Construction Workers Vacation Savings Trust Plan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942471400 ✦ Reno, NV ✦ Designated as a 501(c)(9)

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Overview

What is Construction Workers Vacation Savings Trust Plan?

The Construction Workers Vacation Savings Trust Plan is a nonprofit organization based in Reno, Nevada. This fraternal beneficiary society and voluntary employees association is dedicated to offering paid vacation benefits to approximately 1,702 participants. Its primary objective is to ensure the payment of these vacation benefits, contributing to the overall well-being and relaxation of its members. The plan operates as a testament to the organization's commitment to supporting the hardworking construction workers in its community.

Is Construction Workers Vacation Savings Trust Plan legitimate?

Construction Workers Vacation Savings Trust Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Construction Workers Vacation Savings Trust Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Construction Workers Vacation Savings Trust Plan?

The Construction Workers Vacation Savings Trust Plan, serving around 1,702 participants, is dedicated to the mission of providing paid vacation benefits. Operating as a fraternal beneficiary society and voluntary employees association, its primary objective is centered around the payment of vacation benefits.

Who is the CEO of Construction Workers Vacation Savings Trust Plan?

Richard Skip Daly is the Chairman of Construction Workers Vacation Savings Trust Plan.

What is the revenue of Construction Workers Vacation Savings Trust Plan?

Construction Workers Vacation Savings Trust Plan's revenue in 2022 was $4,526,106.

Who are the executives of Construction Workers Vacation Savings Trust Plan and what are their salaries?

There 7 volunteers at Construction Workers Vacation Savings Trust Plan.


Here are 7 key members and their salaries:


Richard Daly (Chairman)
  • Compensation: $0
  • Related: $129,904
  • Other: $44,054
Craig Madole (Co-Chairman)
  • Compensation: $0
  • Related: $210,000
  • Other: $25,863
Dave Backman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Holt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eloy Jara (Trustee)
  • Compensation: $0
  • Related: $86,838
  • Other: $22,578
Mike Kinney (Trustee)
  • Compensation: $0
  • Related: $79,818
  • Other: $20,753
Jarrett Rosenau (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Construction Workers Vacation Savings Trust Plan?

Construction Workers Vacation Savings Trust Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Construction Workers Vacation Savings Trust Plan

The Construction Workers Vacation Savings Trust Plan is dedicated to fulfilling the mission of providing paid vacation benefits to its approximately 1,702 participants. This organization operates as a fraternal beneficiary society and voluntary employees association, demonstrating its commitment to supporting the construction workers it serves. Its primary objective is to ensure that these workers can enjoy well-deserved time off, enhancing their overall work-life balance and wellbeing. By providing vacation benefits, the Construction Workers Vacation Savings Trust Plan plays a significant role in promoting the physical and mental health of its members, enabling them to return to their jobs refreshed and rejuvenated.

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Impact




October, 2024

The Construction Workers Vacation Savings Trust Plan significantly enhances the financial well-being of its participants by ensuring they receive paid vacation benefits. With approximately 1,702 participants, this plan allows construction workers to take essential time off without the stress of lost wages. This support fosters a healthier work-life balance, enabling workers to recharge and return to their jobs rejuvenated.

By providing these benefits, the plan contributes to overall job satisfaction and productivity within the construction industry. It also helps in attracting and retaining skilled labor, as workers are more likely to remain with employers who offer valuable benefits like paid vacations. Additionally, the plan's organization as a fraternal beneficiary society and voluntary employees association underscores its commitment to mutual support among workers, further strengthening community ties.

Located in Reno, NV, the Construction Workers Vacation Savings Trust Plan serves as a vital resource for participants, ensuring they can prioritize their well-being while still maintaining a stable income.




This information is meant to be a general summary of Construction Workers Vacation Savings Trust Plan. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,526,106 (2022)
Expenses
$4,287,069 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,861
  • Program Service Revenue: $4,519,245
  • Gross Receipts: $10,186,420

Assets and Liabilities:

  • Total Assets: $4,581,792
  • Total Liabilities: $1,736
  • Net Assets: $4,580,056

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Employer Contributions

Revenue

$4,515,652

Other Additions

Revenue

$3,593

Organization Details

Founding Year

1980

Principal Officer

Richard Skip Daly

Main Address

445 Apple Street, Reno, NV, 89502

NTEE Category

Code: Y40 - Mutual benefit

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