Overview
What is International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan?
The International Brotherhood of Electrical Workers Local Union No 595 Vacation Plan is a multiemployer benefit program created through collective bargaining. This plan offers eligible participants vacation benefits. As a legally binding agreement, it adheres to the Employee Retirement Income Security Act of 1974. The primary mission of this union-sponsored vacation plan is to provide well-deserved rest and relaxation to its members, contributing to their overall quality of life.
Is International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan legitimate?
International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Electrical Workers Local Union No 595 Vacation 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 International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan?
The International Brotherhood of Electrical Workers Local Union No 595 Vacation Plan is a multiemployer benefit scheme. This plan offers vacation benefits to eligible participants in accordance with a collectively-bargained agreement. It operates under the regulations of the Employee Retirement Income Security Act of 1974. The mission of this plan revolves around delivering vacation benefits to its eligible members. The union's dedication to securing these benefits is evident through its adherence to collectively-bargained terms. The plan's status as a multiemployer benefit, regulated by ERISA, ensures both parties' compliance with the established guidelines.
Who is the CEO of International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan?
Greg Armstrong is the Management Trustee of International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan.
What is the revenue of International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan?
International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan's revenue in 2022 was $17,410,888.
Who are the executives of International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $200,260
- Other: $81,141
- Compensation: $0
- Related: $174,507
- Other: $81,141
- Compensation: $0
- Related: $163,868
- Other: $81,141
- Compensation: $0
- Related: $13,298
- Other: $0
- Compensation: $0
- Related: $8,664
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan?
International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Brotherhood Of Electrical Workers Local Union No 595 Vacation Plan
International Brotherhood of Electrical Workers Local Union No 595 Vacation Plan is a multiemployer benefit program that offers vacation benefits to eligible participants. Established through collective bargaining, this plan falls under the Employee Retirement Income Security Act of 1974. In simpler terms, it is a cooperative agreement between various employers in the electrical industry, aiming to provide vacation benefits to their unionized workforce. The program's main objective is to ensure that participating employees can enjoy well-deserved time off from work. The provisions of the ERISA act guarantee the security and protection of the benefits provided by the plan.
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Impact
October, 2024
The International Brotherhood of Electrical Workers Local Union No 595 Vacation Plan significantly enhances the welfare of eligible participants by offering structured vacation benefits. As a collectively-bargained multiemployer benefit plan, it provides workers with financial support during their time off, which is crucial for both mental and physical well-being.
This plan helps to ensure that members can take time away from work without the fear of losing income, thereby promoting a healthier work-life balance. By adhering to the provisions of the Employee Retirement Income Security Act of 1974, it guarantees that the benefits are managed with a level of security and oversight, fostering trust among union members.
In essence, the Vacation Plan plays a vital role in contributing to the overall job satisfaction and quality of life for electrical workers in the region, ensuring they have the ability to recharge and return to work ready to perform at their best.
This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local Union No 595 Vacation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $846
- Program Service Revenue: $17,210,929
- Gross Receipts: $17,410,888
Assets and Liabilities:
- Total Assets: $7,020,343
- Total Liabilities: $6,351,640
- Net Assets: $668,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$17,210,929
Organization Details
Founding Year
1992
Phone
(925) 208-9999Principal Officer
Greg Armstrong
Main Address
7180 KOLL CENTER PKWY STE 200, Pleasanton, CA, 94566
NTEE Category
Code: Y40 - Mutual benefit
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