Operating Engineers Market Preservation Trust Fund

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

EIN: 946599237 ✦ Alameda, CA ✦ Designated as a 501(c)(5)

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Overview

What is Operating Engineers Market Preservation Trust Fund?

The Operating Engineers Market Preservation Trust Fund is a collaborative entity based in Alameda, California. Established through an agreement between employers and union workers, its primary objective is to foster a cooperative committee that spans across a specific sector and region. This committee aims to promote harmonious labor-management relationships, contributing to a positive work environment and potential benefits for all parties involved in the industry.

Is Operating Engineers Market Preservation Trust Fund legitimate?

Operating Engineers Market Preservation Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Operating Engineers Market Preservation Trust Fund 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 Operating Engineers Market Preservation Trust Fund?

The Operating Engineers Market Preservation Trust Fund's mission is centered around fostering collaboration between employers and union workers within their specific industry. This is achieved through the establishment of a labor-management cooperation committee, as outlined in an agreement between the two parties. The primary objective of this committee is to promote a cohesive working environment and address industry-wide concerns, thereby benefiting both employers and workers equally.

What is the revenue of Operating Engineers Market Preservation Trust Fund?

Operating Engineers Market Preservation Trust Fund's revenue in 2023 was $1,974,190.

Who are the executives of Operating Engineers Market Preservation Trust Fund and what are their salaries?

Here are 2 key members and their salaries:


Thomas Holsman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Reding (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operating Engineers Market Preservation Trust Fund?

Operating Engineers Market Preservation Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Operating Engineers Market Preservation Trust Fund

The Operating Engineers Market Preservation Trust Fund is dedicated to fostering an industry-wide labor-management cooperation committee. This commitment is a result of an agreement between the employers and the union workers within their field. The primary objective of this nonprofit organization is to establish a collaborative platform that facilitates mutual understanding and cooperation between the two parties, ultimately benefiting both the labor force and employers in the relevant industry.

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Impact




October, 2024

The Operating Engineers Market Preservation Trust Fund plays a vital role in fostering labor-management cooperation within the construction industry. By establishing an area and industry-wide Labor-Management Cooperation Committee, it facilitates dialogue and collaboration between employers and union workers. This initiative enhances communication, promotes understanding, and ensures that both parties work towards shared goals, thereby improving workplace conditions and overall industry standards. The Trust Fund's efforts contribute to a more stable and equitable employment environment, ultimately benefiting workers and employers alike in Alameda, California, and beyond.




This information is meant to be a general summary of Operating Engineers Market Preservation Trust Fund. 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
$1,974,190 (2023)
Expenses
$1,974,190 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,821
  • Program Service Revenue: $1,970,024
  • Gross Receipts: $1,974,190

Assets and Liabilities:

  • Total Assets: $548,922
  • Total Liabilities: $468,471
  • Net Assets: $80,451

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,970,024

Organization Details

Founding Year

1986

Principal Officer

Dan Reding

NTEE Category

Code: J40 - Employment

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