Independent Contractors Grievance And Arbitration Trust Fund

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

EIN: 953645780 ✦ Los angeles, CA ✦ Designated as a 501(c)(5)

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Overview

What is Independent Contractors Grievance And Arbitration Trust Fund?

The Independent Contractors Grievance and Arbitration Trust Fund is a nonprofit organization that serves as a neutral arbitrator in resolving disputes between labor and approximately 300 participating employers. This trust fund plays a significant role in mediating grievances, acting as an intermediary between the two parties to ensure fairness and resolution. The trust fund's mission is to provide an impartial platform for addressing disputes, fostering a harmonious working relationship between labor and employers.

Is Independent Contractors Grievance And Arbitration Trust Fund legitimate?

Independent Contractors Grievance And Arbitration Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Independent Contractors Grievance And Arbitration 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

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What is the mission statement of Independent Contractors Grievance And Arbitration Trust Fund?

The Independent Contractors Grievance and Arbitration Trust Fund serves as a mediator, resolving disputes between labor and participating employers for approximately 300 companies. Its primary mission is to act as an arbitrator, facilitating a resolution between the two parties in a fair and impartial manner. The trust fund aims to promote harmony and productivity in the workplace by effectively managing grievances, thereby reducing potential conflicts. It provides a platform for open communication and mutual understanding, fostering a positive working environment.

Who is the CEO of Independent Contractors Grievance And Arbitration Trust Fund?

Mitch Weiss is the Director of Independent Contractors Grievance And Arbitration Trust Fund.

What is the revenue of Independent Contractors Grievance And Arbitration Trust Fund?

Independent Contractors Grievance And Arbitration Trust Fund's revenue in 2023 was $325,254.

Who are the executives of Independent Contractors Grievance And Arbitration Trust Fund and what are their salaries?


Here are 2 key members and their salaries:


John Wimsatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Woods (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Independent Contractors Grievance And Arbitration Trust Fund?

Independent Contractors Grievance And Arbitration Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Independent Contractors Grievance And Arbitration Trust Fund

The Independent Contractors Grievance and Arbitration Trust Fund serves as a mediator, addressing disputes between labor and participating employers. With approximately 300 employers under its purview, this organization acts as an impartial arbitrator, resolving grievances that arise between the two parties. By assuming this role, the Independent Contractors Grievance and Arbitration Trust Fund plays a significant part in maintaining a harmonious work environment, ensuring that disagreements are addressed in a fair and equitable manner.

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Impact




October, 2024

The Independent Contractors Grievance and Arbitration Trust Fund plays a crucial role in resolving disputes between labor and employers, covering the interests of approximately 300 employers. By acting as an impartial arbitrator, it facilitates communication and negotiation, allowing both parties to address grievances effectively. This process helps to foster a more harmonious working relationship, reducing the likelihood of prolonged disputes that can disrupt operations and impact employee morale.

In a landscape where labor relations can become contentious, the Trust Fund provides a structured method for conflict resolution, thereby enhancing workplace stability and ensuring that workers' concerns are heard and addressed. This has broader implications for labor market dynamics in Los Angeles, as a well-functioning arbitration system can lead to increased trust between independent contractors and employers, promoting a more reliable and engaged workforce. Ultimately, the Trust Fund's activities contribute to a healthier employment environment and support the overall economic ecosystem.




This information is meant to be a general summary of Independent Contractors Grievance And Arbitration 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
$325,254 (2023)
Expenses
$293,950 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,756
  • Program Service Revenue: $320,498
  • Gross Receipts: $325,254

Assets and Liabilities:

  • Total Assets: $405,443
  • Total Liabilities: $6,839
  • Net Assets: $398,604

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$320,498

Organization Details

Founding Year

1980

Principal Officer

Mitch Weiss

Main Address

533 SOUTH FREMONT AVENUE 800, LOS ANGELES, CA, 90071

NTEE Category

Code: J40 - Employment

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