Overview
What is Southern California Plastering Institute Vacation Trust Fund?
The Southern California Plastering Institute Vacation Trust Fund is a multi-employer welfare benefit plan, situated in Covina, California. Its primary mission is to provide vacation benefits to active employees, with employers obligated to submit contributions on their behalf. This trust serves an essential role in offering vacation benefits to a collective workforce, ensuring that employees can enjoy well-deserved time off.
Is Southern California Plastering Institute Vacation Trust Fund legitimate?
Southern California Plastering Institute Vacation Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern California Plastering Institute Vacation 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.
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What is the mission statement of Southern California Plastering Institute Vacation Trust Fund?
The Southern California Plastering Institute Vacation Trust Fund serves as a multi-employer welfare benefit plan, mandating employers to contribute towards providing vacation benefits for their active employees. The primary objective of this trust is to administer these vacation benefits, ensuring that eligible employees can enjoy their well-deserved time off. The plan operates on the principle of collective employer contributions, ensuring vacation benefits for a large group of active employees. While the Southern California Plastering Institute Vacation Trust Fund does not have a traditional mission statement in the sense of advocacy or research, its purpose is to provide a structured vacation benefit system for eligible employees.
What is the revenue of Southern California Plastering Institute Vacation Trust Fund?
Southern California Plastering Institute Vacation Trust Fund's revenue in 2023 was $2,754,989.
Who are the executives of Southern California Plastering Institute Vacation Trust Fund and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Southern California Plastering Institute Vacation Trust Fund?
Southern California Plastering Institute Vacation Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southern California Plastering Institute Vacation Trust Fund
The Southern California Plastering Institute Vacation Trust Fund serves as a multi-employer welfare benefit plan, with a primary mission to provide vacation benefits to its active employees. Employers have a mandate to contribute to this plan on behalf of their workers, ensuring that the fund can effectively deliver these benefits. By acting as a collective resource, the Trust Fund enables employees to enjoy vacation time, which can be invaluable for rest, rejuvenation, and maintaining a healthy work-life balance. This mission underscores the importance of the Trust Fund in supporting its members, offering them a well-deserved break from their work while ensuring their employers meet their obligations.
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Impact
October, 2024
The Southern California Plastering Institute Vacation Trust Fund significantly impacts the workforce by providing vacation benefits to active employees. This multi-employer welfare benefit plan ensures that employers contribute funds on behalf of their workers, leading to enhanced job satisfaction and quality of life. Employees benefit from well-deserved time off, which can improve their mental health and overall well-being. By facilitating financial security and promoting a balanced work-life dynamic, the Trust Fund fosters a more motivated and productive workforce in the plastering industry. This mechanism not only supports individual employees but also strengthens the industry by encouraging retention and attracting skilled labor.
This information is meant to be a general summary of Southern California Plastering Institute Vacation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,898
- Program Service Revenue: $2,746,091
- Gross Receipts: $2,754,989
Assets and Liabilities:
- Total Assets: $2,728,224
- Total Liabilities: $1,998,718
- Net Assets: $729,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,746,091
Organization Details
Founding Year
1999
Principal Officer
Tom Castleman
NTEE Category
Code: Y43 - Mutual benefit
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