Construction Teamsters Vacation-Holiday- Sick Trust

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

EIN: 956195838 ✦ Covina, CA ✦ Designated as a 501(c)(9)

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Overview

What is Construction Teamsters Vacation-Holiday- Sick Trust?

The Construction Teamsters Vacation-Holiday-Sick Trust is a nonprofit organization situated in Covina, California. It collects contributions from employers and distributes these funds to its participants annually. The primary function of this trust is to provide financial assistance to its participants, enhancing their overall well-being. The trust's mission aligns with supporting its participants by managing their vacation, holiday, and sick leave benefits. It plays a crucial role in offering financial security to its members during these periods.

Is Construction Teamsters Vacation-Holiday- Sick Trust legitimate?

Construction Teamsters Vacation-Holiday- Sick Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Construction Teamsters Vacation-Holiday- Sick Trust 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 Teamsters Vacation-Holiday- Sick Trust?

The Construction Teamsters Vacation-Holiday-Sick Trust is an entity that collects contributions from employers and disperses them to its participants annually. Its primary function is to serve as a financial resource for its members, providing them with financial assistance during vacation, holiday, or sick leave periods. The Trust is committed to ensuring the well-being and financial stability of its participants by managing and distributing the collected funds effectively. While its mission doesn't involve research, advocacy, or direct support services like some other organizations, its role in providing financial assistance is crucial to the construction workers it serves.

Who is the CEO of Construction Teamsters Vacation-Holiday- Sick Trust?

Mike Bergen is the Labor Trustee of Construction Teamsters Vacation-Holiday- Sick Trust.

What is the revenue of Construction Teamsters Vacation-Holiday- Sick Trust?

Construction Teamsters Vacation-Holiday- Sick Trust's revenue in 2022 was $2,555,848.

Who are the executives of Construction Teamsters Vacation-Holiday- Sick Trust and what are their salaries?


Here are 6 key members and their salaries:


Mike Bergen (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stanley (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Roddy (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Baca (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caesar Borjas (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Batham (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Construction Teamsters Vacation-Holiday- Sick Trust?

Construction Teamsters Vacation-Holiday- Sick Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Construction Teamsters Vacation-Holiday- Sick Trust

The Construction Teamsters Vacation-Holiday-Sick Trust is a non-profit organization that plays a significant role in the construction industry. Its mission is centered around receiving contributions from employers and distributing these funds to its participants annually. This distribution is designed to provide financial support to the participants, offering them a yearly payout. By serving as a conduit for these contributions, the Construction Teamsters Vacation-Holiday-Sick Trust plays a vital role in supporting its participants financially.

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Impact




October, 2024

The Construction Teamsters Vacation-Holiday-Sick Trust plays a crucial role in the financial well-being of construction workers by receiving contributions from employers and distributing these funds to participants annually. This system provides essential financial support that allows workers to take time off for vacations, holidays, or in case of illness without suffering significant income loss. By facilitating these payouts, the Trust helps to promote a healthier work-life balance and boosts morale among construction workers. Additionally, it enhances job stability within the industry by ensuring that workers have access to funds that can support them during non-working periods, ultimately contributing to a more motivated and productive workforce.




This information is meant to be a general summary of Construction Teamsters Vacation-Holiday- Sick Trust. 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
$2,555,848 (2022)
Expenses
$2,518,535 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $941
  • Program Service Revenue: $2,554,907
  • Gross Receipts: $2,555,848

Assets and Liabilities:

  • Total Assets: $1,803,782
  • Total Liabilities: $1,369,652
  • Net Assets: $434,130

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,554,907

Organization Details

Founding Year

1965

Principal Officer

Mike Bergen

Main Address

1325 N GRAND AVE STE 200, covina, CA, 91724

NTEE Category

Code: Y40 - Mutual benefit

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