Roofers Union Local No 33 Thrift Fund

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

EIN: 046358332 ✦ Stoughton, MA ✦ Designated as a 501(c)(9)

Overview

What is Roofers Union Local No 33 Thrift Fund?

Roofers Union Local No 33 Thrift Fund is a nonprofit organization that provides annuity and vacation benefits for approximately 1,120 members of the union, located in Stoughton, Massachusetts (02072). The organization collects vacation benefits from members' payroll deductions, and the annuity benefits are funded through employer contributions. The fund administers these benefits on behalf of the members, ensuring they can access their hard-earned benefits when requested.


Is Roofers Union Local No 33 Thrift Fund legitimate?

Roofers Union Local No 33 Thrift Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Roofers Union Local No 33 Thrift 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 not tax deductible.

Here 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 Roofers Union Local No 33 Thrift Fund?
Who is the CEO of Roofers Union Local No 33 Thrift Fund?
What is the revenue of Roofers Union Local No 33 Thrift Fund?
Who are the executives of Roofers Union Local No 33 Thrift Fund and what are their salaries?
Where can I find the form 990 for Roofers Union Local No 33 Thrift Fund?

Mission Statement of Roofers Union Local No 33 Thrift Fund

The Roofers Union Local No 33 Thrift Fund is a nonprofit organization that offers annuity and vacation benefits to approximately 1,120 members of the roofing union. The fund derives its annuity benefits primarily from employer contributions, while vacation benefits are collected from members' payroll deductions and held by the fund on their behalf.

In essence, the Roofers Union Local No 33 Thrift Fund functions as a safety net for its union members, providing them with financial security and well-deserved breaks. The annuity benefits serve as a retirement fund, ensuring that members have a steady source of income after their working years. On the other hand, the vacation benefits enable members to take a break from work and recharge, enabling them to return to their jobs with renewed energy and focus.

The fund plays a crucial role in enhancing the quality of life for its members, offering them peace of mind and a sense of security. By pooling resources together, the union members are collectively able to secure better benefits than they might have been able to achieve individually. The Roofers Union Local No 33 Thrift Fund's mission is to empower its members by providing them with essential benefits that contribute to their overall well-being.

Impact

This information is meant to be a general summary of Roofers Union Local No 33 Thrift Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Roofers Union Local No 33 Thrift Fund's impact is significant as it provides annuity and vacation benefits to approximately 1,120 members of the union. The fund plays a crucial role in securing these benefits for its members, ensuring financial security and support for them. By managing employer contributions for annuity benefits and collecting and distributing vacation benefits through payroll deductions, the fund directly impacts the well-being and livelihood of its members. Through its efforts, the fund contributes to the financial stability and quality of life of a substantial number of individuals within Roofers Union Local No 33.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $12,165,938
  • Program Service Revenue: $11,642,212
  • Gross Receipts: $23,819,216

    • Assets and Liabilities:
  • Total Assets: $84,710,598
  • Total Liabilities: $2,739
  • Net Assets: $84,707,859
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $8,246,918

    MEMBER CONTRIBUTIONS

    Revenue

    $3,395,294

    Organization Details

    Founding Year

    1976

    Principal Officer

    Paul Bickford

    Main Address

    53 EVANS DRIVE, STOUGHTON, MA, 020724416

    NTEE Category

    Code: Y40 - Mutual benefit

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