Operating Engineers Local No 825 Out-Of-Work Fund

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

EIN: 236033399 ✦ Springfield, NJ ✦ Designated as a 501(c)(17)

Overview

What is Operating Engineers Local No 825 Out-Of-Work Fund?

Operating Engineers Local No 825 Out-Of-Work Fund is a charitable organization based in Springfield, New Jersey, specifically located at 65 Springfield Avenue, 07081. Their primary mission is to offer supplemental unemployment benefits for eligible members of the union. In simpler terms, they provide financial assistance to union members who find themselves unemployed.


Is Operating Engineers Local No 825 Out-Of-Work Fund legitimate?

Operating Engineers Local No 825 Out-Of-Work Fund is a legitimate nonprofit organization registered as a 501(c)(17) entity. Operating Engineers Local No 825 Out-Of-Work 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: $170,758

For more financial information, click here


What is the mission statement of Operating Engineers Local No 825 Out-Of-Work Fund?
Who is the CEO of Operating Engineers Local No 825 Out-Of-Work Fund?
What is the revenue of Operating Engineers Local No 825 Out-Of-Work Fund?
Who are the executives of Operating Engineers Local No 825 Out-Of-Work Fund and what are their salaries?
Where can I find the form 990 for Operating Engineers Local No 825 Out-Of-Work Fund?

Mission Statement of Operating Engineers Local No 825 Out-Of-Work Fund

Operating Engineers Local No 825 Out-Of-Work Fund is a mission-driven organization dedicated to assisting eligible members during periods of unemployment. In simple terms, the fund serves as a safety net for its members, providing them with supplemental unemployment benefits.

The core activity of this nonprofit centers around the distribution of these benefits. When engineers or other workers under Operating Engineers Local No 825 find themselves out of work, they can turn to this organization for financial support. The fund's primary role is to help bridge the gap between job losses and the eventual reemployment, ensuring that its members can maintain their financial well-being during difficult times.

In essence, Operating Engineers Local No 825 Out-Of-Work Fund is a critical resource for its members. By providing supplemental unemployment benefits, it offers peace of mind and stability amid employment instability. This nonprofit's mission is more than just financial support, it's about empowering its members to weather the ups and downs of their careers, knowing that they have a reliable source of assistance whenever they need it.

Impact

This information is meant to be a general summary of Operating Engineers Local No 825 Out-Of-Work Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Operating Engineers Local No 825 Out-Of-Work Fund directly impacts its members by providing supplemental unemployment benefits during times of need. This support helps eligible participants maintain financial stability and security when facing unemployment. By offering this assistance, the fund plays a crucial role in supporting its members and their families during challenging periods.





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: $3,753,242
  • Program Service Revenue: $9,062,183
  • Gross Receipts: $31,415,284

    • Assets and Liabilities:
  • Total Assets: $83,660,847
  • Total Liabilities: $195,075
  • Net Assets: $83,465,772
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $9,062,183

    Organization Details

    Founding Year

    1968

    Principal Officer

    Christine Medich

    Main Address

    65 SPRINGFIELD AVENUE, SPRINGFIELD, NJ, 07081

    NTEE Category

    Code: Y20 - Mutual benefit

    If you are a representative of Operating Engineers Local No 825 Out-Of-Work Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.