Overview
What is Prevailing Wage Contractors Association Trust?
The Prevailing Wage Contractors Association Trust is a nonprofit organization that offers supplemental unemployment benefits to its member companies in the construction industry. Based on the provided information, this trust aims to support its members during periods of unemployment by providing essential financial assistance. With a focus on enhancing the financial stability of its membership base, the Trust's mission is to help its members weather the challenges that come with economic downturns.
Is Prevailing Wage Contractors Association Trust legitimate?
Prevailing Wage Contractors Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Prevailing Wage Contractors Association 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 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
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What is the mission statement of Prevailing Wage Contractors Association Trust?
The Prevailing Wage Contractors Association Trust is dedicated to providing supplemental unemployment benefits to its member contractors. Their mission is to offer financial support during periods of unemployment, helping members to weather economic challenges and maintain their businesses. The Trust plays a crucial role in safeguarding the financial security of its members, ensuring they can continue their operations and provide for their workforce even in difficult economic circumstances.
What is the revenue of Prevailing Wage Contractors Association Trust?
Prevailing Wage Contractors Association Trust's revenue in 2022 was $33,798,616.
Who are the executives of Prevailing Wage Contractors Association Trust and what are their salaries?
- Huntington National Bank Trust (Trustee)
Where can I find the form 990 for Prevailing Wage Contractors Association Trust?
The Prevailing Wage Contractors Association Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Prevailing Wage Contractors Association Trust
The Prevailing Wage Contractors Association Trust is a notable organization that extends supplemental unemployment benefits to its distinguished members. In simpler terms, it functions as a safety net for its members during periods of joblessness. The Association Trust's primary objective is to support its members through financially challenging times by providing essential unemployment benefits.
Established with the intention of fostering stability and resilience among its members, the Prevailing Wage Contractors Association Trust plays a pivotal role in bolstering the workforce within its industry. By offering supplemental unemployment benefits, it helps its members maintain a steady financial footing, thereby enabling them to continue contributing effectively to their professions and the economy at large.
In times when economic conditions may lead to job losses, the Association Trust steps in to help its members bridge the gap until they can secure new employment opportunities. This, in turn, not only benefits the individual members but also contributes to the overall strength and stability of the construction industry as a whole. The organization's unwavering commitment to its members during times of need underscores its significance as a vital resource and advocate within the industry.
Impact
This information is meant to be a general summary of Prevailing Wage Contractors Association Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Prevailing Wage Contractors Association Trust provides supplemental unemployment benefits to its members. These benefits help members during periods of unemployment, ensuring financial support and stability. By offering this support, the trust assists workers in the construction industry in Columbus, Ohio, in maintaining their livelihoods and navigating economic challenges. This impact contributes to the well-being of its members and helps them sustain their families during difficult times.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$33,642,911
Organization Details
Founding Year
1995
Phone
(614) 447-8556
Main Address
4041 N HIGH STREET SUITE 400, COLUMBUS, OH, 43214
NTEE Category
Code: Y40 - Mutual benefit
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