Prevailing Wage Contractors Association Trust

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

EIN: 330721566 ✦ Columbus, OH ✦ Designated as a 501(c)(9)

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

For more financial information, click here


What is the mission statement of Prevailing Wage Contractors Association Trust?
What is the revenue of Prevailing Wage Contractors Association Trust?
Who are the executives of Prevailing Wage Contractors Association Trust and what are their salaries?
Where can I find the form 990 for Prevailing Wage Contractors Association Trust?

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.

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: $155,705
  • Program Service Revenue: $33,642,911
  • Gross Receipts: $33,798,616

    • Assets and Liabilities:
  • Total Assets: $12,334,871
  • Total Liabilities: $0
  • Net Assets: $12,334,871
  • 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

    Main Address

    4041 N HIGH STREET SUITE 400, COLUMBUS, OH, 43214

    NTEE Category

    Code: Y40 - Mutual benefit

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