Vermont Plumbers & Pipefitters Labor Management Fund
- Assets
- $259.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Burlington, VT
- Founding
- 02/2006
- Data as of
- 06/2021
- EIN
- 20-2941698
Organization Overview
Vermont Plumbers & Pipefitters Labor Management Fund is located in South Burlington, VT. The organization was established in 2006. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Plumbers & Pipefitters Labor Management Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2021, Vermont Plumbers & Pipefitters Labor Management Fund generated $128.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $170.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FUND SEEKS AVENUES TO PROVIDE WORK OPPORTUNITIES FOR PLUMBERS AND PIPEFITTER MEMBERS AND EMPLOYERS AND TO INSURE THAT THESE WORKERS REMAIN COMPETITIVE AND EFFICIENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cole Mugford Trustee | 2 | $0 | |
Liam O'farrell Trustee | 2 | $0 | |
Greg Gove Trustee | 2 | $0 | |
Alex Potvin Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $96,448 |
| Membership dues | $0 |
| Investment income | $2,381 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,829 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,360 |
| Professional fees and other payments to independent contractors | $5,103 |
| Occupancy, rent, utilities, and maintenance | $771 |
| Printing, publications, postage, and shipping | $7,526 |
| Other expenses | $133,084 |
| Total expenses | $170,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,968 |
| Other assets | $0 |
| Total assets | $259,374 |
| Total liabilities | $76,522 |
| Net assets or fund balances | $182,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steamfitters Industry Welfare Fund Board Of Trustees Long Island City, NY | $135,023,453 | $84,135,128 |
National Basketball Players Association New York, NY | $362,993,745 | $34,104,485 |
Teamsters Local 237 Administrative Fund New York, NY | $20,889,322 | $64,678,061 |
Massachusetts Teachers Association Quincy, MA | $104,765,133 | $64,981,415 |
Steamfitters Industry Security Benefit Fund Long Island City, NY | $326,665,741 | $52,241,912 |
Joint Industry Board Of The Electrical Industry Flushing, NY | $28,826,269 | $51,807,728 |
American Federation Of State County & Municipal Employees New York, NY | $77,027,109 | $53,363,394 |
New York State Nurses Association New York, NY | $106,360,017 | $53,864,397 |
United Brotherhood Of Carpenters & Joiners Of America Boston, MA | $146,178,722 | $53,186,412 |
Cement & Concrete Workers District Council Welfare Fund Flushing, NY | $115,712,146 | $34,540,506 |
Service Employees International Union Albany, NY | $31,308,144 | $40,993,536 |
Major League Baseball Players Assn New York, NY | $280,679,317 | $145,511,307 |