Asbestos Workers Local 24 Industryadvancement And Advocacy Fund
- Assets
- $291.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MD
- Founding
- 12/2009
- Data as of
- 03/2022
- EIN
- 26-0615161
Organization Overview
Asbestos Workers Local 24 Industryadvancement And Advocacy Fund is located in Laurel, MD. The organization was established in 2009. 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. Asbestos Workers Local 24 Industryadvancement And Advocacy 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 03/2022, Asbestos Workers Local 24 Industryadvancement And Advocacy Fund generated $34.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $29.8k during the year ending 03/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE EXEMPT PURPOSE OF THE ASBESTOS WORKERS LOCAL 24 INDUSTRY ADVANCEMENT AND ADVOCACY FUND IS TO WORK TO PROMOTE A POSITIVE IMAGE OF THE UNION WORKERS AND CONTRACTORS: TO OWNERS, GOVERNMENT OFFICIALS, PRESENTLY NON-UNION CONTRACTORS AND WORKERS, AND THE GENERAL PUBLIC; TO USE NEWSLETTERS, CONFERENCES, INDUSTRY CELEBRATIONS AND OTHER MEANS TO INFORM PARTICIPATING CONTRACTORS AND THE GENERAL PUBLIC ABOUT ITS ACTIVITIES AND THE OPPORTUNITIES THAT DERIVE FROM THOSE ACTIVITIES; TO OTHERWISE IMPLEMENT THE PURPOSES AND PROVISIONS OF THE LABOR-MANAGEMENT COOPERATION ACT OF 1978 IN THE AREA OF UNION MEMBERS' HEALTH AND SAFETY; AND TO SOLICIT AND OBTAIN FINANCING FOR THE FUND FROM ANY AND ALL LAWFUL SOURCES INCLUDING EMPLOYERS, EMPLOYER ASSOCIATIONS, PRIVATE FOUNDATIONS, THE FEDERAL GOVERNMENT, STATE GOVERNMENTS, AND THE UNION AND ITS AFFILIATES. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Cavey Trustee | 1 | $0 | |
Kevin Orchard Trustee | 1 | $0 | |
Scott Grant Trustee | 1 | $0 | |
Mike Moneymaker Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,274 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,274 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,762 |
| Total expenses | $29,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $291,446 |
| Other assets | $0 |
| Total assets | $291,446 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,446 |