Tuscaloosa Plumbers & Steamfitters Local 372 Vacation Fund

Organization Overview

Tuscaloosa Plumbers & Steamfitters Local 372 Vacation Fund, operating under the name Local 372 Vacation Fund, is located in Duncanville, AL. The organization was established in 1980. According to its NTEE Classification (J22) the organization is classified as: Job Training, 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. Local 372 Vacation Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 04/2024, Local 372 Vacation Fund generated $398.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $398.8k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

VACATION BENEFITS

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNDER CBA THE PLAN PROVIDED VACATION BENEFITS TOMEMBERS OF TUSCALOOSA PLUMBERS & STEAMFITTERS LOCAL372. FUNDS ARE WITHHELD FROM WAGES AND DEPOSITEDWITH TRUSTEE FOR INVESTMENT. AMOUNTS PLUS INTERESTARE DISTRIBUTED ANNUALLY.


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Board, Officers & Key Employees

Name (title)Compensation
Tim May
Director
$0
Alabama One Credit Union
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$397,271
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$397,271
Total Program Service Revenue$0
Investment income $1,541
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $398,812

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