Teamsters Local 560 Industry Advancement Fund

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TO TRAIN THE CONSTRUCTION EMPLOYEES IN INDUSTRY SKILLS, PROCESSES, AND PROCEDURES

Teamsters Local 560 Industry Advancement Fund

The Teamsters Local 560 Industry Advancement Fund is a nonprofit organization classified as a 501(c)(6) entity, which includes business leagues, chambers of commerce, real estate boards, and other organizations focused on improving business conditions.[1] The organization's primary mission is to advance the interests of its constituency, particularly through training and development initiatives in the construction sector.

Purpose and Activities

The fund's main objective is to train construction employees in industry-specific skills, processes, and procedures. This focus on workforce development aims to enhance the capabilities and competitiveness of workers within the construction industry, aligning with broader objectives of improving business conditions and industry standards.[2]

Financial Operations

As a 501(c)(6) organization, donations to the Teamsters Local 560 Industry Advancement Fund are not tax deductible. The organization primarily generates its revenue from program services, which account for a significant portion of its overall income.[1] In fiscal years, the fund's financial performance reflects this reliance on program-related activities.

Governance and Structure

The organization operates under a governance structure that includes trustees and administrators. Key personnel include union trustees and employer trustees who oversee the fund's activities. However, specific details about its board members are not publicly available.[2]

Relationship to Other Teamsters Funds

The Teamsters Local 560 Industry Advancement Fund operates alongside other related funds, such as the Teamsters Pension Trust Fund, which focuses on providing comprehensive retirement benefits to participating employees and employers. These funds collectively support workers in the construction industry by addressing both training needs and long-term financial security.[3]

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Founded

2001

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Union City

Address: 303 Molnar Dr, Union CityWeb: Sign in to see organisation websiteRevenue: 26043ICO: 61701375

Teamsters Local 560 Benefit Funds

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Dana

🚚💙 So grateful for the resources provided by the Teamsters Local 560 Benefit Funds! Knowledge is power, and we’re all in this together to uplift our community. Keep up the amazing work! 🌟👷‍♂️

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Helen

- How can Teamsters Local 560 enhance the awareness and utilization of benefits among its members, especially in light of significant life events?

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Pauline

- What innovative strategies could the Industry Advancement Fund implement to support the professional development of trucking employees in North Jersey?

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Michael

🌟 Proud to support the Teamsters Local 560 Industry Advancement Fund! Investing in our construction employees’ skills is essential for a brighter future. Let’s build a better industry together! 💪🚧

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Union City

Organisations from Teamsters Local 560 Industry Advancement Fund

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2. UNION CITY FIRST UNITED METHODIST CHURCH

The United Methodist Church is a worldwide connection of close to 10 million members in over 100 countries including Africa, Asia, Europe and the United States.

3. THE IN UNION CITY UNITED METHODIST CHURCH

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4. Atomic Youth Youth Culture History 1946-1979

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