Overview
What is Msea Building Association?
The Msea Building Association is a nonprofit organization situated in Augusta, Maine, at 5 Community Drive. Their primary mission is to lease out buildings, specifically at 65 and 71 State Street, to a related tax-exempt organization, in this case, the Maine Service Employees Association, SEIU Local 1989, a union exempt from income tax under IRC Section 501(C)(5). By providing rental space, Msea Building Association supports the operations and activities of this related organization.
Is Msea Building Association legitimate?
Msea Building Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Msea Building Association 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 tax deductible.
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What is the mission statement of Msea Building Association?
The Msea Building Association's mission is centered around providing rental space to related tax-exempt organizations. Specifically, it leases buildings to organizations that are exempt from income tax under IRC Section 501(C)(5), such as the Maine Service Employees Association and SEIU Local 1989. This association plays a crucial role in offering a physical space for these tax-exempt organizations to carry out their charitable activities.
Who is the CEO of Msea Building Association?
Dean Staffieri is the President of Msea Building Association.
What is the revenue of Msea Building Association?
Msea Building Association's revenue in 2022 was $200,036.
Who are the executives of Msea Building Association and what are their salaries?
Here are 29 key members and their salaries:
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Where can I find the form 990 for Msea Building Association?
Msea Building Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Msea Building Association
The Msea Building Association has a mission centered around providing rental space for related tax-exempt organizations. In essence, this organization serves as a host, leasing its buildings to entities that are exempt from income tax under the Internal Revenue Code Section 501(C)(5). By doing so, Msea Building Association plays a crucial role in supporting these tax-exempt organizations, enabling them to carry out their respective missions and serve their communities effectively.
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Impact
October, 2024
The Msea Building Association significantly contributes to the community by providing essential rental space for the Maine Service Employees Association and other related tax-exempt organizations. Located in Augusta, Maine, at 65 and 71 State Street, the association plays a crucial role in supporting the infrastructure of organizations dedicated to public service and employee representation.
By leasing these facilities, the Msea Building Association fosters collaboration and communication among various groups, enhancing their ability to advocate for workers' rights and improve community services. This not only strengthens the impact of the Maine Service Employees Association but also contributes to the overall betterment of the Augusta community by supporting entities focused on community improvement and social welfare. The association's strategic use of its properties helps create a central hub for activities that benefit local workers and the public sector, underscoring its importance in the region's civic landscape.
This information is meant to be a general summary of Msea Building Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32
- Program Service Revenue: $200,004
- Gross Receipts: $200,036
Assets and Liabilities:
- Total Assets: $1,242,548
- Total Liabilities: $1,165,941
- Net Assets: $76,607
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$200,004
Organization Details
Founding Year
1987
Phone
(207) 622-3151Principal Officer
Dean Staffieri
Main Address
5 COMMUNITY DR, AUGUSTA, ME, 043308087
NTEE Category
Code: S47 - Community improvement
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