Overview
What is The Labor Temple Association Inc?
The Labor Temple Association Inc, situated in Minneapolis, Minnesota, is a nonprofit organization with a mission to own and manage facilities, meeting spaces, and offices for its affiliated labor organizations or employee associations. With the sole stockholding of the Labor Temple Association Real Estate Holdings Inc, a 501(c)(2) organization, they hold title to their real property, primarily used for the benefit of their labor union members. The Association's main purpose is to cater to the needs of its labor associations by providing them with suitable spaces for their activities.
Is The Labor Temple Association Inc legitimate?
The Labor Temple Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Labor Temple Association Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $20,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Labor Temple Association Inc?
The Labor Temple Association Inc's primary mission is to own and manage "labor temples or buildings" for the benefit of its associated labor organizations and employee associations. This non-profit organization serves as the sole stockholder of the Labor Temple Association Real Estate Holdings Inc., which legally holds the title to its property. The Association's main objective is to provide these buildings for the use of its member labor organizations and associations of employees. By doing so, it leases units and offers facilities, meeting, and office spaces to these organizations, thereby contributing to their operations.
What is the revenue of The Labor Temple Association Inc?
The Labor Temple Association Inc's revenue in 2023 was $68,258.
Who are the executives of The Labor Temple Association Inc and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $10,400
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $10,400
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
- Compensation: $0
- Related: $1,600
- Other: $0
Where can I find the form 990 for The Labor Temple Association Inc?
The Labor Temple Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Labor Temple Association Inc
The Labor Temple Association Inc's primary mission lies in owning and managing "labor temples or buildings" for the benefit of its affiliated labor organizations and employee associations. This organization serves as the sole stockholder of the Labor Temple Association Real Estate Holdings, Inc., a 501(c)(2) entity that legally holds its real property. The Association's main purpose is to provide these facilities, meeting spaces, and office accommodations to its member labor organizations, thereby supporting their operations and activities.
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Impact
October, 2024
The Labor Temple Association Inc plays a crucial role in fostering the strength and unity of labor organizations in Minneapolis, MN. By owning and maintaining "labor temples" or buildings dedicated to the use of member labor organizations, the association provides essential facilities that support the activities and missions of these groups. These spaces serve as vital gathering points where labor unions and employee associations can meet, strategize, and collaborate on pressing issues affecting their members.
With the leasing of 40 units, the Labor Temple Association ensures that labor organizations have access to meeting and office space, which is fundamental for their operations. This support enhances the ability of labor groups to organize, advocate for workers' rights, and engage in community-building initiatives. The association’s focus on providing these resources contributes to the overall empowerment of workers in the region, facilitating a stronger collective voice in advocating for fair labor practices and improved working conditions.
Moreover, by acting as the sole stockholder of the Labor Temple Association Real Estate Holdings, Inc., the association effectively manages the real property it owns, ensuring these vital resources are preserved and utilized for the benefit of the labor community. In doing so, it reinforces a legacy of labor solidarity and activism that continues to impact the economic and social landscape of Minneapolis.
This information is meant to be a general summary of The Labor Temple Association Inc. 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 2023.
- Investment Income: $42,322
- Gross Receipts: $68,258
Assets and Liabilities:
- Total Assets: $5,301,385
- Total Liabilities: $2,316
- Net Assets: $5,299,069
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Organization Details
Founding Year
2001
Principal Officer
Dave Schutta
NTEE Category
Code: J40 - Employment
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