Overview
What is Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459?
Ufcw Local 1459 Building Corporation, an affiliate of Ufcw Local 1459, is a tax-exempt 501(c)5 real estate holding company situated in Springfield, MA. Its primary role is to offer support to Ufcw Local 1459 as a Section 501(c)2 organization, specializing in the leasing of real estate properties. All earnings generated by the corporation are transferred to the local, as per Section 501(c)2 regulations. In essence, this corporation serves as a financial and operational arm for Ufcw Local 1459, contributing to their overall mission and goals.
Is Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459 legitimate?
Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459 is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459 submitted a form 990EZ, 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.
What is the mission statement of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459?
Ufcw Local 1459 Building Corporation, as a real estate holding company owned by Ufcw Local 1459, operates with a mission to support its affiliated organization. This mission, in line with its status as a Section 501(c)2 entity, involves earning income through the leasing of properties. This income is then transferred to Ufcw Local 1459, as per the provisions of Section 501(c)2. The primary purpose of Ufcw Local 1459 Building Corporation is to aid and assist Ufcw Local 1459 in its operations. The corporation does not have a mission focused on direct community services or charitable activities, but rather, it serves as a financial support system for its parent organization.
Who is the CEO of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459?
Jeffrey Jones is the President of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459.
What is the revenue of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459?
Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459's revenue in 2022 was $38,500.
Who are the executives of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459 and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459?
Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459
Ufcw Local 1459 Building Corporation, a real estate holding company owned by Ufcw Local 1459, operates with a mission to support its parent organization as a Section 501(c)2 entity. This mission is centered around the leasing of real property, with the income generated being directly channeled to Ufcw Local 1459, in accordance with the provisions of Section 501(c)2. The primary objective of Ufcw Local 1459 Building Corporation is to aid and assist its affiliated organization, Ufcw Local 1459, in its operations as a tax-exempt 501(c)5 organization. This support is instrumental in enabling Ufcw Local 1459 to carry out its own mission and activities effectively.
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Impact
October, 2024
UFCW Local 1459 Building Corporation plays a significant role in supporting the activities and mission of UFCW Local 1459 through its focus on real estate. By owning and managing properties in Springfield, MA, the Corporation generates income that is reinvested back into the local union. This financial support enables UFCW Local 1459 to enhance its services and programs for members, ultimately improving the livelihoods and working conditions of workers in the area.
The organization’s focus on leasing real property facilitates economic development within the community, creating opportunities for local businesses and contributing to the overall stability of Springfield. By maintaining a strong local presence, UFCW Local 1459 Building Corporation not only strengthens the union's advocacy efforts but also fosters a sense of solidarity and community engagement among members and the broader workforce.
Through its activities, the Corporation embodies the values of community improvement and worker support, making a lasting impact on both the local economy and the lives of individuals represented by the union.
This information is meant to be a general summary of Ufcw Local 1459 Building Corporation C/O Ufcw Local 1459. 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.
- Gross Receipts: $38,500
Assets and Liabilities:
- Total Assets: $95,802
- Total Liabilities: $95,802
- Net Assets: $0
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Organization Details
Phone
(413) 732-6209Principal Officer
Jeffrey Jones
Main Address
33 EASTLAND STREET, SPRINGFIELD, MA, 01109
NTEE Category
Code: S47 - Community improvement
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