Overview
What is Local Union 420 Building Corp?
Local Union 420 Building Corp is a nonprofit organization, specifically holding the title to real and personal property that will be utilized by Exempt International Brotherhood of Electrical Workers Local 420. This exempt organization is the primary tenant of the property, and all activities carried out within it are dedicated solely to this entity. The corp's mission is to facilitate a suitable environment for Exempt International Brotherhood of Electrical Workers Local 420, ensuring their operations run smoothly and effectively.
Is Local Union 420 Building Corp legitimate?
Local Union 420 Building Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local Union 420 Building Corp 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:
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What is the mission statement of Local Union 420 Building Corp?
Local Union 420 Building Corp's primary role is to hold title to real and personal property that will be occupied and utilized by the exempt International Brotherhood of Electrical Workers Local 420. This organization serves as a trustee for the exempt organization, ensuring that all the property is used for its intended purpose. The corporation is entirely dedicated to this activity, devoting 100% of its time towards this mission. By holding the title to the property, Local Union 420 Building Corp plays a crucial role in supporting the operations of the International Brotherhood of Electrical Workers Local 420.
Who is the CEO of Local Union 420 Building Corp?
John Burke is the President of Local Union 420 Building Corp.
What is the revenue of Local Union 420 Building Corp?
Local Union 420 Building Corp's revenue in 2021 was $42,756.
Who are the executives of Local Union 420 Building Corp and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Local Union 420 Building Corp?
Local Union 420 Building Corp's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Local Union 420 Building Corp
Local Union 420 Building Corp's primary mission is to hold title to real and personal property that will be occupied and utilized by the Exempt International Brotherhood of Electrical Workers Local 420. This exempt organization is the one for which Local Union 420 Building Corp holds title. The corporation's sole activity is dedicated to this mission, ensuring that the property is available for the use of the Brotherhood of Electrical Workers Local 420 at all times. By managing the property titles in this manner, Local Union 420 Building Corp plays a crucial role in supporting the operations and activities of the Exempt International Brotherhood of Electrical Workers Local 420.
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Impact
October, 2024
Local Union 420 Building Corp plays a pivotal role in supporting the operations and infrastructure of the International Brotherhood of Electrical Workers Local 420 in Waterbury, CT. By holding title to real and personal property, it ensures that the spaces utilized by the union are secure and well-maintained. This stability allows the union to focus on its mission of supporting its members and enhancing their skills and livelihoods.
The impact of Local Union 420 Building Corp extends to the community as well, as the union's activities contribute to local economic growth, workforce development, and community engagement. By providing a dedicated space for organizing, training, and collaboration, the building corp fosters an environment where electricians can enhance their expertise and connect with one another, ultimately strengthening the electrical trade in the region. This commitment to community improvement not only benefits union members but also enriches the broader Waterbury area.
This information is meant to be a general summary of Local Union 420 Building Corp. 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 2021.
- Program Service Revenue: $42,756
- Gross Receipts: $42,756
Assets and Liabilities:
- Total Assets: $138,608
- Total Liabilities: $372,988
- Net Assets: -$234,380
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$42,756
Organization Details
Phone
(203) 757-9639Principal Officer
John Burke
Main Address
550 WOLCOTT STREET, WATERBURY, CT, 06705
NTEE Category
Code: S47 - Community improvement
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