Overview
What is Local Union 2222 Ibew Building Corporation?
Local Union 2222 IBEW Building Corporation is a nonprofit entity founded by Local Union 2222, an organization representing electrical workers. The main purpose of this Building Corporation is to manage and utilize real estate for the benefit of the Local Union. They purchased a property at 1137 Washington Street in Dorchester, Massachusetts, and financed it with a mortgage from the Local Union. The Corporation leases office space to the Union, and its primary function is to facilitate negotiations, arbitrate disputes, and oversee activities to guarantee fair working conditions and financial advantages for its members.
Is Local Union 2222 Ibew Building Corporation legitimate?
Local Union 2222 Ibew Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local Union 2222 Ibew Building Corporation 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 Local Union 2222 Ibew Building Corporation?
The Local Union 2222 IBEW Building Corporation was established with the primary objective of serving its affiliated union. Its mission is to manage real estate resources for the benefit of the union, specifically by purchasing and financing a property. The corporation's main tenant is Local Union 2222, who utilizes the office space for their operations. The corporation's role extends beyond property management, as it also supports the union in negotiating contracts, arbitrating disputes, and ensuring favorable working conditions and economic advantages for its members.
Who is the CEO of Local Union 2222 Ibew Building Corporation?
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What is the revenue of Local Union 2222 Ibew Building Corporation?
Local Union 2222 Ibew Building Corporation's revenue in 2021 was $255.
Who are the executives of Local Union 2222 Ibew Building Corporation and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990EZ for Local Union 2222 Ibew Building Corporation?
Local Union 2222 Ibew Building Corporation's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Local Union 2222 Ibew Building Corporation
Local Union 2222 IBEW Building Corporation was established with a purpose to serve the needs of Local Union 2222, an organization dedicated to negotiating contracts, resolving disputes, and ensuring favorable working conditions for its members. The Building Corporation acquired a property at 1137 Washington Street and financed it with a mortgage from Local Union 2222. The corporation then leased office space to the labor organization, providing it with a physical base for its activities. The primary role of Local Union 2222 IBEW Building Corporation is to support the operations of Local Union 2222, ensuring they have the necessary resources to carry out their mission effectively. This involves providing a suitable workspace and securing the necessary financing to maintain and operate this facility. The Building Corporation thus plays a crucial role in supporting the day-to-day activities of Local Union 2222, enabling it to focus on its core mission of negotiating contracts, arbitrating cases, and advocating for the rights of its members.
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Impact
October, 2024
Local Union 2222 IBEW Building Corporation plays a significant role in supporting the activities of Local Union 2222 by providing essential real estate resources. By acquiring property at 1137 Washington Street in Dorchester, Massachusetts, the Building Corporation ensures that the union has a dedicated space to operate effectively. This strategic investment allows Local Union 2222 to facilitate office operations, which are vital for negotiating contracts, arbitrating disputes, and advocating for the rights of its members.
The presence of a dedicated building enhances the union's ability to organize events, host meetings, and provide training, all of which contribute to the professional development of its members. Furthermore, by holding and managing its own real estate, the union is able to maintain financial stability and independence, which is crucial for its mission to secure better working conditions and economic advantages for electricians and their families in the community.
In addition to serving its members, the Building Corporation’s activities align with broader community improvement efforts. By investing in local property, it contributes to the economic vitality of the Dorchester area, showcasing a commitment not only to the union's members but also to the welfare of the surrounding community. This dual focus reinforces the union's role as a pillar of support and advocacy within the local labor landscape.
This information is meant to be a general summary of Local Union 2222 Ibew Building Corporation. 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.
- Investment Income: $255
- Gross Receipts: $255
Assets and Liabilities:
- Total Assets: $1
- Total Liabilities: $0
- Net Assets: $1
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Organization Details
Phone
(617) 929-6000Main Address
159 BURGIN PARKWAY, QUINCY, MA, 021694251
NTEE Category
Code: S47 - Community improvement
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