Overview
What is Millwright 740 Corporation Co Nyc District Council?
Millwright 740 Corporation Co, affiliated with the NYC District Council of Carpenters, serves as a trustee for real estate assets. This nonprofit organization holds the title to properties that are leased to one or more of the council's affiliated local unions. Its primary role is to manage these real estate holdings on behalf of the council, thereby contributing to their overall operations and activities.
Is Millwright 740 Corporation Co Nyc District Council legitimate?
Millwright 740 Corporation Co Nyc District Council is a legitimate nonprofit organization registered as a 501(c)(2) entity. Millwright 740 Corporation Co Nyc District Council 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 Millwright 740 Corporation Co Nyc District Council?
The Millwright 740 Corporation, acting on behalf of the New York City District Council of Carpenters, holds title to real estate for the purpose of leasing it to affiliated local unions. Its primary mission is to serve as a legal entity that manages the property ownership, allowing the affiliated unions to utilize the space for their operations. This arrangement allows for a seamless operation of the unions, ensuring they have a secure base for their activities.
Who is the CEO of Millwright 740 Corporation Co Nyc District Council?
Paul Capurso is the President of Millwright 740 Corporation Co Nyc District Council.
What is the revenue of Millwright 740 Corporation Co Nyc District Council?
Millwright 740 Corporation Co Nyc District Council's revenue in 2022 was $40,800.
Who are the executives of Millwright 740 Corporation Co Nyc District Council and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Millwright 740 Corporation Co Nyc District Council?
Millwright 740 Corporation Co Nyc District Council's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Millwright 740 Corporation Co Nyc District Council
Millwright 740 Corporation Co Nyc District Council, as a nonprofit entity, is primarily tasked with managing real estate on behalf of the New York City District Council of Carpenters. The property under its management is leased to affiliated local unions. In essence, Millwright 740 Corporation Co Nyc District Council acts as a trustee, safeguarding the real estate interests of the New York City District Council of Carpenters, ensuring that the leased properties are utilized effectively by the affiliated local unions. By holding title to this property, the corporation provides a crucial service to the carpenter's union, facilitating the smooth operation of its various local unions.
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Impact
October, 2024
Millwright 740 Corporation Co NYC District Council significantly contributes to the local construction and labor landscape by managing real estate assets for the NYC District Council of Carpenters. Through the lease of properties to affiliated local unions, it facilitates essential support for union activities, training, and member services.
The organization's role in holding title to real estate ensures that local unions have access to facilities that are vital for their operation and community engagement. This impacts not only the union members by providing them with resources and spaces for meetings and training but also enhances community improvement efforts, as these unions often participate in local initiatives and projects.
By managing these real estate assets effectively, Millwright 740 Corporation plays a crucial role in strengthening the collective voice of carpenters in New York City, promoting teamwork and solidarity among unions, and ultimately contributing to the stability and growth of the labor market in the region.
This information is meant to be a general summary of Millwright 740 Corporation Co Nyc District Council. 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: $40,800
- Gross Receipts: $40,800
Assets and Liabilities:
- Total Assets: $163,274
- Total Liabilities: $2,000
- Net Assets: $161,274
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Organization Details
Phone
(212) 366-7500Principal Officer
Paul Capurso
Main Address
395 Hudson Street, New York, NY, 10014
NTEE Category
Code: S47 - Community improvement
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