Overview
What is Electrical Workers Local 3 Realty Corp?
Electrical Workers Local 3 Realty Corp is a nonprofit organization situated in White Plains, New York. Its primary function is to manage and oversee real estate properties on behalf of its parent organization, Local Union No. 3, IBEW. The main objective of the corporation is to hold title to and operate certain real estate properties, ensuring their upkeep and utilization for the benefit of its parent association.
Is Electrical Workers Local 3 Realty Corp legitimate?
Electrical Workers Local 3 Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Electrical Workers Local 3 Realty 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Electrical Workers Local 3 Realty Corp?
Electrical Workers Local 3 Realty Corp's mission is centered around holding title to real property. Specifically, the corporation's objective is to manage and operate certain real estate assets on behalf of its parent organization, Local Union No. 3, IBEW. In essence, Electrical Workers Local 3 Realty Corp serves as a property manager, ensuring the proper title and operation of real estate properties for its affiliated union.
What is the revenue of Electrical Workers Local 3 Realty Corp?
Electrical Workers Local 3 Realty Corp's revenue in 2023 was $339,553.
Who are the executives of Electrical Workers Local 3 Realty Corp and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $219,003
- Other: $107,497
- Compensation: $0
- Related: $206,162
- Other: $106,039
- Compensation: $0
- Related: $206,935
- Other: $106,042
- Compensation: $0
- Related: $0
- Other: $21,385
- Compensation: $0
- Related: $2,837
- Other: $13,195
- Compensation: $0
- Related: $1,407
- Other: $13,195
- Compensation: $0
- Related: $2,520
- Other: $21,385
- Compensation: $0
- Related: $0
- Other: $21,385
- Compensation: $0
- Related: $0
- Other: $21,385
- Compensation: $0
- Related: $0
- Other: $21,385
- Compensation: $0
- Related: $7,132
- Other: $21,385
Where can I find the form 990 for Electrical Workers Local 3 Realty Corp?
Electrical Workers Local 3 Realty Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Electrical Workers Local 3 Realty Corp
Electrical Workers Local 3 Realty Corp, as a corporation, has a distinct mission. Its primary objective is to hold title to and manage certain real property on behalf of its parent organization, Local Union No. 3, IBEW. In simpler terms, the corporation serves as a property custodian, overseeing and managing real estate assets for its affiliated union. This role allows Electrical Workers Local 3 Realty Corp to contribute to the broader objectives and interests of Local Union No. 3, IBEW, ensuring that their property-related needs are met effectively. The corporation's mission is crucial in supporting the union's operations and furthering its goals, thereby contributing to the overall success of the organization.
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Impact
October, 2024
Electrical Workers Local 3 Realty Corp plays a crucial role in supporting the activities and mission of Local Union No. 3, IBEW, through its ownership and management of real property. By holding title to and operating various properties, the organization ensures that essential resources are available to union members, enhancing their access to facilities and services.
Located in White Plains, NY, the corporation focuses on community improvement, directly impacting the local area by maintaining and utilizing real estate that benefits union members and their families. The effective management of these properties not only fosters a sense of community among union members but also contributes to the overall vitality of the region. In this way, Electrical Workers Local 3 Realty Corp plays an integral role in supporting the aims of the union while actively enhancing community resources.
This information is meant to be a general summary of Electrical Workers Local 3 Realty 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 2023.
- Program Service Revenue: $338,877
- Gross Receipts: $339,553
Assets and Liabilities:
- Total Assets: $884,038
- Total Liabilities: $4,549
- Net Assets: $879,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$338,877
Organization Details
Founding Year
1958
Principal Officer
Thomas J Cleary
NTEE Category
Code: S47 - Community improvement
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