Overview
What is Stone Castle Realty Inc C/O Teamsters Local 445?
Stone Castle Realty Inc C/O Teamsters Local 445 serves as a holding corporation for a building that is occupied by a labor union and tax-exempt ERISA benefit plans. This organization, based in Rock Tavern, New York, primarily holds title to a property that is utilized by a labor union and ERISA-compliant benefit programs. Although its primary function is title holding, it plays a crucial role in facilitating the use of this property by these entities.
Is Stone Castle Realty Inc C/O Teamsters Local 445 legitimate?
Stone Castle Realty Inc C/O Teamsters Local 445 is a legitimate nonprofit organization registered as a 501(c)(2) entity. Stone Castle Realty Inc C/O Teamsters Local 445 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: $3,155
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What is the mission statement of Stone Castle Realty Inc C/O Teamsters Local 445?
Stone Castle Realty Inc, functioning under the oversight of Teamsters Local 445, operates as a holding corporation. Its primary role is to manage a building that is occupied by a labor union and tax-exempt ERISA benefits plans. The corporation's main objective is to ensure the efficient and effective management of these entities, serving as a financial and organizational umbrella. By doing so, Stone Castle Realty Inc C/O Teamsters Local 445 contributes to the smooth operation of the labor union and the benefits plans, thereby supporting the needs and interests of the respective members.
Who is the CEO of Stone Castle Realty Inc C/O Teamsters Local 445?
Daniel Maldonado is the Vice President of Stone Castle Realty Inc C/O Teamsters Local 445.
What is the revenue of Stone Castle Realty Inc C/O Teamsters Local 445?
Stone Castle Realty Inc C/O Teamsters Local 445's revenue in 2022 was $119,853.
Who are the executives of Stone Castle Realty Inc C/O Teamsters Local 445 and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $99,284
- Other: $38,930
- Compensation: $0
- Related: $111,308
- Other: $38,930
Where can I find the form 990 for Stone Castle Realty Inc C/O Teamsters Local 445?
Stone Castle Realty Inc C/O Teamsters Local 445's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stone Castle Realty Inc C/O Teamsters Local 445
Stone Castle Realty Inc C/O Teamsters Local 445 serves as a holding corporation, playing a unique role in managing a building that is occupied by a labor union and tax-exempt ERISA benefits plans. In essence, its mission is to maintain and oversee this property, ensuring it serves as a suitable home for both the labor union and the ERISA benefits plans. By doing so, Stone Castle Realty Inc C/O Teamsters Local 445 contributes to the continuation of these entities' operations, providing them with a stable and functional space to carry out their respective activities. This role is crucial in supporting the operations of the labor union and the ERISA benefits plans, enabling them to focus on their respective missions without the added burden of property management.
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Impact
October, 2024
Stone Castle Realty Inc C/O Teamsters Local 445 plays a significant role in supporting the infrastructure of labor unions and pension benefit plans. By serving as a holding corporation for a building occupied by a labor union, it provides essential stability and security for the workers and retirees who rely on the union's services. This arrangement fosters a collaborative environment where union activities can thrive, furthering the mission of advocating for workers' rights and benefits.
Additionally, by managing a property that houses tax-exempt ERISA benefit plans, Stone Castle Realty contributes to the financial security of union members, ensuring that they have access to vital benefits. This enhances the overall quality of life for those involved, reinforcing the community's fabric through improved economic conditions and greater advocacy for workers' interests. Thus, the impact of Stone Castle Realty extends beyond property management to significant contributions in community improvement and labor support.
This information is meant to be a general summary of Stone Castle Realty Inc C/O Teamsters Local 445. 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.
- Program Service Revenue: $119,853
- Gross Receipts: $119,853
Assets and Liabilities:
- Total Assets: $282,347
- Total Liabilities: $119,600
- Net Assets: $162,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$119,853
Organization Details
Founding Year
1975
Phone
(845) 564-5297Principal Officer
Daniel Maldonado
Main Address
15 STONE CASTLE ROAD, ROCK TAVERN, NY, 12575
NTEE Category
Code: S47 - Community improvement
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