Overview
What is Apwu Local 10 Building Corporation?
Apwu Local 10 Building Corporation is a nonprofit entity established as a nominee for the union, with a significant role in holding title to real estate. Situated in New York City, the organization serves as the sole shareholder of the property in question. The corporation's primary purpose is directly linked to the union, supporting its operations and objectives through its property ownership. With a modest workforce of three employees, Apwu Local 10 Building Corporation plays a crucial role in the union's broader mission.
Is Apwu Local 10 Building Corporation legitimate?
Apwu Local 10 Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Apwu Local 10 Building Corporation 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: $187,307
For more financial information, click here
What is the mission statement of Apwu Local 10 Building Corporation?
The Apwu Local 10 Building Corporation serves as a nominee for its affiliated union, with the union holding the sole ownership of the corporation's real estate. The primary role of this corporation, as outlined in its mission, is to maintain its status as a nominee for the union, with the union acting as the sole shareholder. This arrangement allows the union to have a stake in the corporation's property, providing it with a tangible asset. The specific activities or objectives beyond this nominal role are not explicitly stated in the provided information.
What is the revenue of Apwu Local 10 Building Corporation?
Apwu Local 10 Building Corporation's revenue in 2024 was $2,013,087.
Who are the executives of Apwu Local 10 Building Corporation and what are their salaries?
The average compensation at Apwu Local 10 Building Corporation during 2024 was $62,436. There are 3 employees at Apwu Local 10 Building Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $139,974
- Other: $35,486
- Compensation: $0
- Related: $112,217
- Other: $39,578
- Compensation: $0
- Related: $105,096
- Other: $32,067
- Compensation: $0
- Related: $105,879
- Other: $37,644
Where can I find the form 990 for Apwu Local 10 Building Corporation?
Apwu Local 10 Building Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Apwu Local 10 Building Corporation
Apwu Local 10 Building Corporation, as a nominee for the union, holds title to real estate. In this capacity, the union serves as the sole shareholder of the corporation. This structural arrangement underscores the corporation's mission, which is deeply rooted in its role as a nominee for the union. The corporation's primary function is to manage the real estate assets in its possession, with the union as its sole owner. This arrangement allows the union to leverage the corporation's real estate holdings to further its own objectives and interests. The corporation's mission, therefore, can be seen as a means of supporting the union's broader objectives and goals.
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Impact
October, 2024
Apwu Local 10 Building Corporation plays a crucial role in supporting the activities of the union by holding title to real estate, thereby providing a stable foundation for union operations. By acting as a nominee for the union, it ensures that resources are effectively managed and utilized for the benefit of union members. This structure enhances the union's ability to focus on community improvement initiatives and strengthens its presence in New York. As the sole shareholder, the union retains full control and direction over the corporation’s assets, fostering an environment where union goals can be pursued efficiently. Through this framework, Apwu Local 10 Building Corporation not only safeguards valuable real estate but also contributes to the overall mission of enhancing the community and supporting the needs of its members.
This information is meant to be a general summary of Apwu Local 10 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 2024.
- Investment Income: $2,696
- Program Service Revenue: $2,007,582
- Gross Receipts: $2,013,087
Assets and Liabilities:
- Total Assets: $8,633,097
- Total Liabilities: $4,361,437
- Net Assets: $4,271,660
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,007,582
Organization Details
Founding Year
1994
Principal Officer
Jonathan Smith
NTEE Category
Code: S47 - Community improvement
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