Overview
What is Labor Temple Association Inc?
Labor Temple Association Inc, situated in Albany, New York, serves as a title holding organization. Its primary function is to rent office space to various nonprofit organizations, providing them with a suitable environment to carry out their charitable activities. This association is dedicated to supporting the nonprofit sector and plays a vital role in fostering their operations within the community.
Is Labor Temple Association Inc legitimate?
Labor Temple Association Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Labor Temple Association Inc 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 Labor Temple Association Inc?
The Labor Temple Association Inc, as a title holding organization, primarily focuses on renting office space to non-profit organizations. While it does not have a traditional mission statement as other organizations might, its role contributes to the operation and growth of various non-profit ventures by providing them with a suitable workspace. This indirectly supports the causes and initiatives these non-profits are committed to, thereby contributing to the broader community.
Who is the CEO of Labor Temple Association Inc?
Thomas Quackenbush is the President of Labor Temple Association Inc.
What is the revenue of Labor Temple Association Inc?
Labor Temple Association Inc's revenue in 2023 was $273,438.
Who are the executives of Labor Temple Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
Where can I find the form 990 for Labor Temple Association Inc?
Labor Temple Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Labor Temple Association Inc
Labor Temple Association Inc, as a title holding organization, provides a unique service by leasing office space to various non-profit organizations. Their mission, in essence, is to facilitate the operations of these non-profit entities by offering them a suitable workspace. This allows these organizations to focus on their respective missions, such as community development, social services, or advocacy, without the burden of finding and maintaining a physical location. By renting office space, Labor Temple Association Inc plays a crucial role in supporting the work of numerous non-profit organizations, thereby contributing to the betterment of the community at large.
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Impact
October, 2024
Labor Temple Association Inc significantly contributes to community improvement by providing affordable office space for not-for-profit organizations in Albany, NY. This initiative fosters collaboration among various nonprofits, enabling them to operate more effectively and efficiently. By offering a centralized location for these organizations, the association supports their missions, enhances their visibility, and facilitates community engagement. Furthermore, it plays a crucial role in strengthening the local nonprofit sector, ultimately leading to a more vibrant and interconnected community that addresses social needs and promotes positive change.
This information is meant to be a general summary of Labor Temple Association Inc. 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.
- Investment Income: $31,446
- Program Service Revenue: $241,992
- Gross Receipts: $273,438
Assets and Liabilities:
- Total Assets: $937,807
- Total Liabilities: $12,362
- Net Assets: $925,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$241,992
Organization Details
Founding Year
1920
Phone
(518) 489-5436Principal Officer
Thomas Quackenbush
Main Address
890 THIRD STREET, ALBANY, NY, 122061626
NTEE Category
Code: S47 - Community improvement
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