Rochester Electrical Workers' Building Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161038943 ✦ Rochester, NY ✦ Designated as a 501(c)(2)

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Overview

What is Rochester Electrical Workers' Building Corporation?

Rochester Electrical Workers' Building Corporation is a nonprofit organization, granted tax-exempt status, with a primary mission to purchase, renovate, and maintain a building on East River Road, Rochester, New York (14623). This building serves as a headquarters for International Brotherhood of Electrical Workers' Local Union No. 86 and related tax-exempt union funds. The corporation's purpose is to support the electrical workers' union and its affiliated funds by providing them with a suitable place of operation.

Is Rochester Electrical Workers' Building Corporation legitimate?

Rochester Electrical Workers' Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rochester Electrical Workers' 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: $0

For more financial information, click here

What is the mission statement of Rochester Electrical Workers' Building Corporation?

The Rochester Electrical Workers' Building Corporation was granted tax-exempt status to purchase, renovate, and hold title to a building. This is primarily intended for the International Brotherhood of Electrical Workers' Local Union No. 86 and related tax-exempt union funds of IBEW Local 86. The organization's primary objective is to provide a suitable space for these entities, thereby supporting their operations and activities. The corporation does not have a mission statement that outlines broader societal goals or objectives beyond this specific purpose.

Who is the CEO of Rochester Electrical Workers' Building Corporation?

Raymond A Ryerse Jr is the Vice President Until 8/222 of Rochester Electrical Workers' Building Corporation.

What is the revenue of Rochester Electrical Workers' Building Corporation?

Rochester Electrical Workers' Building Corporation's revenue in 2022 was $350,812.

Who are the executives of Rochester Electrical Workers' Building Corporation and what are their salaries?


Here are 20 key members and their salaries:


Michael V Wehner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David P Hartman (Treasurer As Of 8/22)
  • Compensation: $0
  • Related: $2,675
  • Other: $0
Todd M Krenzer (Financial Secretary As Of 8/22)
  • Compensation: $0
  • Related: $36,000
  • Other: $16,978
Brian Mitchell (Executive Board Chair)
  • Compensation: $0
  • Related: $814
  • Other: $0
John E Smyth Jr (President Until 8/22)
  • Compensation: $0
  • Related: $2,902
  • Other: $0
Todd M Krenzer (Executive Board Until 8/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wehner (Executive Board Chair Until 8/22)
  • Compensation: $0
  • Related: $2,748
  • Other: $0
Michael T Conover (Financial Secretary Until 8/22)
  • Compensation: $0
  • Related: $34,200
  • Other: $15,966
Timothy M Longbine (Executive Board Until 8/22)
  • Compensation: $0
  • Related: $2,976
  • Other: $0
Brian Mitchell (Treasurer Until 8/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond A Ryerse Jr (Vice President Until 8/222)
  • Compensation: $0
  • Related: $1,560
  • Other: $0
Timothy M Longbine (President As Of 8/22)
  • Compensation: $0
  • Related: $36,000
  • Other: $16,978
Raymond A Ryerse Jr (Business Manager As Of 8/22)
  • Compensation: $0
  • Related: $80,325
  • Other: $47,136
Jeffery A Porcelli (Recording Secretary As Of 8/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Gibbardo (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
James N Landry (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua R Miller (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Bader (Business Manager Until 8/22)
  • Compensation: $0
  • Related: $68,216
  • Other: $45,049
Manual L Hernandez Jr (Executive Board Until 8/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Nau (Recording Secretary Until 8/22)
  • Compensation: $0
  • Related: $626
  • Other: $0
Where can I find the form 990 for Rochester Electrical Workers' Building Corporation?

Rochester Electrical Workers' Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rochester Electrical Workers' Building Corporation

The Rochester Electrical Workers' Building Corporation, a nonprofit organization, was granted tax-exempt status to carry out a specific mission. This mission involves purchasing, renovating, and holding title to a building for the International Brotherhood of Electrical Workers' Local Union No. 86 and related tax-exempt union funds of IBEW Local 86. This initiative serves to provide a suitable space for the union and its related funds, ensuring their operational needs are met within a tax-exempt framework. The corporation's role is essential in facilitating the union's activities, thereby contributing to the electrical workers' community in a significant way.

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Impact




October, 2024

Rochester Electrical Workers' Building Corporation plays a crucial role in the enhancement of community infrastructure and support for the local workforce. By acquiring, renovating, and maintaining a dedicated space for the International Brotherhood of Electrical Workers' Local Union No. 86, the organization facilitates a central hub for training, meetings, and various union activities. This not only strengthens the camaraderie among electrical workers but also ensures the provision of essential services and resources that empower the union members.

The building serves as a vital resource for promoting education and skill development within the electrical trade, enhancing the professional capabilities of the workforce in Rochester. Additionally, the presence of such a facility contributes to community improvement by fostering economic stability and growth through organized labor. Through these efforts, the Rochester Electrical Workers' Building Corporation significantly impacts both the local labor community and the broader Rochester area by advocating for workers' rights and providing essential support for their ongoing needs.




This information is meant to be a general summary of Rochester Electrical Workers' 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.

Revenue
$350,812 (2022)
Expenses
$100,222 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Program Service Revenue: $100,807
  • Gross Receipts: $350,812

Assets and Liabilities:

  • Total Assets: $769,068
  • Total Liabilities: $21,570
  • Net Assets: $747,498

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REIMBURSEMENT FOR EXPE

Revenue

$65,926

RENTAL INCOME

Revenue

$34,881

Organization Details

Founding Year

1973

Principal Officer

Raymond A Ryerse Jr

Main Address

2300 EAST RIVER ROAD, ROCHESTER, NY, 14623

NTEE Category

Code: S47 - Community improvement

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