Teamsters Local 743 Building Corp

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

EIN: 200272964 ✦ Chicago, IL ✦ Designated as a 501(c)(2)

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Overview

What is Teamsters Local 743 Building Corp?

Teamsters Local 743 Building Corp is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to manage and hold title to real property, specifically for the exclusive use of union officers and members, to facilitate the conduct of their collective activities. This entity serves as a vital resource for the union, enabling them to carry out their operations more efficiently and effectively in their designated space.


Official website here: www.teamsterslocal743.com

Is Teamsters Local 743 Building Corp legitimate?

Teamsters Local 743 Building Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Teamsters Local 743 Building 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

For more financial information, click here


Official website here: www.teamsterslocal743.com

What is the mission statement of Teamsters Local 743 Building Corp?

Teamsters Local 743 Building Corp's primary role is to manage real estate property solely for the purpose of conducting union business. This organization holds title to property that is exclusively utilized by union officers and members. The mission of Teamsters Local 743 Building Corp is to provide a suitable space for union activities, enabling union officials and members to carry out their duties effectively. By doing so, the corporation facilitates the smooth operation of union affairs and supports the broader union community.


Official website here: www.teamsterslocal743.com

Who is the CEO of Teamsters Local 743 Building Corp?

Debra Simmons-Peterson is the President of Teamsters Local 743 Building Corp.


Official website here: www.teamsterslocal743.com

What is the revenue of Teamsters Local 743 Building Corp?

Teamsters Local 743 Building Corp's revenue in 2022 was $48,000.


Official website here: www.teamsterslocal743.com

Who are the executives of Teamsters Local 743 Building Corp and what are their salaries?


Here are 7 key members and their salaries:


Debra Simmons-Peterson (President)
  • Compensation: $0
  • Related: $203,222
  • Other: $36,132
James Thomas (Secretary-Treasurer)
  • Compensation: $0
  • Related: $164,862
  • Other: $60,381
Christine Salamone (Vice President)
  • Compensation: $0
  • Related: $154,550
  • Other: $53,929
Kevin Sanders (Trustee)
  • Compensation: $0
  • Related: $147,239
  • Other: $67,371
Georgetta Davis (Trustee)
  • Compensation: $0
  • Related: $33,896
  • Other: $15,064
Jose Silva (Trustee)
  • Compensation: $0
  • Related: $143,572
  • Other: $53,833
Julita Barrios (Recording Secretary)
  • Compensation: $0
  • Related: $153,063
  • Other: $40,824


Official website here: www.teamsterslocal743.com

Where can I find the form 990 for Teamsters Local 743 Building Corp?

Teamsters Local 743 Building Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamsterslocal743.com

Learn more at the official website: www.teamsterslocal743.com

Mission Statement of Teamsters Local 743 Building Corp

Teamsters Local 743 Building Corp is a nonprofit organization that serves a unique purpose. Its primary mission is to hold the title to real property, which is exclusively used by union officers and members for conducting their union business. This entity plays a crucial role in facilitating the union activities, providing a dedicated space for union officials and members to carry out their collective duties. The corporation's role in securing property for union-related activities is significant in ensuring the smooth operation of union affairs.

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Impact




October, 2024

Teamsters Local 743 Building Corp plays a vital role in strengthening the infrastructure and resources available to union officers and members in Chicago, IL. By holding title to real property dedicated exclusively to union activities, it facilitates an organized and effective space for conducting essential union business. This access to designated facilities enhances communication and collaboration among members, promoting a sense of community and solidarity.

The organization not only serves immediate logistical needs but also contributes to long-term stability within the labor movement. By ensuring that union officers have the resources necessary to advocate for workers' rights and interests, Teamsters Local 743 Building Corp directly impacts the capacity of the union to negotiate better wages, working conditions, and benefits for its members. This ultimately fosters a stronger labor community, benefiting not just the union members themselves but also contributing to broader community improvement efforts in the region.




This information is meant to be a general summary of Teamsters Local 743 Building 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.

Revenue
$48,000 (2022)
Expenses
$59,683 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $48,000
  • Gross Receipts: $48,000

Assets and Liabilities:

  • Total Assets: $599,580
  • Total Liabilities: $368,366
  • Net Assets: $231,214

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Programs

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

RENTAL INCOME

Revenue

$48,000

Organization Details

Founding Year

2003

Principal Officer

Debra Simmons-Peterson

Main Address

4620 S TRIPP, CHICAGO, IL, 60632

NTEE Category

Code: S47 - Community improvement

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