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Plumbers Fifty-Five Realty Corp

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

EIN: 203819611 ✦ Brooklyn heights, OH ✦ Designated as a 501(c)(2)

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Overview

What is Plumbers Fifty-Five Realty Corp?

Plumbers Fifty-Five Realty Corp is a real estate holding company, serving as a foundation for Journeymen Plumbers Union Local #55, a part of the United Association of Plumbers and Pipefitters. Located at 980 Keynote Circle, Brooklyn Heights, Ohio, this organization primarily focuses on managing commercial properties. The company's primary mission is to support the plumbers' union, ensuring their needs are met in terms of real estate requirements. This organization contributes to the Union's operations, playing a vital role in their commercial property management.

Is Plumbers Fifty-Five Realty Corp legitimate?

Plumbers Fifty-Five Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Plumbers Fifty-Five Realty 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

What is the mission statement of Plumbers Fifty-Five Realty Corp?

Plumbers Fifty-Five Realty Corp serves as a real estate holding company for Journeymen Plumbers Union Local #55, which is part of the United Association of Plumbers and Pipefitters. Its mission is primarily focused on providing real estate support to this union, without providing specific details about the nature or goals of this support. The company is known for holding a commercial building used by an exempt organization, as indicated by its status. However, the information provided does not reveal the objectives or activities of this exempt organization.

Who is the CEO of Plumbers Fifty-Five Realty Corp?

Mike Redlin is the Partial Year President of Plumbers Fifty-Five Realty Corp.

What is the revenue of Plumbers Fifty-Five Realty Corp?

Plumbers Fifty-Five Realty Corp's revenue in 2022 was $236,859.

Who are the executives of Plumbers Fifty-Five Realty Corp and what are their salaries?

There 4 volunteers at Plumbers Fifty-Five Realty Corp.


Here are 6 key members and their salaries:


Mike Redlin (Partial Year President)
  • Compensation: $0
  • Related: $6,431
  • Other: $0
Doreen Cannon (Partial Year President)
  • Compensation: $0
  • Related: $2,812
  • Other: $0
Harry Karr (Partial Year Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Osmic (Partial Year Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Schultz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Thaxton (Partial Year Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plumbers Fifty-Five Realty Corp?

Plumbers Fifty-Five Realty Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Plumbers Fifty-Five Realty Corp

Plumbers Fifty-Five Realty Corp serves as a real estate holding company for Journeymen Plumbers Union Local #55, an affiliate of the United Association Plumbers and Pipefitters. Its primary mission is to support this union, providing them with a commercial building for their operations. By acting as a real estate entity, Plumbers Fifty-Five Realty Corp contributes to the ongoing activities of the Journeymen Plumbers Union Local #55, ensuring they have the necessary space to carry out their operations effectively. This partnership between the realty corporation and the union allows for the smooth functioning of the plumbing industry, ultimately benefiting the community at large.

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Impact




October, 2024

Plumbers Fifty-Five Realty Corp plays a significant role in enhancing community infrastructure by managing and maintaining a commercial building utilized by the Journeymen Plumbers Union Local #55. Located in Brooklyn Heights, Ohio, this organization provides a space that supports the activities of a skilled workforce dedicated to plumbing and pipefitting.

By serving as a real estate holding company, Plumbers Fifty-Five Realty Corp ensures the operational functionality of the building at 980 Keynote Circle, which is essential for training, education, and union meetings. This contributes to the professional development of union members, strengthening their skills and enhancing overall workforce competency in the plumbing industry.

Additionally, the presence of this facility fosters community improvement by promoting trade skills, supporting local employment opportunities, and encouraging collaboration among industry professionals. The impact extends beyond the union itself, as it contributes to the economic stability and growth of the surrounding area through job creation and community engagement initiatives.




This information is meant to be a general summary of Plumbers Fifty-Five Realty 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
$236,859 (2022)
Expenses
$270,696 (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: $236,859
  • Gross Receipts: $236,859

Assets and Liabilities:

  • Total Assets: $1,964,295
  • Total Liabilities: $395,121
  • Net Assets: $1,569,174

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Programs

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

RENTS

Revenue

$157,280

BUILDING FUND ASSESSME

Revenue

$79,579

Organization Details

Founding Year

1957

Principal Officer

Mike Redlin

Main Address

980 KEYNOTE CIRCLE, BROOKLYN HEIGHTS, OH, 44131

NTEE Category

Code: S47 - Community improvement

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