Overview
What is Teamsters Local 688 Real Estate Company?
Teamsters Local 688 Real Estate Company is a nonprofit organization situated in Woodson Terrace, Missouri. Its primary purpose is to provide various accommodations for the members of Teamsters Local 688. To achieve this goal, the company exclusively acquires and holds title to real property. The income generated from these properties is then collected and, after deducting expenses, is entirely remitted to Teamsters Local Union No. 688. This arrangement allows the union to benefit financially from the real estate activities managed by the company.
Is Teamsters Local 688 Real Estate Company legitimate?
Teamsters Local 688 Real Estate Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Teamsters Local 688 Real Estate Company 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 Teamsters Local 688 Real Estate Company?
The Teamsters Local 688 Real Estate Company's primary purpose is to exclusively acquire and hold title to real property. Their main objective is to collect income generated from these properties and subsequently, remit the entire income, after deducting expenses, to Teamsters Local Union No. 688. Essentially, the company's role is to manage real estate properties for the benefit of Teamsters Local Union No. 688.
Who is the CEO of Teamsters Local 688 Real Estate Company?
James Stuckel is the Rec Sec & Treas of Teamsters Local 688 Real Estate Company. The CEO's salary of Teamsters Local 688 Real Estate Company is $0 and their total compensation is $0.
What is the revenue of Teamsters Local 688 Real Estate Company?
Teamsters Local 688 Real Estate Company's revenue in 2022 was $129,103.
Who are the executives of Teamsters Local 688 Real Estate Company and what are their salaries?
Here are 4 key members and their salaries (Teamsters Local 688 Real Estate Company's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Teamsters Local 688 Real Estate Company?
Teamsters Local 688 Real Estate Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters Local 688 Real Estate Company
Teamsters Local 688 Real Estate Company's mission is centered around the exclusive acquisition and ownership of real property. This organization's primary objective is to generate income from these properties and subsequently transfer the entire earnings, after deducting expenses, to Teamster Local Union No. 688. In essence, the company serves as a financial intermediary, channeling the income generated from its real estate holdings back to the union. This mission demonstrates a commitment to financially supporting the activities and needs of Teamster Local Union No. 688. By exclusively focusing on real estate acquisitions, Teamsters Local 688 Real Estate Company provides a steady stream of income, thus contributing to the overall welfare of the union.
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Impact
October, 2024
Teamsters Local 688 Real Estate Company plays a crucial role in supporting the Teamsters Local Union No. 688 by acquiring and managing real estate properties. Through its activities of holding and renting properties, the organization generates income that is directly funneled back to the union, benefiting its members.
Located in Woodson Terrace, Missouri, the company ensures that the facilities serve the needs of Local 688 members, providing them with essential accommodations. This strategic focus on real estate not only enhances the community by maintaining and improving local properties but also strengthens the financial foundation of the union. Ultimately, Teamsters Local 688 Real Estate Company fosters community improvement by investing in real property and creating a sustainable income stream for the benefit of its members.
This information is meant to be a general summary of Teamsters Local 688 Real Estate Company. 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 2022.
- Gross Receipts: $505,785
Assets and Liabilities:
- Total Assets: $1,386,118
- Total Liabilities: $1,012,789
- Net Assets: $373,329
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Organization Details
Founding Year
2006
Phone
(314) 513-5800Principal Officer
James Stuckel
Main Address
4349 WOODSON ROAD, WOODSON TERRACE, MO, 63134
NTEE Category
Code: S47 - Community improvement
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