Overview
What is Local Union 1340 Building Corp?
Local Union 1340 Building Corp is a nonprofit organization situated in Newport News, Virginia. Their primary objective is to support the members of Local Union 1340, a local electrical union, by providing them with essential services and benefits. To achieve this, they recently acquired a building, which will serve as a source of income for the organization. The income generated from this building will be utilized to enhance the welfare of the union members. The mission of Local Union 1340 Building Corp remains steadfast in providing support and benefits to its affiliated union, ensuring the well-being and prosperity of its members.
Is Local Union 1340 Building Corp legitimate?
Local Union 1340 Building Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local Union 1340 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
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What is the mission statement of Local Union 1340 Building Corp?
The Local Union 1340 Building Corp is committed to providing services and benefits to its members who belong to the local electrical union. This organization has acquired a building, which serves as a source of income, with the primary purpose of supporting its union members. The mission of Local Union 1340 Building Corp is to ensure the well-being and advancement of its members by offering them various amenities and advantages. By offering these resources, the corporation aims to enhance the quality of life for its members and strengthen the local electrical union community.
Who is the CEO of Local Union 1340 Building Corp?
Jeffrey Rowe is the Secretary of Local Union 1340 Building Corp.
What is the revenue of Local Union 1340 Building Corp?
Local Union 1340 Building Corp's revenue in 2022 was -$9,073.
Who are the executives of Local Union 1340 Building Corp and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $95,607
- Other: $29,959
- Compensation: $0
- Related: $87,227
- Other: $29,959
- Compensation: $0
- Related: $1,628
- Other: $0
- Compensation: $0
- Related: $1,236
- Other: $0
- Compensation: $0
- Related: $451
- Other: $0
- Compensation: $0
- Related: $340
- Other: $0
- Compensation: $0
- Related: $300
- Other: $0
- Compensation: $0
- Related: $276
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local Union 1340 Building Corp?
Local Union 1340 Building Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local Union 1340 Building Corp
Local Union 1340 Building Corp is committed to serving its membership within the Local Electrical Union. Its primary mission is to offer various services and benefits to its members. The organization achieves this by purchasing a building, which serves as a source of income, ultimately supporting the members of Local Union 1340. By providing these resources, Local Union 1340 Building Corp aims to contribute positively to the lives of its members, ensuring they have the necessary support and benefits.
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Impact
October, 2024
Local Union 1340 Building Corp significantly impacts its community by providing essential services and benefits to the members of the local electrical union. By purchasing a building, the organization creates a sustainable source of income that directly supports its members. This initiative not only enhances the financial stability of the union, but also fosters a sense of community among members, allowing them to access resources that contribute to their professional development and overall well-being. Operating in Newport News, VA, the organization plays a crucial role in improving the lives of union members and strengthening the local workforce.
This information is meant to be a general summary of Local Union 1340 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$5,414
- Gross Receipts: $36,640
Assets and Liabilities:
- Total Assets: $395,933
- Total Liabilities: $469,079
- Net Assets: -$73,146
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Organization Details
Founding Year
2006
Phone
(757) 875-1340Principal Officer
Jeffrey Rowe
Main Address
552 INDUSTRIAL PARK DRIVE, NEWPORT NEWS, VA, 23608
NTEE Category
Code: S47 - Community improvement
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