Overview
What is Local 96 Ibew Building Corporation?
Local 96 Ibew Building Corporation is a nonprofit organization situated in Worcester, Massachusetts. Its primary mission is to manage and hold title to real property located in the same city, specifically for the benefit of its affiliated organization, Local 96 of the International Brotherhood of Electrical Workers. This action enables the related organization to utilize the property for its operations and initiatives. The corporation serves as a vital asset to Local 96, supporting their activities and contributing to their overall operations.
Is Local 96 Ibew Building Corporation legitimate?
Local 96 Ibew Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 96 Ibew 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
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What is the mission statement of Local 96 Ibew Building Corporation?
Local 96 IBEW Building Corporation's primary purpose is to manage the ownership of real property. This role is carried out for the benefit of its affiliated organization, Local 96 of the International Brotherhood of Electrical Workers, based in Worcester, MA. The corporation's main objective is to hold title to this property, providing resources and support to its related organization. The corporation does not have a mission statement that outlines advocacy, research, or community outreach initiatives, like some other organizations might. Instead, its focus is on property management and support for its affiliated union.
Who is the CEO of Local 96 Ibew Building Corporation?
Thomas Maloney is the Executive Board of Local 96 Ibew Building Corporation.
What is the revenue of Local 96 Ibew Building Corporation?
Local 96 Ibew Building Corporation's revenue in 2022 was $43,931.
Who are the executives of Local 96 Ibew Building Corporation and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $117,355
- Other: $61,130
- Compensation: $0
- Related: $106,582
- Other: $49,180
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- Related: $1,537
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- Compensation: $0
- Related: $1,537
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Local 96 Ibew Building Corporation?
Local 96 Ibew Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 96 Ibew Building Corporation
Local 96 IBEW Building Corporation's primary mission is to serve a supportive role for its affiliated organization, Local 96 of the International Brotherhood of Electrical Workers. This is achieved by holding title to real property, specifically located in Worcester, Massachusetts. By doing so, the corporation provides a beneficial resource to its related organization, thereby contributing to its operations and objectives.
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Impact
October, 2024
Local 96 IBEW Building Corporation plays a significant role in supporting the Local #96 of the International Brotherhood of Electrical Workers by holding title to real property in Worcester, MA. This strategic holding facilitates a central hub for union activities, enhancing community connections and resources for electrical workers. By providing a dedicated space, the corporation enables training, meetings, and events that foster professional development and solidarity among members. Furthermore, the presence of Local 96 strengthens the labor movement within the region, contributing to the ongoing improvement of community welfare and economic stability. The organization thus serves as a catalyst for both professional growth and community enhancement, reinforcing the importance of collective action in the electrical trade.
This information is meant to be a general summary of Local 96 Ibew 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1
- Gross Receipts: $148,428
Assets and Liabilities:
- Total Assets: $1,861,210
- Total Liabilities: $287,853
- Net Assets: $1,573,357
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Organization Details
Founding Year
2006
Phone
(508) 753-8635Principal Officer
Thomas Maloney
Main Address
242 MILL STREET, WORCESTER, MA, 01608
NTEE Category
Code: S47 - Community improvement
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