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Local 777 Jatc Realty Inc

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

EIN: 205921776 ✦ Meriden, CT ✦ Designated as a 501(c)(2)

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Overview

What is Local 777 Jatc Realty Inc?

Local 777 Jatc Realty Inc is a holding company situated in Meriden, Connecticut, with an address at 450 Murdock Avenue. Its primary role is to manage the legal title of real estate properties, specifically those that serve as administrative offices and training facilities for the Connecticut Plumbers & Pipefitters Apprenticeship School & Training Fund. The company's primary function is to ensure the smooth operation of the school by overseeing the payment of mortgage-related expenses for the property.

Is Local 777 Jatc Realty Inc legitimate?

Local 777 Jatc Realty Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 777 Jatc Realty Inc 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 Local 777 Jatc Realty Inc?

Local 777 Jatc Realty Inc serves as a holding company, specifically for the CT Plumbers & Pipefitters Apprenticeship School and Training Fund. Its primary mission is to maintain legal ownership of the real estate that houses the school's administrative offices and training facilities. The company's purpose is to hold the title to the real property belonging to the CT Plumbers & Pipefitters Apprenticeship School & Training Fund, and utilize the related income to pay off the mortgage principal and interest. In essence, Local 777 Jatc Realty Inc is responsible for managing the property-related aspects of the training fund, ensuring the continuity of the school's operations.

Who is the CEO of Local 777 Jatc Realty Inc?

Robert Berkmoes is the Co-Chairman of Local 777 Jatc Realty Inc.

What is the revenue of Local 777 Jatc Realty Inc?

Local 777 Jatc Realty Inc's revenue in 2022 was $82.

Who are the executives of Local 777 Jatc Realty Inc and what are their salaries?


Here are 10 key members and their salaries:


Michael Rosario (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Higgins Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Camillucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Alfieri (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jay More (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Grigas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Deko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Berkmoes (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 777 Jatc Realty Inc?

Local 777 Jatc Realty Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 777 Jatc Realty Inc

Local 777 Jatc Realty Inc serves as a holding company, with a primary mission to safeguard the legal title to real estate that houses the administrative offices and training facilities of the Connecticut Plumbers & Pipefitters Apprenticeship School & Training Fund. This organization's role is crucial, as it enables the school to utilize the related income generated from the property to cover mortgage principal and interest payments. Essentially, Local 777 Jatc Realty Inc acts as a financial steward, ensuring the sustainability of the apprenticeship school's physical infrastructure, thereby supporting the continuous development and education of plumbers and pipefitters in the community.

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Impact




October, 2024

Local 777 Jatc Realty Inc plays a crucial role in supporting the Connecticut Plumbers & Pipefitters Apprenticeship School and Training Fund by holding the title to the real estate used for training and administrative purposes. By managing this property, the organization ensures that the training facilities are maintained and operated effectively, directly benefiting the next generation of skilled workers in the plumbing and pipefitting trades.

Moreover, the net income derived from the property's use is allocated to the payment of mortgage principal and interest, which enhances financial stability and supports ongoing educational initiatives. This structure not only secures the physical resources necessary for training but also reinforces the importance of skilled labor in the community. As a result, Local 777 Jatc Realty Inc is instrumental in fostering community improvement through workforce development, ensuring that the region has well-trained professionals ready to meet industry demands.




This information is meant to be a general summary of Local 777 Jatc Realty Inc. 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
$82 (2022)
Expenses
$384,002 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $82
  • Gross Receipts: $82

Assets and Liabilities:

  • Total Assets: $8,456,865
  • Total Liabilities: $9,308,381
  • Net Assets: -$851,516

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Organization Details

Founding Year

2007

Principal Officer

Robert Berkmoes

Main Address

450 MURDOCK AVENUE, MERIDEN, CT, 06450

NTEE Category

Code: S47 - Community improvement

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