Overview
What is Ibew Local 343 Building Corporation?
IBEW Local 343 Building Corporation is a nonprofit organization focused on managing properties that serve as the office and meeting spaces for its union members. Specifically, it operates as a building corporation, ensuring the title ownership of these essential facilities. The corporation's main objective is to provide a conducive environment for Local union members to carry out their activities, fostering a sense of community and shared purpose within the organization.
Is Ibew Local 343 Building Corporation legitimate?
Ibew Local 343 Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ibew Local 343 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 Ibew Local 343 Building Corporation?
The IBEW Local 343 Building Corporation serves as a building corporation, with its primary mission being to hold title to properties that offer office space and meeting rooms exclusively for its local union members. Its purpose is to provide these essential facilities, thereby contributing to the organization and activities of the local union. The corporation does not engage in any additional activities beyond this primary role.
What is the revenue of Ibew Local 343 Building Corporation?
Ibew Local 343 Building Corporation's revenue in 2024 was $172,726.
Who are the executives of Ibew Local 343 Building Corporation and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $10,362
- Other: $3,730
- Compensation: $0
- Related: $1,628
- Other: $416
- Compensation: $0
- Related: $9,204
- Other: $3,638
- Compensation: $0
- Related: $4,902
- Other: $1,819
- Compensation: $0
- Related: $5,607
- Other: $2,081
- Compensation: $0
- Related: $4,077
- Other: $1,121
- Compensation: $0
- Related: $6,128
- Other: $2,081
- Compensation: $0
- Related: $5,607
- Other: $2,081
- Compensation: $0
- Related: $5,607
- Other: $1,889
- Compensation: $0
- Related: $124,020
- Other: $46,636
- Compensation: $0
- Related: $0
- Other: $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 Ibew Local 343 Building Corporation?
Ibew Local 343 Building Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ibew Local 343 Building Corporation
IBEW Local 343 Building Corporation serves as a building corporation, with a distinct mission. Its primary objective is to hold title to properties that cater to the needs of the local union members. These properties offer essential amenities such as office spaces and meeting rooms, providing a conducive environment for the union members to conduct their activities. By organizing in this manner, IBEW Local 343 Building Corporation ensures that its union members have a dedicated space for their meetings and operations, fostering a sense of community and unity within the organization.
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Impact
October, 2024
IBEW Local 343 Building Corporation has a significant impact on the community by providing essential facilities for union members. By owning and maintaining the office spaces and meeting rooms, the corporation fosters a supportive environment for union activities, promoting collaboration and communication among members. These spaces serve as vital hubs for organizing, training, and conducting important discussions that shape the union's direction and initiatives.
Located in Rochester, MN, the building corporation plays a key role in enhancing the accessibility of resources and information for union members. This facilitates professional development opportunities and strengthens the local labor movement. Through its focus on creating and sustaining a dedicated space for IBEW Local 343, the organization contributes to the empowerment and cohesion of its members, ultimately benefiting the broader community as well.
This information is meant to be a general summary of Ibew Local 343 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 2024.
- Investment Income: $143
- Program Service Revenue: $172,583
- Gross Receipts: $172,726
Assets and Liabilities:
- Total Assets: $1,672,843
- Total Liabilities: $0
- Net Assets: $1,672,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$172,583
Organization Details
Founding Year
2005
Principal Officer
Jesse Lee
NTEE Category
Code: Z99 - Unknown
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