Local 464A Welfare And Pension Building Inc

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

EIN: 222144162 ✦ Little falls, NJ ✦ Designated as a 501(c)(2)

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Overview

What is Local 464A Welfare And Pension Building Inc?

Local 466A Welfare and Pension Building Inc. is a nonprofit organization that is entirely owned by the welfare and pension funds of Local 464A. Situated in Little Falls, New Jersey, at 245 Paterson Avenue, this entity primarily holds title to real property and rents out these buildings to a mix of related and unrelated tenants. With a modest workforce of six employees, the organization's primary mission is to manage and lease out its property portfolio, benefiting both associated and unaffiliated parties.


Official website here: www.ufcw464a.org

Is Local 464A Welfare And Pension Building Inc legitimate?

Local 464A Welfare And Pension Building Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 464A Welfare And Pension Building 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


Official website here: www.ufcw464a.org

What is the mission statement of Local 464A Welfare And Pension Building Inc?

Local 464A Welfare and Pension Building Inc. primarily functions as a property owner, holding title to real estate properties. It then leases these buildings to both affiliated and unrelated tenants. The organization's mission can be interpreted as maintaining ownership of properties that are inhabited by various related and unrelated entities. By doing so, it contributes to the rental market, providing space for various entities to operate. The company's activities revolve around managing these properties and ensuring a steady income stream through rentals.


Official website here: www.ufcw464a.org

Who is the CEO of Local 464A Welfare And Pension Building Inc?

John T Niccollai is the Trustee of Local 464A Welfare And Pension Building Inc.


Official website here: www.ufcw464a.org

What is the revenue of Local 464A Welfare And Pension Building Inc?

Local 464A Welfare And Pension Building Inc's revenue in 2022 was -$20,574.


Official website here: www.ufcw464a.org

Who are the executives of Local 464A Welfare And Pension Building Inc and what are their salaries?

There are 6 employees at Local 464A Welfare And Pension Building Inc.


Here are 8 key members and their salaries:


John T Niccollai (Trustee)
  • Compensation: $0
  • Related: $695,842
  • Other: $599
Richard Whalen (Trustee)
  • Compensation: $0
  • Related: $454,513
  • Other: $599
John Niccollai Iii (Trustee)
  • Compensation: $0
  • Related: $339,532
  • Other: $599
Rachel Caruso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Del Rosario (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Spinella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Durning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Piscitelli (Trustee)
  • Compensation: $0
  • Related: $161,400
  • Other: $599


Official website here: www.ufcw464a.org

Where can I find the form 990 for Local 464A Welfare And Pension Building Inc?

Local 464A Welfare And Pension Building Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ufcw464a.org

Learn more at the official website: www.ufcw464a.org

Mission Statement of Local 464A Welfare And Pension Building Inc

Local 464A Welfare and Pension Building Inc operates with a primary objective of holding title to real property. This mission extends to leasing these properties to a diverse array of tenants, both related and unrelated to Local 464A. In essence, the organization serves as a property custodian, ensuring that various entities have suitable spaces to conduct their operations. The buildings under Local 464A's control are not limited to housing solely affiliated funds but also cater to external tenants, thereby demonstrating a broad-based approach to property management.

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Impact




October, 2024

Local 464A Welfare And Pension Building Inc significantly contributes to the real estate landscape in Little Falls, NJ, by holding title to and managing various properties. The organization rents out these buildings to both related and unrelated tenants, fostering a diverse mix of occupants. This arrangement not only generates income for the welfare and pension funds of Local 464A but also enhances community engagement by providing space for various organizations and businesses.

The impact of Local 464A extends to community improvement, as the properties they manage serve as vital resources for local economic activities. By ensuring that these buildings are occupied, they help support local businesses and services, creating jobs and promoting economic stability in the area. Additionally, the presence of various tenants can lead to a vibrant community atmosphere, making the locality more appealing for residents and visitors alike. Overall, Local 464A Welfare And Pension Building Inc plays a crucial role in enhancing the social and economic fabric of Little Falls.




This information is meant to be a general summary of Local 464A Welfare And Pension Building 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
-$20,574 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58,983
  • Gross Receipts: $1,758,332

Assets and Liabilities:

  • Total Assets: $1,527,772
  • Total Liabilities: $57,041
  • Net Assets: $1,470,731

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Organization Details

Founding Year

1976

Principal Officer

John T Niccollai

Main Address

245 PATERSON AVENUE, LITTLE FALLS, NJ, 07424

NTEE Category

Code: S47 - Community improvement

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