Local No 41 Ibew Building Corporation

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

EIN: 222197144 ✦ Orchard park, NY ✦ Designated as a 501(c)(2)

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Overview

What is Local No 41 Ibew Building Corporation?

Local No 41 IBEW Building Corporation is a nonprofit entity situated in Orchard Park, New York. Its primary mission involves leasing properties to affiliated exempt organizations, thereby benefiting approximately 1,000 individuals. By renting out properties, this corporation supports the operations of these affiliated organizations, contributing to their overall objectives.

Is Local No 41 Ibew Building Corporation legitimate?

Local No 41 Ibew Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local No 41 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

For more financial information, click here

What is the mission statement of Local No 41 Ibew Building Corporation?

Local No 41 Ibew Building Corporation's mission is centered around providing rental properties to affiliated exempt organizations. The corporation operates and maintains these buildings, thereby benefiting approximately 1,000 individuals associated with these organizations. The primary objective of Local No 41 Ibew Building Corporation is to facilitate the rental of properties to its affiliated, tax-exempt organizations.

Who is the CEO of Local No 41 Ibew Building Corporation?

Matthew Hilmey is the President of Local No 41 Ibew Building Corporation.

What is the revenue of Local No 41 Ibew Building Corporation?

Local No 41 Ibew Building Corporation's revenue in 2022 was $207,626.

Who are the executives of Local No 41 Ibew Building Corporation and what are their salaries?


Here are 5 key members and their salaries:


Matthew Hilmey (President)
  • Compensation: $0
  • Related: $103,314
  • Other: $64,062
Shawn Creighton (Vice President)
  • Compensation: $0
  • Related: $101,274
  • Other: $64,062
Eric Taylor (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gaiser (Financial Secretary)
  • Compensation: $0
  • Related: $124,666
  • Other: $64,062
Marco Lepore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local No 41 Ibew Building Corporation?

Local No 41 Ibew Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local No 41 Ibew Building Corporation

Local No 41 IBEW Building Corporation is an organization that focuses on renting out property to affiliated exempt organizations. Their primary mission is to provide suitable living or working spaces for these affiliated entities, thereby benefiting approximately 1,000 individuals. The corporation ensures the operation and maintenance of these rented buildings, ensuring they are in optimal condition for the organizations that occupy them.

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Impact




October, 2024

Local No 41 Ibew Building Corporation significantly impacts its community by providing essential rental properties to affiliated exempt organizations in Orchard Park, NY. By operating and maintaining these buildings, the Corporation facilitates various services and programs that benefit approximately 1,000 individuals. This support enhances community engagement and promotes local initiatives, contributing to overall community improvement. The resources made available through these rental properties enable organizations to thrive, fostering collaboration and enhancing the quality of life for residents in the area.




This information is meant to be a general summary of Local No 41 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.

Revenue
$207,626 (2022)
Expenses
$175,031 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $207,626
  • Gross Receipts: $207,626

Assets and Liabilities:

  • Total Assets: $871,010
  • Total Liabilities: $456,303
  • Net Assets: $414,707

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$181,863

UTILITY REIMBURSEMENT

Revenue

$24,693

MAINTENANCE AND REPAIR

Revenue

$1,070

Organization Details

Founding Year

1976

Principal Officer

Matthew Hilmey

Main Address

S 3546 CALIFORNIA ROAD, ORCHARD PARK, NY, 14127

NTEE Category

Code: S47 - Community improvement

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