Overview
What is Ibew Local Union 351 Building Association?
Ibew Local Union 351 Building Association is a nonprofit organization established primarily as a holding company for real estate property, specifically for IBEW Local 351. Based in Hammonton, New Jersey, the association's primary mission is to manage and oversee the real estate holdings for the benefit of IBEW Local 351. This nonprofit organization plays a crucial role in maintaining and managing properties for this union local, contributing to their overall operations.
Is Ibew Local Union 351 Building Association legitimate?
Ibew Local Union #351 Building Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ibew Local Union #351 Building Association 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 Ibew Local Union 351 Building Association?
The Ibew Local Union 351 Building Association serves as a holding company for real property, primarily for IBEW Local 351. This organization's primary role is to manage and oversee the ownership of real estate assets on behalf of IBEW Local 351. The association does not have a mission statement focusing on advocacy, support, or research like other organizations, but rather, its purpose is to ensure the proper management and utilization of real property for the benefit of IBEW Local 351.
Who is the CEO of Ibew Local Union 351 Building Association?
Daniel Cosner is the President of Ibew Local Union #351 Building Association.
What is the revenue of Ibew Local Union 351 Building Association?
Ibew Local Union 351 Building Association's revenue in 2022 was $269,806.
Who are the executives of Ibew Local Union 351 Building Association and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $241,231
- Other: $145,596
- Compensation: $0
- Related: $192,990
- Other: $120,903
- Compensation: $0
- Related: $192,990
- Other: $120,903
- Compensation: $0
- Related: $3,623
- Other: $0
Where can I find the form 990 for Ibew Local Union 351 Building Association?
Ibew Local Union 351 Building Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Local Union 351 Building Association
Ibew Local Union 351 Building Association serves as a holding company for real property, primarily for IBEW Local 351. Its mission is centered around managing and owning real estate assets, with the primary beneficiary being IBEW Local 351. This organization acts as a steward of property, ensuring its effective use and maintenance for the betterment of IBEW Local 351. By functioning as a holding company, Ibew Local Union 351 Building Association contributes to the overall stability and growth of IBEW Local 351, providing it with a solid foundation for its operations.
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Impact
October, 2024
The IBEW Local Union 351 Building Association significantly contributes to community improvement in Hammonton, NJ, by serving as a holding company for real property associated with IBEW Local 351. This role supports the local union's activities and initiatives, enhancing the physical and social infrastructure within the community. By managing real estate assets, the association helps create spaces that facilitate education, training, and collaboration among union members, ultimately strengthening the local labor force and promoting economic development. Its presence fosters a sense of solidarity and engagement among electrical workers, encouraging community involvement and support for various initiatives that benefit both the union and the broader area.
This information is meant to be a general summary of Ibew Local Union 351 Building Association. 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: $384
- Gross Receipts: $371,759
Assets and Liabilities:
- Total Assets: $2,700,715
- Total Liabilities: $0
- Net Assets: $2,700,715
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Organization Details
Founding Year
1995
Phone
(609) 704-8351Principal Officer
Daniel Cosner
Main Address
PO BOX 1118, HAMMONTON, NJ, 080375118
NTEE Category
Code: S47 - Community improvement
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