International Brotherhood Of Electrical Workers 0081 Building Inc

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

EIN: 231692662 ✦ Scranton, PA ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Electrical Workers 0081 Building Inc?

International Brotherhood of Electrical Workers 0081 Building Inc, based on the provided information, is a nonprofit organization that owns a commercial building in which offices are leased to various union and union-related organizations. This entity, locally known as Local #81 IBEW Building, Inc., serves as a hub for these organizations, providing them with a physical space to operate. The building's mission aligns with the broader objectives of the International Brotherhood of Electrical Workers, supporting and fostering union activities.

Is International Brotherhood Of Electrical Workers 0081 Building Inc legitimate?

International Brotherhood Of Electrical Workers 0081 Building Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Electrical Workers 0081 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: $21,158

For more financial information, click here

What is the mission statement of International Brotherhood Of Electrical Workers 0081 Building Inc?

The International Brotherhood of Electrical Workers 0081 Building Inc, in its role, leases out commercial space to various unions and union-related organizations. While the provided information does not contain a specific mission statement, one could infer that their mission, in essence, is to support the union and union-related organizations by providing them with suitable office spaces. This enables these organizations to carry out their respective activities and missions, contributing to the union's collective efforts.

Who is the CEO of International Brotherhood Of Electrical Workers 0081 Building Inc?

Michael Mcdermott is the President of International Brotherhood Of Electrical Workers 0081 Building Inc.

What is the revenue of International Brotherhood Of Electrical Workers 0081 Building Inc?

International Brotherhood Of Electrical Workers 0081 Building Inc's revenue in 2022 was $840.

Who are the executives of International Brotherhood Of Electrical Workers 0081 Building Inc and what are their salaries?

The average compensation at International Brotherhood Of Electrical Workers 0081 Building Inc during 2022 was $21,158. There is 1 employee at International Brotherhood Of Electrical Workers 0081 Building Inc.


Here are 4 key members and their salaries:


Edward O'Donnell (President)
  • Compensation: $0
  • Related: $94,988
  • Other: $46,489
Michael Mcdermott (Business Manager)
  • Compensation: $0
  • Related: $126,515
  • Other: $58,346
Patrick Hartman (Vice President)
  • Compensation: $0
  • Related: $2,759
  • Other: $0
Randolph Greenip (Recording Secretary)
  • Compensation: $0
  • Related: $1,705
  • Other: $0
Where can I find the form 990 for International Brotherhood Of Electrical Workers 0081 Building Inc?

International Brotherhood Of Electrical Workers 0081 Building Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Brotherhood Of Electrical Workers 0081 Building Inc

The International Brotherhood of Electrical Workers 0081 Building Inc, in essence, serves as a landlord for various union and union-related organizations. This nonprofit entity owns a commercial building where offices are leased out to these organizations, thereby facilitating their operations. By providing a space for these organizations, the International Brotherhood of Electrical Workers 0081 Building Inc contributes to the collective strength and continuity of the union movement. The nonprofit's mission revolves around offering a physical space that fosters collaboration and shared resources among union organizations.

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Impact




October, 2024

The International Brotherhood Of Electrical Workers 0081 Building Inc plays a crucial role in supporting labor unions and union-related organizations by providing physical space for their operations. By owning and maintaining a commercial building in Scranton, PA, it enables various union groups to establish their offices, fostering collaboration and community among these organizations. This accessibility to dedicated space not only enhances their ability to coordinate activities and resources effectively but also promotes the collective interests of the workforce. Ultimately, the impact of IBEW 0081 Building Inc is significant in facilitating employment advocacy and strengthening the labor movement in the region.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers 0081 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
$840 (2022)
Expenses
$44,117 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Gross Receipts: $215,500

Assets and Liabilities:

  • Total Assets: $336,528
  • Total Liabilities: $283,538
  • Net Assets: $52,990

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Organization Details

Founding Year

1968

Principal Officer

Michael Mcdermott

Main Address

431 WYOMING AVENUE, SCRANTON, PA, 18503

NTEE Category

Code: J40 - Employment

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