Building Company Of Local Union Number 611 Ibew

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

EIN: 237001482 ✦ Albuquerque, NM ✦ Designated as a 501(c)(2)

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Overview

What is Building Company Of Local Union Number 611 Ibew?

The Building Company of Local Union Number 611 IBEW is a nonprofit organization situated in Albuquerque, New Mexico. Established with the purpose of collecting rent from the related Local Union No. 611, this company is responsible for covering related building expenses. The primary function of this organization is to manage and maintain a property, ensuring its financial sustainability and upkeep.

Is Building Company Of Local Union Number 611 Ibew legitimate?

Building Company Of Local Union Number 611 Ibew is a legitimate nonprofit organization registered as a 501(c)(2) entity. Building Company Of Local Union Number 611 Ibew 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 Building Company Of Local Union Number 611 Ibew?

The Building Company of Local Union Number 611 IBEW was established with a mission to collect rental income from the affiliated Local Union No. 611 and manage related building expenses. The company's primary objective is to utilize these funds for the maintenance and upkeep of the properties under its management. While the provided information is limited, it suggests that the company's main focus is on financial management and property maintenance within the union community.

Who is the CEO of Building Company Of Local Union Number 611 Ibew?

Alfonso Martinez is the Director of Building Company Of Local Union Number 611 Ibew.

What is the revenue of Building Company Of Local Union Number 611 Ibew?

Building Company Of Local Union Number 611 Ibew's revenue in 2023 was -$106,244.

Who are the executives of Building Company Of Local Union Number 611 Ibew and what are their salaries?


Here are 7 key members and their salaries:


Pete Trujillo (Director)
  • Compensation: $0
  • Related: $107,917
  • Other: $0
Alfonso Martinez (President)
  • Compensation: $0
  • Related: $12,105
  • Other: $0
Mark Trujillo (Director)
  • Compensation: $0
  • Related: $6,820
  • Other: $0
Ruben Romero Jr (Director)
  • Compensation: $0
  • Related: $1,295
  • Other: $0
Charles Allen (Director)
  • Compensation: $0
  • Related: $593
  • Other: $0
Ray Cantrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Ortiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Building Company Of Local Union Number 611 Ibew?

Building Company Of Local Union Number 611 Ibew's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Building Company Of Local Union Number 611 Ibew

The Building Company of Local Union Number 611 IBEW, in its mission, was established to collect rent from the related Local Union Number 611 in Albuquerque, New Mexico. This company was formed with the primary purpose of covering the associated building expenses. In essence, the company serves as a financial entity for the local union, managing rental income and related building costs. This mission plays a crucial role in maintaining the union's property and infrastructure, ensuring a conducive environment for its members.

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Impact




October, 2024

The Building Company of Local Union Number 611 IBEW plays a significant role in supporting the local labor community in Albuquerque, NM. By managing and maintaining facilities for Local Union No. 611, it provides essential infrastructure that facilitates union activities, meetings, and training sessions for its members. This support strengthens the labor movement within the community, promoting solidarity among electricians and enhancing their bargaining power.

The organization also contributes to the local economy by incurring building-related expenses and managing rental income. This financial flow helps sustain the union’s operations and can be reinvested into programs that benefit its members and the broader community. Overall, the Building Company fosters a more organized and empowered labor force, impacting both individual members and the community at large through its commitment to worker rights and collective advancement.




This information is meant to be a general summary of Building Company Of Local Union Number 611 Ibew. 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
-$106,244 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,411
  • Gross Receipts: $208,032

Assets and Liabilities:

  • Total Assets: $1,854,877
  • Total Liabilities: $0
  • Net Assets: $1,854,877

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Organization Details

Founding Year

1914

Principal Officer

Alfonso Martinez

Main Address

4921 Alexander Blvd NE, Albuquerque, NM, 87107

NTEE Category

Code: S47 - Community improvement

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