Overview
What is Ibew Local 57 Building Corp?
Ibew Local 57 Building Corp is a nonprofit entity established in the 1960s by IBEW Local Union 57, with the sole intention of purchasing a building exclusively for the local union's office and meeting needs. The corporation served as a landlord, collecting rent from IBEW Local Union 57 as its sole tenant. The only expenses incurred by the corporation were related to the building's operation. The organization's purpose remains to provide a space dedicated to the management and meetings of the local union, ensuring their operational needs are met.
Official website here: www.ibew57.com
Is Ibew Local 57 Building Corp legitimate?
Ibew Local 57 Building Corp is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local 57 Building Corp 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.ibew57.com
What is the mission statement of Ibew Local 57 Building Corp?
Ibew Local 57 Building Corp serves a specific purpose, primarily acting as a facility for the local union's administrative needs and meetings. Established in the 1960s, the corporation was founded by IBEW Local Union 57 to acquire a building exclusively for their office and meeting spaces. The organization's primary activities involve managing this building, with rent being collected from the Union. The corporation's operations are funded through the building's operational expenses, with no salaries or distributions being distributed by the company. In essence, Ibew Local 57 Building Corp exists to support the local union's operational requirements by providing an exclusive space for management and meetings.
Official website here: www.ibew57.com
Who is the CEO of Ibew Local 57 Building Corp?
Kevin Owen is the Business Manager of Ibew Local 57 Building Corp.
Official website here: www.ibew57.com
What is the revenue of Ibew Local 57 Building Corp?
Ibew Local 57 Building Corp's revenue in 2022 was $0.
Official website here: www.ibew57.com
Who are the executives of Ibew Local 57 Building Corp and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $178,909
- Other: $59,519
- Compensation: $0
- Related: $3,260
- Other: $0
- Compensation: $0
- Related: $2,041
- Other: $0
- Compensation: $0
- Related: $1,795
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ibew57.com
Where can I find the form 990 for Ibew Local 57 Building Corp?
Ibew Local 57 Building Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ibew57.com
Learn more at the official website: www.ibew57.com
Mission Statement of Ibew Local 57 Building Corp
IBEW Local 57 Building Corp, established as a tax-exempt entity in the 1960s, was primarily founded with the objective of acquiring a building exclusively for the use of IBEW Local Union 57's administrative and meeting purposes. This organization served as a dedicated space for the local union, providing a centralized location for its management and meetings. The IBEW Local 57 Building Corp's sole financial obligations included covering the operational expenses of the building. Notably, the corporation did not distribute profits or pay salaries, ensuring that all funds were utilized for the upkeep and maintenance of the building. In essence, IBEW Local 57 Building Corp was established to cater to the specific needs of IBEW Local Union 57, providing a functional and dedicated space for their administrative and meeting requirements.
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Impact
October, 2024
IBEW Local 57 Building Corp plays a crucial role in supporting the activities and management of the IBEW Local Union 57 in Salt Lake City, UT. By providing a dedicated space exclusively for union management and meetings, the organization fosters a structured environment for collaboration and decision-making. This focused facility allows union members to convene, discuss important issues, and strategize on employment matters, thus enhancing the overall effectiveness of the labor union.
The building not only serves as a central hub for union operations but also helps to maintain a strong sense of community among union members. By eliminating the need to seek external venues, the organization ensures that resources are efficiently utilized, keeping costs low for the union. This efficiency is particularly important in the context of labor relations and negotiation efforts, where having a consistent and secure meeting space can lead to better outcomes for members.
Additionally, the IBEW Local 57 Building Corp underscores the union’s commitment to supporting its members' rights and interests in the labor market, thereby contributing to the broader goals of economic stability and employment advancement within the region. Overall, the impact of IBEW Local 57 Building Corp is significant in fostering a robust framework for union management and member engagement.
This information is meant to be a general summary of Ibew Local 57 Building Corp. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1960
Phone
(801) 270-5757Principal Officer
Kevin Owen
Main Address
3400 W 2100 S STE B, SALT LAKE CITY, UT, 84119
Website
www.ibew57.comNTEE Category
Code: J40 - Employment
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