Overview
What is Local 863 Corporation?
Local 863 Corporation is a real estate organization situated in Mountainside, New Jersey. Their primary purpose is to lease land and buildings to Local Union 863 and its associated entities. This nonprofit organization's mission is centered around providing these entities with necessary resources, contributing to their operations and growth. Local 863 Corporation plays a significant role in facilitating the functioning of Local Union 863 and its affiliated entities by providing them with leased properties.
Is Local 863 Corporation legitimate?
Local 863 Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 863 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 863 Corporation?
The Local 863 Corporation is an organization that focuses on leasing out land and buildings to Local Union 863 and its affiliated entities. Their primary mission is to provide these resources, thereby supporting the operations of the affiliated entities. This lease arrangement likely serves to facilitate the union's operations and activities, contributing to its overall functioning. The corporation's mission is essentially centered around facilitating the real estate needs of the union and its associated entities.
Who is the CEO of Local 863 Corporation?
Alphonse Rispoli Jr is the Trustee of Local 863 Corporation.
What is the revenue of Local 863 Corporation?
Local 863 Corporation's revenue in 2022 was $68,858.
Who are the executives of Local 863 Corporation and what are their salaries?
There is 1 employee at Local 863 Corporation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $108,893
- Other: $87,935
- Compensation: $0
- Related: $6,000
- Other: $1,600
- Compensation: $0
- Related: $79,700
- Other: $22,316
- Compensation: $0
- Related: $500
- Other: $140
- Compensation: $0
- Related: $250
- Other: $70
- Compensation: $0
- Related: $78,116
- Other: $82,319
- Compensation: $0
- Related: $148,117
- Other: $142,292
- Compensation: $0
- Related: $135,893
- Other: $118,507
- Compensation: $0
- Related: $113,082
- Other: $103,777
Where can I find the form 990 for Local 863 Corporation?
Local 863 Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 863 Corporation
Local 863 Corporation, as a real estate organization, is dedicated to leasing land and buildings to Local Union 863 and its affiliated entities. This mission allows the corporation to play a vital role in supporting the activities of the union, providing them with the necessary space to carry out their operations effectively. By leasing land and buildings, Local 863 Corporation contributes to the continued success and growth of Local Union 863 and its affiliates, enabling them to serve their members and constituents more efficiently. The corporation's mission is a testament to its commitment to supporting the needs of the labor union and its affiliated entities, ensuring they have the resources required to fulfill their respective missions.
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Impact
October, 2024
Local 863 Corporation plays a crucial role in supporting the operations of Local Union 863 and its affiliated entities through the leasing of land and buildings in Mountainside, NJ. This arrangement facilitates the union's activities and serves as a hub for community improvement initiatives. By providing essential real estate resources, Local 863 Corporation helps create a stable environment for union members, enabling them to engage in collective bargaining, training, and community outreach programs. The corporation's impact extends beyond the physical space it provides; it fosters a sense of solidarity and empowerment within the community, promoting labor rights and contributing to the overall well-being of its members.
This information is meant to be a general summary of Local 863 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,315
- Gross Receipts: $163,411
Assets and Liabilities:
- Total Assets: $1,449,601
- Total Liabilities: $430
- Net Assets: $1,449,171
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Organization Details
Founding Year
1967
Phone
(908) 654-6990Principal Officer
Alphonse Rispoli Jr
Main Address
209 SUMMIT ROAD, MOUNTAINSIDE, NJ, 07092
NTEE Category
Code: S47 - Community improvement
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