Overview
What is Local 50 Building Corporation?
Local 50 Building Corporation serves as a trustee for the United Association, Local No 50 Plumbers and Steamfitters Union. Their primary role is to acquire, manage, and maintain real estate properties on behalf of this union. This nonprofit organization is headquartered at 7570 Caple Blvd Suite A, Northwood, Ohio. While the description is specific to property management, it is presumed that their mission supports the needs and interests of the union members.
Is Local 50 Building Corporation legitimate?
Local 50 Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 50 Building 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 50 Building Corporation?
The Local 50 Building Corporation's mission is to serve as a trust for the United Association, Local No 50 Plumbers and Steamfitters Union, with the primary responsibility of acquiring and managing real estate properties. This mission aims to support the union's operations and activities, ensuring the availability of necessary property resources. By holding property in trust, the Local 50 Building Corporation contributes to the Union's operational stability and growth.
Who is the CEO of Local 50 Building Corporation?
Eric Osborn is the President of Local 50 Building Corporation.
What is the revenue of Local 50 Building Corporation?
Local 50 Building Corporation's revenue in 2022 was $34,363.
Who are the executives of Local 50 Building Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $113,653
- Other: $88,007
- Compensation: $0
- Related: $2,574
- Other: $705
- Compensation: $0
- Related: $1,200
- Other: $0
Where can I find the form 990 for Local 50 Building Corporation?
Local 50 Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 50 Building Corporation
Local 50 Building Corporation, as the name suggests, serves as a trust for the United Association, Local No 50 Plumbers and Steamfitters Union. Its primary objective is to acquire and manage real estate properties on behalf of this union. This nonprofit organization holds and receives real estate properties in trust, ensuring they are utilized effectively to support the union's needs. By taking on this role, Local 50 Building Corporation plays a crucial part in providing the necessary infrastructure for the Plumbers and Steamfitters Union, Local No 50.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Local 50 Building Corporation significantly impacts the community by acquiring and managing real property for the United Association, Local No 50 Plumbers and Steamfitters Union. This strategic focus on property management enables the union to establish a stable and secure foundation for its operations, fostering a strong support network for its members. Through its efforts, Local 50 contributes to community improvement by ensuring that the union has the necessary facilities to provide training, resources, and services to its members.
By holding and maintaining real estate, Local 50 Building Corporation enhances the union's capacity to support skilled tradespeople in the plumbing and steamfitting industries. This not only strengthens the workforce but also helps promote economic development in Northwood, OH, and surrounding areas. The organization’s commitment to its mission ultimately drives better job prospects and training opportunities for local residents, creating a lasting positive impact on the community.
This information is meant to be a general summary of Local 50 Building 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: $163
- Program Service Revenue: $34,200
- Gross Receipts: $34,363
Assets and Liabilities:
- Total Assets: $1,766,140
- Total Liabilities: $1,313
- Net Assets: $1,764,827
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent
Revenue
$34,200
Organization Details
Founding Year
1974
Phone
(419) 662-5456Principal Officer
Eric Osborn
Main Address
7570 Caple Blvd Suite A, Northwood, OH, 436191084
NTEE Category
Code: S47 - Community improvement
If you are a representative of Local 50 Building Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.