Overview
What is Local Union 488 Ibew Building Corporation?
Local Union 488 Ibew Building Corporation is a nonprofit entity established primarily to manage and maintain a facility as the local headquarters, meeting hall, and training facilities for Local 488 of the International Brotherhood of Electrical Workers (IBEW). This organization is situated at 721 Main Street, Monroe, Connecticut 06468, and its purpose is to solely benefit this specific labor organization and its members. The nonprofit may also acquire additional properties to serve these functions.
Is Local Union 488 Ibew Building Corporation legitimate?
Local Union 488 Ibew Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local Union 488 Ibew 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 Union 488 Ibew Building Corporation?
The Local Union 488 IBEW Building Corporation was established with the sole purpose of managing real estate properties, primarily for the use of Local 488, an affiliate of the International Brotherhood of Electrical Workers. The main objectives include operating as a meeting hall, serving as the local headquarters, providing training facilities, and utilizing the properties for various other benefits, all exclusively for the advantage of Local 488.
Who is the CEO of Local Union 488 Ibew Building Corporation?
Stephen J Rodrigues is the Vice President of Local Union 488 Ibew Building Corporation.
What is the revenue of Local Union 488 Ibew Building Corporation?
Local Union 488 Ibew Building Corporation's revenue in 2022 was $487,695.
Who are the executives of Local Union 488 Ibew Building Corporation and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $94,617
- Other: $60,096
- Compensation: $0
- Related: $128,762
- Other: $69,042
- Compensation: $0
- Related: $111,280
- Other: $64,569
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local Union 488 Ibew Building Corporation?
Local Union 488 Ibew Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local Union 488 Ibew Building Corporation
Local Union 488 IBEW Building Corporation was established with a specific purpose in mind. Its primary objective is to hold the legal title to real estate, including the property located at 721 Main Street, Monroe, CT 06468, and any other properties that may be acquired in the future. This corporation serves as a meeting hall, local headquarters, and training facility for the sole benefit of Local 488, the International Brotherhood of Electrical Workers. The corporation's mission is to provide a space where this labor organization can conduct its activities and serve its members effectively. By operating as a meeting hall, Local Union 488 IBEW Building Corporation allows its members to gather, discuss, and make decisions that impact their union. As a local headquarters, the corporation provides a base of operations for the union, enabling it to manage its affairs efficiently. Additionally, the training facility aspect of the corporation allows Local 488 to educate its members, ensuring they have the necessary skills to excel in their field. Overall, Local Union 488 IBEW Building Corporation plays a crucial role in supporting and empowering Local 488, the International Brotherhood of Electrical Workers.
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 Union 488 IBEW Building Corporation plays a vital role in supporting the electrical workers' community by providing essential facilities for operations and training. Located at 721 Main Street in Monroe, CT, the corporation holds legal title to real estate designated for various purposes that directly benefit Local 488 of the International Brotherhood of Electrical Workers.
The impact of this organization extends beyond just maintaining a physical space; it fosters a hub for meetings, training sessions, and other activities that strengthen the skills and unity of its members. By creating an environment for knowledge exchange and collaboration, Local Union 488 helps enhance the professionalism and capability of electrical workers in the region, ultimately contributing to safer and more efficient electrical work in the community.
Additionally, the corporation's commitment to serving as a local headquarters allows for better organization and representation of labor interests, ensuring that the voices of its members are heard in broader discussions affecting the industry. In this way, Local Union 488 IBEW Building Corporation not only serves its members but also makes a significant contribution to community improvement and workforce development.
This information is meant to be a general summary of Local Union 488 Ibew 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: $1,303
- Program Service Revenue: $486,392
- Gross Receipts: $487,695
Assets and Liabilities:
- Total Assets: $4,804,046
- Total Liabilities: $1,481,539
- Net Assets: $3,322,507
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.
MEMBERS' DUES AND ASSE
Revenue
$341,620
RENTAL INCOME
Revenue
$133,501
MORTGAGE INTEREST REFU
Revenue
$11,271
Organization Details
Founding Year
2007
Phone
(203) 452-7679Principal Officer
Stephen J Rodrigues
Main Address
721 MAIN STREET ROUTE 25, MONROE, CT, 06468
NTEE Category
Code: S47 - Community improvement
If you are a representative of Local Union 488 Ibew 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.