Overview
What is Ny Nj Regional Jt Bd Holding Company Inc?
Ny Nj Regional Jt Bd Holding Company Inc is a nonprofit organization that primarily generates income by renting out office spaces. This revenue is then utilized to support the union members who are the owners of this entity. By leveraging the rental income, the company aims to aid its union members financially. The company's mission is centered around using the profits derived from its office rental business to benefit the union members of the New York and New Jersey Regional Joint Board.
Is Ny Nj Regional Jt Bd Holding Company Inc legitimate?
Ny Nj Regional Jt Bd Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ny Nj Regional Jt Bd Holding Company Inc 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
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What is the mission statement of Ny Nj Regional Jt Bd Holding Company Inc?
The mission of Ny Nj Regional Jt Bd Holding Company Inc, as a third-party perspective, involves renting out office space. The primary objective of this rental activity is to generate funds, which are then utilized to assist the union members who are the owners of this organization. This entity's purpose is to provide financial support to its union member stakeholders. The income derived from rental activities plays a crucial role in fulfilling this mission.
Who is the CEO of Ny Nj Regional Jt Bd Holding Company Inc?
Julie Kelly is the President of Ny Nj Regional Jt Bd Holding Company Inc.
What is the revenue of Ny Nj Regional Jt Bd Holding Company Inc?
Ny Nj Regional Jt Bd Holding Company Inc's revenue in 2022 was $240,000.
Who are the executives of Ny Nj Regional Jt Bd Holding Company Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $137,373
- Other: $0
- Compensation: $0
- Related: $132,403
- Other: $0
Where can I find the form 990 for Ny Nj Regional Jt Bd Holding Company Inc?
Ny Nj Regional Jt Bd Holding Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ny Nj Regional Jt Bd Holding Company Inc
Ny Nj Regional Jt Bd Holding Company Inc, a nonprofit organization, primarily focuses on renting out office space. The revenue generated from this activity is then utilized to extend assistance to the union members who own this entity. In essence, the organization serves as a financial backbone for its union members, leveraging its rental income to support their needs. This mission underscores the company's commitment to the well-being of its union members, using its business operations as a means to provide financial support.
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Impact
October, 2024
Ny Nj Regional Jt Bd Holding Company Inc plays a critical role in supporting the community of union members in the New York and New Jersey region. By renting office space, the company generates income that is directly funneled back into programs designed to assist these members. This approach not only creates a sustainable revenue stream but also fosters community improvement and solidarity among union workers.
The proceeds from the rental activities are utilized to address various needs and initiatives for union members, reinforcing a support system that benefits individuals and the broader labor community. Through its operations, Ny Nj Regional Jt Bd Holding Company Inc enhances workplace conditions, offers necessary resources, and builds a stronger network for its union constituents. This dual focus on generating income and providing support significantly impacts both the economic and social well-being of union members in the region.
This information is meant to be a general summary of Ny Nj Regional Jt Bd Holding Company Inc. 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.
- Gross Receipts: $240,000
Assets and Liabilities:
- Total Assets: $8,166,411
- Total Liabilities: $8,953,115
- Net Assets: -$786,704
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Organization Details
Founding Year
2016
Phone
(212) 475-3131Principal Officer
Julie Kelly
Main Address
305 7TH AVENUE 7TH FLOOR, NEW YORK, NY, 10001
NTEE Category
Code: S47 - Community improvement
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