Local 42 Building Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311499235 ✦ Norwalk, OH ✦ Designated as a 501(c)(2)

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Overview

What is Local 42 Building Corporation?

Local 42 Building Corporation is a nonprofit organization with a primary mission to serve the needs of plumbers and steamfitters local union no. 42. They focus on acquiring, managing, and maintaining real property, primarily for the construction of buildings that benefit this labor union. This includes leasing, operating, and constructing properties to provide suitable spaces for their members. The organization's purpose is to support and empower this specific union, ensuring they have the necessary resources to carry out their duties effectively.

Is Local 42 Building Corporation legitimate?

Local 42 Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 42 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 42 Building Corporation?

The Local 42 Building Corporation's primary mission is to acquire, manage, and maintain both real and personal property, with a primary focus on real estate. Their main objective is to provide suitable buildings for the benefit of the Plumbers and Steamfitters Local Union No. 42 Labor Organization. This corporation serves as a platform to facilitate the organization's needs, contributing to their operations and activities.

Who is the CEO of Local 42 Building Corporation?

Brian Vanderpool is the Treasurer of Local 42 Building Corporation.

What is the revenue of Local 42 Building Corporation?

Local 42 Building Corporation's revenue in 2022 was $53,331.

Who are the executives of Local 42 Building Corporation and what are their salaries?


Here are 9 key members and their salaries:


John Youngberg (Treasurer)
  • Compensation: $0
  • Related: $91,917
  • Other: $76,610
Brian Vanderpool (President)
  • Compensation: $0
  • Related: $81,825
  • Other: $73,164
Kevin Lukitsch Jr (Trustee)
  • Compensation: $0
  • Related: $1,470
  • Other: $0
Dino Camera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Camera (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Hipp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hutte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell White (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 42 Building Corporation?

Local 42 Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 42 Building Corporation

Local 42 Building Corporation, as a nonprofit organization, is dedicated to receiving, owning, operating, leasing, constructing, managing, and maintaining both real and personal property. Its primary focus is on real estate, with the ultimate goal of providing suitable buildings for the benefit of Plumbers and Steamfitters Local Union No. 42 Labor Organization. The organization's mission is to serve this specific union, ensuring they have the necessary infrastructure to operate effectively and provide services to their members. By managing and maintaining properties, Local 42 Building Corporation contributes to the union's success and overall well-being.

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Impact




October, 2024

Local 42 Building Corporation significantly enhances the infrastructure and resources available to the Plumbers and Steamfitters Local Union No. 42 in Norwalk, Ohio. By acquiring, constructing, and managing properties, the organization serves as a vital support system for union members, providing essential facilities that promote training, collaboration, and community engagement among plumbers and steamfitters.

Through its efforts, Local 42 Building Corporation plays a crucial role in improving the overall working conditions and professional development opportunities for its members. Its impact extends beyond mere property management; by fostering a strong sense of community and providing space for events, meetings, and educational programs, the corporation strengthens the union's collective identity and enhances the skill sets of its workforce. This commitment to building and maintaining a robust community infrastructure ultimately contributes to the economic vitality of the region and the well-being of local labor organizations.




This information is meant to be a general summary of Local 42 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.

Revenue
$53,331 (2022)
Expenses
$72,547 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $231
  • Program Service Revenue: $53,100
  • Gross Receipts: $53,331

Assets and Liabilities:

  • Total Assets: $432,361
  • Total Liabilities: $4,058
  • Net Assets: $428,303

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$53,100

Organization Details

Founding Year

1997

Principal Officer

Brian Vanderpool

Main Address

187 WOODLAWN AVENUE, NORWALK, OH, 44857

NTEE Category

Code: S47 - Community improvement

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