Overview
What is Local 601 Building Corporation?
Local 601 Building Corporation is a nonprofit entity based in Champaign, Illinois. Its primary role is to oversee and manage real estate properties on behalf of its parent organization, International Brotherhood of Electrical Workers Local no. 601. The corporation's mission lies in managing these real estate holdings effectively. By doing so, it supports its parent organization in various ways, without providing further specifics mentioned in the information.
Is Local 601 Building Corporation legitimate?
Local 601 Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local 601 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 601 Building Corporation?
Local 600 Building Corporation's mission is centered around managing real estate holdings. This organization serves the parent body, International Brotherhood of Electrical Workers Local No. 601, by responsibly managing their real estate assets. The corporation's primary role is to maintain and oversee these properties, ensuring their continued use and upkeep for the benefit of the parent organization. By effectively managing their real estate holdings, Local 601 Building Corporation contributes to the overall success and stability of the International Brotherhood of Electrical Workers Local No. 601.
Who is the CEO of Local 601 Building Corporation?
Theodore J Burgin Iii is the Bus Mgr/Fin Secy of Local 601 Building Corporation.
What is the revenue of Local 601 Building Corporation?
Local 601 Building Corporation's revenue in 2022 was $39,742.
Who are the executives of Local 601 Building Corporation and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $132,009
- Other: $41,673
- Compensation: $0
- Related: $21,565
- Other: $0
- Compensation: $0
- Related: $2,696
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $175
- Other: $0
- Compensation: $0
- Related: $497
- Other: $0
- Compensation: $0
- Related: $71,718
- Other: $21,044
- Compensation: $0
- Related: $539
- Other: $0
- Compensation: $0
- Related: $539
- Other: $0
- Compensation: $0
- Related: $494
- Other: $0
- Compensation: $0
- Related: $362
- Other: $0
- Compensation: $0
- Related: $542
- Other: $0
- Compensation: $0
- Related: $271
- Other: $0
Where can I find the form 990 for Local 601 Building Corporation?
Local 601 Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 601 Building Corporation
Local 601 Building Corporation is dedicated to managing real estate holdings on behalf of its parent organization, the International Brotherhood of Electrical Workers Local No. 601. The corporation's mission is to ensure the responsible management and maintenance of these real estate properties, enhancing their value and contributing to the overall success of the parent organization. By effectively managing its real estate portfolio, Local 601 Building Corporation plays a crucial role in supporting the mission and objectives of its parent organization, contributing to its long-term sustainability and growth.
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Impact
October, 2024
Local 601 Building Corporation plays a crucial role in the Champaign community by effectively managing real estate holdings for the International Brotherhood of Electrical Workers Local No. 601. By overseeing these properties, the corporation ensures that the facilities are optimized for use, contributing to the local economy and supporting the needs of its members. The focused management of real estate not only enhances the operations of the parent organization but also fosters community improvement initiatives. This commitment to real estate management creates a stable foundation, allowing for continued development and enhancement of resources that benefit both the union members and the broader community in Champaign, IL.
This information is meant to be a general summary of Local 601 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.
- Program Service Revenue: $39,742
- Gross Receipts: $39,742
Assets and Liabilities:
- Total Assets: $847,110
- Total Liabilities: $2,000
- Net Assets: $845,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$39,742
Organization Details
Founding Year
1981
Phone
(217) 352-1741Principal Officer
Theodore J Burgin Iii
Main Address
3301 N BOARDWALK DRIVE, CHAMPAIGN, IL, 61822
NTEE Category
Code: S47 - Community improvement
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