Local Union 2 Ibew Building Corporation

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

EIN: 431241807 ✦ Fenton, MO ✦ Designated as a 501(c)(2)

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Overview

What is Local Union 2 Ibew Building Corporation?

Local Union 2 IBEW Building Corporation is a nonprofit organization situated in Saint Louis, Missouri. Primarily, its role is to lease office space for the local union and its members. Additionally, they offer classroom facilities to serve their community. The organization's activities encompass renting out building and hall spaces for various events and functions.

Is Local Union 2 Ibew Building Corporation legitimate?

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

The Local Union 2 IBEW Building Corporation's primary purpose is to lease office space for the local union and its members. Additionally, they offer furnished classroom facilities. Beyond this, their activities encompass renting out buildings and halls for various functions. In essence, their mission is to provide necessary workspace and educational facilities to support the local union and its members.

What is the revenue of Local Union 2 Ibew Building Corporation?

Local Union 2 Ibew Building Corporation's revenue in 2024 was $242,416.

Who are the executives of Local Union 2 Ibew Building Corporation and what are their salaries?

Here are 4 key members and their salaries:


Tracy Timmerman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Crocker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $21,589
Kenneth Peebles (Business Manager)
  • Compensation: $0
  • Related: $163,270
  • Other: $70,442
Steve Banderman (Recording Secretary)
  • Compensation: $0
  • Related: $147,034
  • Other: $65,017
Where can I find the form 990 for Local Union 2 Ibew Building Corporation?

Local Union 2 Ibew Building Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Local Union 2 Ibew Building Corporation

Local Union 2 IBEW Building Corporation is dedicated to leasing building space for the office of the local union and its members. This organization goes beyond just providing a workspace; it also offers class room facilities. The primary mission of this nonprofit is to cater to the needs of the local union and its members by leasing appropriate building spaces and equipping them with necessary class rooms. This enables the union to conduct its operations efficiently and effectively. By providing these facilities, Local Union 2 IBEW Building Corporation contributes to the overall success and productivity of the local union.

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Impact




October, 2024

Local Union 2 IBEW Building Corporation significantly impacts the community by providing essential infrastructure for the local union and its members. By leasing building space for office use, the organization creates a dedicated environment where members can gather, collaborate, and access vital resources. This contributes to the overall effectiveness and functionality of the local union's operations.

Additionally, the provision of classroom facilities supports education and training programs, essential for skill development within the electrical industry. Such programs enhance the professional capabilities of union members, ensuring they remain competitive and well-prepared for a rapidly evolving workforce.

Furthermore, the availability of building and hall rentals fosters community engagement, allowing local groups and organizations to access venues for meetings, events, and gatherings. This strengthens community ties and promotes collective growth. Overall, Local Union 2 IBEW Building Corporation is a pivotal resource in fostering community improvement and empowering its members through education and infrastructure.




This information is meant to be a general summary of Local Union 2 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.

Revenue
$242,416 (2024)
Expenses
$0 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $7
  • Gross Receipts: $1,479,292

Assets and Liabilities:

  • Total Assets: $4,781,054
  • Total Liabilities: $19,237
  • Net Assets: $4,761,817

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Organization Details

Founding Year

1981

Principal Officer

Tracy Timmerman

NTEE Category

Code: S47 - Community improvement

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