Overview
What is Engineer Center Inc C/O Iuoe L99?
Engineer Center Inc C/O Iuoe L99 is a corporation primarily established for property ownership purposes. Located at 9315 Largo Drive West, Upper Marlboro, Maryland, this organization holds title to a property that generates income and expenses. However, it's crucial to note that all profits derived from the property belong to the affiliated 501(c)5 nonprofit organization, the International Union of Operating Engineers Local 99, 99A, 99C, and 99O. The corporation's primary role is to manage the property's financial aspects, with its overall goal of supporting the related nonprofit organization.
Is Engineer Center Inc C/O Iuoe L99 legitimate?
Engineer Center Inc C/O Iuoe L99 is a legitimate nonprofit organization registered as a 501(c)(2) entity. Engineer Center Inc C/O Iuoe L99 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 Engineer Center Inc C/O Iuoe L99?
Engineer Center Inc C/O Iuoe L99 was established with a specific purpose. Its primary objective is to serve as a title holder for property, generating income. Notably, all profits derived from this income belong to the related 501(C)5 entity, the International Union of Operating Engineers Local 99, 99A, 99C, 99O. This corporation's role is primarily financial, ensuring the property's income is utilized for the benefit of the associated union.
What is the revenue of Engineer Center Inc C/O Iuoe L99?
Engineer Center Inc C/O Iuoe L99's revenue in 2023 was $507,516.
Who are the executives of Engineer Center Inc C/O Iuoe L99 and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $12,082
- Other: $0
- Compensation: $0
- Related: $193,074
- Other: $77,232
- Compensation: $0
- Related: $9,294
- Other: $0
- Compensation: $0
- Related: $151,467
- Other: $69,376
Where can I find the form 990 for Engineer Center Inc C/O Iuoe L99?
Engineer Center Inc C/O Iuoe L99's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Engineer Center Inc C/O Iuoe L99
Engineer Center Inc C/O Iuoe L99, as a corporation, was established with a specific mission. Its primary purpose is to hold title to a property that generates income. This income, however, does not remain with the corporation itself. Instead, all the profits are attributed to the related 501(C)5 International Union of Operating Engineers Local 99, 99A, 99C, and 99O. The corporation serves as a financial entity, contributing to the financial well-being of the International Union, thereby supporting their operations in some capacity.
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Impact
October, 2024
Engineer Center Inc C/O IUOE L99 plays a crucial role in supporting the activities of the International Union of Operating Engineers Local 99 and its related entities. By holding title to property, the organization ensures that assets are managed and utilized effectively to generate income, which is then directed to support the union's initiatives.
The financial activities associated with the property contribute to the overall stability and sustainability of the union. This, in turn, allows the union to better serve its members, fund educational efforts, and provide resources for advocacy related to the operating engineers' profession. The income generated supports various efforts within the union, including job training, safety programs, and member benefits, enhancing the quality of life for the workforce it represents.
In addition, the organization's focus on property management aligns with broader goals of promoting housing stability and access within the community. By efficiently managing these assets, Engineer Center Inc C/O IUOE L99 impacts both its members and the surrounding region.
This information is meant to be a general summary of Engineer Center Inc C/O Iuoe L99. 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 2023.
- Investment Income: $34
- Program Service Revenue: $499,354
- Gross Receipts: $507,516
Assets and Liabilities:
- Total Assets: $3,519,799
- Total Liabilities: $1,160,161
- Net Assets: $2,359,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$499,354
Organization Details
Founding Year
2012
Principal Officer
Donald Havard
NTEE Category
Code: L02 - Housing
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