Spokane Teamsters Building Association

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

EIN: 510184392 ✦ Spokane, WA ✦ Designated as a 501(c)(2)

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Overview

What is Spokane Teamsters Building Association?

Spokane Teamsters Building Association is a nonprofit organization situated in Spokane, Washington, specifically at 1912 N Division Street. The primary purpose of this association is to offer office space to organizations and businesses that are related to labor unions and serve the benefits of their members. This mission is carried out within the framework of owning, maintaining, and operating buildings for fraternal, social, and related purposes, primarily for local unions affiliated with the International Brotherhood of Teamsters. The association contributes to the community by providing a supportive environment for labor union-related entities.

Is Spokane Teamsters Building Association legitimate?

Spokane Teamsters Building Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Spokane Teamsters Building Association 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 Spokane Teamsters Building Association?

The Spokane Teamsters Building Association's mission is to own, manage, and operate buildings for the purpose of providing office space to organizations and businesses that are affiliated with labor unions and serve the benefit of their members. This association aims to support local unions charted under the International Brotherhood of Teamsters, Chauffeurs, Warehousemen, and Helpers of America, contributing to their fraternal, social, and related activities. In essence, the building association's role is to offer a suitable environment for labor union-related organizations to operate and serve their members effectively.

Who is the CEO of Spokane Teamsters Building Association?

Larry Kroetch is the President Thru October 2022 of Spokane Teamsters Building Association.

What is the revenue of Spokane Teamsters Building Association?

Spokane Teamsters Building Association's revenue in 2022 was $175,211.

Who are the executives of Spokane Teamsters Building Association and what are their salaries?


Here are 4 key members and their salaries:


Val Holstrom (President Thru October 2022)
  • Compensation: $0
  • Related: $101,510
  • Other: $39,790
Matthew Tanner (Secretary Treasurer)
  • Compensation: $0
  • Related: $6,060
  • Other: $0
Joseph Kuhn (Trustee)
  • Compensation: $0
  • Related: $98,743
  • Other: $39,790
Larry Kroetch (President Since October 2022)
  • Compensation: $0
  • Related: $105,616
  • Other: $39,790
Where can I find the form 990 for Spokane Teamsters Building Association?

Spokane Teamsters Building Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Spokane Teamsters Building Association

The Spokane Teamsters Building Association is an organization with a mission to serve. Its primary objective is to own, manage, and operate buildings, providing them as spaces for use by various organizations and businesses that are affiliated with labor unions under the International Brotherhood of Teamsters, Chauffeurs, Warehousemen, and Helpers of America. These spaces are intended for fraternal, social, and related purposes, offering benefits and opportunities for the betterment of labor union members. The association's role is to support these organizations and businesses, contributing to the well-being of the labor union community.

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Impact




October, 2024

The Spokane Teamsters Building Association significantly enhances the labor community in Spokane, Washington, by providing essential office space tailored for labor union-related organizations and businesses serving union members. This initiative creates a centralized hub where local unions can operate effectively, fostering collaboration and communication within the labor movement.

By maintaining and operating facilities for fraternal and social purposes, the association strengthens the bonds between labor organizations, ensuring they can advocate for the rights and needs of their members more efficiently. The accessibility of professionally managed office space allows unions to focus on their core mission of supporting workers, offering training, resources, and services that ultimately improve the livelihoods of union members.

In addition to supporting unions directly, the Spokane Teamsters Building Association contributes to community improvement by promoting a sense of solidarity and engagement among labor organizations, thereby enhancing the overall fabric of the local community. This impact reflects the association's commitment to empowering worker rights and building a stronger, more cohesive labor sector.




This information is meant to be a general summary of Spokane Teamsters Building Association. 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
$175,211 (2022)
Expenses
$133,702 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $106
  • Program Service Revenue: $80,508
  • Gross Receipts: $175,211

Assets and Liabilities:

  • Total Assets: $1,291,014
  • Total Liabilities: $22,960
  • Net Assets: $1,268,054

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Programs

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

Rental income

Revenue

$80,508

Organization Details

Founding Year

1975

Principal Officer

Larry Kroetch

Main Address

1912 N Division Street, Spokane, WA, 99207

NTEE Category

Code: S47 - Community improvement

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