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District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation

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

EIN: 522029534 ✦ Washington, DC ✦ Designated as a 501(c)(2)

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Overview

What is District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation?

District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation is a nonprofit organization, specifically designed as a title holding corporation. It is headquartered in Washington, DC, and its primary role is to manage real estate properties on behalf of Meba, a labor organization that qualifies under Section 501(c)(5) of the Internal Revenue Code. Situated in Louisiana, this corporation's mission is to provide a secure and legal title for Meba's real estate interests within the state. By serving as a title holding entity, District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation plays a crucial role in safeguarding Meba's property investments.

Is District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation legitimate?

District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation submitted a form 990EZ, 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.

What is the mission statement of District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation?

District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation, as a title holding corporation, is committed to serving its affiliated labor organization Meba, which is qualified under Section 501(c)(5) of the Code. Its primary mission is to manage real estate properties on behalf of Meba in Louisiana. The corporation's role is to safeguard these properties and ensure they are utilized effectively, contributing to the broader objectives of Meba. The corporation does not have a specific mission related to promoting social causes or providing direct services, but rather focuses on its role as a title holding entity.

Who is the CEO of District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation?

Adam Vokac is the President of District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation.

What is the revenue of District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation?

District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation's revenue in 2022 was $60,167.

Who are the executives of District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation and what are their salaries?


Here are 2 key members and their salaries:


Adam Vokac (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Rexha (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation?

District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation

District No 1 PCD Meba AFL-CIO Louisiana Realty Corporation, as a title holding corporation, serves a crucial role on behalf of Meba, a qualified labor organization under Section 501(c)(5) of the Code. The corporation's primary mission is to manage real estate properties in Louisiana, acting as a custodian for Meba's assets. By performing this function, District No 1 PCD Meba AFL-CIO Louisiana Realty Corporation ensures that Meba's resources are securely and effectively utilized for their intended purpose, which is primarily focused on labor-related activities. In essence, the corporation acts as a trusted intermediary, safeguarding Meba's real estate interests and enabling them to focus on their core mission.

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Impact




October, 2024

District No 1 Pcd Meba Afl-Cio Louisiana Realty Corporation plays a crucial role in holding and managing real estate property on behalf of the Marine Engineers' Beneficial Association (MEBA) in Louisiana. By serving as a title holding corporation, it ensures that the assets of the labor organization are maintained and protected. This function is vital for supporting the activities and initiatives of MEBA, which advocates for its members' rights and interests in the maritime industry.

The corporation's impact extends to community improvement by providing stability and resources that can benefit union members and their families. By managing property effectively, it fosters economic resilience and enhances the community's engagement with labor issues, ultimately contributing to the well-being of the maritime workforce in Louisiana. Through this stewardship, the organization reinforces the importance of labor organizations in strengthening local economies and advocating for workers' rights.




This information is meant to be a general summary of District No 1 Pcd Meba Afl-Cio Louisiana Realty 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
$60,167 (2022)
Expenses
$49,949 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60,167
  • Gross Receipts: $60,167

Assets and Liabilities:

  • Total Assets: $461,991
  • Total Liabilities: $327,309
  • Net Assets: $134,682

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Organization Details

Principal Officer

Adam Vokac

Main Address

444 NORTH CAPITOL STREET NW 800, WASHINGTON, DC, 20001

NTEE Category

Code: S47 - Community improvement

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