Overview
What is Asbestos Workers International Holding Company?
Asbestos Workers International Holding Company is a nonprofit organization situated in Lanham, Maryland. Its primary mission is to secure ownership of real estate properties and generate income by managing these assets, while deducting expenses. Ultimately, the surplus earnings are transferred to a related exempt organization, further supporting its charitable activities.
Official website here: www.insulators.org
Is Asbestos Workers International Holding Company legitimate?
Asbestos Workers International Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Asbestos Workers International Holding Company 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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Official website here: www.insulators.org
What is the mission statement of Asbestos Workers International Holding Company?
The Asbestos Workers International Holding Company's mission is centered around its primary exempt purpose. It aims to hold title to real property, generate income, and then distribute the remaining balance after expenses to a related exempt organization. This activity is carried out with the intent of supporting the operations of this related organization. The company does not engage in any other significant activities or have a public-facing mission, as its primary role is property management and income distribution.
Official website here: www.insulators.org
Who is the CEO of Asbestos Workers International Holding Company?
Terrance Larkin is the President of Asbestos Workers International Holding Company.
Official website here: www.insulators.org
What is the revenue of Asbestos Workers International Holding Company?
Asbestos Workers International Holding Company's revenue in 2022 was $443,305.
Official website here: www.insulators.org
Who are the executives of Asbestos Workers International Holding Company and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $365,787
- Other: $13,570
- Compensation: $0
- Related: $232,502
- Other: $23,289
- Compensation: $0
- Related: $281,070
- Other: $35,254
- Compensation: $0
- Related: $257,703
- Other: $29,334
Official website here: www.insulators.org
Where can I find the form 990 for Asbestos Workers International Holding Company?
Asbestos Workers International Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.insulators.org
Learn more at the official website: www.insulators.org
Mission Statement of Asbestos Workers International Holding Company
Asbestos Workers International Holding Company's primary mission is focused on a specific, exempt purpose. This nonprofit organization holds title to real property, collects income, and subsequently, transfers the remaining balance to another exempt organization. By performing these functions, Asbestos Workers International Holding Company contributes to the financial well-being of a related, tax-exempt entity. The organization's role in this process is crucial, as it allows for the efficient allocation of resources towards exempt purposes, ultimately benefiting the wider community.
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Impact
October, 2024
Asbestos Workers International Holding Company plays a crucial role in managing real estate and financial resources specifically for the benefit of related exempt organizations. By holding title to real property, the company facilitates the generation of income, which, after accounting for expenses, is redirected to support affiliated entities. This financial architecture supports the overarching mission of related organizations, ensuring they have the resources necessary to operate effectively. The operation is rooted in a mission to maintain sustainable revenue streams that can reinforce the broader goals of those organizations, thereby contributing to the stability and growth of their initiatives.
This information is meant to be a general summary of Asbestos Workers International Holding Company. 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.
- Investment Income: $1,609
- Program Service Revenue: $438,874
- Gross Receipts: $443,305
Assets and Liabilities:
- Total Assets: $1,887,210
- Total Liabilities: $5,488
- Net Assets: $1,881,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERS' DUES AND ASSE
Revenue
$274,056
RENTAL INCOME
Revenue
$164,818
Organization Details
Founding Year
2002
Phone
(301) 731-9101Principal Officer
Terrance Larkin
Main Address
9602 MARTIN LUTHER KING HIGHWAY, LANHAM, MD, 207061839
Website
www.insulators.orgNTEE Category
Code: Z99 - Unknown
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