Overview
What is Cinelect Inc?
Cinelect Inc, located in Cincinnati, Ohio, is a nonprofit organization with a specific mission. Its primary purpose is to invest in real estate and personal property, which will later be utilized by Local Union No. 212 I.B.E.W. and other associated labor organizations. This investment strategy aims to provide these organizations with the necessary resources to carry out their operations effectively. Although the information provided does not specify the nature of the labor organizations or the scope of their activities, it is clear that Cinelect Inc plays a crucial role in supporting them through real estate investments.
Is Cinelect Inc legitimate?
Cinelect Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cinelect Inc 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 Cinelect Inc?
Cinelect Inc's mission is centered around investing in real estate and personal property. This investment is primarily intended for the use of Local Union No. 212 I.B.E.W. and associated labor organizations. The goal is to provide them with necessary spaces, thereby supporting these organizations in their operations. This investment strategy contributes to the broader objectives of these labor organizations, ultimately benefiting the community they serve. It's important to note that Cinelect Inc's role is purely financing and facility provision, not operation or management of these organizations.
Who is the CEO of Cinelect Inc?
Richard Fischer is the Trustee Dire of Cinelect Inc.
What is the revenue of Cinelect Inc?
Cinelect Inc's revenue in 2022 was -$100,943.
Who are the executives of Cinelect Inc and what are their salaries?
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $117,712
- Other: $53,041
- Compensation: $0
- Related: $99,055
- Other: $51,077
- Compensation: $0
- Related: $98,056
- Other: $51,077
- Compensation: $0
- Related: $97,395
- Other: $51,077
- Compensation: $0
- Related: $96,953
- Other: $51,077
- Compensation: $0
- Related: $96,301
- Other: $51,077
- Compensation: $0
- Related: $12,928
- Other: $2,515
- Compensation: $0
- Related: $8,394
- Other: $1,104
- Compensation: $0
- Related: $6,600
- Other: $0
- Compensation: $0
- Related: $6,291
- Other: $0
- Compensation: $0
- Related: $4,634
- Other: $635
- Compensation: $0
- Related: $4,717
- Other: $0
- Compensation: $0
- Related: $4,285
- Other: $313
- Compensation: $0
- Related: $4,117
- Other: $0
- Compensation: $0
- Related: $3,582
- Other: $269
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $2,400
- Other: $0
- Compensation: $0
- Related: $2,400
- Other: $0
Where can I find the form 990 for Cinelect Inc?
Cinelect Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cinelect Inc
Cinelect Inc, a organization, is committed to investing in real estate and personal property with the intention of utilizing them by Local Union No. 212 I.B.E.W. and other related labor organizations. The primary objective of Cinelect Inc is to provide these unions with suitable spaces, thereby supporting their operations and activities. By investing in property, Cinelect Inc contributes to the operational capabilities of these labor organizations, thereby facilitating their missions and objectives.
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Impact
October, 2024
Cinelect Inc plays a significant role in supporting local labor organizations, particularly Local Union No. 212 I.B.E.W. By investing in real estate and personal property, Cinelect helps secure essential resources and facilities for these unions, fostering a stronger community for workers and their families. This commitment not only enhances the operational capabilities of labor organizations but also contributes to community improvement by providing spaces for collaboration, training, and various union activities. The presence of such dedicated investments can lead to increased stability and opportunities for union members, ultimately benefiting the broader Cincinnati region through enhanced labor advocacy and community engagement.
This information is meant to be a general summary of Cinelect Inc. 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.
- Gross Receipts: $185,959
Assets and Liabilities:
- Total Assets: $2,632,423
- Total Liabilities: $71,517
- Net Assets: $2,560,906
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Organization Details
Founding Year
1973
Phone
(513) 559-0200Principal Officer
Richard Fischer
Main Address
212 CROWNE POINT PLACE, CINCINNATI, OH, 45241
NTEE Category
Code: S47 - Community improvement
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