Overview
What is Retail Wholesale & Department Store Union Fraternal Realty Corporation?
Retail Wholesale & Department Store Union Fraternal Realty Corporation is a nonprofit entity based in Birmingham, Alabama. Its primary function involves holding title to property and generating income from it. This income is subsequently distributed to six other exempt organizations situated in the same city. By managing its real estate holdings, the corporation serves as a financial resource for these affiliated organizations, contributing to their operations and missions.
Is Retail Wholesale & Department Store Union Fraternal Realty Corporation legitimate?
Retail Wholesale & Department Store Union Fraternal Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Retail Wholesale & Department Store Union Fraternal Realty Corporation 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 Retail Wholesale & Department Store Union Fraternal Realty Corporation?
The Retail Wholesale and Department Store Union Fraternal Realty Corporation serves a unique purpose by holding title to property and collecting income derived from it. This income is then redistributed to six exempt organizations. By performing these functions, the corporation indirectly supports various initiatives, although the specific nature of these initiatives is not provided in the information provided.
Who is the CEO of Retail Wholesale & Department Store Union Fraternal Realty Corporation?
Randy Hadley is the President of Retail Wholesale & Department Store Union Fraternal Realty Corporation.
What is the revenue of Retail Wholesale & Department Store Union Fraternal Realty Corporation?
Retail Wholesale & Department Store Union Fraternal Realty Corporation's revenue in 2022 was $63,816.
Who are the executives of Retail Wholesale & Department Store Union Fraternal Realty Corporation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $220,235
- Other: $43,799
- Compensation: $0
- Related: $153,069
- Other: $34,651
- Compensation: $0
- Related: $112,124
- Other: $43,972
- Compensation: $0
- Related: $89,854
- Other: $38,339
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Retail Wholesale & Department Store Union Fraternal Realty Corporation?
Retail Wholesale & Department Store Union Fraternal Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Retail Wholesale & Department Store Union Fraternal Realty Corporation
Retail Wholesale & Department Store Union Fraternal Realty Corporation, a nonprofit entity, is primarily focused on managing property. It holds the title to various properties and generates income from them. This corporation then transfers the net income it earns to six exempt organizations located in Birmingham, Alabama. In essence, Retail Wholesale & Department Store Union Fraternal Realty Corporation serves as a financial intermediary, channeling income from its property holdings to support other charitable organizations. By doing so, it indirectly contributes to various causes supported by these organizations, although its direct involvement in these causes is not outlined in the provided information.
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Impact
October, 2024
Retail Wholesale & Department Store Union Fraternal Realty Corporation plays a crucial role in supporting community improvement initiatives in Birmingham, AL. By holding title to properties and managing income generation from these assets, the corporation effectively channels resources to six different exempt organizations in the area. This financial support directly benefits the local community, enhancing the capacity of these organizations to fulfill their missions. The ongoing income stream allows for enhanced programming, services, and resources that address various community needs, ultimately contributing to the overall well-being of Birmingham's residents.
This information is meant to be a general summary of Retail Wholesale & Department Store Union Fraternal 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56
- Program Service Revenue: $42,234
- Gross Receipts: $63,816
Assets and Liabilities:
- Total Assets: $491,521
- Total Liabilities: $20,690
- Net Assets: $470,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OFFICE RENT
Revenue
$41,109
UNION HALL RENT
Revenue
$1,125
Organization Details
Founding Year
1961
Phone
(205) 322-7462Principal Officer
Randy Hadley
Main Address
1901 10TH AVENUE SOUTH, BIRMINGHAM, AL, 35205
NTEE Category
Code: S47 - Community improvement
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