Overview
What is Local Union 605 Electrical Workers Building Association Inc?
Local Union 605 Electrical Workers Building Association Inc is a real estate holding corporation, serving as the ownership and maintenance entity for the property utilized by IBEW Local Union No. 605 for meetings and administrative purposes. This nonprofit organization, situated in Crystal Springs, Mississippi, primarily focuses on providing a suitable space for the electrical workers' union to conduct their operations effectively. The association's mission aligns with supporting the local union, ensuring they have a well-maintained facility to carry out their activities, including meetings and administrative tasks.
Is Local Union 605 Electrical Workers Building Association Inc legitimate?
Local Union 605 Electrical Workers Building Association Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Local Union 605 Electrical Workers Building Association 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
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What is the mission statement of Local Union 605 Electrical Workers Building Association Inc?
The Local Union 605 Electrical Workers Building Association Inc serves as a real estate holding corporation for the International Brotherhood of Electrical Workers (IBEW) Local Union 605. Its primary mission is to manage and maintain property, which is utilized by IBEW Local Union No. 605 for meetings and administrative purposes. This organization plays a crucial role in providing a suitable space for the union's activities, ensuring the smooth operation of their meetings and administrative tasks.
What is the revenue of Local Union 605 Electrical Workers Building Association Inc?
Local Union 605 Electrical Workers Building Association Inc's revenue in 2024 was $50,689.
Who are the executives of Local Union 605 Electrical Workers Building Association Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Local Union 605 Electrical Workers Building Association Inc?
Local Union 605 Electrical Workers Building Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Local Union 605 Electrical Workers Building Association Inc
Local Union 605 Electrical Workers Building Association Inc serves as a real estate holding corporation for IBEW Local Union No. 605. Its primary mission is to oversee and maintain properties utilized by IBEW Local Union No. 605 for meetings and administrative purposes. By doing so, the association ensures that the union has an appropriate space to conduct their operations and gatherings, thereby supporting the functioning and growth of IBEW Local Union No. 605.
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Impact
October, 2024
Local Union 605 Electrical Workers Building Association Inc plays a significant role in supporting the infrastructure and activities of the International Brotherhood of Electrical Workers (IBEW) Local Union 605 in Crystal Springs, MS. By managing and maintaining properties utilized for meetings and administrative purposes, the association ensures that union members have a dedicated space to gather, collaborate, and conduct union business. This not only fosters community among the members but also facilitates the union's mission of advocating for workers' rights and improving working conditions in the electrical industry.
The association contributes to community improvement by providing a well-maintained environment where educational programs, training sessions, and meetings can take place. This enhances the professional development of members and strengthens the union's ability to advocate for its members. Additionally, the presence of the union facility can have a positive impact on the local economy by attracting events, promoting local jobs, and enhancing community engagement. Overall, Local Union 605 Electrical Workers Building Association Inc is a cornerstone of support for its members and a promoter of community enhancement in Crystal Springs.
This information is meant to be a general summary of Local Union 605 Electrical Workers Building Association 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 2024.
- Investment Income: $34,791
- Program Service Revenue: $29,000
- Gross Receipts: $122,964
Assets and Liabilities:
- Total Assets: $496,679
- Total Liabilities: $0
- Net Assets: $496,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENT FROM IBEW 605
Revenue
$29,000
Organization Details
Founding Year
1980
Principal Officer
Grady Hollowell
NTEE Category
Code: S47 - Community improvement
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