Ufcw Locl 1625 Building Corp

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

EIN: 842214309 ✦ Lakeland, FL ✦ Designated as a 501(c)(2)

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Overview

What is Ufcw Locl 1625 Building Corp?

UFCW Locl 1625 Building Corp is a nonprofit organization with a unique mission. They hold the title to a property and earn rental income from it. Their primary goal is to subsequently transfer the entire income, after deducting expenses, to United Food and Commercial Workers Union Local 1625. The organization's activities primarily revolve around managing the property and generating income through rent. Their role is crucial in supporting the union's operations without directly engaging in union-related activities.

Is Ufcw Locl 1625 Building Corp legitimate?

Ufcw Locl 1625 Building Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ufcw Locl 1625 Building Corp 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 Ufcw Locl 1625 Building Corp?

UFCW Locl 1625 Building Corp's primary mission is to manage a property, collecting rental income, and then transferring the net income to United Food and Commercial Workers Union Local 1625, as required by IRS Section 501c2. Their main activities involve maintaining the property and collecting rent from tenants. The corporation's primary objective is to ensure the efficient management of the property, with the ultimate goal of financially supporting UFCW Local 1625. The organization does not engage in any additional programs or services beyond property management and rental income collection.

Who is the CEO of Ufcw Locl 1625 Building Corp?

Ed Chambers is the Director of Ufcw Locl 1625 Building Corp.

What is the revenue of Ufcw Locl 1625 Building Corp?

Ufcw Locl 1625 Building Corp's revenue in 2022 was -$29,961.

Who are the executives of Ufcw Locl 1625 Building Corp and what are their salaries?


Here are 3 key members and their salaries:


Edward K Chambers (Director)
  • Compensation: $0
  • Related: $178,658
  • Other: $0
Gary Parody Jr (Director)
  • Compensation: $0
  • Related: $110,846
  • Other: $0
Elizabeth Troller (Director)
  • Compensation: $0
  • Related: $65,163
  • Other: $0
Where can I find the form 990 for Ufcw Locl 1625 Building Corp?

Ufcw Locl 1625 Building Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ufcw Locl 1625 Building Corp

UFCW Locl 1625 Building Corp, a nonprofit organization, is primarily engaged in holding the title to a property and collecting rent from it. Its primary mission is to manage this property effectively, ensuring that the entire income received, less any necessary expenses, is then transferred to United Food and Commercial Workers Union Local 1625. In essence, the corporation serves as a financial intermediary, contributing to the Union's resources by efficiently managing the rental income from its property holdings.

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Impact




October, 2024

UFCW Local 1625 Building Corp significantly impacts the local community by managing and maintaining properties that generate income for the United Food and Commercial Workers Union Local 1625. By holding the title to these properties and collecting rent, the organization ensures a steady revenue stream that supports union activities. This financial support enables the union to advocate effectively for workers' rights, providing essential services and resources to its members. Moreover, through its property management, UFCW Local 1625 Building Corp contributes to community improvement and stability, enhancing the quality of life for both union members and the broader Lakeland, FL area.




This information is meant to be a general summary of Ufcw Locl 1625 Building Corp. 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
-$29,961 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $64,000

Assets and Liabilities:

  • Total Assets: $676,882
  • Total Liabilities: $546,637
  • Net Assets: $130,245

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Organization Details

Founding Year

2019

Principal Officer

Ed Chambers

Main Address

5600 US Hwy 98 North APT 3, Lakeland, FL, 33809

NTEE Category

Code: S47 - Community improvement

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