Overview
What is Ub Of C & J 925 Housing Sponsorship Corporation?
Ub Of C & J 925 Housing Sponsorship Corporation is a nonprofit public benefit corporation, headquartered in Marina, California. Established with the legal title of its assets held by the United Brotherhood of Carpenters and Joiners of America, Local 925, this organization serves as a trust for the benefit of the local union. The corporation primarily holds assets such as a note receivable in connection with real estate property sales, the proceeds of which support the local union's activities. The Housing Sponsorship Corporation's mission is to manage these assets for the benefit of the United Brotherhood of Carpenters and Joiners of America, Local 925.
Is Ub Of C & J 925 Housing Sponsorship Corporation legitimate?
Ub Of C & J 925 Housing Sponsorship Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ub Of C & J 925 Housing Sponsorship 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:
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What is the mission statement of Ub Of C & J 925 Housing Sponsorship Corporation?
The Ub Of C & J 925 Housing Sponsorship Corporation, previously known as UB of C & J 925 Housing, serves as a nonprofit public benefit corporation. Its primary mission is to manage assets entrusted to the United Brotherhood of Carpenters and Joiners of America, Local 925. The corporation, having incorporated in California, holds these assets for the benefit of the same local union. The legal title of all assets is held by the United Brotherhood of Carpenters and Joiners of America, Local 925, Housing Sponsorship Corporation, a nonprofit corporation. The organization manages various assets, such as a note receivable from the sale of real estate property, which ultimately benefits the United Brotherhood of Carpenters and Joiners of America, Local 925.
What is the revenue of Ub Of C & J 925 Housing Sponsorship Corporation?
Ub Of C & J 925 Housing Sponsorship Corporation's revenue in 2024 was $501,306.
Who are the executives of Ub Of C & J 925 Housing Sponsorship Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Ub Of C & J 925 Housing Sponsorship Corporation?
Ub Of C & J 925 Housing Sponsorship Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ub Of C & J 925 Housing Sponsorship Corporation
Ub Of C & J Housing Sponsorship Corporation, a nonprofit entity, is entrusted with assets belonging to the United Brotherhood of Carpenters and Joiners of America, Local 925. The organization's mission, in its capacity as a public benefit corporation, is to manage these assets in a manner that benefits the aforementioned local union. As per the given information, the corporation holds various assets, including a note receivable derived from the sale of real estate property. The proceeds from these assets are intended to support the United Brotherhood of Carpenters and Joiners of America, Local 925. In essence, Ub Of C & J Housing Sponsorship Corporation serves as a steward of the assets, ensuring their utilization for the benefit of the local union.
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Impact
October, 2024
Ub Of C & J 925 Housing Sponsorship Corporation plays a crucial role in supporting the United Brotherhood of Carpenters and Joiners of America, Local 925, by managing assets that directly benefit its members. By holding legal title to essential assets and facilitating financial transactions, such as a note receivable related to real estate sales, the corporation enables significant funding for initiatives that support the local carpenter community.
The proceeds from these transactions are reinvested to enhance employment opportunities, provide resources, and ensure the financial stability of the union. Located in Marina, California, the corporation's efforts help strengthen the labor force, contributing to the overall well-being of its members and the broader community in which they operate. By focusing on asset management and community benefits, Ub Of C & J 925 Housing Sponsorship Corporation fosters an environment of empowerment and growth for carpenters and joiners, reinforcing solidarity and enhancing employment prospects in the area.
This information is meant to be a general summary of Ub Of C & J 925 Housing Sponsorship 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 2024.
- Investment Income: $27,290
- Program Service Revenue: $474,016
- Gross Receipts: $501,306
Assets and Liabilities:
- Total Assets: $29,073,547
- Total Liabilities: $0
- Net Assets: $29,073,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program revenues
Revenue
$474,016
Organization Details
Founding Year
1973
Principal Officer
Pabla Sanchez
NTEE Category
Code: J400 - Employment
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