Overview
What is Operating Engineers Local 4 Building Holding Corp?
Operating Engineers Local 4 Building Holding Corp is a nonprofit organization that was established as a nominee by the union to hold title to real estate. Its primary purpose, as outlined in the description, is to serve as a property holder for the union. The corporation does not seem to have a direct mission or activities beyond this role, focusing solely on property management. The organization is based in Medway, Massachusetts, with the specific address given as 16 Trotter Drive.
Is Operating Engineers Local 4 Building Holding Corp legitimate?
Operating Engineers Local 4 Building Holding Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Operating Engineers Local 4 Building Holding 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 Operating Engineers Local 4 Building Holding Corp?
Operating Engineers Local 4 Building Holding Corp was established with a specific purpose. Serving as a nominee for the union, its primary role is to hold title to real estate. This corporation does not have a traditional mission statement focused on promoting social causes or providing services, but rather, it serves a practical function within the union by managing property holdings.
Who is the CEO of Operating Engineers Local 4 Building Holding Corp?
Michael Bowes is the Principal Officer of Operating Engineers Local 4 Building Holding Corp.
What is the revenue of Operating Engineers Local 4 Building Holding Corp?
Operating Engineers Local 4 Building Holding Corp's revenue in 2023 was $233,530.
Who are the executives of Operating Engineers Local 4 Building Holding Corp and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $335,136
- Other: $94,405
- Compensation: $0
- Related: $242,206
- Other: $92,955
- Compensation: $0
- Related: $247,365
- Other: $93,720
- Compensation: $0
- Related: $248,915
- Other: $94,113
- Compensation: $0
- Related: $249,581
- Other: $93,805
- Compensation: $0
- Related: $243,958
- Other: $92,942
Where can I find the form 990 for Operating Engineers Local 4 Building Holding Corp?
Operating Engineers Local 4 Building Holding Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Operating Engineers Local 4 Building Holding Corp
Operating Engineers Local 4 Building Holding Corp was established with a specific purpose. Serving as a nominee for the union, its primary mission was to hold title to real estate. This role allowed the corporation to manage and oversee the ownership of property on behalf of the union, ensuring the organization's interests were protected and maintained. While the corporation's mission may seem straightforward, it played a crucial role in supporting the union's operations and real estate management needs.
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Impact
October, 2024
Operating Engineers Local 4 Building Holding Corp significantly impacts the community by serving as the designated entity for holding title to real estate on behalf of the union. This organization plays a crucial role in managing properties that support the Operating Engineers, which enhances the union's ability to provide services and resources to its members. By safeguarding real estate assets, it enables the union to focus on community improvement initiatives while ensuring a stable foundation for its operations. This contributes to better overall conditions for union members and positively affects the surrounding community in Medway, Massachusetts.
This information is meant to be a general summary of Operating Engineers Local 4 Building Holding 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $201
- Program Service Revenue: $178,329
- Gross Receipts: $233,530
Assets and Liabilities:
- Total Assets: $1,679,704
- Total Liabilities: $3,275,050
- Net Assets: -$1,595,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM AFF
Revenue
$178,329
Organization Details
Founding Year
2020
Phone
(508) 533-1433Principal Officer
Michael Bowes
Main Address
16 TROTTER DRIVE, MEDWAY, MA, 02053
NTEE Category
Code: S47 - Community improvement
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