Overview
What is Drywall Pension Fund Building Fund Inc?
Drywall Pension Building Fund Inc is a specialized nonprofit organization located in Long Island City, New York. Its primary role is to act as a title-holding company for the Drywall Pension Building Fund. This means it owns, operates, and holds properties or assets on behalf of the pension fund, either directly or through a Limited Liability Company. The organization's sole purpose is to support the pension fund in its operations, ensuring a secure and stable future for its members.
Is Drywall Pension Fund Building Fund Inc legitimate?
Drywall Pension Fund Building Fund Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Drywall Pension Fund Building Fund 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 Drywall Pension Fund Building Fund Inc?
The Drywall Pension Fund Building Fund Inc serves as a title holding company for a pension fund. Its sole purpose is to own, manage, and hold properties, either directly or indirectly through a limited liability company, on behalf of the Drywall Pension Building Fund. This entity operates with the objective of supporting and fulfilling the investment needs of the pension fund.
Who is the CEO of Drywall Pension Fund Building Fund Inc?
Joseph Azzopardi is the Trustee of Drywall Pension Fund Building Fund Inc.
What is the revenue of Drywall Pension Fund Building Fund Inc?
Drywall Pension Fund Building Fund Inc's revenue in 2022 was $189,010.
Who are the executives of Drywall Pension Fund Building Fund Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Drywall Pension Fund Building Fund Inc?
Drywall Pension Fund Building Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Drywall Pension Fund Building Fund Inc
Drywall Pension Fund Building Fund Inc, as a title holding company, serves a singular purpose on behalf of the Drywall Pension Building Fund. This purpose is twofold: to own and operate properties, and to hold them, either directly or indirectly through a limited liability company. This role is instrumental in fulfilling the needs of the Drywall Pension Building Fund. By performing these duties, Drywall Pension Fund Building Fund Inc plays a crucial part in managing the assets of the pension fund, ensuring its continued financial stability and growth.
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Impact
October, 2024
Drywall Pension Fund Building Fund Inc plays a crucial role in supporting the financial stability and sustainability of the Drywall Pension Fund. By owning and operating properties on behalf of the Pension Fund, it ensures that the assets are managed effectively, contributing to the long-term viability of the pension system. This, in turn, impacts the lives of many individuals who rely on the pension for their retirement income, fostering a sense of security and community well-being.
Additionally, the organization’s focus on property management and maintenance helps enhance local infrastructure, which aligns with community improvement objectives. Projects undertaken by the Building Fund can also create job opportunities and stimulate local economic growth, thereby benefiting the wider community in Long Island City, NY. Overall, Drywall Pension Fund Building Fund Inc significantly influences both the financial health of pension beneficiaries and the betterment of the surrounding community.
This information is meant to be a general summary of Drywall Pension Fund Building Fund 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 2022.
- Program Service Revenue: $189,010
- Gross Receipts: $189,010
Assets and Liabilities:
- Total Assets: $5,779,110
- Total Liabilities: $0
- Net Assets: $5,779,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$189,010
Organization Details
Founding Year
2021
Phone
(718) 361-1770Principal Officer
Joseph Azzopardi
Main Address
36-18 33RD STREET, LONG ISLAND CITY, NY, 11106
NTEE Category
Code: S47 - Community improvement
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