Teamsters Building Association Of Seattle

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

EIN: 910275319 ✦ Tukwila, WA ✦ Designated as a 501(c)(2)

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Overview

What is Teamsters Building Association Of Seattle?

Teamsters Building Association of Seattle is a nonprofit organization, specifically a tax-exempt corporation, situated in Tukwila, Washington. Its primary objective is to own and manage buildings for the benefit of and for the occupancy by Teamster local unions. The membership of this corporation is restricted to Teamster local unions that house their offices in buildings the corporation owns or leases, with the current buildings being located at 14675 Interurban Avenue S, Tukwila, WA. This association, with a team of nine employees, provides a centralized space for Teamster local unions, enabling them to conduct their operations efficiently.

Is Teamsters Building Association Of Seattle legitimate?

Teamsters Building Association Of Seattle is a legitimate nonprofit organization registered as a 501(c)(2) entity. Teamsters Building Association Of Seattle 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: $10,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,466

For more financial information, click here

What is the mission statement of Teamsters Building Association Of Seattle?

The Teamsters Building Association of Seattle is a nonprofit organization with a mission to serve Teamster local unions. Its primary objective is to own and manage buildings, providing them for the benefit and occupation of these unions. Membership in the association is limited to Teamster local unions that maintain their offices in buildings owned or leased by the association. Currently, the association manages a building located in Tukwila, Washington. The association's purpose is to support Teamster unions by providing them with suitable office spaces.

Who is the CEO of Teamsters Building Association Of Seattle?

Chris Porter is the President of Teamsters Building Association Of Seattle.

What is the revenue of Teamsters Building Association Of Seattle?

Teamsters Building Association Of Seattle's revenue in 2022 was $804,241.

Who are the executives of Teamsters Building Association Of Seattle and what are their salaries?

The average compensation at Teamsters Building Association Of Seattle during 2022 was $19,141. There are 9 employees at Teamsters Building Association Of Seattle.


Here are 9 key members and their salaries:


Chris Porter (President)
  • Compensation: $5,800
  • Related: $0
  • Other: $0
Pete Lamb (Past President)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Anarudh Prasad (Trustee)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Richard Hicks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Powell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Baker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sullivan (Past Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scearcy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Bunstine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teamsters Building Association Of Seattle?

Teamsters Building Association Of Seattle's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teamsters Building Association Of Seattle

The Teamsters Building Association of Seattle is a nonprofit organization dedicated to serving the Teamsters local unions. Its primary mission is to own and manage buildings, providing them for the benefit and occupancy of these unions. This corporation restricts its membership to Teamster local unions that maintain their offices within the buildings it owns or leases. This initiative ensures that the unions have suitable spaces to conduct their operations, thereby fostering a conducive environment for their operations. The association's mission underscores its commitment to supporting the Teamsters unions, providing them with the necessary infrastructure to carry out their activities effectively.

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Impact




October, 2024

Teamsters Building Association of Seattle has a significant impact on the local labor community by providing a dedicated space for Teamster local unions. By owning and operating buildings specifically for these unions, the association facilitates a centralized location where unions can conduct activities, hold meetings, and strengthen their operations. This intentional focus on union needs enhances collaboration among teamsters, fostering a sense of community and shared purpose.

Located in Tukwila, Washington, the association plays a crucial role in ensuring that union offices are accessible and equipped to serve their members effectively. This proximity to essential resources allows for improved communication and organization within the Teamster community. By supporting the stability and functionality of these offices, the association contributes to the overall strength of labor representation in the region.

Furthermore, the association's commitment to the Teamster local unions aligns with broader community improvement initiatives. By prioritizing the needs of union members, the organization helps to elevate workers' voices, advance labor rights, and promote social justice within the workplace, thereby positively influencing the local economy and community dynamics.




This information is meant to be a general summary of Teamsters Building Association Of Seattle. 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
$804,241 (2022)
Expenses
$1,116,355 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $741,514
  • Gross Receipts: $804,241

Assets and Liabilities:

  • Total Assets: $5,887,594
  • Total Liabilities: $32
  • Net Assets: $5,887,562

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$741,514

Organization Details

Founding Year

1934

Principal Officer

Chris Porter

Main Address

14675 Interurban Ave S Suite 307, Tukwila, WA, 98168

NTEE Category

Code: S47 - Community improvement

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