Overview
What is Ufcw Local 1442 Building Corporation?
Ufcw Local 1442 Building Corporation is a real estate-focused nonprofit entity situated in Inglewood, California. Their primary objective is to maintain ownership of an office building, serving as a title holder in this regard. While their activities are primarily centered around real estate management, their mission is not to generate profits or engage in commercial transactions; rather, their primary purpose is to hold title to the office building in question.
Is Ufcw Local 1442 Building Corporation legitimate?
Ufcw Local 1442 Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ufcw Local 1442 Building 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:
Executive Compensation: $45,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,089
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What is the mission statement of Ufcw Local 1442 Building Corporation?
Ufcw Local 1442 Building Corporation, as a real estate organization, has a straightforward mission. Its primary objective is to maintain ownership of an office building. This mission ensures the organization's role in managing and maintaining the property, potentially providing services related to leasing, maintenance, or property management. The corporation's focus on holding title to an office building underlines its commitment to property management and real estate ownership.
Who is the CEO of Ufcw Local 1442 Building Corporation?
Michael Straeter is the President of Ufcw Local 1442 Building Corporation.
What is the revenue of Ufcw Local 1442 Building Corporation?
Ufcw Local 1442 Building Corporation's revenue in 2022 was $94,169.
Who are the executives of Ufcw Local 1442 Building Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $29,506
- Related: $212,993
- Other: $23,720
- Compensation: $4,575
- Related: $122,202
- Other: $15,895
- Compensation: $11,265
- Related: $75,350
- Other: $22,299
Where can I find the form 990 for Ufcw Local 1442 Building Corporation?
Ufcw Local 1442 Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ufcw Local 1442 Building Corporation
Ufcw Local 1442 Building Corporation is a real estate organization that holds the title to an office building. Its primary role is to manage and maintain this property, ensuring it serves its intended purpose as an office space. The corporation's mission is straightforward yet crucial, as it allows the organization to contribute to the local business community by providing a suitable workplace for various entities. By holding title to the building, Ufcw Local 1442 Building Corporation plays a significant role in the real estate sector, demonstrating its commitment to property management and maintenance.
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Impact
October, 2024
UFCW Local 1442 Building Corporation plays a significant role in the Inglewood community by holding title to an office building that serves as a focal point for local activities and services. This real estate organization contributes to community improvement by providing a space that can be utilized for various purposes, including support for the local workforce and opportunities for community engagement.
By maintaining an office building, the corporation can facilitate the organization and coordination of initiatives that benefit union members and their families. Its presence in Inglewood enhances access to resources and support services, fostering a sense of community among workers in the area. Moreover, the office building may also serve as a hub for educational programs, workshops, and events that empower members and promote positive change within the community.
Overall, UFCW Local 1442 Building Corporation significantly impacts Inglewood by ensuring that essential services and resources are accessible, thereby enhancing the well-being of the local workforce and contributing to the overall development of the community.
This information is meant to be a general summary of Ufcw Local 1442 Building 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 2022.
- Investment Income: $815
- Program Service Revenue: $93,354
- Gross Receipts: $94,169
Assets and Liabilities:
- Total Assets: $860,995
- Total Liabilities: $1,553,680
- Net Assets: -$692,685
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$93,354
Organization Details
Founding Year
1991
Phone
(310) 322-8329Principal Officer
Michael Straeter
Main Address
9075 S LA CIENEGA BLVD, INGLEWOOD, CA, 90301
NTEE Category
Code: S47 - Community improvement
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