Overview
What is Iuec Local 8 Holding Company Inc?
Iuec Local 8 Holding Company Inc is a nonprofit organization, based in San Francisco, California, with the primary mission of managing property for the benefit of International Union of Elevator Constructors Local 8. This organization, which is also tax-exempt, holds title to real property and collects income generated from it, utilizing the revenues to cover related expenses. Essentially, Iuec Local 8 Holding Company Inc serves as a property management entity, ensuring the financial wellbeing of International Union of Elevator Constructors Local 8.
Is Iuec Local 8 Holding Company Inc legitimate?
Iuec Local 8 Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Iuec Local 8 Holding Company 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 Iuec Local 8 Holding Company Inc?
Iuec Local 8 Holding Company Inc's primary mission is centered around holding title to real property, with the sole purpose of benefiting the International Union of Elevator Constructors (IUEC) Local 8, another tax-exempt organization. The organization collects income from the property and manages related expenses, all for the benefit of IUEC Local 8. This is in line with IUEC Local 8's tax-exempt status under Section 501(a). In essence, Iuec Local 8 Holding Company Inc serves as a property holding entity, supporting the activities of IUEC Local 8.
Who is the CEO of Iuec Local 8 Holding Company Inc?
Matt Russo is the President of Iuec Local 8 Holding Company Inc.
What is the revenue of Iuec Local 8 Holding Company Inc?
Iuec Local 8 Holding Company Inc's revenue in 2022 was $27,263.
Who are the executives of Iuec Local 8 Holding Company Inc and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $15,133
- Other: $3,823
- Compensation: $0
- Related: $11,652
- Other: $2,897
- Compensation: $0
- Related: $3,461
- Other: $0
- Compensation: $0
- Related: $196,689
- Other: $83,646
- Compensation: $0
- Related: $142,652
- Other: $62,191
- Compensation: $0
- Related: $194,958
- Other: $83,646
- Compensation: $0
- Related: $77,920
- Other: $28,089
- Compensation: $0
- Related: $3,772
- Other: $77
- Compensation: $0
- Related: $721
- Other: $193
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $60,922
- Other: $25,578
- Compensation: $0
- Related: $155,234
- Other: $60,994
- Compensation: $0
- Related: $104,978
- Other: $47,455
Where can I find the form 990 for Iuec Local 8 Holding Company Inc?
Iuec Local 8 Holding Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iuec Local 8 Holding Company Inc
Iuec Local 8 Holding Company Inc, as a holding entity, serves a unique purpose. Its primary mission is to uphold the title of real property exclusively for I.U.E.C. Local 8, a tax-exempt organization. This organization, in turn, is dedicated to the advancement of the International Union of Elevator Constructors. The role of Iuec Local 8 Holding Company Inc is to collect income derived from the property and manage related expenses, all with the aim of benefiting I.U.E.C. Local 8. This local union, too, operates under tax-exempt status, as defined under Section 501(a). In essence, Iuec Local 8 Holding Company Inc acts as a steward of property, ensuring its income is utilized effectively to support the activities and interests of I.U.E.C. Local 8.
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Impact
October, 2024
Iuec Local 8 Holding Company Inc plays a significant role in supporting the International Union of Elevator Constructors (I.U.E.C. Local 8) by holding title to real property. This property generates income that is used to cover associated expenses, ultimately benefiting the union's members and operations. By managing real estate assets specifically for the union, the holding company ensures that resources are allocated effectively to support the community of elevator constructors in the San Francisco area.
The organization’s investment in property contributes to community improvement by providing a stable foundation for the union's activities. This stability allows I.U.E.C. Local 8 to focus on its mission of representing and advocating for its members, thus enhancing their working conditions and promoting their professional interests. Additionally, by maintaining and managing these assets, the holding company indirectly fosters job security and growth within the elevator construction sector, which is essential for regional economic development. Through its functions, Iuec Local 8 Holding Company Inc strengthens the union's capacity to serve its members and promote advancements in the industry.
This information is meant to be a general summary of Iuec Local 8 Holding Company 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.
- Investment Income: $107
- Gross Receipts: $240,107
Assets and Liabilities:
- Total Assets: $2,011,897
- Total Liabilities: $1,782,467
- Net Assets: $229,430
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Organization Details
Founding Year
1997
Phone
(415) 285-2900Principal Officer
Matt Russo
Main Address
690 POTRERO AVENUE, SAN FRANCISCO, CA, 94110
NTEE Category
Code: S47 - Community improvement
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