Overview
What is Utilibew Inc?
Utilibew Inc is a real estate title-holding corporation, entirely owned by I.B.E.W. Local Union No. 18. Its primary function is to manage property, with rental payments from the union covering its operational expenses. This corporation serves as a vital asset to I.B.E.W. Local Union No. 18, helping to manage their property-related needs effectively.
Is Utilibew Inc legitimate?
Utilibew Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Utilibew 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
For more financial information, click here
What is the mission statement of Utilibew Inc?
Utilibew Inc, being a real estate title-holding corporation entirely owned by I.B.E.W. Local Union No. 18, operates with a purpose. It charges rent to the union to cover its operational expenses. However, the provided information does not disclose a specific mission statement outlining the organization's objectives or goals beyond its primary function as a landlord for the union.
Who is the CEO of Utilibew Inc?
Gustavo Corona is the Business Mgr/Financial Sec'Y of Utilibew Inc.
What is the revenue of Utilibew Inc?
Utilibew Inc's revenue in 2022 was $588,000.
Who are the executives of Utilibew Inc and what are their salaries?
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $317,950
- Other: $89,715
- Compensation: $0
- Related: $253,997
- Other: $86,097
- Compensation: $0
- Related: $255,965
- Other: $76,453
- Compensation: $0
- Related: $243,483
- Other: $78,082
- Compensation: $0
- Related: $221,308
- Other: $70,543
- Compensation: $0
- Related: $221,111
- Other: $70,543
- Compensation: $0
- Related: $135,577
- Other: $41,886
- Compensation: $0
- Related: $98,145
- Other: $37,048
- Compensation: $0
- Related: $25,062
- Other: $0
- Compensation: $0
- Related: $11,781
- Other: $0
- Compensation: $0
- Related: $11,415
- Other: $0
- Compensation: $0
- Related: $9,696
- Other: $0
- Compensation: $0
- Related: $9,545
- Other: $0
- Compensation: $0
- Related: $6,596
- Other: $0
- Compensation: $0
- Related: $5,923
- Other: $0
- Compensation: $0
- Related: $824
- Other: $0
- Compensation: $0
- Related: $651
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Utilibew Inc?
Utilibew Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Utilibew Inc
Utilibew Inc, a real estate title-holding corporation, is an entity wholly-owned by I.B.E.W. Local Union No. 18. The primary function of Utilibew Inc is to collect rent from I.B.E.W. Local Union No. 18, which is used to cover the operational expenses of the corporation. In essence, Utilibew Inc serves as a financial intermediary for I.B.E.W. Local Union No. 18, ensuring the smooth operation of its real estate affairs. This corporation does not seem to have a mission focused on community service or social impact, as indicated by the given information.
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Impact
October, 2024
Utilibew Inc plays a significant role in supporting the activities of I.B.E.W. Local Union No. 18 through its real estate title-holding services. By managing property and charging rent to the union, Utilibew Inc ensures that essential operational expenses are covered. This setup not only helps maintain the financial stability of the union but also contributes to the overall betterment of the community in Los Angeles, California. The operation of Utilibew Inc facilitates community improvement initiatives by enabling the union to allocate resources effectively towards its mission.
This information is meant to be a general summary of Utilibew 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: $588,000
- Gross Receipts: $588,000
Assets and Liabilities:
- Total Assets: $5,058,847
- Total Liabilities: $1,867,371
- Net Assets: $3,191,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT ALLOCATION - I.B.E.W. LOCAL
UNION NO. 18
Revenue
$588,000
Organization Details
Founding Year
1947
Phone
(213) 387-8274Principal Officer
Gustavo Corona
Main Address
4189 W Second St, Los Angeles, CA, 90004
NTEE Category
Code: S47 - Community improvement
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