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Nonprofiteer
← STRATFORD CORPORATION

Form 990 for tax year 2024

Filed by STRATFORD CORPORATION.

Totals

Total revenue
$73,388
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$7,782
Other revenue
$65,606
Total assets, end of year
$1,500,217
Total liabilities, end of year
$547,536
Net assets or fund balances, end of year
$952,681
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $7,782 · related or exempt $7,782

  • 6a · Gross rents

    real property $179,116

  • 6b · Less rental expenses

    real property $113,510

  • 6c · Rental income or loss

    real property $65,606

  • 6d · Net rental income or loss

    total $65,606 · related or exempt $65,606

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,681 · end of year $38,817

  • 2 · Savings and temporary cash investments

    beginning of year $112,751 · end of year $140,728

  • 4 · Accounts receivable

    end of year $709

  • 10a · Land, buildings and equipment: cost or other basis

    $2,568,744

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,248,781

  • 10c · Land, buildings and equipment, net

    beginning of year $1,348,361 · end of year $1,319,963

  • 17 · Accounts payable and accrued expenses

    end of year $141

  • 25 · Other liabilities

    beginning of year $595,032 · end of year $547,395

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $250,000 · end of year $250,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $630,761 · end of year $702,681

Mission and programs · 2024

Mission

TO MAINTAIN A BUILDING AT 626 NORTH FOURTH STREET, STEUBENVILLE, OHIO THAT WILL NOT ONLY HOUSE THE OFFICES OF IBEW LOCAL 246, BUT ALSO GENERATE REVENUE TO SUPPORT IBEW LOCAL 246 IN ITS MISSION TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS AND THEIR FAMILIES; TO SECURE ADEQUATE WAGES, WORKING CONDITIONS, AND OPPORTUNITIES OF EMPLOYMENT; TO ENCOURAGE ITS MEMBERS TO VOTE IN THE INTEREST OF OBTAINING HIGHER STANDARDS OF CITIZENSHIP; AND TO SECURE ADEQUATE LEGISLATION WHICH WILL PROMOTE PRINCIPLES OF FREE COLLECTIVE BARGAINING.

  • TO MAINTAIN A BUILDING AT 626 NORTH FOURTH STREET, STEUBENVILLE, OHIO THAT WILL NOT ONLY HOUSE THE OFFICES OF IBEW LOCAL 246, BUT ALSO GENERATE REVENUE TO SUPPORT IBEW LOCAL 246 IN ITS MISSION TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS AND THEIR FAMILIES; TO SECURE ADEQUATE WAGES, WORKING CONDITIONS, AND OPPORTUNITIES OF EMPLOYMENT; TO ENCOURAGE ITS MEMBERS TO VOTE IN THE INTEREST OF OBTAINING HIGHER STANDARDS OF CITIZENSHIP; AND TO SECURE ADEQUATE LEGISLATION WHICH WILL PROMOTE PRINCIPLES OF FREE COLLECTIVE BARGAINING.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Frank Redmond

    CHAIRMAN

    Total calculated
    $28,783
    From this org
    $0
    From related orgs
    $17,623
    Other
    $11,160
    Hours/week
    1 + 2 related

  • John Fenske

    TRUSTEE

    Total calculated
    $2,242
    From this org
    $0
    From related orgs
    $1,355
    Other
    $887
    Hours/week
    1 + 2 related

  • David Pietro

    SECRETARY

    Total calculated
    $2,372
    From this org
    $0
    From related orgs
    $1,448
    Other
    $924
    Hours/week
    1 + 2 related

  • Leonard Corona

    TRUSTEE

    Total calculated
    $2,290
    From this org
    $0
    From related orgs
    $1,426
    Other
    $864
    Hours/week
    1 + 2 related

  • Kevan Brown

    BUSINESS MANAGER

    Total calculated
    $264,995
    From this org
    $0
    From related orgs
    $179,190
    Other
    $85,805
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $179,190 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $69,005 related
    Nontaxable benefits
    $0 + $16,800 related
    Filer's total
    $0 + $264,995 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
23 October 2025
IRS schema version
2024v5.2
Source object
202503149349300620

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