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Nonprofiteer
← LOCAL UNION 488 IBEW BUILDING CORPORATION

Form 990 for tax year 2022

Filed by LOCAL UNION 488 IBEW BUILDING CORPORATION.

Totals

Total revenue
$487,695
Total expenses
$325,280
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$486,392
Investment income
$1,303
Other revenue
$0
Total assets, end of year
$4,804,046
Total liabilities, end of year
$1,481,539
Net assets or fund balances, end of year
$3,322,507
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
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.

  • 2a · Program service revenue: MEMBERS' DUES AND ASSE

    total $341,620 · related or exempt $341,620

  • 2b · Program service revenue: RENTAL INCOME

    total $133,501 · related or exempt $133,501

  • 2c · Program service revenue: MORTGAGE INTEREST REFU

    total $11,271 · related or exempt $11,271

  • 3 · Investment income

    total $1,303 · excluded $1,303

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $1,218

  • 13 · Office expenses

    total $93

  • 16 · Occupancy

    total $140,777

  • 20 · Interest

    total $62,795

  • 22 · Depreciation, depletion and amortization

    total $120,397

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $75,487 · end of year $63,733

  • 2 · Savings and temporary cash investments

    beginning of year $225,029 · end of year $256,056

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

    $5,856,022

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

    $1,371,765

  • 10c · Land, buildings and equipment, net

    beginning of year $4,604,654 · end of year $4,484,257

  • 23 · Secured mortgages and notes payable

    beginning of year $1,537,684 · end of year $1,472,568

  • 25 · Other liabilities

    beginning of year $8,971 · end of year $8,971

  • 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 $3,358,515 · end of year $3,322,507

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Listed in Part VII

  • TRAVIS E GERALD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • WILLIAM T COLE

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • RICHARD L DABROWSKI

    PRESIDENT (P)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JEROME WHITE

    RECORDING SECRETARY

    Total calculated
    $154,713
    From this org
    $0
    From related orgs
    $94,617
    Other
    $60,096
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $94,617 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $37,443 related
    Nontaxable benefits
    $0 + $22,653 related
    Filer's total
    $0 + $154,713 related
  • DANIEL W MCINERNEY

    BUSINESS MANAGER/FIN SEC

    Total calculated
    $197,804
    From this org
    $0
    From related orgs
    $128,762
    Other
    $69,042
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $128,762 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $42,989 related
    Nontaxable benefits
    $0 + $26,053 related
    Filer's total
    $0 + $197,804 related
  • ANTHONY CAVALLI

    ASST BUS MGR/EXEC BOARD (P)

    Total calculated
    $175,849
    From this org
    $0
    From related orgs
    $111,280
    Other
    $64,569
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $111,280 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $40,216 related
    Nontaxable benefits
    $0 + $24,353 related
    Filer's total
    $0 + $175,849 related
  • JOHN S ROMAN

    EXEC BOARD (P)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • KEVIN DUBOIS

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ROBERT NITSCHE

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • RYAN DONALDSON

    EXEC BOARD (P)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JOHN J GULINO

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • AMIL C LOCKWOOD

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • PETER MARIN

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • STEPHEN J RODRIGUES

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JENN NORMAND

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • GEORGE MEIER

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JOHN FOTOPOULUS

    EXEC BOARD

    Total calculated
    $0
    Hours/week
    1 + 1 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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
7 June 2023
IRS schema version
2022v5.0
Source object
202341589349300424

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