Skip to content
Nonprofiteer
← IBEW LOCAL 292 BUILDING CORPORATION

Form 990 for tax year 2022

Filed by IBEW LOCAL 292 BUILDING CORPORATION.

Totals

Total revenue
$2,668,705
Total expenses
$379,938
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$2,668,705
Total assets, end of year
$9,267,967
Total liabilities, end of year
$2,264,235
Net assets or fund balances, end of year
$7,003,732
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.

  • 6a · Gross rents

    real property $337,200

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $337,200

  • 6d · Net rental income or loss

    total $337,200 · related or exempt $337,200

  • 11a · Other revenue: TRANSFER FROM LOCAL UNION

    total $2,331,505 · excluded $2,331,505

  • 11e · Other revenue, total

    $2,331,505

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $2,628

  • 11c · Fees: accounting

    total $3,250

  • 13 · Office expenses

    total $229

  • 20 · Interest

    total $84,857

  • 22 · Depreciation, depletion and amortization

    total $274,400

  • 23 · Insurance

    total $11,965

  • 24a · Other expenses: TRANSFER TO LOCAL UNION

    total $2,609

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $81,687 · end of year $185,067

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

    $9,818,338

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

    $735,438

  • 10c · Land, buildings and equipment, net

    beginning of year $9,174,954 · end of year $9,082,900

  • 15 · Other assets

    beginning of year $187,961 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $4,729,637 · end of year $2,264,235

  • 27 · Net assets without donor restrictions

    beginning of year $4,714,965 · end of year $7,003,732

Mission and programs · 2022

Mission

TO HOLD TITLE TO PROPERTY THAT IS OCCUPIED BY INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 292

Activities or mission (Part I)

BUILDING CORPORATION

  • TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THE PROPERTY AND PAY EXPENSES OF THE PROPERTY, AND TURN OVER ANY REMAINING INCOME TO AN ORGANIZATION WHICH ITSELF IS EXEMPT FROM TAXES.

As filed on the 2022 return.

Listed in Part VII

  • JEFFREY HEIMERL

    BUSINESS MANAGER

    Total calculated
    $234,391
    From this org
    $0
    From related orgs
    $169,203
    Other
    $65,188
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $169,203 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $43,065 related
    Nontaxable benefits
    $0 + $22,123 related
    Filer's total
    $0 + $234,391 related

  • DANIEL FERGUSON

    PRESIDENT/BUSINESS REP

    Total calculated
    $187,322
    From this org
    $0
    From related orgs
    $131,842
    Other
    $55,480
    Hours/week
    1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $131,842 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,357 related
    Nontaxable benefits
    $0 + $22,123 related
    Filer's total
    $0 + $187,322 related

  • JOHN KRIPOTOS

    VICE PRESIDENT/BUSINESS REP

    Total calculated
    $187,322
    From this org
    $0
    From related orgs
    $131,842
    Other
    $55,480
    Hours/week
    1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $131,842 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,357 related
    Nontaxable benefits
    $0 + $22,123 related
    Filer's total
    $0 + $187,322 related

  • DAVID FRARY

    TREASURER/BUSINESS REP

    Total calculated
    $187,322
    From this org
    $0
    From related orgs
    $131,842
    Other
    $55,480
    Hours/week
    1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $131,842 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,357 related
    Nontaxable benefits
    $0 + $22,123 related
    Filer's total
    $0 + $187,322 related

  • TODD HUTTNER

    RECORDING SECRETARY

    Total calculated
    $3,229
    From this org
    $0
    From related orgs
    $2,932
    Other
    $297
    Hours/week
    0.1 + 0.3 related

  • JENNIFER MUDGE

    FIN SEC/ASST BUSINESS MGR

    Total calculated
    $199,792
    From this org
    $0
    From related orgs
    $141,782
    Other
    $58,010
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $141,782 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $35,887 related
    Nontaxable benefits
    $0 + $22,123 related
    Filer's total
    $0 + $199,792 related

  • KEITH ANDERSON

    EXECUTIVE BOARD

    Total calculated
    $5,104
    From this org
    $0
    From related orgs
    $3,647
    Other
    $1,457
    Hours/week
    0.1 + 0.3 related

  • ANTHONY CARTER

    EXECUTIVE BOARD

    Total calculated
    $3,380
    From this org
    $0
    From related orgs
    $2,280
    Other
    $1,100
    Hours/week
    0.1 + 0.3 related

  • MYLES LEMBKE

    EXECUTIVE BOARD

    Total calculated
    $7,761
    From this org
    $0
    From related orgs
    $5,395
    Other
    $2,366
    Hours/week
    0.1 + 0.3 related

  • DEAN LEWIS

    EXECUTIVE BOARD

    Total calculated
    $938
    From this org
    $0
    From related orgs
    $938
    Other
    $0
    Hours/week
    0.1 + 0.3 related

  • DANIEL MCCONNELL

    EXECUTIVE BOARD

    Total calculated
    $838
    From this org
    $0
    From related orgs
    $838
    Other
    $0
    Hours/week
    0.1 + 0.3 related

  • JEFFREY ORTH

    EXECUTIVE BOARD

    Total calculated
    $9,329
    From this org
    $0
    From related orgs
    $6,519
    Other
    $2,810
    Hours/week
    0.1 + 0.3 related

  • CHRISTINE ULM

    EXECUTIVE BOARD

    Total calculated
    $7,217
    From this org
    $0
    From related orgs
    $5,092
    Other
    $2,125
    Hours/week
    0.1 + 0.3 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
20 April 2023
IRS schema version
2022v5.0
Source object
202331189349301473

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.