Building Corporation Local 1505 I B E W
- Assets
- $398.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woburn, MA
- Founding
- 12/1993
- Data as of
- 06/2021
- EIN
- 04-2193494
Organization Overview
Building Corporation Local 1505 I B E W is located in Woburn, MA. The organization was established in 1993. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Corporation Local 1505 I B E W is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Building Corporation Local 1505 I B E W generated $58.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $52.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FACILITIES FOR THE IBEW LOCAL 1505 TO CONDUCT THE BUSINESS OF THE UNION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Mahoney Director (p) | 1 | $0 | |
Vinnie Drago Director (p) | 1 | $0 | |
Dan Tgibedes Director | 1 | $0 | |
Chris Gianocopoulous Director (p) | 1 | $0 | |
Kevin Longtin President | 1 | $0 | |
Josh Roux Recording Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $58,500 |
| Total Revenue | $58,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $52,810 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $52,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,115 |
| Other assets | $0 |
| Total assets | $398,770 |
| Total liabilities | $165,869 |
| Net assets or fund balances | $232,901 |
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