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 06/2022, Building Corporation Local 1505 I B E W generated $57.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $47.6k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FACILITIES FOR THE IBEW LOCAL 1505 TO CONDUCT THE BUSINESS OF THE UNION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Tgibedes Director | 1 | $0 | |
Kevin Longtin President | 1 | $0 | |
Josh Roux Recording Secretary | 1 | $0 | |
William Phelps Treasurer | 1 | $0 | |
Robert Scannelli Vice President | 1 | $0 |
| 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 | $57,575 |
| Total Revenue | $57,575 |
| 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 | $47,617 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $47,617 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,052 |
| Other assets | $0 |
| Total assets | $392,399 |
| Total liabilities | $149,540 |
| Net assets or fund balances | $242,859 |