Laborers Pension-Burlington Investment Corporation

Organization Overview

Laborers Pension-Burlington Investment Corporation is located in Burlington, MA. The organization was established in 1996. 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.

For the year ending 12/2021, Laborers Pension-Burlington Investment Corporation generated $707.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year .

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION OWNS AND MAINTAINS REAL ESTATE INVESTMENT PROPERTY FOR THE PURPOSE OF REMITTING THE ENTIRE AMOUNT OF NET INCOME TO A QUALIFIED PENSION, PROFIT SHARING, OR STOCK BONUS PLAN THAT MEETS THE REQUIREMENTS OF IRC SECTION 401(A).

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS AND MAINTAINS REAL ESTATE INVESTMENT PROPERTY FOR THE PURPOSE OF REMITTING THE ENTIRE AMOUNT OF NET INCOME TO A QUALIFIED PENSION, PROFIT SHARING, OR STOCK BONUS PLAN THAT MEETS THE REQUIREMENTS OF IRC SECTION 401(A).


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Board, Officers & Key Employees

Name (title)Compensation
Robert Toomey
Treasurer/dir.
$0
Joseph Bonfiglio
President/dir.
$0
Louis A Mandarini III
Secretary
$0
David Carter
Director
$0
Michael Sanchez
Director
$0
Mark R Burns
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$707,753
Investment income $83
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $707,836

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