Local 166 Building Corporation
- Assets
- $5.1m
- Revenue
- $661.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 01/1990
- Data as of
- 12/2021
- EIN
- 35-1776725
Organization Overview
Local 166 Building Corporation is located in Fort Wayne, IN. The organization was established in 1990. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, 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. Local 166 Building Corporation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Local 166 Building Corporation generated $661.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $493.8k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING CORPORATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED TO HOLD TITLE TO AND MAINTAIN PROPERTY FOR THE BENEFIT OF THE PLUMBERS AND STEAMFITTERS LOCAL #166 MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Prosser President | Officer | 1 | $0 |
Travis Coburn Director | Officer | 1 | $0 |
Chris Brown Director | Officer | 1 | $0 |
Brian Moreno Financial Secretary/treasu | Officer | 1 | $0 |
Nicholas York Director | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fetters Construction Inc Bldg Construction | 12/30/16 | $1,343,461 |
Brooks Construction Company Inc Bldg Construction | 12/30/16 | $222,236 |
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 | $660,248 |
| Investment income | $788 |
| 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 | $661,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,016 |
| Fees for services: Accounting | $10,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $677 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $273,769 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $170,522 |
| Insurance | $9,949 |
| All other expenses | $0 |
| Total functional expenses | $493,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $899,595 |
| Savings and temporary cash investments | $340,789 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,864,068 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,104,452 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,943,327 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,943,327 |
| Net assets without donor restrictions | $3,161,125 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,104,452 |
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|---|---|---|
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Springfield Workshop Foundation Inc Springfield, MO | $7,918,551 | $983,958 |
Local 166 Building Corporation Fort Wayne, IN | $5,104,452 | $661,138 |
International Brotherhood Of Boilermakers Local No 83 Kansas City, MO | $272,445 | $455,671 |
Valvoline Instant Oil Change Hands On Assistance Fund Inc Lexington, KY | $185,860 | $222,832 |
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Mothers Need Work Temp Service Chicago, IL | $41,918 | $44,622 |
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