Teamsters Salem Building Corporation is located in Salem, OR. The organization was established in 2003. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamsters Salem Building Corporation 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 12/2021, Teamsters Salem Building Corporation generated $50.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $97.9k during the year ending 12/2021. 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
THE ORGANIZATION'S PURPOSE IS TO ACQUIRE, LOAN, LEASE, RENT AND OPERATE BUILDING OR BUILDINGS FOR THE INTENTS, NEEDS AND PURPOSES OF TEAMSTERS LOCAL UNION NO. 324.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rodney J Trusell Vice President | 1 | $0 | |
Jay A Jackson Director | 1 | $0 | |
Jason B Haines Director | 1 | $0 | |
Raymond A Manibusan Secretary | 1 | $0 | |
Chris R Muhs President | 1 | $0 | |
Darrin E Wilson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $50,593 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $78 |
Total Revenue | $50,671 |
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 | $97,859 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $97,859 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $53,944 |
Other assets | $0 |
Total assets | $296,969 |
Total liabilities | $0 |
Net assets or fund balances | $296,969 |
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