Brotherhood Of Locomotive Engineers Building Association

Organization Overview

Brotherhood Of Locomotive Engineers Building Association is located in Independence, OH. The organization was established in 1972. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brotherhood Of Locomotive Engineers Building Association 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, Brotherhood Of Locomotive Engineers Building Association generated $950.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $664.0k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO ACQUIRE, HOLD REAL ESTATE AND OPERATE AN OFFICE BUILDING (CONTINUED ON SCHEDULE O)OR OTHER PROPERTY FOR THE BENEFIT OF THE MEMBERSHIP OF THE BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BUILDING ASSOCIATION OPERATED A BUILDING LOCATED IN INDEPENDENCE, OHIO FOR THE PURPOSE OF HOUSING THE NATIONAL DIVISION OPERATIONS OF ITS PARENT ORGANIZATION, THE BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN.IT ALSO OPERATED A RESIDENCE BUILDING LOCATED IN MIDDLEBURG HEIGHTS, OH FOR THE PURPOSE OF HOUSING NATIONAL DIVISION OFFICERS AND NATIONAL STAFF WHEN THEY TRAVEL TO THE NATIONAL DIVISION TO FULFILL THEIR ASSIGNMENTS FOR ITS PARENT ORGANIZATION, THE BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN.


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Board, Officers & Key Employees

Name (title)Compensation
Dennis R Pierce
President
$0
Stephen J Bruno
National Secretary-Treasurer
$0
Marcus J Ruef
Vice President
$0
Edgar Lee Pruitt Jr
First Vice President
$0
Richard C Gibbons
Vice President
$0
Michael D Priester
Vice President
$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$946,000
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,539
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 $950,539

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