Laborers Local 500 Building Corporation

Organization Overview

Laborers Local 500 Building Corporation is located in Toledo, OH. The organization was established in 1987. 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. Laborers Local 500 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, Laborers Local 500 Building Corporation generated $234.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $278.3k during the year ending 12/2021. While expenses have increased by 14.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AS A HOLDING CORPORATION FOR REAL ESTATE ASSETS OF LABORERS LOCAL UNION NO. 500.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SERVE AS A HOLDING CORPORATION FOR REAL ESTATE ASSETS OF LABORERS LOCAL UNOIN NO. 500.


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Board, Officers & Key Employees

Name (title)Compensation
Alfred Jones
President
$0
David Estis
Vice President
$0
David Fleetwood
Business Manager
$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$232,923
Investment income $0
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 $234,761

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