Public Charity

LOCAL 1253 IBEW PROPERTIES INC

LOCAL 1253 IBEW PROPERTIES INC is a nonprofit organization categorized as Public Charity based in NEWPORT, ME. Its most recent IRS filing (2021) reports revenue of $55K, expenses of $106K, total assets of $82K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $70K.

EIN: 016029905 NEWPORT, ME Latest filing: 2021
Total Revenue$55K
Total Expenses$106K
Total Assets$82K
Grant Records2
Funding Total$70K
Filing Years2020–2021

Mission

TO PROVIDE RENTAL SPACE FOR RELATED TAX EXEMPT ORGANIZATIONS.

Where $100 goes at Local 1253 IBEW Properties Inc

How Local 1253 IBEW Properties Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Leased a building at 176 main street in fairfield, maine to related tax exempt organizations
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2021. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Alan Kenney
BUSINESS MAN Charles Fraser
VICE PRESIDE Colin Clark
EXECUTIVE BO Lee Whitaker
EXECUTIVE BO Mark Higgins
PRESIDENT Nick Paquet

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$49,093 1 grant
Unspecified
$21,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $55K $106K $82K
2020 $83K $21K $133K

Between 2020 and 2021, reported annual revenue declined from $83K to $55K (-34%), with total assets most recently reported at $82K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LOCAL 1253 IBEW PROPERTIES INC

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