EIN 55-6023575

Ibt Corporation

Name: Ibt Corporation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Financials|Peers

IRS 501(c) type

501(c)(2)

Num. employees

City

South Charleston

State

West Virginia

Year formed

1953

Most recent tax filings

2023-12-01

NTEE code, primary

S47: Real Estate Organizations

Description

Ibt Corporation operates and maintains a building in South Charleston, WV for its parent entity's mission of holding title to property that furthers the purpose of raising the standing and position of organized labor.

Related structure

Ibt Corporation is a subordinate organization under Teamsters - 175 Local.

Total revenues

$152,000

2023

Total expenses

$151,846

2023

Total assets

$1,075,961

2023

Num. employees

2023

Program areas at Ibt Corporation

Operate and maintain building for parent entity that is used for the purpose of raising the standing and position of organized labor.

Financials for Ibt Corporation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$72,000	$73,500	-2%
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$80,000	$0	999%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$152,000	$73,500	106.8%

Organizations like Ibt Corporation

Organization	Type	Location	Revenue
Operation Brighter Future	501(c)(2)	Kansas City, MO	$683,228
Service Employees International Union 113 Building Corporation	501(c)(2)	Saint Paul, MN	$186,035
CONNECTICUT COUNCIL 4 AFSCME Building	501(c)(2)	New Britain, CT	$91,721
Rockbridge County Holdings	501(c)(2)	Lexington, VA	$178,537
Stonybrook I Housing Services	501(c)(2)	Lowell, MA	$335,066
Genera Corporation	501(c)(2)	Laconia, NH	$166,569
Local 481 International Brotherhood of Electrical Workers Building Corporation	501(c)(2)	Indianapolis, IN	$427,248
Broadway Street Supportive Housing	501(c)(2)	Lowell, MA	$620,681
Guardian Hose Holding Company	501(c)(2)	Thurmont, MD	$120,766
Abbot	501(c)(2)	Philadelphia, PA	$389,305

Data update history

August 11, 2024

Updated personnel

Identified 1 new personnel

July 17, 2024

Posted financials

Added Form 990 for fiscal year 2023

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

August 8, 2023

Posted financials

Added Form 990 for fiscal year 2020

July 9, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

Business and community development organizationsReal estate organizationsChapter / child organizations

Issues

No issues found

Characteristics

Political advocacyState / local levelNo full-time employeesLegally formed as corporation

General information

Address: 267 Staunton Ave SW; South Charleston, WV 25303
Metro area: Charleston, WV
County: Kanawha County, WV
Website URL: teamsters175.org/
Phone: (304) 744-2193

IRS details

EIN: 55-6023575
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1953
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: S47: Real Estate Organizations
NAICS code, primary: 5313: Real Estate Services
Parent/child status: Subordinate organization

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Ibt Corporation

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Financials for Ibt Corporation

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