2024-11-15T12:55:11-06:00 2023-12-31 232226550 MMQ & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2023-01-01 231692662 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 0081 BUILDING INC INTE 5703445711 431 WYOMING AVENUE SCRANTON PA 18503 MICHAEL MCDERMOTT BUSINESS MANAGER 5703445711 2024-11-13 1 1 MARY ANN NOVAK CPA P01056330 5709610345 2024-11-13 2023 2024-10-15 13:58:12Z MICHAEL MCDERMOTT 431 WYOMING AVENUE SCRANTON PA 18503 254193 0 X N/A X 1968 PA LOCAL #81 IBEW BUILDING, INC. OWNS A COMMERCIAL BUILDING IN WHICH OFFICES ARE RENTED TO VARIOUS UNION AND UNION-RELATED ORGANIZATIONS. 4 1 1 0 0 0 79075 97572 0 0 25 31 -78260 -47481 840 50122 0 0 0 0 27859 32356 0 0 0 16258 14058 44117 46414 -43277 3708 336528 326676 283538 269978 52990 56698 LOCAL #81 IBEW BUILDING, INC. OWNS A COMMERCIAL BUILDING IN WHICH OFFICES ARE RENTED TO VARIOUS UNION AND UNION-RELATED ORGANIZATIONS. 0 0 N/A 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 5 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL MCDERMOTT 5703445711 431 WYOMING AVENUE SCRANTON PA 18503 EDWARD O'DONNELL PRESIDENT 2.00 38.00 X X 0 97274 47838 MICHAEL MCDERMOTT BUSINESS MANAGER 2.00 38.00 X X 0 129460 60034 PATRICK HARTMAN VICE PRESIDENT 2.00 2.00 X X 0 0 0 RANDOLPH GREENIP RECORDING SECRETARY 2.00 2.00 X X 0 840 0 0 227574 107872 0 0 1 0 0 97572 97572 31 31 156590 204071 -47481 -47481 -47481 50122 -47481 0 31 23958 4960 3438 4250 253 9555 46414 500 500 20371 16532 18821 25559 1394480 1112619 294337 281861 2499 2224 336528 326676 62080 5940 5292 8308 175321 150869 40845 104861 283538 269978 X 52990 56698 52990 56698 336528 326676 3708 0 X X 0 1 X 1 0 1 1 0 50896 50896 1343584 1112619 230965 281861 ADVANCE FROM GENERAL FUND 104861 104861 X 254193 204071 204071 50122 0 50122 250485 204071 204071 46414 0 46414 PART X, LINE 2: IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET AGAINST RENTAL INCOME 204,071. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET AGAINST RENTAL INCOME 204,071. 0 0 0 MICHAEL MCDERMOTT BUSINESS MANAGER 0 129460 0 0 0 0 0 32203 0 27831 0 189494 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LOCAL #81 IBEW BUILDING, INC.'S MEMBERS ARE MADE UP OF ELECTRICAL TRADE WORKERS WITHIN ITS LOCAL AREA. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS OF THE LOCAL #81 UNION HAVE THE RIGHT TO VOTE FOR ALL OF THE OFFICERS. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE BY-LAWS MUST BE READ DURING A MONTHLY MEETING. THE CHANGES MUST THEN BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS OF THE UNION PRESENT AT THE NEXT MONTHLY MEETING. THE CHANGES MUST THEN BE SENT TO THE INTERNATIONAL OFFICE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS AND EXECUTIVE BOARD OF THE LOCAL #81 BUILDING, INC. REVIEW FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST POLICY. TO ENSURE IBEW LOCAL UNION #81 OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 SALARIES OF ALL OFFICERS ARE APPROVED IN THE BY-LAWS. THE SALARIES MUST BE VOTED ON AND APPROVED BY A MAJORITY VOTE OF THE MEMBERS OF THE UNION AND THEN APPROVED BY THE NATIONAL OFFICE, WHICH HAS ACCESS TO PAYROLL COMPARABILITY DATA, IN ORDER TO BE INCLUDED IN THE BY-LAWS. FORM 990, PART VI, SECTION C, LINE 19 LOCAL # 81 BUILDING, INC.'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT DISTRIBUTED TO THE PUBLIC. IF REQUESTED THEY WOULD BE MADE AVAILABLE AT THE OFFICE. THERE ARE NO PLANS TO MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC ONLINE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. IBEW LOCAL #81 - GENERAL FUND 431 WYOMING AVENUE SCRANTON PA 18503 240620051 ADMINISTRATIVE SUPPORT TO ELECTRICAL TRADE MEMBERS WITHIN LOCAL AREA PA 501(C)(5) N/A 0 IBEW LOCAL #81 - EDUCATION FUND 431 WYOMING AVENUE SCRANTON PA 18503 236420615 EDUCATION OF APPRENTICE ELECTRICIANS PA 501(C)(5) N/A 0 SCRANTON ELECTRICIANS JATC BUILDING INC 4 SKYLINE DRIVE SOUTH ABINGTON TOWNSHI PA 18411 453452821 COMMERCIAL RENTAL TO UNION AND UNION-RELATED ORGANIZATIONS PA 501(C)(2) N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 IBEW LOCAL #81 - GENERAL FUND E 104861 YEAR END LOAN BALANCE IBEW LOCAL #81 - GENERAL FUND S 97572 ACTUAL FUNDS RECEIVED IBEW LOCAL #81 - GENERAL FUND J 31596 ACTUAL FUNDS RECEIVED