2024-08-09T14:35:22-05:00 2023-12-31 381910111 UHY ADVISORS GREAT LAKES INC 27725 STANSBURY BLVD SUITE 210 FARMINGTON HILLS MI 48334 990 2023-01-01 386087804 ELECTRICAL WORKERS PROPERTY COMPANY ELEC 3139632130 1358 ABBOTT DETROIT MI 48226 FELICIA WISEMAN TREASURER 3139632130 2024-08-08 1 0 STEVEN KATZMAN P00950685 2483550280 2024-08-08 2023 2024-08-08 14:25:15Z FELICIA WISEMAN 1358 ABBOTT DETROIT MI 482262411 569085 0 X N/A X 1939 MI THE PROPERTY COMPANY MAINTAINS, OPERATES AND HOLDS REAL ESTATE FOR IBEW LOCAL 58 5 0 0 0 0 0 0 0 549009 565710 503 3375 0 0 549512 569085 0 0 0 0 0 0 0 0 0 560726 559802 560726 559802 -11214 9283 1568146 1577429 0 0 1568146 1577429 THE PROPERTY COMPANY MAINTAINS, OPERATES AND HOLDS REAL ESTATE FOR IBEW LOCAL 58. 0 0 THE PROPERTY COMPANY MAINTAINS, OPERATES AND HOLDS REAL ESTATE FOR IBEW LOCAL 58. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 1 1 0 MI X MARCY MOULIOUS 3139632130 1358 ABBOTT DETROIT MI 48226 CHRISTOPHER RESCHKE EXECUTIVE BOARD 1.00 40.00 X 0 16841 8695 SCOTT GLAZA EXAMING BOARD 1.00 40.00 X 0 9796 4720 JEANETTE CALDWELL EXECUTIVE BOARD 1.00 6.00 X 0 14769 7436 JEFF LONG EXECUTIVE BOARD 1.00 6.00 X 0 14533 7106 KEVIN MACK EXECUTIVE BOARD 1.00 10.00 X 0 23267 8093 KEVIN MACKEY EXECUTIVE BOARD 1.00 40.00 X 0 12750 6191 ANGELA PANICUCCI EXAMING BOARD 1.00 40.00 X 0 14398 5054 PAUL STEFANI EXAMING BOARD 1.00 40.00 X 0 8064 2051 RUSSELL RADER EXAMING BOARD 1.00 40.00 X 0 5518 2432 FELICIA WISEMAN TREASURER 1.00 40.00 X 0 134011 51210 JEANNETTE BRADSHAW RECORDING SECRETARY 1.00 40.00 X 0 133663 51210 JUSTIN STEENBAUGH VICE PRESIDENT 1.00 4.00 X 0 2346 1181 KIMBERLY L'HEUREUX PRESIDENT 1.00 22.00 X 0 133712 51210 ANDRE CROOK BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133934 51210 BRYAN STOWE BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133792 51210 BYRON OSBERN BUSINESS REPRESENTATIVE 1.00 40.00 X 0 134371 51210 CHARLES MCDONALD BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133268 51210 JAMES MACKEY BUSINESS REPRESENTATIVE 1.00 40.00 X 0 135580 51210 JAMES PELTIER II ASSISTANT BUSINESS MANAGER 1.00 37.00 X 0 144077 51210 JEFFREY PATRICCA BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133780 51210 KENNETH ROSINKI BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133703 51210 KURT BOARDMAN BUSINESS REPRESENTATIVE 1.00 40.00 X 0 136755 36194 LAMARR JONES BUSINESS REPRESENTATIVE 1.00 40.00 X 0 134735 51210 MICHAEL RICHARD BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133280 51210 NICHOLAS CHAPITAL ASSISTANT BUSINESS MANAGER 1.00 40.00 X 0 139451 51210 PAUL VANOSS BUSINESS REPRESENTATIVE 1.00 40.00 X 0 151324 51210 RICHARD PREUSS BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133821 51210 THOMAS DIEDERICHS BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133646 51210 TIMOTHY SCOTT BUSINESS REPRESENTATIVE 1.00 40.00 X 0 133409 51210 WILLIAM GREEN BUSINESS REPRESENTATIVE 1.00 40.00 X 0 134630 51210 0 2837224 1062143 0 0 1 0 0 RENT 531310 565710 565710 565710 3375 3375 569085 565710 0 3375 36069 110679 12816 JANITORIAL SERVICES 249522 REAL ESTATE TAXES 64755 REPAIRS AND MAINTENANCE 51028 PROFESSIONAL FEES 15619 19314 559802 129966 206346 3222653 1851570 1438180 1371083 1568146 1577429 0 0 X 1568146 1577429 1568146 1577429 1568146 1577429 9283 0 X 0 1 X 1 0 113086 113086 1003096 813456 189640 1649347 655728 993619 457124 382386 74738 1371083 X 569085 0 569085 0 569085 559802 0 559802 0 559802 PART X, LINE 2: THE UNION ADOPTED ASC GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE CLARIFIES ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO-STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED UPON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ITS ULTIMATE SETTLEMENT. AT DECEMBER 31, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ACCRUAL. X X 0 0 0 PAUL VANOSS BUSINESS REPRESENTATIVE 0 151324 0 0 0 0 0 0 51210 0 51210 151324 0 0 JAMES PELTIER II ASSISTANT BUSINESS MANAGER 0 144077 0 0 0 0 0 0 51210 0 51210 144077 0 0 NICHOLAS CHAPITAL ASSISTANT BUSINESS MANAGER 0 139451 0 0 0 0 0 0 51210 0 51210 139451 0 0 JAMES MACKEY BUSINESS REPRESENTATIVE 0 135580 0 0 0 0 0 0 51210 0 51210 135580 0 0 LAMARR JONES BUSINESS REPRESENTATIVE 0 134735 0 0 0 0 0 0 51210 0 51210 134735 0 0 WILLIAM GREEN BUSINESS REPRESENTATIVE 0 134630 0 0 0 0 0 0 51210 0 51210 134630 0 0 BYRON OSBERN BUSINESS REPRESENTATIVE 0 134371 0 0 0 0 0 0 51210 0 51210 134371 0 0 FELICIA WISEMAN TREASURER 0 134011 0 0 0 0 0 0 51210 0 51210 134011 0 0 ANDRE CROOK BUSINESS REPRESENTATIVE 0 133934 0 0 0 0 0 0 51210 0 51210 133934 0 0 RICHARD PREUSS BUSINESS REPRESENTATIVE 0 133821 0 0 0 0 0 0 51210 0 51210 133821 0 0 BRYAN STOWE BUSINESS REPRESENTATIVE 0 133792 0 0 0 0 0 0 51210 0 51210 133792 0 0 JEFFREY PATRICCA BUSINESS REPRESENTATIVE 0 133780 0 0 0 0 0 0 51210 0 51210 133780 0 0 KIMBERLY L'HEUREUX PRESIDENT 0 133712 0 0 0 0 0 0 51210 0 51210 133712 0 0 KENNETH ROSINKI BUSINESS REPRESENTATIVE 0 133703 0 0 0 0 0 0 51210 0 51210 133703 0 0 JEANNETTE BRADSHAW RECORDING SECRETARY 0 133663 0 0 0 0 0 0 51210 0 51210 133663 0 0 THOMAS DIEDERICHS BUSINESS REPRESENTATIVE 0 133646 0 0 0 0 0 0 51210 0 51210 133646 0 0 TIMOTHY SCOTT BUSINESS REPRESENTATIVE 0 133409 0 0 0 0 0 0 51210 0 51210 133409 0 0 MICHAEL RICHARD BUSINESS REPRESENTATIVE 0 133280 0 0 0 0 0 0 51210 0 51210 133280 0 0 CHARLES MCDONALD BUSINESS REPRESENTATIVE 0 133268 0 0 0 0 0 0 51210 0 51210 133268 0 0 KURT BOARDMAN BUSINESS REPRESENTATIVE 0 136755 0 0 0 0 0 0 36194 0 36194 136755 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ELECTRICAL WORKERS' PROPERTY COMPANY IS A NOT-FOR-PROFIT TITLE-HOLDING CORPORATION. IT HOLDS TITLES TO REAL AND PERSONAL PROPERTY LOCATED IN DETROIT, MICHIGAN ON BEHALF OF IBEW LOCAL UNION NO. 58. A RELATED ENTITY THE COMMON STOCK OF THE COMPANY IS OWNED, AND HELD IN A TRUST, BY THE OFFICERS OF IBEW LOCAL UNION NO. 58. ITS DISPOSITION IS RESTRICTED UNDER ARTICLE V OF THE BY-LAWS OF THE COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BUSINESS MANAGER/FINANCIAL SECRETARY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF ALL OFFICERS ARE DETERMINED BY THE LOCAL 58'S BY-LAWS AND COLLECTIVE BARGAINING AGREEMENTS. THE SALARIES OF ALL EMPLOYEES ARE DETERMINED BY THE LOCAL 58'S BY-LAWS AND/OR THE RESPECTIVE COLLECTIVE BARGAINING AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST IBEW LOCAL UNION NO 58 1358 ABBOTT ST DETROIT MI 48226 380679210 LABOR UNION MI 501 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 IBEW LOCAL UNION NO 58 J 540000 MARKET VALUE