Nonprofit · EIN 04-2193494
BUILDING CORPORATION LOCAL 1505 I B E W
Tax-exempt · WOBURN, MA 01801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $59,625 | $55,076 | $4,549 | $357,728 | $99,626 | $258,102 |
| June 30, 2024 | 990-EZ | $69,229 | $78,533 | -$9,304 | $367,202 | $113,649 | $253,553 |
| June 30, 2023 | 990-EZ | $69,125 | $49,127 | $19,998 | $397,587 | $134,730 | $262,857 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Other revenue
- $59,625
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $2,373
- Occupancy
- $52,703
Balance sheet and other
- Total assets, start of year
- $367,202
- Total assets, end of year
- $357,728
- Total liabilities, end of year
- $99,626
- Net assets, end of year
- $258,102
- Cash, savings and investments
- $28,914
- Land and buildings
- $322,122
- Gross receipts
- $59,625
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL ARMANO | PRESIDENT | 1 | $0 |
| ROBERT SCANNELLI | VICE PRESIDENT | 1 | $0 |
| WILLIAM PHELPS | TREASURER | 1 | $0 |
| JOSH ROUX | RECORDING SECRETARY | 1 | $0 |
990-EZ for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSH ROUX | RECORDING SECRETARY | 1 | $0 |
| WILLIAM PHELPS | TREASURER | 1 | $0 |
| ROBERT SCANNELLI | VICE PRESIDENT | 1 | $0 |
| KARL ARMANO | PRESIDENT | 1 | $0 |
990-EZ for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN LONGTIN | PRESIDENT (P) | 1 | $0 |
| JOSH ROUX | RECORDING SECRETARY | 1 | $0 |
| WILLIAM PHELPS | TREASURER | 1 | $0 |
| ROBERT SCANNELLI | VICE PRESIDENT | 1 | $0 |
| KARL ARMANO | PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2 RAININ ROAD, WOBURN, MA 01801-4676
- Signed the 990-EZ
- JOHN BRUNO, BUSINEES MANAGER
- Phone
- (781) 937-9991
- Website
- IBEW1505.ORG
- Return prepared by
- NOVAK FRANCELLA LLC
Mission
TITLE HOLDING CORPORATION FOR THE LABOR UNION.
Program accomplishments
- TO PROVIDE FACILITIES FOR THE IBEW LOCAL 1505 TO CONDUCT THE BUSINESS OF THE UNION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 04-2193494
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $357,728
- Income (IRS master file)
- $59,625
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $59,625 | $55,076 | $357,728 | IRS |
| 990-EZ | June 2024 | $69,229 | $78,533 | $367,202 | IRS |
| 990-EZ | June 2023 | $69,125 | $49,127 | $397,587 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2193494).
Questions about BUILDING CORPORATION LOCAL 1505 I B E W
- What is the EIN of BUILDING CORPORATION LOCAL 1505 I B E W?
- The employer identification number (EIN) of BUILDING CORPORATION LOCAL 1505 I B E W is 04-2193494.
- Is BUILDING CORPORATION LOCAL 1505 I B E W tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1993.
- Are donations to BUILDING CORPORATION LOCAL 1505 I B E W tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUILDING CORPORATION LOCAL 1505 I B E W file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BUILDING CORPORATION LOCAL 1505 I B E W due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUILDING CORPORATION LOCAL 1505 I B E W last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of BUILDING CORPORATION LOCAL 1505 I B E W?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does BUILDING CORPORATION LOCAL 1505 I B E W have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $59,625, expenses of $55,076 and total assets of $357,728 at year end.
Other nonprofits in WOBURN
- CUMMINGS FOUNDATION INC EIN 04-3073023 · last filed 990-PF for 2024
- CUMMINGS FOUNDATION GRANTS INC EIN 80-0681389 · last filed 990-PF for 2024
- NUPATH INC EIN 04-2440272 · last filed 990 for 2025
- SUMMER ISLE FOUNDATION EIN 81-3882939 · last filed 990-PF for 2024
- MUTUAL SAVINGS CENTRAL FUND INC EIN 04-1647690 · last filed 990 for 2025
- NEXUS INC EIN 23-7246765 · last filed 990 for 2025
- LUCRETIA PHILANTHROPIC FOUNDATION INC EIN 20-3964837 · last filed 990-PF for 2024
- JOSEPHINE AND BERNARD WILKINSON US FOUNDATION EIN 46-2482110 · last filed 990-PF for 2025