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Nonprofit · EIN 55-6023575

I B T CORPORATION

Tax-exempt · S CHARLESTON, WV 25303

Financials

$152K$152K2023$72K$127K2024$73K$150K2025
Revenue Expenses · by fiscal year end
Financials of I B T CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$72,500$149,719-$77,219$944,138$0$944,138
December 31, 2024990$72,300$126,904-$54,604$1,021,357$0$1,021,357
December 31, 2023990$152,000$151,846$154$1,075,961$0$1,075,961
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$72,000
Investment income
$500
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,195
Occupancy
$35,713
Depreciation
$65,747

Balance sheet and other

Total assets, start of year
$1,021,357
Total assets, end of year
$944,138
Total liabilities, end of year
$0
Net assets, end of year
$944,138
Land, buildings and equipment
$837,554
Net assets without donor restrictions
$944,138
Gross receipts
$72,500
Employees
0
Year formed
1953
State of legal domicile
WV

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LUKE S FARLEYSECRETARY-TR
Trustee or director, Officer
1.5$0$158,308$61,469
STEVEN L DAYPRESIDENT
Trustee or director, Officer
1$0$130,782$61,469
DON PERDUEVICE-PRESIDE
Trustee or director, Officer
1$0$120,710$61,469
JENNA N JEFFREYRECORDING SE
Trustee or director, Officer
1$0$104,066$61,469
DARREN KIMBERLINGTRUSTEE
Trustee or director
0.5$0$11,169$0
KEVIN MCKINNEYTRUSTEE
Trustee or director
0.5$0$9,474$0
GEORGE SCOTTTRUSTEE
Trustee or director
0.5$0$8,959$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DON PERDUEVICE-PRESIDE
Trustee or director, Officer
1$0$137,720$59,535
LUKE S FARLEYSECRETARY-TR
Trustee or director, Officer
1.5$0$123,972$59,535
STEVEN L DAYPRESIDENT
Trustee or director, Officer
1$0$121,850$59,535
JENNA N JEFFREYRECORDING SE
Trustee or director, Officer
1$0$101,872$59,535
RICHARD K HALLPRESIDENT
Trustee or director, Officer
1$0$101,381$29,445
GEORGE SCOTTTRUSTEE
Trustee or director
0.5$0$10,668$0
KEVIN MCKINNEYTRUSTEE
Trustee or director
0.5$0$9,448$0
DARREN KIMBERLINGTRUSTEE
Trustee or director
0.5$0$8,360$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN L DAYVICE-PRESIDE
Trustee or director, Officer
1$0$139,804$57,615
RICHARD K HALLPRESIDENT
Trustee or director, Officer
1$0$121,441$57,615
LUKE FARLEYSECRETARY-TR
Trustee or director, Officer
1.5$0$119,360$57,615
DON PERDUERECORDING SE
Trustee or director, Officer
1$0$111,504$57,615
KELLIE S SHAMBLINVICE-PRESIDE
Trustee or director, Officer
1$0$57,736$28,488
GEORGE SCOTTTRUSTEE
Trustee or director
0.5$0$8,083$0
DARREN KIMBERLINGTRUSTEE
Trustee or director
0.5$0$7,920$0
KEVIN MCKINNEYTRUSTEE
Trustee or director
0.5$0$7,920$0

Address and contacts

Address (IRS master file)
267 STAUNTON AVE, S CHARLESTON, WV 25303-2503
Principal officer (990 for 2025)
STEVEN L DAY, 267 STAUNTON AVENUE SW, SOUTH CHARLESTON, WV 25303
Signed the 990
LUKE S FARLEY, SECRETARY-TREASURER
Phone
(304) 744-2193
Return prepared by
BLAIR & COMPANY CPAS

Mission

TO HOLD TITLE TO PROPERTY FOR PARENT ENTITY WHICH IS USED TO FURTHER THE PURPOSE OF RAISING THE STANDING AND POSITION OF ORGANIZED LABOR.

990 for the year ended December 31, 2025

Program accomplishments

  • OPERATE AND MAINTAIN BUILDING FOR PARENT ENTITY THAT IS USED FOR THE PURPOSE OF RAISING THE STANDING AND POSITION OF ORGANIZED LABOR.
    Expenses $149,719 · revenue $72,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-6023575
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$944,138
Income (IRS master file)
$72,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$72,500$149,719$944,138IRS
990December 2024$72,300$126,904$1,021,357IRS
990December 2023$152,000$151,846$1,075,961XML
990December 2022$73,500$129,900$1,175,807IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 55-6023575).

Questions about I B T CORPORATION

What is the EIN of I B T CORPORATION?
The employer identification number (EIN) of I B T CORPORATION is 55-6023575.
Is I B T CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1958.
Are donations to I B T CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does I B T CORPORATION 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 I B T CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did I B T CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of I B T CORPORATION?
The 990 for the year ended December 31, 2025 names STEVEN L DAY.
Who are the officers and directors of I B T CORPORATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does I B T CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $72,500, expenses of $149,719 and total assets of $944,138 at year end.

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