Nonprofit · EIN 74-2443113
LOCAL 354 BUILDING ASSOCIATION
Tax-exempt · SALT LAKE CITY, UT 84119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,329,214 | $382,579 | $2,946,635 | $5,962,849 | $0 | $5,962,849 |
| December 31, 2024 | 990 | $926,645 | $297,819 | $628,826 | $3,016,214 | $0 | $3,016,214 |
| December 31, 2023 | 990 | $1,264,591 | $235,189 | $1,029,402 | $2,387,388 | $0 | $2,387,388 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $166,473
- Other revenue
- $3,329,214
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $134,758
Balance sheet and other
- Total assets, start of year
- $3,016,214
- Total assets, end of year
- $5,962,849
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,962,849
- Land, buildings and equipment
- $5,074,198
- Net assets without donor restrictions
- $5,962,849
- Gross receipts
- $3,329,214
- Employees
- 0
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| STEVE WOODMAN | BUS MGR/FIN SEC Trustee or director, Officer | 0 | $0 | $153,500 |
| CODEY LINDSAY | PRES/EXEC BRD | 0 | $0 | $137,754 |
| TODD BAUGH | EXECUTIVE BOARD | 0 | $0 | $130,218 |
| SERGIO SOTELO | TREAS/EXEC BRD Trustee or director, Officer | 0 | $0 | $123,006 |
| WILLIAM MEYERS | VP/JOB ST/EXAM | 0 | $0 | $43,746 |
| MICHAEL ROBERTS | EXEC BRD/COMM Trustee or director | 0 | $0 | $36,109 |
| SHAWN STEWART | EXEC BRD/JOB ST Trustee or director | 0 | $0 | $28,656 |
| WESTON PEARSON | EXECUTIVE BOARD Trustee or director | 0 | $0 | $25,183 |
| DEREK CALDWELL | PRES/EXEC BRD Trustee or director, Officer | 0 | $0 | $17,747 |
| RYAN SWANN | EXECUTIVE BOARD Trustee or director | 0 | $0 | $12,079 |
| NICHOLAS BARNETT | EXECUTIVE BOARD Trustee or director | 0 | $0 | $7,959 |
| BRYCE HARDING | EXEC BRD/JOB ST | 0 | $0 | $5,186 |
| BRIAN VERMOUTH | REC SEC/EXEC BRD | 0 | $0 | $4,762 |
| SCOTT MACKOWIAK | VP/EXEC BRD Trustee or director, Officer | 0 | $0 | $4,652 |
| RANDALL BRYANT | REC SEC/EXEC BD Trustee or director, Officer | 0 | $0 | $3,601 |
1 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CHRIS FULLERTON | EXECUTIVE BOARD Trustee or director | 0 | $0 | $1,921 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| STEVE WOODMAN | BUS MGR/FIN SEC Trustee or director, Officer | 0 | $0 | $149,613 |
| CODEY LINDSAY | PRES/EXEC BRD Trustee or director, Officer | 0 | $0 | $135,044 |
| TODD BAUGH | EXECUTIVE BOARD Trustee or director | 0 | $0 | $122,915 |
| SHAWN STEWART | EXEC BRD/JOB ST Trustee or director | 0 | $0 | $31,890 |
| DEREK CALDWELL | TREAS/EXEC BRD Trustee or director, Officer | 0 | $0 | $19,378 |
| WILLIAM MYERS | VP/JOB ST/EXAM Trustee or director, Officer | 0 | $0 | $14,589 |
| BRYCE HARDING | EXEC BRD/JOB ST Trustee or director | 0 | $0 | $12,353 |
| BRIAN VERMOUTH | REC SEC/EXEC BD Trustee or director, Officer | 0 | $0 | $7,943 |
| MICHAEL ROBERTS | EXEC BRD/COMM Trustee or director | 0 | $0 | $6,525 |
| RYAN SWANN | EXECUTIVE BOARD Trustee or director | 0 | $0 | $5,805 |
| WESTON PEARSON | EXECUTIVE BOARD Trustee or director | 0 | $0 | $1,154 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| STEVE WOODMAN | BUS MGR/FIN SEC Trustee or director, Officer | 0 | $0 | $142,350 |
| CODEY LINDSAY | PRES/EXEC BRD Trustee or director, Officer | 0 | $0 | $125,165 |
| TODD BAUGH | EXECUTIVE BOARD Trustee or director | 0 | $0 | $79,446 |
| SHAWN STEWART | EXEC BRD/JOB ST Trustee or director | 0 | $0 | $25,159 |
| DEREK CALDWELL | TREAS/EXEC BRD Trustee or director, Officer | 0 | $0 | $17,339 |
| BRYCE HARDING | EXEC BRD/JOB ST Trustee or director | 0 | $0 | $16,881 |
| WILLIAM MYERS | VP/JOB ST/EXAM Trustee or director, Officer | 0 | $0 | $15,272 |
| MICHAEL ROBERTS | EXEC BRD/COMM Trustee or director | 0 | $0 | $9,217 |
| GARY SATTERFIELD | EXEC BRD/JOB ST Trustee or director | 0 | $0 | $7,085 |
| BRIAN VERMOUTH | REC SEC/EXEC BD Trustee or director, Officer | 0 | $0 | $4,456 |
| BOYCE CHRISTENSEN | EXECUTIVE BOARD Trustee or director | 0 | $0 | $3,965 |
Address and contacts
- Address (IRS master file)
- 2100 SOUTH 3400 WEST, SALT LAKE CITY, UT 84119-0000
- Signed the 990
- STEVE WOODMAN, BUS MNGR/FINCL SEC
- Phone
- (801) 972-9354
- Website
- www.ibew354.org
- Return prepared by
- HAYNIE & COMPANY
Mission
TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THAT PROPERTY, AND REMIT ALL INCOME TO AN ORGANIZATION EXEMPT UNDER SECTION 501 (c)(5).
Program accomplishments
- RENTED OVER 85% OF OFFICE SPACE TO THREE EXEMPT ENTITIES:I.B.E.W. LOCAL NO. 354, IBEW LOCAL UNION 57, AND THEI.B.E.W. LOCAL 354 FEDERAL CREDIT 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2443113
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,962,849
- Income (IRS master file)
- $3,329,214
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,329,214 | $382,579 | $5,962,849 | IRS |
| 990 | December 2024 | $926,645 | $297,819 | $3,016,214 | IRS |
| 990 | December 2023 | $1,264,591 | $235,189 | $2,387,388 | XML |
| 990 | December 2022 | $263,944 | $232,924 | $1,357,986 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 74-2443113).
Questions about LOCAL 354 BUILDING ASSOCIATION
- What is the EIN of LOCAL 354 BUILDING ASSOCIATION?
- The employer identification number (EIN) of LOCAL 354 BUILDING ASSOCIATION is 74-2443113.
- Is LOCAL 354 BUILDING ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1987.
- Are donations to LOCAL 354 BUILDING ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL 354 BUILDING ASSOCIATION 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 LOCAL 354 BUILDING ASSOCIATION 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 LOCAL 354 BUILDING ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of LOCAL 354 BUILDING ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does LOCAL 354 BUILDING ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,329,214, expenses of $382,579 and total assets of $5,962,849 at year end.
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