2024-11-12T11:43:07-06:00 2023-12-31 363331802 GRAFF BLANSKI & KIM PC 2 NORTHFIELD PLAZA SUITE 200 NORTHFIELD IL 60093 990 2023-01-01 367060755 LOCAL 705 BUILDING CORPORATION LOCA 3127382800 1645 W JACKSON BLVD 700 CHICAGO IL 60612 JUAN C CAMPOS SECRETARY-TREASURER 3127382800 2024-11-09 1 1 MICHAEL BLANSKI P91800852 8478812540 2023 2024-10-15 13:58:12Z 1645 W JACKSON BLVD 700 CHICAGO IL 60612 1650852 0 0320 X WWW.TEAMSTERSLOCAL705.ORG X 1966 IL TO HOLD AND MANAGE REAL ESTATE 7 0 2 0 209596 1445 0 0 262901 399261 0 0 459304 216126 722205 615387 0 0 0 0 180285 178034 0 0 0 554041 920362 734326 1098396 -12121 -483009 9407523 9156945 1363333 1283764 8044190 7873181 HOLD AND MANAGE REAL ESTATE, FOR THE PARENT, LOCAL 705 I.B. OF T. 0 0 OPERATE BUILDING FOR LOCAL 705 I.B. OF T. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 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 1 0 1 2 1 1 1 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 X JUAN C CAMPOS 3127382800 1645 W JACKSON BLVD CHICAGO IL 60612 KIMBERLY OBNEY TRUSTEE 1.00 40.00 X 0 141955 89871 SCOTT REIN TRUSTEE 1.00 40.00 X 0 167634 69436 JOSEPH BAKES RECORDING SECRETARY 1.00 40.00 X X 0 188446 99733 JUAN CAMPOS SECRETARY-TREASURER 1.00 40.00 X X 0 163281 101686 KENNETH EMANUELSON PRESIDENT 1.00 40.00 X X 0 205855 99763 GREGORY FOSTER VICE-PRESIDENT 1.00 40.00 X X 0 195888 99701 EDDIE VALLEJO TRUSTEE 1.00 40.00 X 0 171756 69437 0 1234815 629627 0 0 1 0 0 RENTAL INCOME 900099 399261 399261 399261 1245061 1035465 209596 209596 209596 INTEREST INCOME 900099 6529 6529 MISCELLANEOUS 900099 1 1 6530 615387 405791 209596 0 X 101895 44954 23112 8073 2591 296561 10741 REAL ESTATE TAXES 870036 REPAIRS & MAINTANENCE 314124 UTILITIES 135323 TELEPHONE 33781 -742795 1098396 161930 390184 7223 5461 1483 1720 13255665 4496085 9236887 8759580 9407523 9156945 26539 36871 39683 62642 222334 0 1074777 1184251 1363333 1283764 X 0 0 14381347 14693347 -6337157 -6820166 8044190 7873181 9407523 9156945 X -483009 312000 X X 0 1 X 0 0 206423 206423 12929852 4392990 8536862 119390 103095 16295 8759580 ACCRUED REAL ESTATE TAXES 734255 DUES FROM RELATED FUND 449996 1184251 X 1650851 1035465 1035465 615386 0 615386 2133860 1035465 1035465 1098395 0 1098395 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE CORPORATIONS'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2019, 2020 AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SALARIES 101,895. PAYROLL TAXES 8,073. 401K PLAN 15,000. PENSION 29,954. HEALTH & WELFARE 23,112. PROFESSIONAL FEES 17,457. TAX PAYMENTS REAL ESTATE TAXES 870,036. REPAIRS & MAINTENANCE 314,124. TELEPHONE 33,781. UTILITIES 135,473. MORTGAGE INTEREST 2,591. FIRE/EMERGENCY 600. INSURANCE 10,741. DEPRECIATION ALLOCATED TO DEBT-FINANCED PROPERTY 274,409. PROGRAM EXPENSES MINUS EXPENSES ALLOCATED TO 990-T, SCHEDULE E, NET -801,781. PART XII, LINE 2D - OTHER ADJUSTMENTS: SALARIES 101,895. PAYROLL TAXES 8,073. 401K PLAN 15,000. PENSION 29,954. HEALTH & WELFARE 23,112. PROFESSIONAL FEES 17,457. REAL ESTATE TAXES 870,036. REPAIRS & MAINTENANCE 314,124. TAX PAYMENTS TELEPHONE 33,781. UTILITIES 135,473. DEPRECIATION ALLOCATED TO DEBT-FINANCED PROPERTY 274,409. MORTGAGE INTEREST 2,591. FIRE/EMERGENCY 600. INSURANCE 10,741. PROGRAM EXPENSES MINUS EXPENSES ALLOCATED TO 990-T, SCHEDULE E, NET -801,781. 0 0 0 KENNETH EMANUELSON PRESIDENT 0 198571 0 7284 0 0 0 75317 0 24446 0 305618 0 0 GREGORY FOSTER VICE-PRESIDENT 0 193285 0 2603 0 0 0 75317 0 24384 0 295589 0 0 JOSEPH BAKES RECORDING SECRETARY 0 187216 0 1230 0 0 0 75317 0 24416 0 288179 0 0 JUAN CAMPOS SECRETARY-TREASURER 0 163281 0 0 0 0 0 77302 0 24384 0 264967 0 0 EDDIE VALLEJO TRUSTEE 0 151047 0 20709 0 0 0 45006 0 24431 0 241193 0 0 SCOTT REIN TRUSTEE 0 144606 0 23028 0 0 0 45006 0 24430 0 237070 0 0 KIMBERLY OBNEY TRUSTEE 0 139352 0 2603 0 0 0 65487 0 24384 0 231826 0 0 FORM 990, PART VI, SECTION B, LINE 12C: THE EXECUTIVE BOARD MONITORS CONFLICT OF INTEREST ISSUES THROUGH MONTHLY MEETINGS AND REGULAR COMMUNICATIONS TO EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - BY-LAW CHANGES ARE SUBJECT TO APPROVAL BY UNION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE EXECUTIVE BOARD MEETS, REVIEWS AND APPROVES FORM 990 BEFORE FILING IT. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS MADE AVAILABLE UPON REQUEST. OTHER GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E PROFESSIONAL FEES 17,458. FIRE/EMERGENCY 600. PARKING 150. BANK CHARGES 53. ALLOCATE TO 990-T, SCHEDULE E -761,056. FORM 990, PART XI, LINE 9: CAPITALIZATION OF DUE FROM PARENT ORGANIZATION ADVANCES 312,000. FORM 990, PART XII, LINE 1: MODIFIED CASH BASIS IB OF T LOCAL 705 1645 W JACKSON BLVD SUITE 700 CHICAGO IL 60612 361265700 LABOR ORGANIZATION IL 501(C)(5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 IB OF T LOCAL 705 S 370566 FMV