philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Local 481 Building Corp FY2022 filing

Not tax-deductible

Indianapolis, INMutual-benefit / member-serving EIN 35-1911009Revenue $411K in FY2022Latest return filed Mar 26, 2026

On file with the IRSIndianapolis, INTax-exempt since Mar 1994

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

Building corporation

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 35-1911009) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $45K a year · 10% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
0.4 mo
of spending, in cash
0.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 5 voting members
None of 5 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$411K
-8% vs prior year
Spent
$383K
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$411K
FY2022▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$455K
FY2021$445K
FY2022$411K
FY2023$403K
FY2024$427K
FY2025$435K
Expenses
$383K
FY2022▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$330K
FY2021$363K
FY2022$383K
FY2023$370K
FY2024$398K
FY2025$466K
Net assets
$1.4M
FY2022+0.5%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.4M
FY2023$1.3M
FY2024$1.4M
FY2025$1.5M

From the FY2022 Form 990 · see the original

990 PDF Support Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Jeff Wheeler
Finl Secy/Bus Mgr
$0Pt VII · Sec A
Roger Brunk
Vice President
$0Pt VII · Sec A
Henry Burks
Executive Board
$0Pt VII · Sec A
Brian Secor
Recording Secretary
$0Pt VII · Sec A
Clifton Pittman
Executive Board
$0Pt VII · Sec A
Chris Grider
President
$0Pt VII · Sec A
Gary Newcom
Executive Board
$0Pt VII · Sec A
George Sam Hunter
Executive Board
$0Pt VII · Sec A
See Local 481 Building Corp executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Local 481 Building Corp is a member-serving organization based in Indianapolis, IN.

Questions for Local 481 Building Corp

Tap to ask. Local 481 Building Corp sees how many people are interested.

Your first name shows with your question. Local 481 Building Corp answers here, for everyone.

1 program · in their own filed words · FY2022
01

Established to hold title to property used primarly by union officers, union employees and members to conduct union business and by the related benefit trust, pension plan and credit union all of which are established for the benefit of ibew local 481's members.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 35-1911009) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$411K
Ln 12
Fees for servicesLn 2g$411K
Money outPt IX
$383K
Ln 25
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$11K
Total assetsLn 16$1.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$411K
Total revenueLn 12$411K
Assets in detailPt X, end of year
CashLn 1$11K
Cash and savings togetherLn 1–2$11K
Land, buildings, equipmentLn 10c$1.4M
Total assetsLn 16$1.4M
LiabilitiesLn 26$0
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$30K$11K
Land, buildings, equipmentLn 10c$1.3M$1.4M
Total assetsLn 16$1.4M$1.4M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.4M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
OccupancyLn 16$252K
Depreciation, depletion and amortizationLn 22$119K
Other expenses (24a–d)Ln 24$12K
Total functional expensesLn 25$383K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 26, 2026 $435K$466K−$32K$1.5M 990 PDF
FY2024Filed with the IRS Mar 24, 2025 $427K$398K$29K$1.4M 990 PDF
FY2023Filed with the IRS Mar 19, 2024 $403K$370K$33K$1.3M 990 PDF
FY2022 ViewingFiled with the IRS Apr 25, 2023 $411K$383K$28K$1.4M 990 PDF
FY2021Filed with the IRS Feb 22, 2022 $445K$363K$83K$1.4M 990 PDF
FY2020Filed with the IRS Apr 6, 2021 $455K$330K$125K$1.4M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $411,394 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $445,474$411,394
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $445,474$411,394
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $362,801$383,210
I-18 Total expensesPrior year $362,801$383,210
I-19 Revenue less expensesPrior year $82,673$28,184
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $411,394 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $411,394$411,394
VIII-12 Total revenueRelated to mission $411,394 · Unrelated business $0 · Excluded from tax $0$411,394
Part IX · Statement of functional expenses $383,210 across 3 lines filed
IX-16 Occupancy$251,806
IX-22 Depreciation, depletion and amortization$119,210
IX-24 Other expenses (24a–d)$12,194
IX-25 Total functional expenses$383,210
Part X · Balance sheet $1,382,736 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $30,005$11,201
X-10c Land, buildings and equipment, netStart of year $1,346,161$1,371,535
X-16 Total assetsStart of year $1,376,166$1,382,736
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,376,166$1,382,736
X-32 Total net assets or fund balancesStart of year $1,376,166$1,382,736
X-33 Total liabilities and net assetsStart of year $1,376,166$1,382,736
Part XI · Reconciliation of net assets $1,382,736 net assets at year end
XI-1 Total revenue$411,394
XI-2 Total expenses$383,210
XI-3 Revenue less expenses$28,184
XI-4 Net assets at start of year$1,376,166
XI-9 Other changes in net assets−$21,614
XI-10 Net assets at end of year$1,382,736

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.