Cinelect INC: Nonprofit Profile, Financials & Form 990 (EIN 62-1023886)

Revenue by fiscal year
FY2020	−$97K
FY2021	−$93K
FY2022	−$101K
FY2023	−$85K
FY2024	−$81K
FY2025	−$92K

Expenses by fiscal year
FY2020	$0
FY2021	$0
FY2022	$0
FY2023	$0
FY2024	$0
FY2025	$0

Net assets by fiscal year
FY2020	$2.8M
FY2021	$2.7M
FY2022	$2.6M
FY2023	$2.5M
FY2024	$2.4M
FY2025	$2.3M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1979.

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

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation

Todd Michel

Trustee Dire

$0Pt VII · Sec A

Richard Heimbrock

Trustee/Dire

$0Pt VII · Sec A

Tracy Thorner

Trustee Dire

$0Pt VII · Sec A

Chad Day

Trustee/Dire

$0Pt VII · Sec A

James Fischer

Trustee Dire

$0Pt VII · Sec A

Joseph Noeth

Trustee Dire

$0Pt VII · Sec A

Phil Bovard

Trustee Dire

$0Pt VII · Sec A

Jason Mischke

Trustee Dire

$0Pt VII · Sec A

See Cinelect INC 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

Acquires and manages property for union use.

Questions for Cinelect INC

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1 program · in their own filed words · FY2024

01

To invest in real estate and personal property to be used by local union no. 212 I.B.E.W. And associated labor organizations.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 62-1023886) · Dispute this line

Pt IX · Ln 25 · col B

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

−$92K

Ln 12

Money outPt IX

$0

Ln 25

Owns and owesPt X

$2.3M

net assets · Ln 32

Cash and savingsLn 1–2$162K

Total assetsLn 16$2.4M

LiabilitiesLn 26$60K

PeoplePt VI, VII

18

listed · VII A

PaidVII A0

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Total revenueLn 12−$92K

Assets in detailPt X, end of year

CashLn 1$162K

Cash and savings togetherLn 1–2$162K

Prepaid expenses and deferred chargesLn 9$29K

Land, buildings, equipmentLn 10c$2.2M

Total assetsLn 16$2.4M

LiabilitiesLn 26$60K

Net assetsLn 32$2.3M

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderNovember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$314K	$162K
Land, buildings, equipmentLn 10c	$2.1M	$2.2M
Total assetsLn 16	$2.5M	$2.4M
LiabilitiesLn 26	$55K	$60K
Net assetsLn 32	$2.4M	$2.3M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Total functional expensesLn 25	$0	$0	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Feb 26, 2026	−$92K	$0	−$92K	$2.3M	990 PDF
FY2024Filed with the IRS Feb 19, 2025	−$81K	$0	−$81K	$2.4M	990 PDF
FY2023Filed with the IRS Feb 15, 2024	−$85K	$0	−$85K	$2.5M	990 PDF
FY2022Filed with the IRS Mar 7, 2023	−$101K	$0	−$101K	$2.6M	990 PDF
FY2021Filed with the IRS May 6, 2022	−$93K	$0	−$93K	$2.7M	990 PDF
FY2020Filed with the IRS Feb 19, 2021	−$97K	$0	−$97K	$2.8M	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2025 990

Part I · Summary −$92,016 revenue, 12 lines filed

I-8 Contributions and grants$0

I-9 Program service revenue$0

I-10 Investment income$0

I-11 Other revenuePrior year −$80,813−$92,016

I-12 Total revenuePrior year −$80,813−$92,016

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expenses$0

I-18 Total expenses$0

I-19 Revenue less expensesPrior year −$80,813−$92,016

Part VI · Governance 7 of 7 board members independent, 1 to look at

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue −$92,016 across 2 lines filed

VIII-6 Net rental income or lossRelated to mission −$92,016−$92,016

VIII-12 Total revenueRelated to mission −$92,016−$92,016

Part IX · Statement of functional expenses $0 across 0 lines filed

IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0

Part X · Balance sheet $2,363,377 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $313,562$162,402

X-9 Prepaid expenses and deferred chargesStart of year $5,227$29,369

X-10c Land, buildings and equipment, netStart of year $2,131,318$2,171,606

X-16 Total assetsStart of year $2,450,107$2,363,377

X-17 Accounts payable and accrued expensesStart of year $54,856$60,142

X-26 Total liabilitiesStart of year $54,856$60,142

X-27 Net assets without donor restrictionsStart of year $2,395,251$2,303,235

X-32 Total net assets or fund balancesStart of year $2,395,251$2,303,235

X-33 Total liabilities and net assetsStart of year $2,450,107$2,363,377

Part XI · Reconciliation of net assets $2,303,235 net assets at year end

XI-1 Total revenue−$92,016

XI-2 Total expenses$0

XI-3 Revenue less expenses−$92,016

XI-4 Net assets at start of year$2,395,251

XI-10 Net assets at end of year$2,303,235

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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Cinelect INC

Before you give

Is it real?

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Cinelect INC

By the numbers

Filing history

Schedules filed Part IV