Overview

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Est.

1982

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

501-507 WEST 42ND STREET REALTY CORP is a nonprofit organization focused on real estate, established to hold title to property and collect income for the benefit of the Local 580 Pension Fund. With an operating budget of $590.9K and total revenue of $609.9K in the filing year 2024, the organization is dedicated to ensuring that all income, after expenses, is directed to supporting the pension fund.

Mission Statement

501-507 WEST 42ND STREET REALTY CORP WAS FORMED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY AND FOR COLLECTING INCOME THERE FROM, AND TURNING OVER THE ENTIRE AMOUNT THERE OF, LESS EXPENSES TO LOCAL 580 PENSION FUND.
Revenues
$609.9K
Expenses
$590.9K
Net Income:
+$19K
Assets
$1.8M
Liabilities
$64K
Net Assets:
+$1.8M
Operating Budget
$590.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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R
Randall Rifelli
Board Member
R
Randall Ment
Board Member
J
Joseph Nolan
Board Member

Frequently Asked Questions

What is 501-507 WEST 42ND STREET REALTY CORP’s budget?
In 2024, 501-507 WEST 42ND STREET REALTY CORP reported an annual operating budget of around $591 thousand. More detailed financial information is available to registered users.
What causes does 501-507 WEST 42ND STREET REALTY CORP support?
501-507 WEST 42ND STREET REALTY CORP supports work in Real estate.
Where does 501-507 WEST 42ND STREET REALTY CORP operate?
501-507 WEST 42ND STREET REALTY CORP is headquartered in New York, NY.