Ufcw Local 2013 Realty Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010784004 ✦ Brooklyn, NY ✦ Designated as a 501(c)(2)

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Overview

What is Ufcw Local 2013 Realty Corporation?

Ufcw Local 2013 Realty Corporation is a nonprofit organization situated in Brooklyn, New York. Its primary role is to act as a nominee, holding title to real estate properties. This service enables the organization to play a crucial role in property transactions, ensuring a smooth and efficient process. The corporation's activities are primarily focused on real estate matters, serving as a trusted intermediary in property-related transactions.

Is Ufcw Local 2013 Realty Corporation legitimate?

Ufcw Local 2013 Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ufcw Local 2013 Realty Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ufcw Local 2013 Realty Corporation?

The Ufcw Local 2013 Realty Corporation was established with a mission to serve as a nominee, holding title to real estate. This role allows the corporation to manage and oversee property-related matters, without directly engaging in the day-to-day operations or specific details of the properties themselves. The corporation's primary purpose is to act as a legal entity for real estate transactions, ensuring smooth and secure property ownership. This role is crucial in facilitating property-related activities, providing a secure and reliable framework for real estate transactions.

What is the revenue of Ufcw Local 2013 Realty Corporation?

Ufcw Local 2013 Realty Corporation's revenue in 2024 was $509,534.

Who are the executives of Ufcw Local 2013 Realty Corporation and what are their salaries?

Here are 12 key members and their salaries:


Louis M Carotenuto (President)
  • Compensation: $0
  • Related: $280,627
  • Other: $39,195
Eugene D Hickey (Secretary-Treasurer)
  • Compensation: $0
  • Related: $205,166
  • Other: $34,026
Marietta Real (Recorder)
  • Compensation: $0
  • Related: $130,510
  • Other: $30,775
Una Brown (Vice-President)
  • Compensation: $0
  • Related: $5,500
  • Other: $0
David Kaminski (Vice-President)
  • Compensation: $0
  • Related: $103,652
  • Other: $28,584
Christopher Holt (Vice-President)
  • Compensation: $0
  • Related: $6,543
  • Other: $0
Robert J Bellerive (Vice-President)
  • Compensation: $0
  • Related: $83,918
  • Other: $23,946
Francisco Vilorio (Vice-President)
  • Compensation: $0
  • Related: $5,500
  • Other: $0
Wavney King (Vice-President)
  • Compensation: $0
  • Related: $71,511
  • Other: $23,703
Roxanne Charles (Vice-President)
  • Compensation: $0
  • Related: $6,250
  • Other: $0
Yesenia Sosa (Vice-President)
  • Compensation: $0
  • Related: $6,882
  • Other: $0
Victor Reyna (Vice-President)
  • Compensation: $0
  • Related: $5,500
  • Other: $0
Where can I find the form 990 for Ufcw Local 2013 Realty Corporation?

Ufcw Local 2013 Realty Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Ufcw Local 2013 Realty Corporation

Ufcw Local 2013 Realty Corporation, as per its description, was established with a specific purpose. This purpose is to serve as a nominee, holding title to real estate. While the corporation does not directly engage in any activities or missions related to community improvement, social service, or advocacy, its role is crucial in property management. By acting as a nominee, the corporation allows for the efficient and secure transfer of real estate ownership, ensuring that property transactions are executed smoothly and legally. This function is essential in various real estate scenarios, such as property development, acquisitions, and sales, contributing to the overall real estate market's stability and efficiency.

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Impact




October, 2024

UFCW Local 2013 Realty Corporation plays a significant role in community improvement by holding title to real estate assets. Based in Brooklyn, NY, the organization focuses on managing properties that can facilitate initiatives aimed at benefiting local communities. By acting as a nominee to hold title, it helps streamline the ownership and management of these properties, which are crucial for various community-related activities and developments. This strategic function supports local economic growth and stability, ultimately enhancing the quality of life for residents in the area. The corporation’s commitment to holding real estate not only secures physical spaces for potential community programs but also fosters a sense of place and belonging within the neighborhood.




This information is meant to be a general summary of Ufcw Local 2013 Realty Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$509,534 (2024)
Expenses
$182,679 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20,483
  • Program Service Revenue: $489,051
  • Gross Receipts: $509,534

Assets and Liabilities:

  • Total Assets: $6,251,938
  • Total Liabilities: $0
  • Net Assets: $6,251,938

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$489,051

Organization Details

Founding Year

2003

Principal Officer

Louis Carotenuto

NTEE Category

Code: S47 - Community improvement

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