32-32 48th Avenue Realty Corp

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

EIN: 112815074 ✦ Long island city, NY ✦ Designated as a 501(c)(2)

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Overview

What is 32-32 48th Avenue Realty Corp?

32-32 48th Avenue Realty Corp is a title holding company, established with a specific mission. It mainly manages and operates real estate properties that belong to a labor organization. The primary purpose of this corporation is to provide a suitable space for the union's offices and meeting halls, ensuring the smooth functioning of their operations. This nonprofit organization is located in Long Island City, New York, specifically at 27-08 40TH AVENUE, as mentioned in their official address.

Is 32-32 48th Avenue Realty Corp legitimate?

32-32 48th Avenue Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. 32-32 48th Avenue Realty Corp 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 32-32 48th Avenue Realty Corp?

The 32-32 48th Avenue Realty Corp serves as a title-holding company for real estate owned by a labor organization. Its primary mission is to maintain and operate the union's offices and meeting hall, providing a centralized location for union activities and meetings. By doing so, the organization supports the operational needs of the labor organization, ensuring smooth functioning and effective communication within the union community.

Who is the CEO of 32-32 48th Avenue Realty Corp?

Patrick S Daly is the Trustee of 32-32 48th Avenue Realty Corp.

What is the revenue of 32-32 48th Avenue Realty Corp?

32-32 48th Avenue Realty Corp's revenue in 2022 was $817,467.

Who are the executives of 32-32 48th Avenue Realty Corp and what are their salaries?


Here are 3 key members and their salaries:


Michael Mulvaney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Sheeran Jr (President)
  • Compensation: $0
  • Related: $280,103
  • Other: $170,200
Patrick Daly (Secretary Treasurer)
  • Compensation: $0
  • Related: $275,637
  • Other: $169,379
Where can I find the form 990 for 32-32 48th Avenue Realty Corp?

32-32 48th Avenue Realty Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 32-32 48th Avenue Realty Corp

32-32 48th Avenue Realty Corp, serving as a title holding company, is dedicated to maintaining and operating the offices and meeting halls of a labor organization. This organization's primary mission is to provide a functional and suitable space for union activities and meetings, ensuring the smooth operation of the labor organization's day-to-day operations. By overseeing the upkeep and management of the union's headquarters, 32-32 48th Avenue Realty Corp plays a crucial role in supporting the labor organization's efforts and goals.

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Impact




October, 2024

32-32 48th Avenue Realty Corp plays a significant role in supporting labor organization activities through its management and operation of real estate properties. By maintaining and operating union offices and meeting halls, it provides essential spaces where union members can gather, coordinate, and advocate for their interests. This organization fosters community improvement by enhancing the infrastructure necessary for collective bargaining, training, and local union activities, ultimately strengthening labor solidarity and engagement. Its presence in Long Island City contributes to the vitality and functionality of labor movements in the area, serving as a crucial hub for empowerment and collaboration among workers.




This information is meant to be a general summary of 32-32 48th Avenue Realty Corp. 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
$817,467 (2022)
Expenses
$871,333 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,610,631

Assets and Liabilities:

  • Total Assets: $28,244,467
  • Total Liabilities: $33,600
  • Net Assets: $28,210,867

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Organization Details

Founding Year

1986

Principal Officer

Patrick S Daly

Main Address

27-08 40TH AVENUE, LONG ISLAND CITY, NY, 11101

NTEE Category

Code: S47 - Community improvement

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