Overview
What is Rwdsu Realty Corp?
Rwdsu Realty Corp is a nonprofit organization situated in New York City, specifically at 370 Seventh Avenue Suite 501, New York, NY 10001. The company primarily owns a condominium and leases real property in the city. Notably, the Retail Wholesale and Department Store Union, which serves as the owner of the company, leases and occupies a portion of these premises. This union-owned entity's activities mainly revolve around utilizing the leased property for their operations.
Is Rwdsu Realty Corp legitimate?
Rwdsu Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rwdsu 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
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What is the mission statement of Rwdsu Realty Corp?
Rwdsu Realty Corp's primary activity involves owning a condominium and leasing real property in an undisclosed location. A significant portion of this property is then subleased to the Retail Wholesale and Department Store Union, who also serves as the company's owner, for their use and occupation. However, the provided information does not specify an explicit mission statement for Rwdsu Realty Corp. Therefore, it remains unavailable to provide a detailed mission summary in this case.
Who is the CEO of Rwdsu Realty Corp?
Stuart Appelbaum is the President of Rwdsu Realty Corp.
What is the revenue of Rwdsu Realty Corp?
Rwdsu Realty Corp's revenue in 2022 was $1,449,331.
Who are the executives of Rwdsu Realty Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $324,490
- Other: $68,586
- Compensation: $0
- Related: $302,403
- Other: $67,009
- Compensation: $0
- Related: $119,135
- Other: $21,660
Where can I find the form 990 for Rwdsu Realty Corp?
Rwdsu Realty Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rwdsu Realty Corp
Rwdsu Realty Corp, as a corporation, owns a condominium and leases real property in an unspecified location. Notably, the Retail Wholesale and Department Store Union, which is the proprietor of the company, leases and occupies a portion of these premises. This arrangement allows the union to have a physical presence within the property. While the provided information does not explicitly state the purpose or mission of Rwdsu Realty Corp, it can be inferred that the company's primary role is to provide real estate services, specifically the leasing of property to the Retail Wholesale and Department Store Union. This arrangement allows the union to have a physical presence, which may serve various purposes, such as conducting union activities or operating a retail business within the leased premises.
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Impact
October, 2024
Rwdsu Realty Corp is instrumental in the landscape of New York City's real estate by owning a condominium and leasing properties that serve essential community functions. The presence of the Retail Wholesale and Department Store Union within its premises highlights its commitment to supporting labor and retail workers, facilitating a space that promotes workforce advocacy. By providing secure, dedicated spaces for union operations, Rwdsu Realty Corp plays a critical role in the broader mission of community improvement, ensuring that the interests of workers are represented and supported in urban environments. This strategic ownership and leasing contribute to the stability and growth of local businesses and labor organizations, ultimately strengthening the community's economic fabric.
This information is meant to be a general summary of Rwdsu 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,392,413
- Gross Receipts: $1,449,331
Assets and Liabilities:
- Total Assets: $1,962,105
- Total Liabilities: $16,716
- Net Assets: $1,945,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,392,413
Organization Details
Founding Year
1978
Phone
(212) 684-5300Principal Officer
Stuart Appelbaum
Main Address
370 SEVENTH AVENUE SUITE 501, NEW YORK, NY, 10001
NTEE Category
Code: S47 - Community improvement
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