Overview
What is 49 East 21 Company Inc?
49 East 21 Company Inc is a nonprofit organization based in New York City, specifically at 52 Broadway, New York, NY 10004. Its primary mission is to support the United Federation of Teachers, Local 2, by acquiring and managing real estate properties on their behalf. The organization incurs various expenses related to the upkeep and operation of these properties, which serve an exempt organization. This collaboration between 49 East 21 Company Inc and the United Federation of Teachers aims to contribute positively to the community and its educational initiatives.
Is 49 East 21 Company Inc legitimate?
49 East 21 Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 49 East 21 Company Inc 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 49 East 21 Company Inc?
49 East 21 Company Inc, established with the objective of acting on behalf of the United Federation of Teachers, Local 2, is primarily focused on acquiring and managing real property. This organization's primary mission is to serve the United Federation of Teachers, providing them with necessary real estate services. The corporation incurs expenses, acting as a title holder for an exempt organization, contributing to the overall operations and maintenance of the acquired properties.
Who is the CEO of 49 East 21 Company Inc?
Michael Mulgrew is the President of 49 East 21 Company Inc.
What is the revenue of 49 East 21 Company Inc?
49 East 21 Company Inc's revenue in 2022 was $0.
Who are the executives of 49 East 21 Company Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $341,368
- Other: $58,691
- Compensation: $0
- Related: $101,057
- Other: $23,309
- Compensation: $0
- Related: $235,497
- Other: $51,855
Where can I find the form 990 for 49 East 21 Company Inc?
49 East 21 Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 49 East 21 Company Inc
49 East 21 Company Inc, a organization established for a specific purpose, is dedicated to acquiring and managing real property on behalf of the United Federation of Teachers, Local 2. This nonprofit's mission is centered around supporting this educational union, providing them with the necessary real estate resources. The corporation incurs expenses associated with the property, acting as a facilitator for the exempt organization.
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Impact
October, 2024
49 East 21 Company Inc plays a vital role in supporting the United Federation of Teachers by acquiring and operating real properties that serve the needs of this organization. Through its dedicated management, the company ensures that these properties are maintained and utilized effectively, contributing to the overall mission of the Federation. By holding and managing these assets, 49 East 21 enables the Federation to focus on its core activities, which include advocating for teachers and improving the quality of education. The effective operation of these properties facilitates various union activities, events, and initiatives, thereby enhancing the community's educational environment within New York City. This strategic management of real estate ultimately fosters stability and growth for the United Federation of Teachers and its members, reinforcing their collective impact on the education system.
This information is meant to be a general summary of 49 East 21 Company Inc. 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.
Assets and Liabilities:
- Total Assets: $8,436,127
- Total Liabilities: $5,600
- Net Assets: $8,430,527
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Organization Details
Founding Year
1992
Phone
(212) 777-7500Principal Officer
Michael Mulgrew
Main Address
52 BROADWAY, NEW YORK, NY, 10004
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