Dhu Realty Corporation

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

EIN: 133687074 ✦ New york, NY ✦ Designated as a 501(c)(2)

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Overview

What is Dhu Realty Corporation?

Dhu Realty Corporation is a nonprofit organization situated in New York City, specifically at 498 SEVENTH AVENUE FL 24, New York, NY 10018. Its primary mission is to purchase, own, lease, and manage real estate properties for the benefit of 1199SEIU United Healthcare Workers East. This nonprofit is dedicated to supporting this union, providing them with the necessary properties to carry out their operations effectively. Although the specifics of the real estate activities are not detailed, it's clear that Dhu Realty Corporation plays a crucial role in facilitating the operations of 1199SEIU United Healthcare Workers East by providing them with property resources.

Is Dhu Realty Corporation legitimate?

Dhu Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Dhu 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 Dhu Realty Corporation?

Dhu Realty Corporation's mission is centered around the acquisition, management, and operation of real estate properties. The primary objective of this corporation is to serve the beneficial interests of 1199SEIU United Healthcare Workers East. This involves leveraging its real estate resources to contribute positively to this organization. The corporation's activities are geared towards enhancing the well-being and interests of 1199SEIU United Healthcare Workers East, without disclosing specific details about the location of these properties.

Who is the CEO of Dhu Realty Corporation?

Lucy Chen is the President of Dhu Realty Corporation.

What is the revenue of Dhu Realty Corporation?

Dhu Realty Corporation's revenue in 2022 was $3,192,663.

Who are the executives of Dhu Realty Corporation and what are their salaries?


Here are 7 key members and their salaries:


George Gresham (President)
  • Compensation: $0
  • Related: $335,789
  • Other: $145,373
Lucy Chen (Cfo)
  • Compensation: $0
  • Related: $245,197
  • Other: $119,798
Maria Castaneda (Secy/Treas (Thru 06/2022))
  • Compensation: $0
  • Related: $198,221
  • Other: $89,741
Milagros Silva-Bermudez (Secy/Treas (Eff 07/2022))
  • Compensation: $0
  • Related: $182,827
  • Other: $78,997
Yvonne Armstrong (Sr. Executive Vice Pres)
  • Compensation: $0
  • Related: $182,144
  • Other: $78,452
Teresa Tripodi (Dir. Of Finance)
  • Compensation: $0
  • Related: $159,292
  • Other: $77,716
Simone Gallo (Assistant Controller)
  • Compensation: $0
  • Related: $98,989
  • Other: $45,675
Where can I find the form 990 for Dhu Realty Corporation?

Dhu Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dhu Realty Corporation

Dhu Realty Corporation, as a nonprofit organization, is dedicated to serving the interests of 1199SEIU United Healthcare Workers East. Its mission is centered around the purchase, ownership, leasing, and operation of real property. This mission is geared towards benefiting the aforementioned union, a testament to Dhu Realty Corporation's commitment to supporting the healthcare workers' community under its care. By managing real estate, the organization aims to contribute to the well-being of 1199SEIU United Healthcare Workers East in an indirect yet substantial way.

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Impact




October, 2024

Dhu Realty Corporation plays a significant role in serving the interests of healthcare workers affiliated with 1199SEIU United Healthcare Workers East. By purchasing, owning, leasing, and operating real property, the corporation directly supports the stability and growth of facilities that are vital for the community and the workforce it represents. This focus on real estate management ensures that healthcare workers have access to resources and spaces that enhance their professional lives.

In New York City, where Dhu Realty operates, the corporation contributes to community improvement by fostering environments that accommodate the needs of healthcare professionals. This includes creating accessible locations for training, meetings, and other essential activities that support the well-being and development of 1199SEIU members. Through its efforts, Dhu Realty Corporation strengthens the infrastructure that empowers healthcare workers, underpinning their valuable contributions to the community's health and wellness.




This information is meant to be a general summary of Dhu 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
$3,192,663 (2022)
Expenses
$1,208,368 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,192,663
  • Gross Receipts: $3,192,663

Assets and Liabilities:

  • Total Assets: $11,129,387
  • Total Liabilities: $15,439,192
  • Net Assets: -$4,309,805

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Programs

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

RENTAL OFFICE SPACE

Revenue

$3,192,663

Organization Details

Founding Year

1992

Principal Officer

Lucy Chen

Main Address

498 SEVENTH AVENUE FL 24, NEW YORK, NY, 10018

NTEE Category

Code: S47 - Community improvement

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