Paine Castle Inc

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

EIN: 141470577 ✦ Troy, NY ✦ Designated as a 501(c)(2)

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Overview

What is Paine Castle Inc?

Paine Castle Inc is a nonprofit organization primarily dedicated to preserving the historical Paine Mansion located at 49 2nd Street, Troy, NY. Their primary responsibilities involve ensuring the property's maintenance by paying property insurance, real estate taxes, and upkeeping the building itself. The organization's mission is centered around safeguarding this historical landmark for future generations to appreciate.


Official website here: www.painecastle.com/

Is Paine Castle Inc legitimate?

Paine Castle Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Paine Castle Inc submitted a form 990EZ, 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.


Official website here: www.painecastle.com/

What is the mission statement of Paine Castle Inc?

Paine Castle Inc's mission is centered around preserving a historical landmark. The organization is committed to maintaining ownership of a significant property, specifically a mansion located in an undisclosed location. Their responsibilities include paying necessary insurance and real property taxes, as well as ensuring the property's upkeep and maintenance. This mission aims to safeguard the historical integrity of the mansion, allowing future generations to appreciate its historical value.


Official website here: www.painecastle.com/

Who is the CEO of Paine Castle Inc?

Keith Gargiulo is the Vice President of Paine Castle Inc.


Official website here: www.painecastle.com/

What is the revenue of Paine Castle Inc?

Paine Castle Inc's revenue in 2022 was $65,152.


Official website here: www.painecastle.com/

Who are the executives of Paine Castle Inc and what are their salaries?


Here are 20 key members and their salaries:


Ed Rebula (President / Facilities Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Gargiulo (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Nardino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Rapp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Haslam (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Champagne (House Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Macridis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Snook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Conover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Arena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Safran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tamir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carson Hynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bacza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Mcguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Steffancin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Frey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.painecastle.com/

Where can I find the form 990EZ for Paine Castle Inc?

Paine Castle Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.painecastle.com/

Learn more at the official website: www.painecastle.com/

Mission Statement of Paine Castle Inc

Paine Castle Inc, a nonprofit organization, is committed to preserving the historic Paine Mansion. Their primary mission involves ensuring the ownership of this significant property located at 49 2nd Street in an unspecified location. Beyond ownership, they are responsible for managing the property's financial aspects, including paying for property insurance and real property taxes. Moreover, Paine Castle Inc takes an active role in maintaining the overall condition of the Paine Mansion, ensuring its continued preservation for future generations to appreciate.

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Impact




October, 2024

Paine Castle Inc plays a significant role in preserving the historic Paine Mansion located at 49 2nd Street in Troy, NY. By maintaining ownership of this landmark, the organization ensures that the property is preserved for future generations. It actively manages the associated costs, including property insurance and real estate taxes, which are essential for the upkeep of the mansion. This commitment not only protects a piece of local history but also contributes to the cultural identity and community character of Troy. The preservation efforts foster a sense of pride among residents and provide educational opportunities related to the architectural and historical significance of the mansion. Overall, Paine Castle Inc makes a tangible impact by safeguarding an important historical asset within the community.




This information is meant to be a general summary of Paine Castle 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.

Revenue
$65,152 (2022)
Expenses
$83,519 (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: $50,446
  • Gross Receipts: $65,152

Assets and Liabilities:

  • Total Assets: $37,845
  • Total Liabilities: $58,527
  • Net Assets: -$20,682

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Organization Details

Principal Officer

Keith Gargiulo

Main Address

49 2nd Street, Troy, NY, 12180

NTEE Category

Code: Y42 - Mutual benefit

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