Nysut Building Corporation

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

EIN: 141700200 ✦ Latham, NY ✦ Designated as a 501(c)(2)

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Overview

What is Nysut Building Corporation?

Nysut Building Corporation is a nonprofit organization, specifically serving as the property management entity for New York State United Teachers. Their primary function is to maintain, own, and operate various buildings on behalf of this parent organization. The corporation's mission is straightforward: to hold real estate assets for the benefit of New York State United Teachers, ensuring the organization's operational needs are met in an efficient and effective manner.

Is Nysut Building Corporation legitimate?

Nysut Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nysut Building 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: $386,142

For more financial information, click here

What is the mission statement of Nysut Building Corporation?

The Nysut Building Corporation's mission is centered around holding real estate for the benefit of New York State United Teachers. In simpler terms, this not-for-profit organization is responsible for maintaining, owning, and operating buildings for New York State United Teachers, a parent organization. This role likely contributes to providing suitable facilities for the teachers' activities and meetings.

Who is the CEO of Nysut Building Corporation?

J Philippe Abraham is the President (Thru 04/2023) of Nysut Building Corporation.

What is the revenue of Nysut Building Corporation?

Nysut Building Corporation's revenue in 2023 was $4,921,138.

Who are the executives of Nysut Building Corporation and what are their salaries?


Here are 28 key members and their salaries:


Andrew Pallotta (President (Thru 04/2023))
  • Compensation: $0
  • Related: $307,757
  • Other: $132,204
Jolene T Dibrango (Exec Vice President (Thru 04/2023))
  • Compensation: $0
  • Related: $165,793
  • Other: $95,058
J Philippe Abraham (Secretary/Treasurer)
  • Compensation: $0
  • Related: $162,574
  • Other: $95,419
Shelvy Young Abrams (Exec Committee Member (Thru 04/2023))
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Leroy T Barr (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Sandra L Carner-Shafran (Exec Committee Member (Thru 04/2023))
  • Compensation: $0
  • Related: $24,847
  • Other: $0
Frederick E Kowal (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Michael Mulgrew (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Adam Urbanski (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Ronald G Gross (2Nd Vice President)
  • Compensation: $0
  • Related: $265,859
  • Other: $127,901
Dora Leland (Executive Committee Member)
  • Compensation: $0
  • Related: $26,447
  • Other: $0
Kevin Coyne (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Samantha Rosado-Ciriello (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Andrew Sako (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Mary Vaccaro (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Cordelia Anthony (Executive Committee Member)
  • Compensation: $0
  • Related: $24,922
  • Other: $0
James Davis (Executive Committee Member)
  • Compensation: $0
  • Related: $24,147
  • Other: $0
Laura Franz (Executive Committee Member)
  • Compensation: $0
  • Related: $31,747
  • Other: $0
Jaime Ciffone (Exec Vice President (Beg 05/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Person (Pol Director / Pres. (Beg 05/2023))
  • Compensation: $0
  • Related: $251,668
  • Other: $133,738
Karen Lee Arthmann (Brd Mbr/ Exec Comm Mbr (Beg 05/2023))
  • Compensation: $0
  • Related: $16,096
  • Other: $0
Michelle Licht (Executive Committee Member)
  • Compensation: $0
  • Related: $19,349
  • Other: $0
Priscilla Castro (Exec Committee Mbr (Beg 05/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Travinski (Associate General Counsel)
  • Compensation: $0
  • Related: $205,746
  • Other: $103,891
Jaclyn Ferrucci (Deputy Director Of Finance)
  • Compensation: $0
  • Related: $178,741
  • Other: $107,065
Jeffrey J Lockwood (Cfo, Director Of Finance)
  • Compensation: $0
  • Related: $209,804
  • Other: $117,042
Andrea A Wanner (Associate Counsel)
  • Compensation: $0
  • Related: $132,860
  • Other: $92,955
Timothy J Delollo (Mgr-Building Svcs)
  • Compensation: $0
  • Related: $127,629
  • Other: $91,274
Where can I find the form 990 for Nysut Building Corporation?

Nysut Building Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nysut Building Corporation

Nysut Building Corporation, as a not-for-profit entity, is dedicated to serving New York State United Teachers by holding onto real estate properties. This mission involves the maintenance, ownership, and operation of these buildings, ensuring they are well-maintained and functional for the benefit of the teachers' organization. By fulfilling this role, Nysut Building Corporation plays a crucial part in supporting the educational community in New York State, providing a physical space for the teachers' organization to thrive and carry out its activities.

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Impact




October, 2024

Nysut Building Corporation has a significant impact through its management and operation of real estate assets for the New York State United Teachers (NYSUT). By providing essential facilities, the corporation supports the educational community, ensuring that resources are dedicated to enhancing the welfare of educators and their stakeholders.

Through its maintenance, ownership, and operation of buildings, Nysut Building Corporation effectively contributes to the infrastructure needed for educational services, meetings, and training opportunities. This fosters a collaborative environment for teachers, promoting professional development and community engagement.

The corporation's presence in Latham, New York, further emphasizes its commitment to community improvement, creating spaces that facilitate better communication and cooperation among educators, ultimately leading to enhanced educational outcomes across the state. By maintaining a dedicated focus on real estate that serves the educational sector, Nysut Building Corporation plays a crucial role in strengthening the foundation of public education in New York.




This information is meant to be a general summary of Nysut Building 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
$4,921,138 (2023)
Expenses
$5,122,669 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $204,659
  • Program Service Revenue: $4,552,517
  • Gross Receipts: $6,436,709

Assets and Liabilities:

  • Total Assets: $38,847,942
  • Total Liabilities: $583,934
  • Net Assets: $38,264,008

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Programs

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

RENTAL INCOME

Revenue

$4,423,174

REIMBURSED ADMIN. EXPEN

Revenue

$129,295

MISC INCOME

Revenue

$48

Organization Details

Founding Year

1987

Principal Officer

J Philippe Abraham

Main Address

800 TROY-SCHENECTADY ROAD, LATHAM, NY, 121102455

NTEE Category

Code: S47 - Community improvement

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