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: $377,092
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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.
What is the revenue of Nysut Building Corporation?
Nysut Building Corporation's revenue in 2024 was $6,255,180.
Who are the executives of Nysut Building Corporation and what are their salaries?
Here are 26 key members and their salaries:
- Compensation: $0
- Related: $163,978
- Other: $101,726
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $275,455
- Other: $136,101
- Compensation: $0
- Related: $25,930
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $25,770
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $35,236
- Other: $0
- Compensation: $0
- Related: $185,485
- Other: $82,886
- Compensation: $0
- Related: $300,987
- Other: $150,413
- Compensation: $0
- Related: $22,191
- Other: $0
- Compensation: $0
- Related: $24,630
- Other: $0
- Compensation: $0
- Related: $17,314
- Other: $0
- Compensation: $0
- Related: $211,012
- Other: $132,295
- Compensation: $0
- Related: $191,252
- Other: $119,379
- Compensation: $0
- Related: $229,683
- Other: $132,096
- Compensation: $0
- Related: $130,446
- Other: $93,215
- Compensation: $0
- Related: $139,296
- Other: $102,788
- Compensation: $0
- Related: $317,111
- Other: $179,156
- Compensation: $0
- Related: $187,590
- Other: $71,722
Where can I find the form 990 for Nysut Building Corporation?
Nysut Building Corporation's most recent form 990 was submitted in 2024 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $377,806
- Program Service Revenue: $4,511,000
- Gross Receipts: $8,711,655
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
$4,370,713
REIMBURSED ADMIN. EXPEN
Revenue
$139,499
MISC INCOME
Revenue
$788
Organization Details
Founding Year
1987
Principal Officer
J Philippe Abraham
NTEE Category
Code: S47 - Community improvement
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