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RICHMOND MEMBERS CORP

STATEN ISLAND, NY · EIN 883396889 · Form 990 · FY2025 · NTEE S47 · Community Improvement · Small ($100K-$1M)
revenue
$376K
expenses
$573K
net assets
$8.9M
employees
0
mission · from form 990

TO HOLD AND MAINTAIN REAL PROPERTY FOR LOCAL UNION 210 I.B. OF T., A TAX EXEMPT ENTITY THAT IS THE SOLE SHAREHOLDER.

profile · synthesized from sources

RICHMOND MEMBERS CORP is a New York-based nonprofit corporation established to hold and maintain real property for the benefit of Local Union 210 I.B. of T., which is its sole shareholder. The organization operates exclusively to support the union by managing real estate assets. It does not appear to provide direct public services or programs outside of this fiduciary property function.

named programs · 1 · from sources

What they call their work

Real Property Management
Holds and maintains real estate assets for Local Union 210 I.B. of T., ensuring the union has stable property resources for its operations.
activities · 1 group

What they do

  • Union Real Estate Holding Corporation 1 activity
    • Hold and maintain real property for Local Union 210 I.B. of T.
      Holds and maintains real property for the benefit of Local Union 210 I.B. of T., its sole shareholder, as an ongoing operational activity.
financials · form 990 · fy2025
revenue
Total revenue$376K
Contributions & grants$00%
Program service revenue$376K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$573K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$8.91M
Cash$47K
Investments$0
Liabilities$15K
Net assets$8.90M
Liquid reserves1.0 mo
4 years on record · 2022–2025 · YoY revenue +1.9%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
ROBERT BELLACH PRESIDENT 1 $277K
PEDRO A CARDI JR VICE PRESIDENT 1 $230K
LYDIA TORRES RECORDING SECRETARY 1 $198K
relationships · 1

Who they work with

  • Local Union 210 I.B. of T. Partner — Sole shareholder and beneficiary of real property held and maintained by RICHMOND MEMBERS CORP.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Property Stewardship for Affiliate Stability
    methodology: property_stewardship_for_affiliate
    By holding and maintaining real property, the organization supports the operational stability of its affiliate, Local Union 210 I.B. of T., because stable physical infrastructure enables consistent delivery of union services and long-term planning.