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DC9 REALTY CORP
NEW YORK, NY · EIN 831899508 · Form 990 · FY2024 · NTEE Y11 · Mutual & Membership Benefit · Medium ($1M-$10M)
revenue
$1.8M
expenses
$1.6M
net assets
$-786K
employees
0
mission · from form 990

REALTY HOLDING CORPORATION FOR IUPAT DISTRICT COUNCIL 9.

profile · synthesized from sources

DC9 REALTY CORP is a real estate holding corporation based in New York, established to serve IUPAT District Council 9. It holds property assets on behalf of the labor union, supporting its operational or financial stability through realty management. The organization does not directly deliver public services or programs.

activities · 1 group

What they do

  • Union Real Estate Holding Corporation 1 activity
    • Real estate holding for labor organization
      Holds real estate assets on behalf of IUPAT District Council 9, functioning as a dedicated realty corporation to support the infrastructure needs of the labor organization.
financials · form 990 · fy2024
revenue
Total revenue$1.82M
Contributions & grants$00%
Program service revenue$1.63M89%
Investment income$192K11%
Other revenue$0
expenses
Total expenses$1.57M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$7.87M
Cash$3.12M
Investments$0
Liabilities$8.65M
Net assets$-786K
Liquid reserves23.9 mo
4 years on record · 2021–2024 · YoY revenue -4.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
JOSEPH AZZOPARDI BUSINESS MGR/SECRETARY-TREASURER 1 $636K
JOHN DREW PRESIDENT 1 $386K
relationships · 1

Who they work with

  • IUPAT District Council 9 Partner — Primary beneficiary and affiliated organization for which DC9 Realty Corp holds real estate assets.