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ARDEON REALTY CORPORATION

NEW YORK, NY · EIN 131822756 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$4.9M
expenses
$226
net assets
$27.4M
employees
0
mission · from form 990

TO PURCHASE, OWN, LEASE AND OPERATE REAL PROPERTY FOR THE BENEFICIAL INTEREST OF 1199SEIU UNITED HEALTHCARE WORKERS EAST.

profile · synthesized from sources

ARDEON REALTY CORPORATION is a New York-based real estate entity established to acquire, own, lease, and manage property for the benefit of 1199SEIU United Healthcare Workers East. The organization operates exclusively to support this affiliated union through real property management and related services, with no public-facing programs or charitable outreach beyond its designated beneficiary.

named programs · 1 · from sources

What they call their work

Real Property Management
Purchase, ownership, leasing, and operation of real estate assets for the benefit of 1199SEIU United Healthcare Workers East
activities · 1 group

What they do

  • Union Real Estate Holding Corporation 1 activity
    • Owns and operates real property for 1199SEIU United Healthcare Workers East
      Purchases, owns, leases, and operates real estate assets to support the operations of 1199SEIU United Healthcare Workers East.
financials · form 990 · fy2024
revenue
Total revenue$4.86M
Contributions & grants$00%
Program service revenue$4.75M98%
Investment income$105K2%
Other revenue$0
expenses
Total expenses$226
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$27.83M
Cash$2.76M
Investments$2.50M
Liabilities$398K
Net assets$27.43M
Liquid reserves279303.0 mo
4 years on record · 2020–2024 · YoY revenue -0.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
GEORGE GRESHAM PRESIDENT 3 $417K
Lucy Chen CFO 3 $414K
TERESA TRIPODI DIRECTOR OF FINANCE 3 $381K
MILAGROS SILVA-BERMUDEZ SECRETARY TREASURER 3 $331K
YVONNE ARMSTRONG SR. EXEC. VICE PRESIDENT 3 $293K
SIMONE GALLO ASSISTANT CONTROLLER 3 $162K
relationships · 1

Who they work with

  • 1199SEIU United Healthcare Workers East Partner — Primary beneficiary of real property ownership and operations