named programs · 1 · from sources
What they call their work
Real Property Holding and Maintenance
Owns and maintains real estate assets for the benefit of Local 553 I.B. of T., ensuring long-term stability and operational support for the union entity.
activities · 1 group
What they do
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Union Real Estate Holding Corporation 1 activity
- Hold and maintain real property for Local 553 I.B. of T.Holds and maintains real property on behalf of Local 553 I.B. of T., a tax-exempt entity and sole shareholder, as part of its ongoing operations.
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financials · form 990 · fy2023
revenue
Total revenue$8.73M
Contributions & grants$00%
Program service revenue$41K0%
Investment income$8.69M100%
Other revenue$0
expenses
Total expenses$9.47M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$0
Cash$580K
Investments$0
Liabilities$0
Net assets$0
Liquid reserves0.7 mo
4 years on record · 2020–2023 · YoY revenue +2107.9%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| DEMOS DEMOPOULOS | TRUSTEE | 1 | $277K |
| ANTHONY STORZ | TRUSTEE | 1 | $245K |
relationships · 1
Who they work with
- Local 553 I. B. of T. Partner — Real property is held and maintained for this tax-exempt labor union local, which is the sole shareholder of the corporation.
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.
- Real Property Holding for Organizational Controlmethodology: real_property_holdingBy holding and maintaining real property for a tax-exempt labor union local, the organization ensures long-term control and dedicated use of physical assets, because stable ownership enables uninterrupted support of union operations and mission-aligned activities.