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BRIARWOOD 138-50 REAL ESTATE CORP
NEW ROCHELLE, NY · EIN 113627309 · Form 990 · FY2022 · Micro (<$100K)
revenue
$0
expenses
$3K
net assets
$355K
employees
0
mission · from form 990

THE PURPOSE OF THE REAL ESTATE CORP. IS TO HOLD TITLE TO THE BUILDING LOCATED AT 138-50 QUEENS BOULEVARD, BRIARWOOD, NEW YORK AND LEASE OFFICE SPACE FROM THAT BUILDING TO EXEMPT ORGANIZATIONS.

profile · synthesized from sources

BRIARWOOD 138-50 REAL ESTATE CORP is a New York-based real estate entity established to hold title to a building located at 138-50 Queens Boulevard in Briarwood, New York. The organization leases office space from this property to exempt organizations, supporting their operations through affordable or below-market occupancy arrangements.

named programs · 1 · from sources

What they call their work

Property Management and Leasing
Holds title to and manages the building at 138-50 Queens Boulevard, leasing office space exclusively to exempt organizations.
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Leases office space to exempt organizations
      Holds title to the building at 138-50 Queens Boulevard, Briarwood, New York, and leases office space to exempt organizations.
financials · form 990 · fy2022
revenue
Total revenue$0
Contributions & grants$0—
Program service revenue$0—
Investment income$0—
Other revenue$0
expenses
Total expenses$3K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$355K
Cash$202K
Investments$0
Liabilities$0
Net assets$355K
Liquid reserves947.9 mo
4 years on record · 2019–2022 · YoY revenue -100.0%
leadership · form 990 part vii · fy2022

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
LORI AMES PRESIDENT 70 $557K
JONATHAN S AMES VICE PRESIDENT 70 $424K
TROY ANDERSON TRUSTEE 65 $420K
PETER R DEVITO TRUSTEE 65 $405K
WILLIAM SWEENEY SECRETARY-TREAS 65 $395K
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.