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CEMENT & CONCRETE WORKERS PENSION FUND HOLDING CORP

BAYSIDE, NY · EIN 862730214 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$628K
expenses
$508K
net assets
$20.8M
employees
0
mission · from form 990

THE ORGANIZATION WAS FORMED TO PURCHASE, EXCHANGE, TAKE, LEASE OR OTHERWISE ACQUIRE AND HOLD TITLE TO AND OPERATE, MAINTAIN AND DISPOSE OF PROPERTY EXCLUSIVELY FOR THE BENEFICIAL INTEREST OF PARTICIPANTS AND BENEFICIARIES OF THE CEMENT AND CONCRETE WORKERS DISTRICT COUNCIL PENSION FUND, AN EMPLOYEE BENEFIT PLAN AND TRUST DESCRIBED IN SECTION 401(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED AND EXEMPT FROM TAX UNDER SECTION 501(A) OF THE CODE.

profile · synthesized from sources

Real estate holding corporation established to manage property assets exclusively for the benefit of participants and beneficiaries in the Cement and Concrete Workers District Council Pension Fund, a tax-exempt employee benefit plan. The organization acquires, holds, maintains, and disposes of real property to support pension fund objectives. Operates in New York.

activities · 1 group

What they do

  • Union Real Estate Holding Corporation 1 activity
    • Manages real estate and property assets for pension fund beneficiaries
      Acquires, holds, operates, maintains, and disposes of property to support the financial benefits of participants and beneficiaries in the Cement and Concrete Workers District Council Pension Fund.
financials · form 990 · fy2024
revenue
Total revenue$628K
Contributions & grants$00%
Program service revenue$617K98%
Investment income$11K2%
Other revenue$0
expenses
Total expenses$508K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$137K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$20.79M
Cash$779K
Investments$0
Liabilities$25K
Net assets$20.76M
Liquid reserves18.4 mo
4 years on record · 2021–2024 · YoY revenue -16.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
ABBY KAPLAN INTERIM FUND ADMIN - THRU 07/2024 1 $233K
CHRISTINA MADERICH FUND ADMINISTRATOR - EFF 05/2024 1 $164K
board members · 5
  • ANGELO ANGELONE — DIRECTOR/PRESIDENT
  • JOHN PETERS — DIRECTOR - THRU 05/2024
  • KEVIN O'BRIEN — DIRECTOR
  • KIERAN O'SULLIVAN — DIRECTOR - EFF 05/2024
  • MICHAEL SALGO — DIRECTOR/SECRETARY/TREASUR
relationships · 1

Who they work with

  • Cement and Concrete Workers District Council Pension Fund Government — Primary beneficiary of the organization's property holdings and asset management activities.