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PAVERS PENSION FUND HOLDING CORP
WHITESTONE, NY · EIN 832846758 · Form 990 · FY2024 · NTEE S47 · Community Improvement · Medium ($1M-$10M)
revenue
$3.2M
expenses
$1.6M
net assets
$29.7M
employees
17
mission · from form 990

THE ORGANIZATION OWNS AND MAINTAINS REAL ESTATE INVESTMENT PROPERTY FOR THE PURPOSE OF REMITTING EXCESS FUNDS TO A QUALIFIED PENSION, PROFIT SHARING, OR STOCK BONUS PLAN THAT MEETS THE REQUIREMENTS OF IRC 401(A).

profile · synthesized from sources

PAVERS PENSION FUND HOLDING CORP is a New York-based entity that owns and manages real estate investment property. Its primary purpose is to generate and remit excess funds to a qualified pension, profit-sharing, or stock bonus plan compliant with IRS Section 401(a). The organization operates as a holding corporation supporting retirement benefits through real estate investments.

activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Owns and maintains real estate investment property
      Generates excess funds through ownership and management of real estate investment properties to support a qualified pension or profit-sharing plan under IRC 401(a).
financials · form 990 · fy2024
revenue
Total revenue$3.19M
Contributions & grants$00%
Program service revenue$3.18M100%
Investment income$13K0%
Other revenue$0
expenses
Total expenses$1.63M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$465K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$30.05M
Cash$642K
Investments$0
Liabilities$352K
Net assets$29.70M
Liquid reserves4.7 mo
4 years on record · 2020–2024 · YoY revenue +7.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • KEITH LOSCALZO — DIRECTOR/PRESIDENT
  • ROBERT WESSELS — DIRECTOR/ SEC TREASURER
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.