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1056 EQUITIES INC
OAKLAND GARDENS, NY · EIN 112786116 · Form 990 · FY2024 · Micro (<$100K)
revenue
$138
expenses
$211K
net assets
$1.6M
employees
0
program ratio
0%
mission · from form 990

TITLE HOLDING COMPANY.

profile · synthesized from sources

1056 EQUITIES INC is a title holding company based in New York. According to IRS Form 990 filings, it does not report program service accomplishments or grants made, indicating its primary function is likely asset or property holding rather than direct service provision or charitable grantmaking.

activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Title holding
      Engages in title holding as its primary activity, serving as a legal and administrative mechanism for property ownership.
financials · form 990 · fy2024
revenue
Total revenue$138
Contributions & grants$00%
Program service revenue$00%
Investment income$138100%
Other revenue$0
expenses
Total expenses$211K
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.28M
Cash$10K
Investments$0
Liabilities$726K
Net assets$1.56M
Liquid reserves0.6 mo
3 years on record · 2022–2024 · YoY revenue -95.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
LUIS ALZATE President 1 $97K
BYRON BOLLING Treasurer 1 $37K
Francisco Ortiz Vice President 1 $32K