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451-453 PARK AVE SOUTH CORP

NEW YORK, NY · EIN 133023175 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$190K
expenses
$0
net assets
$13.6M
employees
0
mission · from form 990

THE REALTY CORP WAS FORMED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY AND FOR COLLECTING INCOME THERE FROM, AND TURNING OVER THE ENTIRE AMOUNT THERE OF, LESS EXPENSES TO IRON WORKERS LOCALS 40, 361 & 417 PENSION FUND.

profile · synthesized from sources

451-453 Park Ave South Corp is a New York-based realty corporation established to hold title to property and collect rental income. The organization's sole purpose is to manage real estate assets and remit net income to the Iron Workers Locals 40, 361 & 417 Pension Fund. It does not engage in direct public service or charitable programming.

activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Manages property and transfers net income to pension fund
      Holds title to property, collects income from it, and transfers net income after expenses to the Iron Workers Locals 40, 361 & 417 Pension Fund.
financials · form 990 · fy2024
revenue
Total revenue$190K
Contributions & grants$00%
Program service revenue$00%
Investment income$13K7%
Other revenue$176K
expenses
Total expenses$0
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$0
balance sheet
Total assets$29.91M
Cash$523K
Investments$0
Liabilities$16.34M
Net assets$13.56M
2 years on record · 2020–2024
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • BRIAN J SABBAGH — VP, SEC. TREASURER
  • DANIEL DOYLE — PRESIDENT
  • JAKE BIDOSKY — VICE PRESIDENT
  • MATTHEW CHARTRAND — VICE PRESIDENT
  • ROBERT SAMELA — VICE PRESIDENT
relationships · 1

Who they work with

  • Iron Workers Locals 40, 361 & 417 Pension Fund Partner — Receives net income collected from property holdings.
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.