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SALAMANDER REALTY CORP
LONG ISLAND CITY, NY · EIN 463193847 · Form 990 · FY2025 · NTEE S47 · Community Improvement · Small ($100K-$1M)
revenue
$753K
expenses
$664K
net assets
$-238K
employees
0
mission · from form 990

ESTABLISHED AS A NOMINEE OF THE UNION TO HOLD TITLE TO REAL ESTATE.

profile · synthesized from sources

SALAMANDER REALTY CORP is a New York-based nonprofit established to hold title to real estate on behalf of a union. Its primary function is serving as a nominee entity for property ownership, operating within the community improvement sector. The organization does not appear to run public-facing programs or services.

named programs · 1 · from sources

What they call their work

Real Estate Nominee Services
Holds title to real estate properties on behalf of a labor union, facilitating property management and ownership
activities · 1 group

What they do

  • Union Real Estate Holding Corporation 1 activity
    • Hold title to real estate as nominee for union
      Acts as a nominee to hold title to real estate on behalf of a union, facilitating ownership and property management.
financials · form 990 · fy2025
revenue
Total revenue$753K
Contributions & grants$200K27%
Program service revenue$553K73%
Investment income$250%
Other revenue$0
expenses
Total expenses$664K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$12.49M
Cash$31K
Investments$0
Liabilities$12.73M
Net assets$-238K
Liquid reserves0.6 mo
6 years on record · 2020–2025 · YoY revenue +33.5%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
JOHN B JOVIC SECRETARY TREASURER/BUS MG 1 $284K
MARK L BAYALA PRESIDENT - THRU 7/25 1 $135K
OCTAVIO SOARES PRESIDENT - EFF 7/25 1 $15K
relationships · 1

Who they work with

  • Union Partner — Acts as nominee to hold title to real estate on behalf of the union.
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.