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1205 BUILDING CORPORATION

FARMINGDALE, NY · EIN 111964088 · Form 990 · FY2025 · Small ($100K-$1M)
revenue
$203K
expenses
$115K
net assets
$753K
employees
0
mission · from form 990

TO HOLD AND MAINTAIN REAL PROPERTY FOR LOCAL 1205 I.B.OF T., A TAX EXEMPT ENTITY WHO IS THE SOLE SHAREHOLDER.

profile · synthesized from sources

1205 Building Corporation is a New York-based nonprofit that holds and maintains real property for Local 1205 I.B.of T., a tax-exempt entity that is its sole shareholder. The organization does not appear to provide direct public services or operate programs beyond property management. Its mission is focused exclusively on real estate stewardship for the benefit of a single affiliated organization.

named programs · 2 · from sources

What they call their work

Property Maintenance
Maintains and manages real property assets to support the operational needs of Local 1205 I.B.of T.
Real Property Holding
Holds title to real estate for the benefit of Local 1205 I.B.of T., ensuring long-term control and use of property by the labor organization
activities · 1 group

What they do

  • Union Real Estate Holding Corporation 1 activity
    • Holds and maintains real property for union
      Holds and maintains real property for Local 1205 I.B. of T., a tax-exempt entity and its sole shareholder, supporting the union's operations through infrastructure management.
financials · form 990 · fy2025
revenue
Total revenue$203K
Contributions & grants$00%
Program service revenue$203K100%
Investment income$3000%
Other revenue$0
expenses
Total expenses$115K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$755K
Cash$219K
Investments$0
Liabilities$3K
Net assets$753K
Liquid reserves22.8 mo
6 years on record · 2020–2025 · YoY revenue +4.7%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
NELSON NUNEZ PRESIDENT 1 $146K
LORI RIZZITANO SECRETARY TREASURER 1 $120K
relationships · 1

Who they work with

  • Local 1205 I.B. of T. Partner — Primary beneficiary and sole shareholder for which real property is held and maintained.