COMMON MAPS
Map version new-york activity top-down
MCP Main site Contact
Menu
↑ parent activity group ·
research dossier

SKYLIGHT PROPERTIES INC
STATEN ISLAND, NY · EIN 133870857 · Form 990 · FY2024 · Micro (<$100K)
revenue
$51K
expenses
$19K
net assets
$555K
employees
0
program ratio
0%
mission · from form 990

SKY LIGHT PROPERTIES INC WAS INCORPORATED IN THE STATE OF NEW YORK TO MANAGE PROPERTIES IT RENTS TO AN AFFILIATED EXEMPT ORGANIZATION, SKY LIGHT CENTER, INC.

profile · synthesized from sources

Skylight Properties Inc is a New York-based nonprofit real estate entity that owns and manages properties rented to its affiliated organization, Skylight Center, Inc. The organization's primary activity involves leasing its property at 305/307 St Marks Place in Staten Island, NY, and maintaining it for use by the affiliated nonprofit. It also generates investment income from reserve funds.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    REVENUE AND EXPENSES RELATED TO THE RENTAL AND MAINTENANCE OF THE PROPERTY LOCATED AT 305/307 ST MARKS PLACE, STATEN ISLAND NY.
  2. #2 $0
    INVESTMENT INCOME ON FUNDS HELD IN RESERVE.REALIZED GAIN ON FUNDS HELD IN RESERVE.
named programs · 2 · from sources

What they call their work

Property Management and Leasing
Manages and leases property located at 305/307 St Marks Place, Staten Island, NY to affiliated nonprofit Skylight Center, Inc
Reserve Fund Investment
Holds and invests organizational reserve funds, generating income and realized gains
activities · 2 groups

What they do

  • Endowment and Gift Fund Management 1 activity
    • Investment income generation
      Generates investment income and realizes capital gains from funds held in reserve.
  • Nonprofit Real Estate Holding 1 activity
    • Property management and maintenance operations
      Manages rental and maintenance operations for property located at 305/307 St Marks Place, Staten Island, NY.
financials · form 990 · fy2024
revenue
Total revenue$51K
Contributions & grants$00%
Program service revenue$00%
Investment income$8282%
Other revenue$51K
expenses
Total expenses$19K
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$555K
Cash$158K
Investments$49K
Liabilities$0
Net assets$555K
Liquid reserves133.6 mo
3 years on record · 2020–2024 · YoY revenue -50.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • DENNIS SCIMONE — SECRETARY
  • MARTIN PHILLIPS — PRESIDENT
  • RAVI RAMASWAMY — TREASURER
relationships · 1

Who they work with

  • SKY LIGHT CENTER, INC Partner — Affiliated exempt organization that rents property from SKYLIGHT PROPERTIES INC.