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EAGLE REALTY HOLDINGS INC

STONY BROOK, NY · EIN 113053106 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$2.7M
expenses
$2.5M
net assets
$4.8M
employees
0
volunteers
9
program ratio
94%
mission · from form 990

THE PURPOSE OF EAGLE REALTY HOLDINGS, INC. IS TO HOLD TITLE TO COMMERCIAL AND RESIDENTIAL PROPERTIES AND DISTRIBUTE THE NET PROCEEDS TO THE WARD MELVILLE HERITAGE ORGANIZATION, LTD. TO CONTINUE ITS CHARITABLE MISSION.

profile · synthesized from sources

Eagle Realty Holdings Inc is a New York-based nonprofit real estate holding company. Its primary purpose is to hold title to commercial and residential properties and distribute net proceeds to the Ward Melville Heritage Organization, Ltd to support its charitable mission. The organization does not directly operate programs but functions as a financial and property management entity.

named programs · 1 · from sources

What they call their work

Property Holding and Management
Holds title to commercial and residential properties; generates income through real estate operations to distribute net proceeds to the Ward Melville Heritage Organization, Ltd
activities · 1 group

What they do

  • Endowment and Gift Fund Management 1 activity
    • Funds charitable mission through property proceeds
      Acquires and holds title to commercial and residential properties, then distributes net proceeds to the Ward Melville Heritage Organization, Ltd. to support its charitable mission.
financials · form 990 · fy2024
revenue
Total revenue$2.66M
Contributions & grants$00%
Program service revenue$00%
Investment income$48K2%
Other revenue$2.61M
expenses
Total expenses$2.46M
Program expenses94%
Admin / overhead7%
Fundraising0%
Salaries & benefits$0
Grants paid out$3K
Largest expense lineProfessional Fees
balance sheet
Total assets$5.74M
Cash$1.50M
Investments$0
Liabilities$968K
Net assets$4.77M
Liquid reserves7.3 mo
6 years on record · 2019–2024 · YoY revenue -4.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 9
  • Charles Napoli — Trustee
  • Dr Richard Rugen — Chairman
  • Edward J Gutleber ESQ — Vice Chairman
  • Graham Scaife — Trustee
  • James Murdocco — Trustee
  • Kathleen Mich — Treasurer
  • Laura Huang-Ernst — Trustee
  • Mary Van Tuyl — Trustee
  • andy skitmore — Trustee
relationships · 1

Who they work with

  • Ward Melville Heritage Organization, Ltd. Partner — Distributes net proceeds from real estate holdings to support the charitable mission of Ward Melville Heritage Organization, Ltd.
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.