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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations 2 26 50TH Avenue Real Estate CO Inc.

2 26 50TH Avenue Real Estate CO Inc.

Fiscal year ending 2024. Filed on September 5, 2025.

50-02 Fifth St 2nd Floor
Long Island City, New York 11101

2 26 50TH Avenue Real Estate CO Inc. (EIN: 47-2397304) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, 2 26 50TH Avenue Real Estate CO Inc., a 501(c)(2) title-holding organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $366,208. The highest compensated employee at 2 26 50TH Avenue Real Estate CO Inc. is Paul O'Connor with fiscal year 2024 compensation of $385,279.

Revenue, expenses, and employee compensation

Revenue

$673,554

Expenses

$771,934

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul O'Connor
President
$385,279
$0 $244,056 $141,223
Fred Delligatti
Secretary and Treasurer
$347,137
$0 $214,412 $132,725

Benchmark Employee Compensation

Contractors

The Powerhouse Yard Condominium
Property Management Fees
$104,289

Mission Statement

TO OWN AND LEASE TO A THIRD PARTY OPERATOR THE TWO STORY PARKING GARAGE LOT LOCATED AT 2-26 50TH AVENUE, LONG ISLAND CITY, NEW YORK, ON BEHALF OF THE PLUMBERS LOCAL UNION NO. 1. THE UNION IS A LABOR ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE.

Revisions to this organization profile

September 5, 2025:
2024 2 26 50TH Avenue Real Estate CO Inc. 990 filed
October 11, 2024:
2023 2 26 50TH Avenue Real Estate CO Inc. 990 filed
July 10, 2023:
2022 2 26 50TH Avenue Real Estate CO Inc. 990 filed

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