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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 Unclassified 50 Broadway Realty Corp.

50 Broadway Realty Corp.

Fiscal year ending 2019. Filed on July 6, 2020.

52 Broadway
New York, New York 10004

50 Broadway Realty Corp. (EIN: 02-0555262) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, 50 Broadway Realty Corp., a 501(c)(2) title-holding organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $204,385. The highest compensated employee at 50 Broadway Realty Corp. is Michael Mulgrew with fiscal year 2019 compensation of $377,689.

Revenue, expenses, and employee compensation

Revenue

$17,710,202

Expenses

$16,364,455

Employee compensation

$1,090,632
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Mulgrew
President
$377,689
$0 $334,444 $43,245
Leroy Barr
Secretary
$271,502
$0 $231,543 $39,959
Kevin Ridder
BLDG Maintenance
$256,209
$202,098 No related comp$54,111
Charles Hohmann
BLDG Maintenance
$254,925
$196,636 No related comp$58,289
Frank Finamore
BLDG Maintenance
$177,544
$131,062 No related comp$46,482
Joseph Bosco
BLDG Maintenance
$171,611
$124,804 No related comp$46,807
Maurice O'Leary
BLDG Maintenance
$165,874
$123,980 No related comp$41,894
Howard Schoor
Former Secretary
$152,819
$0 $128,296 $24,523
Debra Penny
Treasurer
$118,480
$0 $101,977 $16,503
Melvyn Aaronson
Former Treasurer
$97,196
$0 $81,274 $15,922

Benchmark Employee Compensation

Contractors

Talisen Construction Corp.
Construction Provider
$2,099,310
Pbm LLC
Commercial Building Maintenance
$1,862,274
Cushman & Wakefield US Inc.
Building Managing Agent
$992,430
Par Plumbing CO Inc.
Plumbing
$834,686
Centennial Elevator Industries Inc.
Elevator Maintenanc
$830,198

Mission Statement

WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AND OPERATING REAL PROPERTY LOCATED AT 50 BROADWAY, NEW YORK, NEW YORK ON BEHALF OF THE UNITED FEDERATION OF TEACHERS, LOCAL 2.

Revisions to this organization profile

June 13, 2025:
2024 50 Broadway Realty Corp. 990 filed
June 13, 2024:
2023 50 Broadway Realty Corp. 990 filed
June 12, 2023:
2022 50 Broadway Realty Corp. 990 filed

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