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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 2023. Filed on June 13, 2024.

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 2023 IRS Form 990 filing, 50 Broadway Realty Corp., a 501(c)(2) title-holding organization, reported compensation for 8 out of 10 total employees. Among the employees shown here, the average compensation is $244,247. The highest compensated employee at 50 Broadway Realty Corp. is Michael Mulgrew with fiscal year 2023 compensation of $388,142.

Revenue, expenses, and employee compensation

Revenue

$16,262,421

Expenses

$15,583,635

Employee compensation

$975,853
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Mulgrew
President
$388,142
$0 $327,736 $60,406
Kevin Ridder
BLDG Maintenance
$287,583
$219,923 No related comp$67,660
Leroy Barr
Secretary
$281,194
$0 $225,870 $55,324
Charles Hohmann
BLDG Maintenance
$270,989
$202,343 No related comp$68,646
Frank Finamore
BLDG Maintenance
$196,230
$140,435 No related comp$55,795
Maurice O'Leary
BLDG Maintenance
$193,952
$140,222 No related comp$53,730
David Hickey
BLDG Manager
$193,085
$193,085 No related compNo other comp
Debra Penny
Treasurer
$142,800
$0 $114,240 $28,560

Benchmark Employee Compensation

Contractors

Pbm LLC
Building Maintenance
$1,937,255
Con Edison
Energy Provider
$675,936
Harvard Protection Services LLC
Security
$385,112
Unity Electric CO Inc.
Electrical Contractor
$314,400
Cushman & Wakefield Is Inc.
Building Management
$294,193

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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