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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 Local 863 Corporation

Local 863 Corporation

Fiscal year ending 2024. Filed on November 7, 2025.

209 Summit Road
Mountainside, New Jersey 07092

Local 863 Corporation (EIN: 23-7223245) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Local 863 Corporation, a 501(c)(2) title-holding organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $223,909. The highest compensated employee at Local 863 Corporation is Alphonse Rispoli Jr with fiscal year 2024 compensation of $287,785.

Revenue, expenses, and employee compensation

Revenue

$80,989

Expenses

$0

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alphonse Rispoli Jr
Secretary and Treasurer
$287,785
$0 $143,694 $144,091
Louis Sanchez
President
$251,171
$0 $131,426 $119,745
Charles O'Mara
Recording Secretary
$215,914
$0 $110,410 $105,504
George Grimshaw
Vice President
$140,764
$0 $79,426 $61,338

Benchmark Employee Compensation

Non-Employee Board Members

Juan Marrero
Trustee
$146,053
$0 $97,094 $48,959
Donovan Dobbs
Trustee
$70,290
$0 $55,226 $15,064
Elias Cayado
Trustee
$7,680
$0 $6,000 $1,680
Brian Clancy
Trustee
$960
$0 $750 $210

Mission Statement

LEASE OF LAND AND BUILDING TO LOCAL UNION 863 AND AFFILIATED ENTITIES

Revisions to this organization profile

November 7, 2025:
2024 Local 863 Corporation 990 filed
November 7, 2024:
2023 Local 863 Corporation 990 filed
November 3, 2023:
2022 Local 863 Corporation 990 filed

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