Local No 1 Realty Corp.

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

47-24 27th Street
Long Island City, New York 11101

Local No 1 Realty Corp. (EIN: 13-3321278) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Local No 1 Realty Corp., a 501(c)(2) title-holding organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $400,561. The highest compensated employee at Local No 1 Realty Corp. is Leonard Legotte with fiscal year 2024 compensation of $436,150.

Revenue, expenses, and employee compensation

Revenue

$1,163,212

Expenses

$684,287

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY ON BEHALF OF LOCAL 1 ELEVATOR CONSTRUCTORS UNION OF NEW YORK CITY AND VICINITY, TO COLLECT THE INCOME FROM SUCH REAL PROPERTY, TO PAY THE EXPENSES OF OPERATING AND MAINTAINING SUCH REAL PROPERTY AND TO TURN OVER AMOUNTS AS PROPER TO LOCAL UNION NO. 1.

Revisions to this organization profile

June 5, 2025:
2024 Local No 1 Realty Corp. 990 filed
September 4, 2024:
2023 Local No 1 Realty Corp. 990 filed
June 2, 2023:
2022 Local No 1 Realty Corp. 990 filed

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