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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 New Water Street Corp.

New Water Street Corp.

Fiscal year ending 2023. Filed on June 13, 2024.

55 Water Street
New York, New York 10041

New Water Street Corp. (EIN: 51-0292269) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, New Water Street Corp., a 501(c)(25) multi-parent title-holding organization, reported compensation for 10 out of 51 total employees. Among the employees shown here, the average compensation is $302,696. The highest compensated employee at New Water Street Corp. is Dr David Bronner with fiscal year 2023 compensation of $666,747.

Revenue, expenses, and employee compensation

Revenue

$184,410,475

Expenses

$124,575,885

Employee compensation

$7,933,670
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr David Bronner
Chair and President
$666,747
$0 $666,747 No other comp
Daniel Palino
Executive Vice President
$443,017
$407,817 No related comp$35,200
Timothy Salvemini
Chief Financial Officer
$376,853
$335,029 No related comp$41,824
William Paolini
Vice President of Construc
$247,164
$217,649 No related comp$29,515
Scott Bridgwood
Vice President, Operations
$225,026
$217,789 No related comp$7,237
Eric Gatchalian
SR Project Manager II
$222,407
$193,477 No related comp$28,930
Frank Grady
SR Project Manager I
$220,095
$201,898 No related comp$18,197
Dennis Gomez
Chief Engineer
$214,105
$214,105 No related compNo other comp
Richard Neal
Controller
$210,371
$192,443 No related comp$17,928
Bryan Boylan
ASST Chief Engineer
$201,178
$201,178 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bruce W Hodges Sr
Director
George Philip
Director
R Marc Green
Director
Stephen Glennon
Director
Thomas Milne
Director

Contractors

Harvard Protection Services LLC
IT Security
$3,683,131
Vanguard Construction & Development
Construction Management
$1,010,869
Jaros Baum & Boles Consulting LLP
Consulting
$414,683
Msa Security
Security
$276,259
Structural Preservation System LLC
Structural
$251,202

Mission Statement

THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND FOR EMPLOYEES OF STATE OF ALABAMA.

Revisions to this organization profile

June 13, 2024:
2023 New Water Street Corp. 990 filed
May 15, 2023:
2022 New Water Street Corp. 990 filed
July 14, 2022:
2021 New Water Street Corp. 990 filed

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