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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 2017. Filed on November 13, 2018.

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 2017 IRS Form 990 filing, New Water Street Corp., a 501(c)(25) multi-parent title-holding organization, reported compensation for 11 out of 52 total employees. Among the employees shown here, the average compensation is $200,052. The highest compensated employee at New Water Street Corp. is Dr David Bronner with fiscal year 2017 compensation of $444,312.

Revenue, expenses, and employee compensation

Revenue

$157,755,189

Expenses

$109,591,000

Employee compensation

$6,829,800
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr David Bronner
Chair and President
$444,312
$0 $444,312 No other comp
Daniel Palino
Executive Vice-President, Chief Operations Officer
$343,095
$321,963 No related comp$21,132
Dennis Gomez
Key Employee
$215,520
$215,520 No related compNo other comp
Bruce Hodges Jr
Vice-President of Tenant Relations and Leasing
$199,399
$188,081 No related comp$11,318
William Paolini
Employee
$188,901
$166,352 No related comp$22,549
Bryan Boylan
Employee
$159,111
$159,111 No related compNo other comp
Glenn Oldhoff
Employee
$154,356
$154,356 No related compNo other comp
Richard Lamoreaux
Employee
$152,188
$152,188 No related compNo other comp
Robert Chase
Employee
$147,979
$123,356 No related comp$24,623
Scott Bridgwood
Vice President, Operations
$143,426
$143,225 No related comp$201
Timothy Salvemini
Chief Financial Officer
$52,290
$45,129 No related comp$7,161

Benchmark Employee Compensation

Non-Employee Board Members

George Philip
Director
R Marc Green
Director
Stephen Glennon
Director
Thomas Milne
Director

Contractors

Trane Service Group
Building Maintenance
$5,759,748
Harvard Protection Services LLC
IT Security
$3,090,902
Carlos M Velazquez and Association LLP
Legal
$290,181
Rek Tek LLC
Electrical Engineering
$276,887
Jaros Baum & Bolles Consulting LLP
Consulting
$273,735

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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