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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 2018. Filed on November 15, 2019.

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 2018 IRS Form 990 filing, New Water Street Corp., a 501(c)(25) multi-parent title-holding organization, reported compensation for 11 out of 53 total employees. Among the employees shown here, the average compensation is $236,528. The highest compensated employee at New Water Street Corp. is Dr David Bronner with fiscal year 2018 compensation of $470,653.

Revenue, expenses, and employee compensation

Revenue

$148,577,471

Expenses

$113,711,848

Employee compensation

$7,083,004
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr David Bronner
Chair and President
$470,653
$0 $470,653 No other comp
Daniel Palino
Executive Vice President
$370,578
$340,607 No related comp$29,971
Timothy Salvemini
Chief Financial Officer
$269,349
$241,406 No related comp$27,943
Bruce Hodges Jr
Vice-President of Tenant R
$219,823
$206,650 No related comp$13,173
Dennis Gomez
Key Employee
$208,573
$208,573 No related compNo other comp
William Paolini
Employee
$192,510
$170,893 No related comp$21,617
Eric Gatchalian
Employee
$181,945
$169,085 No related comp$12,860
Bryan Boylan
Employee
$181,685
$181,685 No related compNo other comp
Richard Neal
Employee
$178,879
$166,174 No related comp$12,705
Richard Lamoreaux
Employee
$165,560
$161,125 No related comp$4,435
Scott Bridgwood
Vice President, Operations
$162,255
$157,475 No related comp$4,780

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Harvard Protection Services LLC
IT Security
$3,362,224
Trane Service Group
Building Maintenance
$1,149,552
Highland Associates
Architecture
$303,278
Msa Security
Security
$252,212
Tf Final Mile LLC
Logistics
$226,072

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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