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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 2019. Filed on July 13, 2020.

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 2019 IRS Form 990 filing, New Water Street Corp., a 501(c)(25) multi-parent title-holding organization, reported compensation for 11 out of 54 total employees. Among the employees shown here, the average compensation is $258,617. The highest compensated employee at New Water Street Corp. is Dr David Bronner with fiscal year 2019 compensation of $515,516.

Revenue, expenses, and employee compensation

Revenue

$159,557,162

Expenses

$116,095,343

Employee compensation

$7,466,105
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr David Bronner
Chair and President
$515,516
$0 $515,516 No other comp
Daniel Palino
Executive Vice President
$366,777
$334,188 No related comp$32,589
Timothy Salvemini
Chief Financial Officer
$331,535
$299,897 No related comp$31,638
Dennis Gomez
Key Employee
$222,559
$222,559 No related compNo other comp
Bryan Boylan
Employee
$203,402
$203,402 No related compNo other comp
William Paolini
Employee
$200,581
$178,902 No related comp$21,679
Scott Bridgwood
Vice President, Operations
$196,020
$191,365 No related comp$4,655
Eric Gatchalian
Employee
$185,646
$172,643 No related comp$13,003
Richard Neal
Employee
$182,827
$170,166 No related comp$12,661
Michael Rinaldi
Employee
$181,309
$152,213 No related comp$29,096
Bruce Hodges Jr
Vice-President of Tenant R
$0

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
$3,764,687
Structural Preservation System LLC
Building Maintenance
$1,551,520
Fried Frank Harris Shriver
Legal
$511,790
Msa Security
Security
$241,044
Tf Final Mile LLC
Logistics
$233,241

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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