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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 2020. Filed on November 10, 2021.

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 2020 IRS Form 990 filing, New Water Street Corp., a 501(c)(25) multi-parent title-holding organization, reported compensation for 11 out of 51 total employees. Among the employees shown here, the average compensation is $272,921. The highest compensated employee at New Water Street Corp. is Dr David Bronner with fiscal year 2020 compensation of $540,011.

Revenue, expenses, and employee compensation

Revenue

$160,727,328

Expenses

$120,619,562

Employee compensation

$7,119,188
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr David Bronner
Chair and President
$540,011
$0 $540,011 No other comp
Daniel Palino
Executive Vice President
$426,980
$391,205 No related comp$35,775
Timothy Salvemini
Chief Financial Officer
$335,311
$302,124 No related comp$33,187
William Paolini
Employee
$225,036
$198,902 No related comp$26,134
Dennis Gomez
Key Employee
$215,638
$215,638 No related compNo other comp
Scott Bridgwood
Vice President, Operations
$213,103
$204,688 No related comp$8,415
Bryan Boylan
Employee
$198,826
$198,826 No related compNo other comp
Frank Grady
Employee
$196,746
$180,488 No related comp$16,258
Eric Gatchalian
Employee
$190,897
$179,094 No related comp$11,803
Richard Neal
Employee
$186,660
$170,521 No related comp$16,139
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

Structural Preservation System LLC
Building Maintenance
$5,611,592
Harvard Protection Services LLC
IT Security
$3,452,491
Jaros Baum Bolles CO
Engineer
$368,004
Highland Associates
Interior Design
$265,238
Phillips Floral
Landscaping
$264,849

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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