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Filing year 2024

2 26 50TH AVENUE REAL ESTATE CO INC

Long Island City, New York·EIN 47-2397304·501(c)(2)
Total revenue
$674k
Total assets
$4.8M
Total expenses
$772k
Reported officers
2
Mission

TO OWN AND LEASE TO A THIRD PARTY OPERATOR THE TWO STORY PARKING GARAGE LOT LOCATED AT 2-26 50TH AVENUE, LONG ISLAND CITY, NEW YORK, ON BEHALF OF THE PLUMBERS LOCAL UNION NO. 1. THE UNION IS A LABOR ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Median to 75th percentile
$141k
$153k
Secretary/treasurer
Median to 75th percentile
$133k
$144k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Held steady
from 2023

From $140k in 2023 to $141k in 2024.

$140k
2023
$141k
2024
In today's dollarsEst.
Down 3% in real terms$157k to $153k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue fell 11%.

$140k in 2023 to $141k in 2024.
  • Chief Financial Officer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

2 26 50TH AVENUE REAL ESTATE CO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$755k
$696k
2023
$674k
$772k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about 2 26 50TH AVENUE REAL ESTATE CO INC

What does the Chief Executive Officer of 2 26 50TH AVENUE REAL ESTATE CO INC earn?

In 2024, the Chief Executive Officer of 2 26 50TH AVENUE REAL ESTATE CO INC received $141,223 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at 2 26 50TH AVENUE REAL ESTATE CO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at 2 26 50TH AVENUE REAL ESTATE CO INC falls between the median and the 75th percentile.

What are 2 26 50TH AVENUE REAL ESTATE CO INC's revenue and expenses?

In 2024, 2 26 50TH AVENUE REAL ESTATE CO INC reported $674k in total revenue and $772k in total expenses on its IRS Form 990.

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