501-507 WEST 42ND STREET REALTY CORP WAS FORMED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY AND FOR COLLECTING INCOME THERE FROM, AND TURNING OVER THE ENTIRE AMOUNT THERE OF, LESS EXPENSES TO LOCAL 580 PENSION FUND.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Fund Administrator Key Employee 25th percentile to median | $128k $138k |
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.
Plus 4 unpaid individuals.
Up 3%
from 2023
From $124k in 2023 to $128k in 2024.
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.
Key Employee pay rose 3% from 2023 to 2024, while revenue rose 24%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
501-507 WEST 42ND STREET REALTY CORP reported revenue and expenses across 2 filing years.
Common questions about 501-507 WEST 42ND STREET REALTY CORP
What does the Key Employee of 501-507 WEST 42ND STREET REALTY CORP earn?
In 2024, the Key Employee of 501-507 WEST 42ND STREET REALTY CORP received $127,842 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Key Employee pay at 501-507 WEST 42ND STREET REALTY CORP compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at 501-507 WEST 42ND STREET REALTY CORP falls between the 25th percentile and the median.
What are 501-507 WEST 42ND STREET REALTY CORP's revenue and expenses?
In 2024, 501-507 WEST 42ND STREET REALTY CORP reported $610k in total revenue and $591k in total expenses on its IRS Form 990.
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