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Filing year 2024

LOCAL NO 1 REALTY CORP

Long Island City, New York·EIN 13-3321278·2
Total revenue
$1.2M
Total assets
$5.3M
Total expenses
$684k
Reported officers
3
Mission

TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY ON BEHALF OF LOCAL 1 ELEVATOR CONSTRUCTORS UNION OF NEW YORK CITY AND VICINITY, TO COLLECT THE INCOME FROM SUCH REAL PROPERTY, TO PAY THE EXPENSES OF OPERATING AND MAINTAINING SUCH REAL PROPERTY AND TO TURN OVER AMOUNTS AS PROPER TO LOCAL UNION NO. 1.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

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

Secretary-treasurer
Board Treasurer
Above 90th percentile
$109k
$117k
Trustee
Board Member
Above 90th percentile
$109k
$117k
President
Board President
Above 90th percentile
$108k
$117k

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.

Up 2%
from 2023

From $106k in 2023 to $109k in 2024.

$106k
2023
$109k
2024
In today's dollarsEst.
Down 1% in real terms$119k to $117k

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

Board Treasurer pay rose 2% from 2023 to 2024, while revenue rose 6%.

$106k in 2023 to $109k in 2024.
  • Board Member pay rose 2% from 2023 to 2024.
  • Board President pay rose 2% 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

LOCAL NO 1 REALTY CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$654k
2023
$1.2M
$684k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL NO 1 REALTY CORP

What does the Board Treasurer of LOCAL NO 1 REALTY CORP earn?

In 2024, the Board Treasurer of LOCAL NO 1 REALTY CORP received $108,658 in total compensation. This pay is in the top 10% for Board Treasurer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Treasurer pay at LOCAL NO 1 REALTY CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Treasurer at LOCAL NO 1 REALTY CORP falls in the top 10%.

What are LOCAL NO 1 REALTY CORP's revenue and expenses?

In 2024, LOCAL NO 1 REALTY CORP reported $1.2M in total revenue and $684k in total expenses on its IRS Form 990.

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