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Filing year 2024

NEW WATER STREET CORP

New York, New York·EIN 51-0292269·25
Total revenue
$180.5M
Total assets
$798.7M
Total expenses
$125.1M
Reported officers
14
Mission

THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND OF THE STATE OF ALABAMA.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2024

Executive Vice-president,
$472k
$510k
Base
$434k
Bonus
Other
Benefits
$24k
Chief Financial Officer
$392k
$424k
Base
$346k
Bonus
Other
Benefits
$35k
Vice President of Construc
vice president
$260k
$281k
Base
$227k
Bonus
Other
Benefits
$24k
Sr Project Manager II
highest compensated employee
$239k
$258k
Base
$207k
Bonus
Other
Benefits
$24k
Chief Engineer
key employee
$237k
$256k
Base
$237k
Bonus
Other
Benefits
Vice-president of Operatio
$237k
$256k
Base
$227k
Bonus
Other
Benefits
$3k
Sr Project Manager I
highest compensated employee
$231k
$249k
Base
$210k
Bonus
Other
Benefits
$13k
Controller
highest compensated employee
$222k
$240k
Base
$202k
Bonus
Other
Benefits
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Up 7%
from 2023

From $443k in 2023 to $472k in 2024.

$443k
2023
$472k
2024
In today's dollarsEst.
Up 3% in real terms$495k to $510k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

NEW WATER STREET CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$184.4M
$124.6M
2023
$180.5M
$125.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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