The corporation is organized for the exclusive purpose of acquiring, holding title to, managing and leasing real property, collecting the income from real property and remitting the entire amount thereof, less expenses, to its shareholders, each of whom must be an organization described in Section 501(c)(25)(c) of the code, and incurring acquisition indebtedness using the real property as collateral, and executing any mortgage, note, contract or obligation necessary or convenient to carry out the foregoing.
Executive compensation
Form 990 · Schedule J · 7 reported individuals · Filing year 2024
| Position | Total |
|---|---|
Director board member | $51k $55k |
Director board member | $47k $50k |
Secretary officer (unspecified) | $43k $46k |
Director board member | $40k $43k |
President | $30k $32k |
Treasurer officer (unspecified) | $30k $32k |
Vice President vice president | $20k $22k |
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.
Climbed 12%
over 2 years
From $46k in 2022 to $51k in 2024.
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.
Revenue and expenses over time
Seven Lebanon Street Inc reported revenue and expenses across 3 filing years.
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