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Nonprofiteer
← WESTCHESTER-PUTNAM BUILDING LABORERS CENTER INC

Form 990 for tax year 2024

Filed by WESTCHESTER-PUTNAM BUILDING LABORERS CENTER INC.

Totals

Total revenue
$436,106
Total expenses
$369,269
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$430,674
Investment income
$5,432
Other revenue
$0
Total assets, end of year
$1,005,680
Total liabilities, end of year
$725,393
Net assets or fund balances, end of year
$280,287
Program services expenses (Part IX)
$369,269
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$369,269

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: REIMBURSED SHARED EXPS

    total $225,674 · related or exempt $225,674

  • 2b · Program service revenue: RENTAL INCOME

    total $205,000 · related or exempt $205,000

  • 3 · Investment income

    total $5,432 · excluded $5,432

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $1,000 · program services $1,000

  • 16 · Occupancy

    total $96,545 · program services $96,545

  • 21 · Payments to affiliates

    total $58,273 · program services $58,273

  • 22 · Depreciation, depletion and amortization

    total $45,051 · program services $45,051

  • 23 · Insurance

    total $34,268 · program services $34,268

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $129,632 · program services $129,632

  • 24e · All other expenses

    total $4,500 · program services $4,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $138,723 · end of year $114,753

  • 4 · Accounts receivable

    beginning of year $4,128 · end of year $34,809

  • 10a · Land, buildings and equipment: cost or other basis

    $2,193,119

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,337,001

  • 10c · Land, buildings and equipment, net

    beginning of year $900,108 · end of year $856,118

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,014 · end of year $8,438

  • 25 · Other liabilities

    beginning of year $826,495 · end of year $716,955

  • 27 · Net assets without donor restrictions

    beginning of year $213,450 · end of year $280,287

Mission and programs · 2024

Mission

RENTAL PROPERTY USED FOR TAX EXEMPT ORGANIZATIONS.

  • RENTAL PROPERTY USED FOR TAX EXEMPT ORGANIZATIONS.

    Expenses $369,269 · Revenue $430,674

As filed on the 2024 return.

Listed in Part VII

  • Miguel Cruz

    TRUSTEE

    Total calculated
    $285,201
    From this org
    $0
    From related orgs
    $171,838
    Other
    $113,363
    Hours/week
    0.02 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $171,838 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $84,061 related
    Nontaxable benefits
    $0 + $29,302 related
    Filer's total
    $0 + $285,201 related
  • Matthew Pepe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.02 + 0.2 related
  • Mark Fante

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.02 + 0.2 related
  • Ralph J Merritt

    CHAIRMAN

    Total calculated
    $441,410
    From this org
    $0
    From related orgs
    $292,930
    Other
    $148,480
    Hours/week
    0.02 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $292,930 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $119,178 related
    Nontaxable benefits
    $0 + $29,302 related
    Filer's total
    $0 + $441,410 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2025
IRS schema version
2024v5.1
Source object
202531279349301433

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