Skip to content
Nonprofiteer
← LOCAL 1500 BUILDING INC

Form 990 for tax year 2023

Filed by LOCAL 1500 BUILDING INC.

Totals

Total revenue
$799,027
Total expenses
$764,489
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$788,800
Investment income
$10,227
Other revenue
$0
Total assets, end of year
$11,144,000
Total liabilities, end of year
$5,565
Net assets or fund balances, end of year
$11,138,435
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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: RENT FROM AFFILIATES

    total $788,800 · related or exempt $788,800

  • 3 · Investment income

    total $10,227 · related or exempt $10,227

Functional expenses

Part IX, the statement of functional expenses.

  • 13 · Office expenses

    total $48,457

  • 14 · Information technology

    total $3,520

  • 16 · Occupancy

    total $70,568

  • 22 · Depreciation, depletion and amortization

    total $262,516

  • 23 · Insurance

    total $20,607

  • 24a · Other expenses: REAL ESTATE TAXES

    total $290,978

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $56,347

  • 24c · Other expenses: SECURITY

    total $11,471

  • 24d · Other expenses: BANK FEES

    total $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $212,354 · end of year $562,680

  • 9 · Prepaid expenses and deferred charges

    beginning of year $96,830 · end of year $19,086

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

    $14,081,849

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

    $3,519,615

  • 10c · Land, buildings and equipment, net

    beginning of year $10,791,617 · end of year $10,562,234

  • 15 · Other assets

    beginning of year $18,534 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,438 · end of year $5,565

  • 27 · Net assets without donor restrictions

    beginning of year $11,103,897 · end of year $11,138,435

Mission and programs · 2023

Mission

TO HOLD TITLE TO PROPERTY OCCUPIED BY RELATED TAX EXEMPT ENTITIES.

  • ENTITY HOLDS TITLE TO PROPERTY THAT HOUSES THE OFFICES OF UFCW LOCAL 1500, A 501(C)5 EXEMPT ORGANIZATION (13-5342295) AND VARIOUS RELATED TAX EXEMPT ENTITIES UNDER 501(C)9, 501(A), 501(C)5, AND 501(C)3.

As filed on the 2023 return.

Listed in Part VII

  • ROBERT NEWELL

    UNION PRESIDENT

    Total calculated
    $414,088
    From this org
    $0
    From related orgs
    $372,474
    Other
    $41,614
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $343,375 related
    Bonus
    $0 + $16,575 related
    Other
    $0 + $12,524 related
    Deferred
    $0 + $19,378 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $414,088 related

  • PAUL SANTARPIA

    VICE PRESIDENT/FIELD DIREC

    Total calculated
    $195,204
    From this org
    $0
    From related orgs
    $167,828
    Other
    $27,376
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,150 related
    Bonus
    $0 + $18,650 related
    Other
    $0 + $10,028 related
    Deferred
    $0 + $5,140 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $195,204 related

  • JOSEPH WADDY

    UNION EVP

    Total calculated
    $270,000
    From this org
    $0
    From related orgs
    $237,045
    Other
    $32,955
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,250 related
    Bonus
    $0 + $19,700 related
    Other
    $0 + $12,095 related
    Deferred
    $0 + $10,719 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $270,000 related

  • ALY WADDY

    SECRETARY-TREASURER

    Total calculated
    $345,068
    From this org
    $0
    From related orgs
    $308,495
    Other
    $36,573
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $284,175 related
    Bonus
    $0 + $12,225 related
    Other
    $0 + $12,095 related
    Deferred
    $0 + $14,337 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $345,068 related

  • DAVID BRIJLALL

    BUSINESS REPRESENTATIVE

    Total calculated
    $144,661
    From this org
    $0
    From related orgs
    $116,438
    Other
    $28,223
    Hours/week
    0 + 40 related

  • ROBERT ECKER

    VICE PRESIDENT

    Total calculated
    $147,475
    From this org
    $0
    From related orgs
    $120,278
    Other
    $27,197
    Hours/week
    0 + 40 related

  • GREGORY PASQUALE

    VICE PRESIDENT

    Total calculated
    $156,876
    From this org
    $0
    From related orgs
    $128,513
    Other
    $28,363
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $108,550 related
    Bonus
    $0 + $18,125 related
    Other
    $0 + $1,838 related
    Deferred
    $0 + $6,127 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $156,876 related

  • JULIUS SCORZELLI

    VICE PRESIDENT

    Total calculated
    $161,484
    From this org
    $0
    From related orgs
    $135,074
    Other
    $26,410
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $115,275 related
    Bonus
    $0 + $11,175 related
    Other
    $0 + $8,624 related
    Deferred
    $0 + $4,174 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $161,484 related

  • LYNN SHIELS

    BUSINESS REPRESENTATIVE

    Total calculated
    $225,292
    From this org
    $0
    From related orgs
    $202,273
    Other
    $23,019
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,800 related
    Bonus
    $0 + $4,500 related
    Other
    $0 + $50,973 related
    Deferred
    $0 + $783 related
    Nontaxable benefits
    $0 + $22,236 related
    Filer's total
    $0 + $225,292 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

  • 4a · Severance or change-of-control payment

Answered no

  • 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
2023
Filed
4 November 2024
IRS schema version
2023v5.1
Source object
202413139349302221

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.