Skip to content
Nonprofiteer
← 49 EAST 21 COMPANY INC

Form 990 for tax year 2024

Filed by 49 EAST 21 COMPANY INC.

Totals

Total revenue
$0
Total expenses
$3,500
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$8,434,128
Total liabilities, end of year
$3,601
Net assets or fund balances, end of year
$8,430,527
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.

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $3,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 15 · Other assets

    beginning of year $8,433,327 · end of year $8,434,128

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,800 · end of year $3,601

  • 29 · Capital stock, trust principal or current funds

    beginning of year $3 · end of year $3

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $8,430,524 · end of year $8,430,524

Mission and programs · 2024

Mission

49 EAST 21 COMPANY, INC. WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AND OPERATING REAL PROPERTY ON BEHALF OF THE UNITED FEDERATION OF TEACHERS, LOCAL 2.

Activities or mission (Part I)

TO ACQUIRE AND OPERATE REAL PROPERTY ON BEHALF OF THE UNITED FEDERATION OF TEACHERS.

  • GROSS EXPENSES INCURRED BY CORPORATION HOLDING TITLE TO PROPERTY FOR AN EXEMPT ORGANIZATION.

As filed on the 2024 return.

Listed in Part VII

  • MICHAEL MULGREW

    PRESIDENT

    Total calculated
    $431,656
    From this org
    $0
    From related orgs
    $347,082
    Other
    $84,574
    Hours/week
    1 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $340,887 related
    Bonus
    $0
    Other
    $0 + $6,195 related
    Deferred
    $0 + $51,085 related
    Nontaxable benefits
    $0 + $33,489 related
    Filer's total
    $0 + $431,656 related

  • LEROY BARR

    SECRETARY

    Total calculated
    $344,339
    From this org
    $0
    From related orgs
    $239,707
    Other
    $104,632
    Hours/week
    1 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $239,707 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $71,143 related
    Nontaxable benefits
    $0 + $33,489 related
    Filer's total
    $0 + $344,339 related

  • VICTORIA LEE

    TREASURER

    Total calculated
    $122,260
    From this org
    $0
    From related orgs
    $98,203
    Other
    $24,057
    Hours/week
    1 + 33 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

None.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • UFT MEMORIALS INC

    C · PURCHASE PLOTS FROM CEMETARY ORGS AND MAKES SUCH PLOTS AVAILABLE TO MEMBERS · NY

    Directly controlled by UNITED FEDERATION OF TEACHERS LOCAL 2 AFT

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2026
IRS schema version
2024v5.5
Source object
202641629349300744

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.