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Nonprofiteer
← REALTY ADVISORY BOARD ON LABOR RELATIONS INCORPORATED

Form 990 for tax year 2022

Filed by REALTY ADVISORY BOARD ON LABOR RELATIONS INCORPORATED.

Totals

Total revenue
$7,194,641
Total expenses
$4,996,655
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$7,556,837
Investment income
$144,548
Other revenue
-$506,744
Total assets, end of year
$30,759,256
Total liabilities, end of year
$4,975,006
Net assets or fund balances, end of year
$25,784,250
Program services expenses (Part IX)
$2,944,102
Management and general expenses
$2,052,553
Fundraising expenses
$0
Program service expenses (Part III)
$2,944,102

Program services were 58.9% 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: MEMBERSHIP DUES

    total $7,556,837 · related or exempt $7,556,837

  • 3 · Investment income

    total $699,098 · excluded $699,098

  • 7b · Less cost or other basis and sales expenses

    securities $554,550

  • 7c · Gain or loss

    securities -$554,550

  • 7d · Net gain or loss

    total -$554,550 · excluded -$554,550

  • 11a · Other revenue: LOSS ON A PARTERSHIP

    total -$506,744 · excluded -$506,744

  • 11e · Other revenue, total

    -$506,744

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,474,528 · program services $1,032,170 · management and general $442,358

  • 7 · Other salaries and wages

    total $1,413,553 · program services $988,396 · management and general $425,157

  • 8 · Pension plan contributions

    total $378,301 · program services $233,801 · management and general $144,500

  • 9 · Other employee benefits

    total $148,424 · program services $94,595 · management and general $53,829

  • 10 · Payroll taxes

    total $141,122 · program services $90,502 · management and general $50,620

  • 11b · Fees: legal

    total $350,932 · program services $35,093 · management and general $315,839

  • 11c · Fees: accounting

    total $41,125 · management and general $41,125

  • 11f · Fees: investment management

    total $22,536 · program services $22,536

  • 13 · Office expenses

    total $229,667 · program services $112,467 · management and general $117,200

  • 14 · Information technology

    total $25,801 · program services $12,641 · management and general $13,160

  • 16 · Occupancy

    total $563,791 · program services $237,456 · management and general $326,335

  • 22 · Depreciation, depletion and amortization

    total $87,789 · management and general $87,789

  • 24a · Other expenses: ARBITRATION

    total $44,158 · program services $44,158

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $43,503 · program services $17,836 · management and general $25,667

  • 24c · Other expenses: CONTRACT NEGOTIATIONS

    total $19,967 · program services $19,967

  • 24d · Other expenses: FURNITURE, EQUIPMENT, A

    total $6,058 · program services $2,484 · management and general $3,574

  • 24e · All other expenses

    total $5,400 · management and general $5,400

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,462,468 · end of year $868,813

  • 2 · Savings and temporary cash investments

    beginning of year $1,355,125 · end of year $8,037,430

  • 4 · Accounts receivable

    beginning of year $326,701 · end of year $219,101

  • 9 · Prepaid expenses and deferred charges

    beginning of year $68,442 · end of year $73,422

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

    $624,753

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

    $419,291

  • 10c · Land, buildings and equipment, net

    beginning of year $293,252 · end of year $205,462

  • 11 · Investments: publicly traded securities

    beginning of year $14,152,630 · end of year $17,368,872

  • 13 · Investments: program-related

    end of year $97,270

  • 15 · Other assets

    beginning of year $1,309,014 · end of year $3,888,886

  • 17 · Accounts payable and accrued expenses

    beginning of year $141,767 · end of year $217,197

  • 19 · Deferred revenue

    beginning of year $146,820 · end of year $185,657

  • 25 · Other liabilities

    beginning of year $1,918,281 · end of year $4,572,152

  • 27 · Net assets without donor restrictions

    beginning of year $22,760,764 · end of year $25,784,250

Mission and programs · 2022

Mission

LABOR AND MANAGEMENT AGREEMENTS.

  • THE REALITY ADVISORY BOARD ON LABOR RELATIONS IS CONCERNED WITH LABOR-MANAGEMENT RELATIONS IN THE REAL ESTATE INDUSTRY, IN THE NEW YORK METROPOLITAN AREA. IT NEGOTIATES BASIC LABOR AGREEMENTS ON BEHALF OF MEMBERS WHO ARE BUILDING OWNERS AND/OR OPERATORS AND SERVICE PROVIDERS. IT ALSO REPRESENTS MEMBERS IN GRIEVANCE AND ARBITRATION PROCEEDINGS AND VARIOUS OTHER MATTERS BEFORE FEDERAL AND STATE AGENCIES.

    Expenses $2,944,102 · Revenue $7,556,837

As filed on the 2022 return.

Listed in Part VII

  • Jonathan Resnick

    VICE PRESIDENT

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Gaston Silva

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

  • Eric Rudin

    VICE PRESIDENT

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • John Santora

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.25

  • Jerffrey Brodsky

    TREASURER

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Joshua London

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Rita C Chu

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Neil Davidowitz

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Mitchell Gelberg

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Mitchell Barry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Michael Wolfe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Michael Rogoff

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Michael Prunty

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Matthew Duthie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Melissa Cafiero

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Max Freedman

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Thomas Hill

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Mary Ann Rothman

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Marisa Gadlin

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Lisa Leib

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Lenny Sciascia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Laurie Zucker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kate Hemmerdinger-Goodman

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • William Dacunto

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Thomas Lloyd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Ellie Sheinwald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • John Mongello

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • James Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Greg Carlson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Gerald Schumm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Edward V Piccinich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Daniel Wurtzel Outgoing

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Daniel Kindbergh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Brian McCarthy

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Brian Flaherty

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Asher Bernstein

    DIRECTOR

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Andrew Hoffman

    RESIDENTIAL VICE PRESIDENT

    Total calculated
    $200
    From this org
    $200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Andrew Cooke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Albert Mayas

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • John Pierce

    DIRECTOR

    Total calculated
    $100
    From this org
    $100
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25

  • Robert Schwartz

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $393,505
    From this org
    $331,535
    From related orgs
    $0
    Other
    $61,970
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $331,535
    Bonus
    $0
    Other
    $0
    Deferred
    $36,734
    Nontaxable benefits
    $25,236
    Filer's total
    $393,505

  • Howard Rothschild

    PRESIDENT

    Total calculated
    $1,059,375
    From this org
    $898,877
    From related orgs
    $0
    Other
    $160,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $898,877
    Bonus
    $0
    Other
    $0
    Deferred
    $131,770
    Nontaxable benefits
    $28,728
    Filer's total
    $1,059,375

  • Nydia Estevez

    OFFICE MANAGER/EXECUTIVE ASSISTANT

    Total calculated
    $157,274
    From this org
    $121,417
    From related orgs
    $0
    Other
    $35,857
    Hours/week
    0.25

    Schedule J breakdown matched by us

    Base
    $121,417
    Bonus
    $0
    Other
    $0
    Deferred
    $13,669
    Nontaxable benefits
    $22,188
    Filer's total
    $157,274

  • Stephen G Halouvas

    SENIOR COUNCEL (OUTGOING)

    Total calculated
    $140,131
    From this org
    $108,603
    From related orgs
    $0
    Other
    $31,528
    Hours/week
    0.25

  • Michael Rivituso

    ATTORNEY

    Total calculated
    $271,350
    From this org
    $222,956
    From related orgs
    $0
    Other
    $48,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,956
    Bonus
    $0
    Other
    $0
    Deferred
    $22,870
    Nontaxable benefits
    $25,524
    Filer's total
    $271,350

  • Harry Weinberg

    ATTORNEY

    Total calculated
    $312,603
    From this org
    $265,763
    From related orgs
    $0
    Other
    $46,840
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,763
    Bonus
    $0
    Other
    $0
    Deferred
    $22,832
    Nontaxable benefits
    $24,008
    Filer's total
    $312,603

  • Alychia Buchan

    ATTORNEY

    Total calculated
    $232,634
    From this org
    $196,100
    From related orgs
    $0
    Other
    $36,534
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,100
    Bonus
    $0
    Other
    $0
    Deferred
    $11,946
    Nontaxable benefits
    $24,588
    Filer's total
    $232,634

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4B
HOWARD ROTHSCHILD, PRESIDENT, AND ROBERT SCHWARTZ, EVECUTIVE VICE PRESIDENT, RECEIVED CONTRIBUTIONS TO A 457(F) PLAN FOR $100,500 AND $15,000 RESPECTIVELY.

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.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • OFFICE OF THE CONTRACT ARBITRATOR

    RELATED · ARBITRATION SERVICES · NY · 50% owned · share of income $175,536 · share of assets $1,077,814 · general or managing partner

    Directly controlled by REALTY ADVISORY BOARD ONLABOR RELATIONSINC

Provenance

Return type
form_990
Tax year
2022
Filed
15 July 2024
IRS schema version
2022v5.0
Source object
202401979349301780

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