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50 Broadway Realty Corp

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Unknown / Unclassified (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$16.3M (2023)

Expenses
$15.6M (2023)

Total Assets
$101M (2023)

Total Liabilities
$81.8M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,262,421
Expenses
$15,583,635
Net Income
$678,786
Net Assets
$18,788,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,793,710
97.1%
Investment Income $459,301
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,410
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $826,538
5.3%
Assets/Debt
Total Assets $100,547,151
Total Liabilities $81,759,131
Net Assets $18,788,020
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $219,923 $0 $67,660
Charles Hohmann (Bldg Maintenance) $202,343 $0 $68,646
David Hickey (Bldg Manager) $193,085 $0 $0
Frank Finamore (Bldg Maintenance) $140,435 $0 $55,795
Maurice O'leary (Bldg Maintenance) $140,222 $0 $53,730
Michael Mulgrew (President) $0 $327,736 $60,406
Debra Penny (Treasurer) $0 $114,240 $28,560
Leroy Barr (Secretary) $0 $225,870 $55,324

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,189,353
Expenses
$15,328,501
Net Income
$860,852
Net Assets
$18,064,882
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,104,760
99.5%
Investment Income $138,461
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$53,868
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $791,769
5.2%
Assets/Debt
Total Assets $103,829,676
Total Liabilities $85,764,794
Net Assets $18,064,882
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $235,866 $0 $67,582
Charles Hohmann (Bldg Maintenance) $202,289 $0 $66,761
David Hickey (Bldg Manager) $167,228 $0 $0
Maurice O'leary (Bldg Maintenance) $134,956 $0 $51,698
Frank Finamore (Bldg Maintenance) $121,264 $0 $50,003
Michael Mulgrew (President) $0 $341,368 $58,691
Debra Penny (Treasurer) $0 $101,057 $23,309
Leroy Barr (Secretary) $0 $235,497 $51,855

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,489,338
Expenses
$16,729,376
Net Income
-$240,038
Net Assets
$17,300,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,417,511
99.6%
Investment Income $26,068
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $45,759
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $821,605
4.9%
Assets/Debt
Total Assets $106,628,317
Total Liabilities $89,328,180
Net Assets $17,300,137
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $229,524 $0 $65,992
Charles Hohmann (Bldg Maintenance) $221,724 $0 $69,945
David Hickey (Bldg Manager) $169,157 $151,858 $0
Maurice O'leary (Bldg Maintenance) $146,605 $0 $52,382
Frank Finamore (Bldg Maintenance) $142,271 $0 $53,902
Michael Mulgrew (President) $0 $338,430 $65,466
Debra Penny (Treasurer) $0 $100,216 $26,857
Leroy Barr (Secretary) $0 $233,472 $54,554

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,521,901
Expenses
$15,259,100
Net Income
$1,262,801
Net Assets
$17,568,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,197,736
98.0%
Investment Income $327,894
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,729
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $820,449
5.4%
Assets/Debt
Total Assets $108,488,491
Total Liabilities $90,920,129
Net Assets $17,568,362
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $213,308 $0 $58,564
Charles Hohmann (Bldg Maintenance) $212,991 $0 $64,737
Frank Finamore (Bldg Maintenance) $140,888 $0 $51,934
Maurice O'leary (Bldg Maintenance) $139,634 $0 $50,794
Joseph Bosco (Bldg Maintenance) $128,899 $0 $49,905
Michael Mulgrew (President) $0 $344,229 $45,218
Debra Penny (Treasurer) $0 $104,668 $16,898
Leroy Barr (Secretary) $0 $237,447 $43,804

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,710,202
Expenses
$16,364,455
Net Income
$1,345,747
Net Assets
$16,267,686
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,399,215
98.2%
Investment Income $310,987
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $908,273
5.6%
Assets/Debt
Total Assets $111,976,503
Total Liabilities $95,708,817
Net Assets $16,267,686
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $202,098 $0 $54,111
Charles Hohmann (Bldg Maintenance) $196,636 $0 $58,289
Frank Finamore (Bldg Maintenance) $131,062 $0 $46,482
Joseph Bosco (Bldg Maintenance) $124,804 $0 $46,807
Maurice O'leary (Bldg Maintenance) $123,980 $0 $41,894
Michael Mulgrew (President) $0 $334,444 $43,245
Melvyn Aaronson (Former Treasurer) $0 $81,274 $15,922
Howard Schoor (Former Secretary) $0 $128,296 $24,523
Debra Penny (Treasurer) $0 $101,977 $16,503
Leroy Barr (Secretary) $0 $231,543 $39,959

Document Links

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,866,889
Expenses
$15,685,829
Net Income
-$1,818,940
Net Assets
$14,870,066
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,866,461
100.0%
Investment Income $428
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $801,929
5.1%
Assets/Debt
Total Assets $110,852,904
Total Liabilities $95,982,838
Net Assets $14,870,066
Compensation
Key Employees and Officers Compensation Related Other
Charles Hohmann (Bldg Maintenance) $169,038 $0 $43,096
Kevin Ridder (Bldg Maintenance) $158,971 $0 $45,307
Maurice O'leary (Bldg Maintenance) $120,523 $0 $41,309
Frank Finamore (Bldg Maintenance) $112,047 $0 $41,668
Joseph Prisco (Bldg Maintenance) $105,608 $0 $42,060
Michael Mulgrew (President) $0 $292,617 $47,361
Melvyn Aaronson (Treasurer) $0 $70,743 $17,618
Howard Schoor (Secretary) $0 $125,249 $27,555

Document Links

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,685,896
Expenses
$13,762,105
Net Income
-$76,209
Net Assets
$16,581,854
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,678,594
99.9%
Investment Income $7,302
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,375,871
10.0%
Assets/Debt
Total Assets $113,534,848
Total Liabilities $96,952,994
Net Assets $16,581,854
Compensation
Key Employees and Officers Compensation Related Other
Charles Hohmann (Bldg Maintenance) $147,388 $0 $51,227
Kevin Ridder (Bldg Maintenance) $145,871 $0 $40,896
Maurice O'leary (Bldg Maintenance) $120,172 $0 $40,829
Frank Finamore (Bldg Maintenance) $112,089 $0 $41,793
Joseph Prisco (Bldg Maintenance) $105,696 $0 $41,972
Michael Mulgrew (President) $0 $288,060 $46,677
Melvyn Aaronson (Treasurer) $0 $68,056 $17,243
Howard Schoor (Secretary) $0 $122,582 $26,968

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,054,016
Expenses
$13,021,997
Net Income
$1,032,019
Net Assets
$16,652,759
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,053,150
100.0%
Investment Income $866
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,687,538
13.0%
Assets/Debt
Total Assets $77,847,596
Total Liabilities $61,194,837
Net Assets $16,652,759
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $151,085 $0 $43,752
Charles Hohmann (Bldg Maintenance) $145,120 $0 $46,406
Maurice O'leary (Bldg Maintenance) $117,477 $0 $41,200
Frank Finamore (Bldg Maintenance) $113,260 $0 $42,070
Joseph Prisco (Bldg Maintenance) $109,589 $0 $43,015
Michael Mulgrew (President) $0 $277,119 $45,472
Melvyn Aaronson (Treasurer) $0 $66,190 $16,599
Emil Pietromonaco (Former Secretary) $0 $217,110 $45,201
Howard Schoor (Secretary) $0 $178,052 $39,171

Document Links

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,755,139
Expenses
$13,305,596
Net Income
$449,543
Net Assets
$15,620,740
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,754,254
100.0%
Investment Income $885
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,629,504
12.2%
Assets/Debt
Total Assets $78,796,118
Total Liabilities $63,175,378
Net Assets $15,620,740
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $161,369 $0 $46,141
Charles Hohmann (Bldg Maintenance) $138,288 $0 $44,967
Frank Finamore (Bldg Maintenance) $129,267 $0 $46,410
Joseph Prisco (Bldg Maintenance) $111,253 $0 $43,458
Michael Mulgrew (President) $0 $267,962 $43,656
Melvyn Aaronson (Treasurer) $0 $63,664 $15,980
Emil Pietromonaco (Secretary) $0 $209,977 $40,999

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,606,275
Expenses
$12,993,599
Net Income
$612,676
Net Assets
$15,171,197
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,603,781
100.0%
Investment Income $2,494
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,640,785
12.6%
Assets/Debt
Total Assets $80,204,926
Total Liabilities $65,033,729
Net Assets $15,171,197
Compensation
Key Employees and Officers Compensation Related Other
Kevin Ridder (Bldg Maintenance) $142,168 $0 $41,507
Charles Hohmann (Bldg Maintenance) $136,690 $0 $44,119
Maurice O'leary (Bldg Maintenance) $111,683 $0 $39,067
Frank Finamore (Bldg Maintenance) $111,097 $0 $40,959
Joseph Prisco (Bldg Maintenance) $105,984 $0 $41,829
Michael Mulgrew (President) $0 $252,942 $46,823
Melvyn Aaronson (Treasurer) $0 $59,586 $16,947
Emil Pietromonaco (Secretary) $0 $185,000 $36,987

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,566,972
Expenses
$11,516,673
Net Income
$1,050,299
Net Assets
$14,558,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,561,871
100.0%
Investment Income $5,101
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,618,903
14.1%
Assets/Debt
Total Assets $79,701,865
Total Liabilities $65,143,344
Net Assets $14,558,521

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,853,623
Expenses
$14,037,897
Net Income
-$2,184,274
Net Assets
$13,508,222
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,839,419
99.9%
Investment Income $14,204
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,645,777
11.7%
Assets/Debt
Total Assets $78,319,414
Total Liabilities $64,811,192
Net Assets $13,508,222

Document Links

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,552,844
Expenses
$10,998,746
Net Income
$554,098
Net Assets
$15,692,496
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,549,389
100.0%
Investment Income $3,455
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,523,752
13.9%
Assets/Debt
Total Assets $80,607,114
Total Liabilities $64,914,618
Net Assets $15,692,496

Document Links

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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