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1056 Equities Inc

  • Oakland Gardens, NY
  • Tax-exempt since Aug. 1986
  • EIN: 11-2786116

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$3.03k (2023)

Expenses
$210k (2023)

Total Assets
$2.38M (2023)

Total Liabilities
$786k (2023)

Years with missing data
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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,029
Expenses
$210,411
Net Income
-$207,382
Net Assets
$1,596,755
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $163
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,866
94.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,382,791
Total Liabilities $786,036
Net Assets $1,596,755
Compensation
Key Employees and Officers Compensation Related Other
Luis Alzate (President) $0 $81,954 $0
Byron Bolling (Treasurer) $0 $22,248 $0
Francisco Ortiz (Vice President) $0 $19,114 $0

Document Links

990
Filed on Nov. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$142
Expenses
$230,962
Net Income
-$230,820
Net Assets
$1,574,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $142
100%
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 $0
Assets/Debt
Total Assets $2,492,568
Total Liabilities $918,431
Net Assets $1,574,137
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $45,450 $12,043
Luis Alzate (Vice President) $0 $29,497 $0
Byron Bolling (Treasurer) $0 $14,334 $0

Document Links

990
Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$74
Expenses
$195,968
Net Income
-$195,894
Net Assets
$1,498,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $39
52.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35
47.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,586,120
Total Liabilities $1,088,006
Net Assets $1,498,114
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $48,850 $11,219
Luis Alzate (Vice President) $0 $7,935 $0
Byron Bolling (Treasurer) $0 $7,709 $0

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,746
Expenses
$222,637
Net Income
-$155,891
Net Assets
$1,557,778
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $22
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $66,724
100.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,675,050
Total Liabilities $1,117,272
Net Assets $1,557,778
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $69,103 $11,763
Felix Avila (Treasurer) $0 $9,245 $0
Luis Alzate (Vice President) $0 $8,952 $0
Byron Bolling (Treasurer) $0 $5,884 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129
Expenses
$172,273
Net Income
-$172,144
Net Assets
-$164,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $129
100%
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 $0
Assets/Debt
Total Assets $2,940,345
Total Liabilities $3,105,174
Net Assets -$164,829

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,313
Expenses
$162,181
Net Income
-$156,868
Net Assets
$98,056
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,196
97.8%
Program Services $0
Investment Income $117
2.2%
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 $0
Assets/Debt
Total Assets $2,978,564
Total Liabilities $2,880,508
Net Assets $98,056
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $0 $0
Luis Alzate (Vp) $0 $0 $0
Felix Avila (Treasurer) $0 $0 $0

Document Links

990
Filed on Nov. 7, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,387
Expenses
$158,062
Net Income
-$97,675
Net Assets
$124,717
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $387
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $60,000
99.4%
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 $0
Assets/Debt
Total Assets $1,649,872
Total Liabilities $1,525,155
Net Assets $124,717
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $0 $0
Luis Alzate (Vp) $0 $0 $0
Felix Avila (Treasurer) $0 $0 $0

Document Links

990
Filed on Nov. 6, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$61,286
Expenses
$146,575
Net Income
-$85,289
Net Assets
$222,392
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $222
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $61,064
99.6%
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 $0
Assets/Debt
Total Assets $1,633,651
Total Liabilities $1,411,259
Net Assets $222,392
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $0 $0
Luis F Alzate (Vp) $0 $0 $0
Felix Avila (Treasurer) $0 $0 $0

Document Links

990
Filed on Nov. 2, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,465
Expenses
$94,629
Net Income
-$75,164
Net Assets
$307,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $659
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,806
96.6%
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 $0
Assets/Debt
Total Assets $1,454,642
Total Liabilities $1,146,961
Net Assets $307,681
Compensation
Key Employees and Officers Compensation Related Other
Mark Henry (President) $0 $0 $0
Luis F Alzate (Vp) $0 $0 $0
Felix Avila (Treasurer) $0 $0 $0

Document Links

990
Filed on Nov. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,566
Expenses
$0
Net Income
$1,566
Net Assets
$382,845
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $805
51.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $761
48.6%
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 $0
Assets/Debt
Total Assets $858,901
Total Liabilities $476,056
Net Assets $382,845
Compensation
Key Employees and Officers Compensation Related Other
1056 Equities Inc (President) $0 $9,602 $0

Document Links

990
Filed on Nov. 13, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,882
Expenses
$394
Net Income
$15,488
Net Assets
$381,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $913
5.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,969
94.3%
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 $0
Assets/Debt
Total Assets $880,335
Total Liabilities $499,056
Net Assets $381,279

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,282
Expenses
$360
Net Income
$922
Net Assets
$365,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,252
97.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $30
2.3%
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 $0
Assets/Debt
Total Assets $709,846
Total Liabilities $344,056
Net Assets $365,790

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated