Tgm Realty Corp 20

New York, NY
Tax-exempt since July 1998
EIN: 13-4010424

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Type of Nonprofit

Designated as a 501(c)(25) Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$25.6M (2022)

Expenses

$8.17M (2022)

Total Assets

$547M (2022)

Total Liabilities

$279M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Revenue

$25,598,556

Expenses

$8,171,091

Net Income

$17,427,465

Net Assets

$268,591,127

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$8,955	0.0%
Rental Property Income	$25,589,601	100.0%
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	$547,460,307
Total Liabilities	$278,869,180
Net Assets	$268,591,127

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Gochberg (President & Ceo, Sole Director)	$275,781	$0	$0
Michael G Frazzetta (Chief Financial Officer)	$272,277	$0	$0
Zachary Goldman (Vice President)	$267,243	$0	$0
Steven Macy (Senior Vice President)	$180,480	$0	$0
Ozgur Toraman (Vice President)	$165,532	$0	$0
Sharmin Beacco (Corporate Scecretary)	$79,039	$0	$0

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990

Filed on Oct. 25, 2023

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$22,200,197

Expenses

$8,125,546

Net Income

$14,074,651

Net Assets

$228,076,806

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$1,029	0.0%
Rental Property Income	$22,199,168	100.0%
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	$499,485,449
Total Liabilities	$271,408,643
Net Assets	$228,076,806

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Gochberg (President & Ceo, Sole Director)	$233,806	$0	$0
Michael G Frazzetta (Chief Financial Officer)	$230,397	$0	$0
Zachary Goldman (Vice President)	$224,555	$0	$0
Steven Macy (Senior Vice President)	$157,795	$0	$0
Ozgur Toraman (Vice President)	$142,922	$0	$0
Sharmin Beacco (Corporate Scecretary)	$75,800	$0	$0

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990

Filed on Oct. 21, 2022

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$19,291,605

Expenses

$8,113,440

Net Income

$11,178,165

Net Assets

$182,288,046

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$2,508	0.0%
Rental Property Income	$19,289,097	100.0%
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	$438,663,765
Total Liabilities	$256,375,719
Net Assets	$182,288,046

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Gochberg (President & Ceo, Sole Director)	$184,787	$0	$0
Michael G Frazzetta (Chief Financial Officer)	$181,449	$0	$0
Zachary Goldman (Vice President)	$174,746	$0	$0
Steven Macy (Senior Vice President)	$142,016	$0	$0
Ozgur Toraman (Vice President)	$116,510	$0	$0
Sharmin Beacco (Corporate Scecretary)	$34,646	$0	$0
Veta Bills (Corporate Scecretary)	$18,777	$0	$0

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990

Filed on Nov. 3, 2021

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$21,537,949

Expenses

$11,305,935

Net Income

$10,232,014

Net Assets

$170,319,613

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$2,957	0.0%
Rental Property Income	$21,534,992	100.0%
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	$426,571,511
Total Liabilities	$256,251,898
Net Assets	$170,319,613

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Gochberg (President & Ceo, Sole Director)	$172,992	$0	$0
Michael G Frazzetta (Chief Financial Officer)	$169,773	$0	$0
Zachary Goldman (Vice President)	$161,577	$0	$0
Steven Macy (Senior Vice President)	$132,907	$0	$0
Ozgur Toraman (Vice President)	$104,775	$0	$0
Veta Bills (Corporate Scecretary)	$34,143	$0	$0

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990

Filed on Oct. 9, 2020

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$21,155,988

Expenses

$7,336,600

Net Income

$13,819,388

Net Assets

$192,863,869

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$4,429	0.0%
Rental Property Income	$21,151,559	100.0%
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	$396,811,591
Total Liabilities	$203,947,722
Net Assets	$192,863,869

990

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

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Revenue

$19,486,132

Expenses

$10,262,882

Net Income

$9,223,250

Net Assets

$170,788,771

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$6,714	0.0%
Rental Property Income	$19,479,412	100.0%
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	$369,591,787
Total Liabilities	$198,803,016
Net Assets	$170,788,771

990

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

PDF

Fiscal Year Ending Dec.
2016

Revenue

$18,633,246

Expenses

$7,417,951

Net Income

$11,215,295

Net Assets

$171,331,096

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$10	0.0%
Bond Proceeds	$0
Royalties	$410	0.0%
Rental Property Income	$18,632,823	100.0%
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	$341,893,028
Total Liabilities	$170,561,932
Net Assets	$171,331,096

990

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

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2015

Revenue

$36,100,632

Expenses

$9,980,242

Net Income

$26,120,390

Net Assets

$145,189,251

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$29	0.0%
Bond Proceeds	$0
Royalties	$4,968	0.0%
Rental Property Income	$22,234,670	61.6%
Net Fundraising	$0
Sales of Assets	$13,860,965	38.4%
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	$322,874,503
Total Liabilities	$177,685,252
Net Assets	$145,189,251

990

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

PDF

Fiscal Year Ending Dec.
2014

Revenue

$24,933,665

Expenses

$9,406,004

Net Income

$15,527,661

Net Assets

$204,971,755

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$13	0.0%
Bond Proceeds	$0
Royalties	$16,488	0.1%
Rental Property Income	$24,978,048	> 100%
Net Fundraising	$0
Sales of Assets	-$60,884
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	$438,671,308
Total Liabilities	$233,699,553
Net Assets	$204,971,755

990

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

PDF

Fiscal Year Ending Dec.
2013

Revenue

$23,741,555

Expenses

$10,104,422

Net Income

$13,637,133

Net Assets

$205,240,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$14	0.0%
Bond Proceeds	$0
Royalties	$15,867	0.1%
Rental Property Income	$26,173,439	> 100%
Net Fundraising	$0
Sales of Assets	-$2,447,765
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	$445,408,146
Total Liabilities	$240,167,606
Net Assets	$205,240,540

990

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

PDF

Fiscal Year Ending Dec.
2012

Revenue

$25,435,161

Expenses

$9,200,452

Net Income

$16,234,709

Net Assets

$246,101,458

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$237	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$25,806,177	> 100%
Net Fundraising	$0
Sales of Assets	-$371,253
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	$512,560,688
Total Liabilities	$266,459,230
Net Assets	$246,101,458

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$21,487,580

Expenses

$2,597,800

Net Income

$18,889,780

Net Assets

$263,088,665

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$265	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$24,500,233	> 100%
Net Fundraising	$0
Sales of Assets	-$3,012,918
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	$455,229,528
Total Liabilities	$192,140,863
Net Assets	$263,088,665

990

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

Fiscal Year Ending Dec.
2008

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

990

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.

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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

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Updated November 21, 2024

Tgm Realty Corp 20

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $25.6M (2022)

Expenses $8.17M (2022)

Total Assets $547M (2022)

Total Liabilities $279M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Revenue

$25.6M (2022)

Expenses

$8.17M (2022)

Total Assets

$547M (2022)

Total Liabilities

$279M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004