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Local 863 Corporation

863

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
$81k (2024)

Expenses
$0 (2024)

Total Assets
$1.57M (2024)

Total Liabilities
$456 (2024)

Source: Form 990 tax filings from 2010 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,989
Expenses
$0
Net Income
$80,989
Net Assets
$1,573,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,830
22.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $63,159
78.0%
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 $1,574,405
Total Liabilities $456
Net Assets $1,573,949
Compensation
Key Employees and Officers Compensation Related Other
Elias Cayado (Trustee) $0 $6,000 $1,680
Juan Marrero (Trustee) $0 $97,094 $48,959
Donovan Dobbs (Trustee) $0 $55,226 $15,064
Brian Clancy (Trustee) $0 $750 $210
George Grimshaw (Vice President) $0 $79,426 $61,338
Alphonse Rispoli Jr (Secretary Treasurer) $0 $143,694 $144,091
Louis Sanchez (President) $0 $131,426 $119,745
Charles O'mara (Recording Secretary) $0 $110,410 $105,504

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,789
Expenses
$0
Net Income
$43,789
Net Assets
$1,492,960
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,339
39.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $26,450
60.4%
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 $1,493,372
Total Liabilities $412
Net Assets $1,492,960
Compensation
Key Employees and Officers Compensation Related Other
Elias Cayado (Trustee) $0 $6,000 $1,680
Juan Marrero (Trustee) $0 $86,600 $46,831
Donovan Dobbs (Trustee) $0 $4,500 $1,260
Brian Clancy (Trustee) $0 $1,000 $280
George Grimshaw (Vice President) $0 $78,800 $81,850
Alphonse Rispoli Jr (Secretary Treasurer) $0 $144,180 $144,620
Louis Sanchez (President) $0 $133,132 $120,183
Charles O'mara (Recording Secretary) $0 $111,944 $105,888
Antonio Sociedade (Former Trustee) $0 $32,740 $68,413

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,858
Expenses
$0
Net Income
$68,858
Net Assets
$1,449,171
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,315
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $64,963
94.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,580
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,449,601
Total Liabilities $430
Net Assets $1,449,171
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $108,893 $87,935
Elias Cayado (Trustee) $0 $6,000 $1,600
Juan Marrero (Trustee) $0 $79,700 $22,316
Joseph Sileo (Trustee) $0 $500 $140
Brian Clancy (Trustee) $0 $250 $70
George Grimshaw (Vice President) $0 $78,116 $82,319
Alphonse Rispoli Jr (Secretary Treasurer) $0 $148,117 $142,292
Louis Sanchez (President) $0 $135,893 $118,507
Charles O'mara (Recording Secretary) $0 $113,082 $103,777

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$63,550
Expenses
$0
Net Income
$63,550
Net Assets
$1,380,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $63,550
100%
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 $1,380,941
Total Liabilities $628
Net Assets $1,380,313
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $106,893 $82,390
Elias Cayado (Trustee) $0 $6,000 $1,680
Juan Marrero (Trustee) $0 $6,000 $1,680
George Grimshaw (Vice President) $0 $73,416 $82,307
Alphonse Rispoli Jr (Secretary Treasurer) $0 $148,117 $139,716
Louis Sanchez (President) $0 $135,893 $116,301
Charles O'mara (Recording Secretary) $0 $115,182 $98,821

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$73,697
Expenses
$0
Net Income
$73,697
Net Assets
$1,316,763
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,302
15.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $62,395
84.7%
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 $1,317,312
Total Liabilities $549
Net Assets $1,316,763
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $112,778 $79,832
Thomas Fallon (Trustee) $0 $4,000 $0
Elias Cayado (Trustee) $0 $6,000 $0
Juan Marrero (Trustee) $0 $2,000 $0
George Grimshaw (Vice President) $0 $70,378 $83,888
Alphonse Rispoli Jr (Secretary Treasurer) $0 $152,518 $137,965
Louis Sanchez (President) $0 $140,778 $115,219
Charles O'mara (Recording Secretary) $0 $120,030 $95,436

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,162
Expenses
$0
Net Income
$59,162
Net Assets
$1,243,066
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $39
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $59,123
99.9%
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 $1,243,430
Total Liabilities $364
Net Assets $1,243,066
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $102,178 $70,741
Thomas Fallon (Trustee) $0 $6,000 $1,680
Elias Cayado (Trustee) $0 $6,000 $1,718
George Grimshaw (Vice President) $0 $64,378 $59,229
Alphonse Rispoli Jr (Secretary Treasurer) $0 $147,118 $127,496
Louis Sanchez (President) $0 $133,278 $104,598
Charles O'mara (Recording Secretary) $0 $111,862 $94,981

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$84,821
Expenses
$0
Net Income
$84,821
Net Assets
$1,183,904
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $84,804
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 $1,184,255
Total Liabilities $351
Net Assets $1,183,904
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $99,578 $65,272
Thomas Fallon (Trustee) $0 $6,000 $1,680
Elias Cayado (Trustee) $0 $6,000 $1,680
George Grimshaw (Vice President) $0 $63,178 $58,936
Alphonse Rispoli Jr (Secretary Treasurer) $0 $141,718 $118,277
Louis Sanchez (President) $0 $130,778 $107,012
Charles Omara (Recording Secretary) $0 $109,762 $86,729

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$73,772
Expenses
$0
Net Income
$73,772
Net Assets
$1,099,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $73,772
100%
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 $1,099,518
Total Liabilities $435
Net Assets $1,099,083
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $93,902 $60,310
Thomas Fallon (Trustee) $0 $4,800 $1,344
Elias Cayado (Trustee) $0 $4,800 $1,344
George Grimshaw (Vice President) $0 $60,502 $73,551
Alphonse Rispoli Jr (Secretary Treasurer) $0 $142,290 $117,595
Louis Sanchez (President) $0 $128,102 $107,528
Charles Omara (Recording Secretary) $0 $106,870 $82,770

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71,073
Expenses
$0
Net Income
$71,073
Net Assets
$1,025,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $71,073
100%
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 $1,025,786
Total Liabilities $475
Net Assets $1,025,311
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $91,384 $55,727
Thomas Fallon (Trustee) $0 $4,800 $1,344
Elias Cayado (Trustee) $0 $4,800 $1,344
George Grimshaw (Vice President) $0 $56,556 $70,339
Alphonse Rispoli Jr (Secretary Treasurer) $0 $150,174 $114,688
Louis Sanchez (President) $0 $131,454 $104,866
Charles Omara (Recording Secretary) $0 $106,688 $76,482

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,900
Expenses
$0
Net Income
$68,900
Net Assets
$954,238
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $68,900
100%
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 $954,628
Total Liabilities $390
Net Assets $954,238
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $87,920 $52,007
Thomas Fallon (Trustee) $0 $4,800 $1,344
Elias Cayado (Trustee) $0 $4,800 $1,344
George Grimshaw (Vice President) $0 $54,426 $43,719
Alphonse Rispoli Jr (Secretary Treasurer) $0 $150,020 $116,160
Louis Sanchez (President) $0 $128,020 $95,369
Charles Omara (Recording Secretary) $0 $104,490 $72,195

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$74,368
Expenses
$0
Net Income
-$74,368
Net Assets
$885,338
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$74,368
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 $885,728
Total Liabilities $390
Net Assets $885,338
Compensation
Key Employees and Officers Compensation Related Other
Antonio Sociedade (Trustee) $0 $85,380 $48,450
Thomas Fallon (Trustee) $0 $4,800 $1,344
Elias Cayado (Trustee) $0 $4,800 $1,344
George Grimshaw (Vice President) $0 $54,426 $70,222
Alphonse Rispoli Jr (Secretary Treasurer) $0 $152,680 $111,827
Louis Sanchez (President) $0 $127,780 $82,343
Charles Omara (Recording Secretary) $0 $103,890 $63,727

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,292
Expenses
$0
Net Income
$79,292
Net Assets
$959,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $79,292
100%
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 $961,209
Total Liabilities $1,503
Net Assets $959,706
Compensation
Key Employees and Officers Compensation Related Other
Antonio Soceidade (Trustee) $0 $77,680 $44,057
Thomas Fallon (Trustee) $0 $1,200 $336
Elias Cayado (Trustee) $0 $1,200 $336
George Grimshaw (Vice President) $0 $53,426 $58,553
Alphonse Rispoli Jr (Secretary Treasurer) $0 $150,174 $108,727
Louis Sanchez (President) $0 $122,480 $79,628
Charles Omara (Recording Secretary) $0 $97,290 $59,917
Kenneth Adams (Trustee) $0 $2,800 $784
Bruce Vivadelli (Recording Secretary Retired) $0 $90,610 $92,447

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$76,444
Expenses
$0
Net Income
-$76,444
Net Assets
$880,414
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$76,444
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 $880,790
Total Liabilities $376
Net Assets $880,414

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,547
Expenses
$0
Net Income
$65,547
Net Assets
$956,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $65,547
100%
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 $957,182
Total Liabilities $324
Net Assets $956,858

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$228,125
Expenses
$0
Net Income
-$228,125
Net Assets
$891,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$228,125
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 $892,605
Total Liabilities $1,294
Net Assets $891,311

Document Links

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

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

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

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

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

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

About This Data

What Is 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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