158 160 Montague St Corp is located in Brooklyn, NY. The organization was established in 1969. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 158 160 Montague St Corp is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 04/2023, 158 160 Montague St Corp generated $163.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OWN AND MANAGE PROPERTY FOR RELATED TAX EXEMPT ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Luis Humberto Leon Trustee | 20 | $0 | |
Steven Sundberg Trustee | 0 | $0 | |
Gerardo Leon Trustee | 0 | $0 | |
Donald Devine Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $163,873 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $163,873 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $100,875 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $100,875 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $284,918 |
Other assets | $0 |
Total assets | $320,056 |
Total liabilities | $10,946 |
Net assets or fund balances | $309,110 |