Excavators 731 Property Corp
- Assets
- $23.9m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Astoria, NY
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 13-6082313
Organization Overview
Excavators 731 Property Corp is located in Astoria, NY. The organization was established in 1982. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Excavators 731 Property Corp employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excavators 731 Property 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 12/2021, Excavators 731 Property Corp generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 12.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REAL ESTATE HOLDING CORP FOR PARENT - 501(C)(5)
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL ESTATE HOLDING CORP.
REAL ESTATE HOLDING CORP.
REAL ESTATE HOLDING CORP FOR PARENT - 501(C)(5)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lamine Dia Maintanence | 40 | $147,441 | |
Giovanni Paliotta Maintenance | 40 | $103,385 | |
Joseph D'amato President | OfficerTrustee | $0 | |
Name Not Listed Sec./treas. | OfficerTrustee | $0 | |
Frank Biancaniello Vice Pres | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,085,444 |
| Investment income | $31,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,946 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,129,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,927 |
| Pension plan accruals and contributions | $174,604 |
| Other employee benefits | $319,285 |
| Payroll taxes | $35,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $70,920 |
| Fees for services: Accounting | $44,986 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,963 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $825,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $833,163 |
| Insurance | $43,026 |
| All other expenses | $605 |
| Total functional expenses | $2,993,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,520 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $271,804 |
| Net Land, buildings, and equipment | $22,652,014 |
| Investments—publicly traded securities | $882,180 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63 |
| Total assets | $23,888,581 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $121,410 |
| Total liabilities | $121,410 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $242,500 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $23,524,671 |
| Total liabilities and net assets/fund balances | $23,888,581 |
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Excavators 731 Property Corp Astoria, NY | $23,888,581 | $2,129,993 |
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