Sbf Corp

Organization Overview

Sbf Corp is located in Valley Stream, NY. The organization was established in 1983. 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. Sbf 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, Sbf Corp generated $56.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (73.6%) each year. All expenses for the organization totaled $688.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE, HOLD AND OPERATE INVESTMENT IN REAL ESTATE FOR THE SOLE BENEFIT, AND AS A NOMINEE OF THE LOCAL 22 HEALTH BENEFIT FUND (FORMERLY AMALGAMATED, INDUSTRIAL AND TOY & NOVELTY WORKERS OF AMERICA LOCAL 223 SICK BENEFIT FUND).

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUIRE, HOLD AND OPERATE INVESTMENT IN REAL ESTATE FOR THE SOLE BENEFIT, AND AS A NOMINEE OF THE LOCAL 22 HEALTH BENEFIT FUND (FORMERLY AMALGAMATED, INDUSTRIAL AND TOY & NOVELTY WORKERS OF AMERICA LOCAL 223 SICK BENEFIT FUND)


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Board, Officers & Key Employees

Name (title)Compensation
Joe Giovinco
Trustee
$0
Cosmo Lubrano
Trustee
$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$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56

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