1800 Massachusetts Avenue Corp
- Assets
- $75.7m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2004
- Data as of
- 12/2022
- EIN
- 20-0451177
Organization Overview
1800 Massachusetts Avenue Corp is located in Washington, DC. The organization was established in 2004. 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. 1800 Massachusetts Avenue Corp is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED TO HOLD TITLE TO REAL ESTATE FOR THE INTERNATIONAL UNION'S HEADQUARTERS BUILDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING THE HEADQUARTERS BUILDING OF A RELATED EXEMPT ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Kay Henry President | OfficerTrustee | 2 | $0 |
Megan Sweeney Vice President & Treasurer | OfficerTrustee | 1 | $0 |
Gerald Hudson Secretary - Past | OfficerTrustee | 1 | $0 |
April Verrett Secretary Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cushman Wakefield Property Management | 12/30/22 | $816,164 |
Red Coats Inc Cleaning Services | 12/30/22 | $656,912 |
Gardaworld Security Services Security Services | 12/30/22 | $354,117 |
Service Employees International Uni Contract Admin | 12/30/22 | $343,694 |
American Restoration Llc Construction Service | 12/30/22 | $185,885 |
View All Vendors
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 | $4,925,614 |
| Investment income | $391 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $928,337 |
| 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 | $5,991,200 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $664 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,370 |
| Office expenses | $37,692 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,766,489 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $670,049 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,536,161 |
| Insurance | $70,901 |
| All other expenses | $0 |
| Total functional expenses | $5,123,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,189,803 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $630,078 |
| 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 | $31,292 |
| Net Land, buildings, and equipment | $67,918,997 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,905,800 |
| Total assets | $75,675,970 |
| Accounts payable and accrued expenses | $1,033,828 |
| Grants payable | $0 |
| Deferred revenue | $674,398 |
| 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 | $34,723,532 |
| Other liabilities | $0 |
| Total liabilities | $36,431,758 |
| Net assets without donor restrictions | $39,244,212 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $75,675,970 |