52 Broadway Realty Corp

52 Broadway Realty Corp is a corporation established specifically for leasing land and a building located at 52 Broadway, New York, NY. This real estate transaction is a long-term net lease, and the beneficiary of this arrangement is the United Federation of Teachers, Local 2 – an exempt organization. The corporation incurred gross expenses to facilitate this lease agreement on behalf of the United Federation of Teachers.

52 Broadway Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. 52 Broadway Realty Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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52 Broadway Realty Corp was established with the primary objective of facilitating a long-term net lease agreement for land and a building on behalf of a not-for-profit organization. The corporation's purpose is centered around this real estate transaction to provide the necessary space for the organization to carry out its mission effectively. The long-term net lease agreement will enable the organization to secure a permanent home for its operations. The corporation incurs expenses related to the lease agreement to ensure a successful transaction for the benefit of the exempt organization.

Michael Mulgrew is the President of 52 Broadway Realty Corp.

52 Broadway Realty Corp's revenue in 2022 was $14,655,057.

The 52 Broadway Realty Corp’s most recent form 990 was submitted in 2022 and can be accessed here