Nonprofit · EIN 13-2573734
260 PARK AVE REALTY CORP
Tax-exempt · NEW YORK, NY 10004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $15 | $36,325 | -$36,310 | $41,243,448 | $9,563 | $41,233,885 |
| July 31, 2024 | 990 | $17 | $40,732 | -$40,715 | $41,241,211 | $6,801 | $41,234,410 |
| July 31, 2023 | 990 | $11 | $32,233 | -$32,222 | $41,242,533 | $7,598 | $41,234,935 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $15
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,000
- Occupancy
- $15,573
- Depreciation
- $525
Balance sheet and other
- Total assets, start of year
- $41,241,211
- Total assets, end of year
- $41,243,448
- Total liabilities, end of year
- $9,563
- Net assets, end of year
- $41,233,885
- Land, buildings and equipment
- $15,055
- Gross receipts
- $15
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1966
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL MULGREW | PRESIDENT Officer | 1 | $0 | $347,082 | $84,574 |
| LEROY BARR | SECRETARY Officer | 1 | $0 | $239,707 | $104,632 |
| VICTORIA LEE | TREASURER Officer | 1 | $0 | $98,203 | $24,057 |
990 for the year ended July 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL MULGREW | PRESIDENT Officer | 1 | $0 | $342,999 | $71,721 |
| LEROY BARR | SECRETARY Officer | 1 | $0 | $237,715 | $63,526 |
| DEBRA PENNY | FORMER TREASURER Officer | 1 | $0 | $143,947 | $28,048 |
| VICTORIA LEE | TREASURER Officer | 1 | $0 | $97,168 | $23,826 |
990 for the year ended July 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL MULGREW | PRESIDENT Officer | 1 | $0 | $327,736 | $60,406 |
| LEROY BARR | SECRETARY Officer | 1 | $0 | $225,870 | $55,324 |
| DEBRA PENNY | TREASURER Officer | 1 | $0 | $114,240 | $28,560 |
Address and contacts
- Address (IRS master file)
- 52 BROADWAY, NEW YORK, NY 10004-1603
- In care of
- % WILLIAMS
- Principal officer (990 for 2024)
- MICHAEL MULGREW, 52 BROADWAY, NEW YORK, NY 10004
- Signed the 990
- VICTORIA LEE, TREASURER
- Phone
- (212) 777-7500
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF ACQUIRING AND OPERATING REAL PROPERTY ON BEHALF OF THE UNITED FEDERATION OF TEACHERS.
Program accomplishments
- GROSS EXPENSES INCURRED BY CORPORATION HOLDING TITLE TO PROPERTY FOR AN EXEMPT ORGANIZATION.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 13-2573734
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- July
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $41,243,448
- Income (IRS master file)
- $15
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $15 | $36,325 | $41,243,448 | XML |
| 990 | July 2024 | $17 | $40,732 | $41,241,211 | XML |
| 990 | July 2023 | $11 | $32,233 | $41,242,533 | XML |
| 990 | July 2022 | $1 | $34,903 | $41,243,207 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2573734).
Questions about 260 PARK AVE REALTY CORP
- What is the EIN of 260 PARK AVE REALTY CORP?
- The employer identification number (EIN) of 260 PARK AVE REALTY CORP is 13-2573734.
- Is 260 PARK AVE REALTY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1988.
- Are donations to 260 PARK AVE REALTY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 260 PARK AVE REALTY CORP file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of 260 PARK AVE REALTY CORP due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 260 PARK AVE REALTY CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of 260 PARK AVE REALTY CORP?
- The 990 for the year ended July 31, 2025 names MICHAEL MULGREW.
- Who are the officers and directors of 260 PARK AVE REALTY CORP?
- The 990 for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does 260 PARK AVE REALTY CORP have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $15, expenses of $36,325 and total assets of $41,243,448 at year end.
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