Nonprofit · EIN 13-3321278
LOCAL NO 1 REALTY CORP
Tax-exempt · LONG IS CITY, NY 11101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,153,916 | $688,803 | $465,113 | $5,494,880 | $45,288 | $5,449,592 |
| December 31, 2024 | 990 | $1,163,212 | $684,287 | $478,925 | $5,254,767 | $270,288 | $4,984,479 |
| December 31, 2023 | 990 | $1,098,767 | $654,426 | $444,341 | $5,225,842 | $720,288 | $4,505,554 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,125,129
- Investment income
- $28,259
- Other revenue
- $528
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $395,923
- Depreciation
- $292,297
Balance sheet and other
- Total assets, start of year
- $5,254,767
- Total assets, end of year
- $5,494,880
- Total liabilities, end of year
- $45,288
- Net assets, end of year
- $5,449,592
- Land, buildings and equipment
- $3,320,514
- Net assets without donor restrictions
- $5,449,592
- Gross receipts
- $1,153,916
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1985
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LEONARD LEGOTTE | PRESIDENT Trustee or director | 1 | $0 | $346,097 | $112,989 |
| MICHAEL RIEGGER | SECRETARY-TREASURER Trustee or director | 1 | $0 | $294,962 | $113,213 |
| DENIS KILDUFF | TRUSTEE Trustee or director | 1 | $0 | $283,686 | $113,213 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LEONARD LEGOTTE | PRESIDENT Trustee or director | 1 | $0 | $327,702 | $108,448 |
| MICHAEL RIEGGER | SECRETARY-TREASURER Trustee or director | 1 | $0 | $278,954 | $108,658 |
| DENIS KILDUFF | TRUSTEE Trustee or director | 1 | $0 | $269,262 | $108,658 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LEONARD LEGOTTE | PRESIDENT Trustee or director | 1 | $0 | $317,048 | $106,088 |
| MICHAEL RIEGGER | SECRETARY-TREASURER Trustee or director | 1 | $0 | $269,171 | $106,088 |
| DENIS KILDUFF | TRUSTEE Trustee or director | 1 | $0 | $259,984 | $106,088 |
Address and contacts
- Address (IRS master file)
- 4724 27TH ST, LONG IS CITY, NY 11101-4411
- Principal officer (990 for 2025)
- MICHAEL RIEGGER, 47-24 27TH STREET, LONG ISLAND CITY, NY 11101
- Signed the 990
- MICHAEL RIEGGER, SECRETARY TREASURER
- Phone
- (718) 767-7004
- Return prepared by
- DANIEL A WINTERS & COMPANY CPAS
Mission
TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY ON BEHALF OF LOCAL 1 ELEVATOR CONSTRUCTORS UNION OF NEW YORK CITY AND VICINITY, TO COLLECT THE INCOME FROM SUCH REAL PROPERTY, TO PAY THE EXPENSES OF OPERATING AND MAINTAINING SUCH REAL PROPERTY AND TO TURN OVER AMOUNTS AS PROPER TO LOCAL UNION NO. 1.
Program accomplishments
- LOCAL 1 REALTY CORP'S EXEMPT PURPOSE IS TO ACQUIRE AND HOLD TITLE TO REAL PROPERTY ON BEHALF OF LOCAL NO. 1 ELEVATOR CONSTRUCTORS UNION OF NEW YORK CITY AND VICINITY, TO COLLECT THE INCOME FROM SUCH REAL PROPERTY, TO PAY THE EXPENSES OF OPERATING AND MAINTAINING SUCH REAL PROPERTY AND TO TURN OVER AMOUNTS AS PROPER TO LOCAL UNION NO. 1.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3321278
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,494,880
- Income (IRS master file)
- $1,153,916
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,153,916 | $688,803 | $5,494,880 | IRS |
| 990 | December 2024 | $1,163,212 | $684,287 | $5,254,767 | XML |
| 990 | December 2023 | $1,098,767 | $654,426 | $5,225,842 | XML |
| 990 | December 2022 | $985,695 | $576,944 | $5,031,501 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 13-3321278).
Questions about LOCAL NO 1 REALTY CORP
- What is the EIN of LOCAL NO 1 REALTY CORP?
- The employer identification number (EIN) of LOCAL NO 1 REALTY CORP is 13-3321278.
- Is LOCAL NO 1 REALTY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1993.
- Are donations to LOCAL NO 1 REALTY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL NO 1 REALTY CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOCAL NO 1 REALTY CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL NO 1 REALTY CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOCAL NO 1 REALTY CORP?
- The 990 for the year ended December 31, 2025 names MICHAEL RIEGGER.
- Who are the officers and directors of LOCAL NO 1 REALTY CORP?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LOCAL NO 1 REALTY CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,153,916, expenses of $688,803 and total assets of $5,494,880 at year end.
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