Nonprofit · EIN 23-7223245
LOCAL 863 CORPORATION
Also known as 863
Tax-exempt · MOUNTAINSIDE, NJ 07092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $80,989 | $0 | $80,989 | $1,574,405 | $456 | $1,573,949 |
| December 31, 2023 | 990 | $43,789 | $0 | $43,789 | $1,493,372 | $412 | $1,492,960 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $17,830
- Net rental income
- $63,159
- Other revenue
- $63,159
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $1,493,372
- Total assets, end of year
- $1,574,405
- Total liabilities, end of year
- $456
- Net assets, end of year
- $1,573,949
- Land, buildings and equipment
- $230,862
- Publicly traded securities
- $519,529
- Gross receipts
- $164,053
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1967
- State of legal domicile
- NJ
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALPHONSE RISPOLI JR | SECRETARY TREASURER Officer | 1 | $0 | $143,694 | $144,091 |
| LOUIS SANCHEZ | PRESIDENT Officer | 1 | $0 | $131,426 | $119,745 |
| CHARLES O'MARA | RECORDING SECRETARY Officer | 1 | $0 | $110,410 | $105,504 |
| JUAN MARRERO | TRUSTEE Trustee or director | 1 | $0 | $97,094 | $48,959 |
| GEORGE GRIMSHAW | VICE PRESIDENT Officer | 1 | $0 | $79,426 | $61,338 |
| DONOVAN DOBBS | TRUSTEE Trustee or director | 1 | $0 | $55,226 | $15,064 |
| ELIAS CAYADO | TRUSTEE Trustee or director | 1 | $0 | $6,000 | $1,680 |
| BRIAN CLANCY | TRUSTEE Trustee or director | 1 | $0 | $750 | $210 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALPHONSE RISPOLI JR | SECRETARY TREASURER Officer | 1 | $0 | $144,180 | $144,620 |
| LOUIS SANCHEZ | PRESIDENT Officer | 1 | $0 | $133,132 | $120,183 |
| CHARLES O'MARA | RECORDING SECRETARY Officer | 1 | $0 | $111,944 | $105,888 |
| GEORGE GRIMSHAW | VICE PRESIDENT Officer | 1 | $0 | $78,800 | $81,850 |
| JUAN MARRERO | TRUSTEE Trustee or director | 1 | $0 | $86,600 | $46,831 |
| ANTONIO SOCIEDADE | FORMER TRUSTEE Former | 1 | $0 | $32,740 | $68,413 |
| ELIAS CAYADO | TRUSTEE Trustee or director | 1 | $0 | $6,000 | $1,680 |
| DONOVAN DOBBS | TRUSTEE Trustee or director | 1 | $0 | $4,500 | $1,260 |
| BRIAN CLANCY | TRUSTEE Trustee or director | 1 | $0 | $1,000 | $280 |
Address and contacts
- Address (IRS master file)
- 209 SUMMIT RD, MOUNTAINSIDE, NJ 07092-2304
- Principal officer (990 for 2024)
- ALPHONSE RISPOLI JR, 209 SUMMIT ROAD, MOUNTAINSIDE, NJ 07092
- Signed the 990
- ALPHONSE RISPOLI JR, SECRETARY TREASURER
- Phone
- (908) 654-6990
- Return prepared by
- BEDERSON LLP
Mission
LEASE OF LAND AND BUILDING TO LOCAL UNION 863 AND AFFILIATED ENTITIES
Program accomplishments
- NOT APPLICABLE
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 | Not 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
- 23-7223245
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,574,405
- Income (IRS master file)
- $164,053
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $80,989 | $0 | $1,574,405 | XML |
| 990 | December 2023 | $43,789 | $0 | $1,493,372 | XML |
| 990 | December 2022 | $68,858 | $0 | $1,449,601 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 23-7223245).
Questions about LOCAL 863 CORPORATION
- What is the EIN of LOCAL 863 CORPORATION?
- The employer identification number (EIN) of LOCAL 863 CORPORATION is 23-7223245.
- Is LOCAL 863 CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1977.
- Are donations to LOCAL 863 CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL 863 CORPORATION 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 863 CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL 863 CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOCAL 863 CORPORATION?
- The 990 for the year ended December 31, 2024 names ALPHONSE RISPOLI JR.
- Who are the officers and directors of LOCAL 863 CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does LOCAL 863 CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $80,989, expenses of $0 and total assets of $1,574,405 at year end.
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