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Nonprofit · EIN 23-7223245

LOCAL 863 CORPORATION

Also known as 863

Tax-exempt · MOUNTAINSIDE, NJ 07092

Financials

$44K$02023$81K$02024
Revenue Expenses · by fiscal year end
Financials of LOCAL 863 CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$80,989$0$80,989$1,574,405$456$1,573,949
December 31, 2023990$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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALPHONSE RISPOLI JRSECRETARY TREASURER
Officer
1$0$143,694$144,091
LOUIS SANCHEZPRESIDENT
Officer
1$0$131,426$119,745
CHARLES O'MARARECORDING SECRETARY
Officer
1$0$110,410$105,504
JUAN MARREROTRUSTEE
Trustee or director
1$0$97,094$48,959
GEORGE GRIMSHAWVICE PRESIDENT
Officer
1$0$79,426$61,338
DONOVAN DOBBSTRUSTEE
Trustee or director
1$0$55,226$15,064
ELIAS CAYADOTRUSTEE
Trustee or director
1$0$6,000$1,680
BRIAN CLANCYTRUSTEE
Trustee or director
1$0$750$210
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALPHONSE RISPOLI JRSECRETARY TREASURER
Officer
1$0$144,180$144,620
LOUIS SANCHEZPRESIDENT
Officer
1$0$133,132$120,183
CHARLES O'MARARECORDING SECRETARY
Officer
1$0$111,944$105,888
GEORGE GRIMSHAWVICE PRESIDENT
Officer
1$0$78,800$81,850
JUAN MARREROTRUSTEE
Trustee or director
1$0$86,600$46,831
ANTONIO SOCIEDADEFORMER TRUSTEE
Former
1$0$32,740$68,413
ELIAS CAYADOTRUSTEE
Trustee or director
1$0$6,000$1,680
DONOVAN DOBBSTRUSTEE
Trustee or director
1$0$4,500$1,260
BRIAN CLANCYTRUSTEE
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

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$80,989$0$1,574,405XML
990December 2023$43,789$0$1,493,372XML
990December 2022$68,858$0$1,449,601IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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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