Nonprofit · EIN 82-2946166
LOCAL 79 REALTY CORP
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $763,854 | $988,047 | -$224,193 | $17,967,516 | $20,505,339 | -$2,537,823 |
| December 31, 2024 | 990 | $741,606 | $939,705 | -$198,099 | $18,407,272 | $20,720,902 | -$2,313,630 |
| December 31, 2023 | 990 | $720,006 | $946,912 | -$226,906 | $19,225,005 | $21,340,536 | -$2,115,531 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $763,848
- Investment income
- $6
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,900
- Occupancy
- $472,694
- Depreciation
- $508,130
Balance sheet and other
- Total assets, start of year
- $18,407,272
- Total assets, end of year
- $17,967,516
- Total liabilities, end of year
- $20,505,339
- Net assets, end of year
- -$2,537,823
- Land, buildings and equipment
- $17,810,730
- Net assets without donor restrictions
- -$2,537,823
- Gross receipts
- $763,854
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2017
- 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 |
|---|---|---|---|---|---|
| ANTHONY J VITA | DIRECTOR/SECRETARY/TREASUR Trustee or director | 1 | $0 | $425,476 | $156,745 |
| JOHN S NORBURY | DIRECTOR Trustee or director | 1 | $0 | $309,846 | $153,378 |
| MICHAEL J PROHASKA | DIRECTOR/PRESIDENT - THRU 07/25 Trustee or director | 1 | $0 | $284,261 | $86,667 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL J PROHASKA | DIRECTOR/PRESIDENT Trustee or director | 1 | $0 | $367,822 | $169,484 |
| ANTHONY J VITA | DIRECTOR/SECRETARY/TREASURER Trustee or director | 1 | $0 | $369,218 | $162,660 |
| JOHN S NORBURY | DIRECTOR - EFF 03/24 Trustee or director | 1 | $0 | $249,865 | $132,648 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY J VITA | DIRECTOR/SECRETARY/TREAS Trustee or director | 1 | $0 | $342,566 | $139,822 |
| MICHAEL J PROHASKA | DIRECTOR/PRESIDENT Trustee or director | 1 | $0 | $184,404 | $74,760 |
Address and contacts
- Address (IRS master file)
- 131 W 33RD STREET 7TH FLOOR, NEW YORK, NY 10001-2908
- Principal officer (990 for 2025)
- ANTHONY J VITA, 131 W 33RD STREET 7TH FLOOR, NEW YORK, NY 10001
- Signed the 990
- ANTHONY J VITA, BUSINESS MANAGER
- Phone
- (212) 465-7900
- Return prepared by
- SCHULTHEIS & PANETTIERI LLP
Mission
THE PURPOSE OF THE BUILDING CORP IS TO ACT AS NOMINEE FOR THE UNION BY HOLDING THE TITLE TO REAL ESTATE.
Program accomplishments
- THE PURPOSE OF THE BUILDING CORP IS TO ACT AS NOMINEE FOR THE UNION BY HOLDING THE TITLE TO REAL ESTATE.
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
- 82-2946166
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $17,967,516
- Income (IRS master file)
- $763,854
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $763,854 | $988,047 | $17,967,516 | XML |
| 990 | December 2024 | $741,606 | $939,705 | $18,407,272 | XML |
| 990 | December 2023 | $720,006 | $946,912 | $19,225,005 | XML |
| 990 | December 2022 | $720,008 | $957,722 | $19,473,887 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 82-2946166).
Questions about LOCAL 79 REALTY CORP
- What is the EIN of LOCAL 79 REALTY CORP?
- The employer identification number (EIN) of LOCAL 79 REALTY CORP is 82-2946166.
- Is LOCAL 79 REALTY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2018.
- Which annual return does LOCAL 79 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 79 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 79 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 79 REALTY CORP?
- The 990 for the year ended December 31, 2025 names ANTHONY J VITA.
- Who are the officers and directors of LOCAL 79 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 79 REALTY CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $763,854, expenses of $988,047 and total assets of $17,967,516 at year end.
Other nonprofits in NEW YORK
- NEW YORK UNIVERSITY EIN 13-5562308 · last filed 990 for 2025
- HEALTHFIRST PHSP INC EIN 13-3783732 · last filed 990 for 2024
- THE NEW YORK AND PRESBYTERIAN HOSPITAL EIN 13-3957095 · last filed 990 for 2024
- NYU LANGONE HOSPITALS EIN 13-3971298 · last filed 990 for 2025
- MEMORIAL SLOAN-KETTERING CANCER CENTER EIN 91-2154267 · last filed 990 for 2024
- TRUSTEES OF COLUMBIA UNIVERSITY EIN 13-5598093 · last filed 990 for 2025
- HEALTHFIRST HEALTH PLAN INC EIN 11-3029569 · last filed 990 for 2024
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC EIN 31-1774905 · last filed 990 for 2024