Nonprofit · EIN 82-3119524
60 OAK REALTY CORP
Tax-exempt · BABYLON, NY 11702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,202 | $0 | $2,202 | $1,043,751 | $1,166,329 | -$122,578 |
| December 31, 2024 | 990 | $1,067 | $0 | $1,067 | $1,091,339 | $1,216,119 | -$124,780 |
| December 31, 2023 | 990 | -$2,857 | $0 | -$2,857 | $1,141,717 | $1,267,564 | -$125,847 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $2,202
- Other revenue
- $2,202
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
- $1,091,339
- Total assets, end of year
- $1,043,751
- Total liabilities, end of year
- $1,166,329
- Net assets, end of year
- -$122,578
- Land, buildings and equipment
- $506,399
- Gross receipts
- $50,000
- 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 |
|---|---|---|---|---|
| Michael Sullivan | President Trustee or director, Officer | 1 | $0 | $81,189 |
| James Sokolowski | Vice General Chairman Trustee or director, Officer | 1 | $0 | $25,725 |
| Kevin Berthelsen-Leon | Secy-Treasurer Trustee or director, Officer | 0.5 | $0 | $20,751 |
| James Carone | Vice President Trustee or director, Officer | 0.5 | $0 | $19,019 |
| Brian Aarne | Recording Secretary Trustee or director, Officer | 1 | $0 | $1,513 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Michael Sullivan | President Trustee or director, Officer | 1 | $0 | $81,116 |
| James Sokolowski | Vice General Chairman Trustee or director, Officer | 1 | $0 | $25,548 |
| Kevin Berthelsen-Leon | Secy-Treasurer Trustee or director, Officer | 0.5 | $0 | $20,574 |
| James Carone | Vice President Trustee or director, Officer | 0.5 | $0 | $18,929 |
| Brian Aarne | Recording Secretary Trustee or director, Officer | 1 | $0 | $1,316 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Michael Sullivan | President Trustee or director, Officer | 1 | $0 | $52,518 |
| James Sokolowski | Vice General Chairman Trustee or director, Officer | 1 | $0 | $25,518 |
| Kevin Berthelsen-Leon | Secy-Treasurer Trustee or director, Officer | 0.5 | $0 | $20,544 |
| James Carone | Vice President Trustee or director, Officer | 0.5 | $0 | $19,060 |
| Brian Aarne | Recording Secretary Trustee or director, Officer | 1 | $0 | $1,333 |
Address and contacts
- Address (IRS master file)
- 60 OAK PL, BABYLON, NY 11702-2710
- In care of
- % CHRISTOPHER NATALE
- Principal officer (990 for 2025)
- James Carone, 60 Oak Place, Babylon, NY 11702
- Signed the 990
- James Carone, Vice President
- Phone
- (631) 587-0024
- Return prepared by
- Furman & Doepfner CPA's PLLC
Mission
A title holding corporation organized for the exclusive purpose of holding title to property for the use of other exempt organizations.
Program accomplishments
- Hold title to real property for the benefit of other tax exempt organizations.
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
- 82-3119524
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J11)
- Assets (IRS master file)
- $1,043,751
- Income (IRS master file)
- $50,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,202 | $0 | $1,043,751 | XML |
| 990 | December 2024 | $1,067 | $0 | $1,091,339 | XML |
| 990 | December 2023 | -$2,857 | $0 | $1,141,717 | XML |
| 990 | December 2022 | -$2,519 | $0 | $1,194,784 | 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 82-3119524).
Questions about 60 OAK REALTY CORP
- What is the EIN of 60 OAK REALTY CORP?
- The employer identification number (EIN) of 60 OAK REALTY CORP is 82-3119524.
- Is 60 OAK REALTY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2019.
- Are donations to 60 OAK REALTY CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 60 OAK 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 60 OAK 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 60 OAK 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 60 OAK REALTY CORP?
- The 990 for the year ended December 31, 2025 names James Carone.
- Who are the officers and directors of 60 OAK REALTY CORP?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does 60 OAK REALTY CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,202, expenses of $0 and total assets of $1,043,751 at year end.
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