50 BROADWAY REALTY CORP: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: 50 BROADWAY REALTY CORP (EIN 02-0555262)
Tax period: 2022-08-01 to 2023-07-31
Filed: 2024-06-13
IRS object ID: 202401659349300710
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-06-13T08:11:02-05:00	ReturnTs
Tax Period End	2023-07-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	750786316	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WEAVER AND TIDWELL LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	ONE PENNSYLVANIA PLAZA SUITE 3200	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10119	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-08-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	020555262	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	50 BROADWAY REALTY CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	50BR	BusinessNameControlTxt
Phone	2127777500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 BROADWAY	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10004	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DEBRA PENNY	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	2127777500	PhoneNum
Signature	2024-05-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DEBRA	PersonFirstNm
Person Last	PENNY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARC NEWMAN	PreparerPersonNm
PTIN	P00293703	PTIN
Phone	2126955003	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MICHAEL MULGREW	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 BROADWAY	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10004	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$18,153,011	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AND OPERATING REAL PROPERTY LOCATED AT 50 BROADWAY, NEW YORK, NEW YORK ON BEHALF OF THE UNITED FEDERATION OF TEACHERS, LOCAL 2.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	10	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$16,104,760	PYProgramServiceRevenueAmt
CY Program Service Revenue	$15,793,710	CYProgramServiceRevenueAmt
PY Investment Income	$84,593	PYInvestmentIncomeAmt
CY Investment Income	$468,711	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$16,189,353	PYTotalRevenueAmt
CY Total Revenue	$16,262,421	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$969,415	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$975,853	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$14,359,086	PYOtherExpensesAmt
CY Other Expenses	$14,607,782	CYOtherExpensesAmt
PY Total Expenses	$15,328,501	PYTotalExpensesAmt
CY Total Expenses	$15,583,635	CYTotalExpensesAmt
PY Revenues Less Expenses	$860,852	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$678,786	CYRevenuesLessExpensesAmt
Total Assets BOY	$103,829,676	TotalAssetsBOYAmt
Total Assets EOY	$100,547,151	TotalAssetsEOYAmt
Total Liabilities BOY	$85,764,794	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$81,759,131	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$18,064,882	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$18,788,020	NetAssetsOrFundBalancesEOYAmt
Mission	WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AND OPERATING REAL PROPERTY LOCATED AT 50 BROADWAY, NEW YORK, NEW YORK ON BEHALF OF THE UNITED FEDERATION OF TEACHERS, LOCAL 2.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	GROSS EXPENSES INCURRED BY CORPORATIN HOLDING TITLE TO PROPERTY FOR AN EXEMPT ORGANIZATION.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	14	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	10	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	0	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHARLES BAKER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2127777500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 BROADWAY	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10004	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MICHAEL MULGREW
PRESIDENT	1.00	38.00	Yes (X)	$0	$327,736	$60,406
DEBRA PENNY
TREASURER	1.00	33.00	Yes (X)	$0	$114,240	$28,560
LEROY BARR
SECRETARY	1.00	38.00	Yes (X)	$0	$225,870	$55,324
KEVIN RIDDER
BLDG MAINTENANCE	35.00			$219,923	$0	$67,660	Yes (X)
CHARLES HOHMANN
BLDG MAINTENANCE	35.00			$202,343	$0	$68,646	Yes (X)
DAVID HICKEY
BLDG MANAGER	35.00			$193,085	$0	$0	Yes (X)
MAURICE O'LEARY
BLDG MAINTENANCE	35.00			$140,222	$0	$53,730	Yes (X)
FRANK FINAMORE
BLDG MAINTENANCE	35.00			$140,435	$0	$55,795	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$896,008	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$667,846	TotReportableCompRltdOrgAmt
Total Other Compensation	$390,121	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	8	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
PBM LLC
405 LEXINGTON AVE 40TH FL	NEW YORK	NY	10174	BUILDING MAINTENANCE	$1,937,255
CON EDISON
4 IRVING PLACE	NEW YORK	NY	10003	ENERGY PROVIDER	$675,936
HARVARD PROTECTION SERVICES LLC
PO BOX 95000-1112	PHILADELPHIA	PA	19195	SECURITY SERVICES	$385,112
UNITY ELECTRIC CO INC
6545 FRESH MEADOWS LANE	FLUSHING	NY	11365	ELECTRICAL CONTRACTOR	$314,400
CUSHMAN & WAKEFIELD IS INC
55 WESTPORT PLAZA - STE 600	ST LOUIS	MO	63146	BUILDING MANAGEMENT	$294,193

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME	531120	$14,313,308	$14,313,308
REIMBURSEMENT FROM TENANTS	531120	$1,309,744	$1,309,744

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$170,658	TotalRevenueColumnAmt
Related Or Exempt Func Income	$170,658	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$15,793,710	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$459,301	TotalRevenueColumnAmt
Exclusion	$459,301	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,900,000	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,890,590	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$9,410	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,410	TotalRevenueColumnAmt
Exclusion	$9,410	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$16,262,421	TotalRevenueColumnAmt
Related Or Exempt Func Income	$15,793,710	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$468,711	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$826,538	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$149,315	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$233,895	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$37,256	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$29,000	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$24,095	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$88,201	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,948,775	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,798,812	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,419,793	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$245,670	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
CLEANING AND RUBBISH RE	$2,024,328
REPAIRS AND MAINTENANCE	$567,518
LEASING COMMISSIONS	$427,386
SECURITY SERVICE	$396,432

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$366,621	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$15,583,635	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$605,981	BOYAmt
EOY	$643,591	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$5,466,173	BOYAmt
EOY	$5,018,061	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$908,354	BOYAmt
EOY	$617,915	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,125,489	BOYAmt
EOY	$1,193,983	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$115,759,972	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$56,554,964	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$61,835,862	BOYAmt
EOY	$59,205,008	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$6,710,473	BOYAmt
EOY	$7,415,696	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$27,177,344	BOYAmt
EOY	$26,452,897	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$103,829,676	BOYAmt
EOY	$100,547,151	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,010,042	BOYAmt
EOY	$1,139,691	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$267,973	BOYAmt
EOY	$354,488	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$62,000,000	BOYAmt
EOY	$62,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$22,486,779	BOYAmt
EOY	$18,264,952	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$85,764,794	BOYAmt
EOY	$81,759,131	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$1	BOYAmt
EOY	$1	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$18,064,881	BOYAmt
EOY	$18,788,019	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$18,064,882	BOYAmt
EOY	$18,788,020	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$103,829,676	BOYAmt
EOY	$100,547,151	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$678,786	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$44,352	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,168,808	OtherCostOrOtherBasisAmt
Book Value	$8,168,808	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$46,334,499	OtherCostOrOtherBasisAmt
Depreciation	$25,361,469	DepreciationAmt
Book Value	$20,973,030	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$61,256,665	OtherCostOrOtherBasisAmt
Depreciation	$31,193,495	DepreciationAmt
Book Value	$30,063,170	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$59,205,008	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
TENANTS' SECURITY DEPOSITS	$204,199
DEFERRED CLOSING COSTS	$743,042
DEFERRED LEASING COMMISSIONS	$1,923,496
UNBILLED RENT RECEIVABLE	$5,649,028
DUE FROM RELATED ENTITY	$17,933,132

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$26,452,897	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
DUE TO RELATED ENTITIES	$18,060,753
TENANTS' SECURITY DEPOSITS	$204,199

Field	Value	IRS element (for citing)
Total Liability	$18,264,952	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$16,306,773	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$44,352	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$44,352	RevenueNotReportedAmt
Revenue Subtotal	$16,262,421	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$16,262,421	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$15,583,635	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$15,583,635	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$15,583,635	TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL MULGREW
PRESIDENT	$0	$321,430	$0	$0	$0	$6,306	$0	$48,207	$0	$12,199	$0	$388,142	$0	$0
KEVIN RIDDER
BLDG MAINTENANCE	$219,923	$0	$0	$0	$0	$0	$25,279	$0	$42,381	$0	$287,583	$0	$0	$0
LEROY BARR
SECRETARY	$0	$225,870	$0	$0	$0	$0	$0	$26,231	$0	$29,093	$0	$281,194	$0	$0
CHARLES HOHMANN
BLDG MAINTENANCE	$202,343	$0	$0	$0	$0	$0	$26,093	$0	$42,553	$0	$270,989	$0	$0	$0
FRANK FINAMORE
BLDG MAINTENANCE	$140,435	$0	$0	$0	$0	$0	$21,516	$0	$34,279	$0	$196,230	$0	$0	$0
MAURICE O'LEARY
BLDG MAINTENANCE	$140,222	$0	$0	$0	$0	$0	$20,781	$0	$32,949	$0	$193,952	$0	$0	$0
DAVID HICKEY
BLDG MANAGER	$193,085	$0	$0	$0	$0	$0	$0	$0	$0	$0	$193,085	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE OUTSTANDING CAPITAL STOCK IS HELD BY 50-52 BROADWAY REALTY CORP.
FORM 990, PART VI, SECTION A, LINE 8A	THERE ARE NO MINUTES FOR THE MEETINGS HELD DURING THE YEAR.
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE CONTROLLER AND CFO OF THE UNITED FEDERATION OF TEACHERS, LOCAL 2, PRIOR TO THE FORM BEING FILED. ADDITIONALLY THE FORM 990 WAS EMAILED TO ALL OFFICERS PRIOR TO THE FORM BEING FILED.
FORM 990, PART VI, SECTION C, LINE 19	THE CORPORATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	50-52 BROADWAY LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 BROADWAY	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10004	ZIPCd

Field	Value	IRS element (for citing)
EIN	043621578	EIN
Primary Activities	HOLDING OWNERSHIP OF NOT-FOR-PROFIT REAL ESTATE	PrimaryActivitiesTxt
Legal Domicile State	NY	LegalDomicileStateCd
Total Income	-$8,884	TotalIncomeAmt
End Of Year Assets	$22,535,855	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	UNITED FEDERATION OF TEACHERS LOCAL 2	BusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Controlled OrganizationControlledOrganizationInd
UNITED FEDERATION OF TEACHERS
52 BROADWAY	NEW YORK	NY	10004	135582895	LABOR UNION	NY	501(C)(5)	0
260 PARK AVENUE REALTY CORP
52 BROADWAY	NEW YORK	NY	10004	132573734	ACQUIRING AND OPERATING REAL PROPERTY ON BEHALF OF THE UFT	NY	501(C)(2)	0
49 EAST 21 COMPANY INC
52 BROADWAY	NEW YORK	NY	10004	133683285	ACQUIRING AND OPERATING REAL PROPERTY ON BEHALF OF THE UFT	NY	501(C)(2)	0
52 BROADWAY REALTY CORP
52 BROADWAY	NEW YORK	NY	10004	020555237	ACQUIRING AND OPERATING REAL PROPERTY ON BEHALF OF THE UFT	NY	501(C)(2)	0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	UFT MEMORIALS INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 BROADWAY	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10004	ZIPCd

Field	Value	IRS element (for citing)
EIN	227322497	EIN
Primary Activities	PURCHASE PLOTS FROM CEMETARY ORGS AND MAKES SUCH PLOTS AVAILABLE TO MEMBERS	PrimaryActivitiesTxt
Legal Domicile State	NY	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	UNITED FEDERATION OF TEACHERS LOCAL 2 AFT	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Entity Type	C	EntityTypeTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	Yes (1)	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (1)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
50-52 BROADWAY LLC
D	$17,887,000	CASH DISBURSEMENTS
50-52 BROADWAY LLC
E	$13,653,670	CASH RECEIPTS
52 BROADWAY REALTY CORP
Q	$985,220	ALLOCATED EXPENSES
UNITED FEDERATION OF TEACHERS LOCAL 2
P	$132,399	ALLOCATED EXPENSES
UNITED FEDERATION OF TEACHERS LOCAL 2
J	$3,055,833	ALLOCATED EXPENSES
UNITED FEDERATION OF TEACHERS LOCAL 2
O	$656,991	CASH RECEIPTS