Local No 1 Realty Corp
501(c)(2)
Only null% goes to programs Strong reserves Declining revenue
Local No 1 Realty Corp is a 501(c)(2) organization based in Long Is City, New York, registered in 1993, with $1,163,212 in FY2024 revenue. CharityIndex grades it C+.
4724 27th St, Long Is City, NY, 11101 EIN 13-3321278 Since 1993
Revenue (FY2024)
$1.2M
▲ 5.9% vs prior year
Expenses (FY2024)
$684K
Net assets
$5.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Local No 1 Realty Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating87 mo reserves · +41% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Local No 1 Realty Corp: 87 mo reserves · +41% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Local No 1 Realty Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Local No 1 Realty Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 4724 27th St, Long Is City, NY, 11101
- City
- Long Is City
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $605K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $270KNet assets $5.0M
Operating margin
41.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$270K
Net assets
$5.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,163,212▲5.9% | $684,287▲4.6% | $4,984,479▲10.6% | $5,254,767▲0.6% | 990 |
| 2023 | $1,098,767▲11.5% | $654,426▲13.4% | $4,505,554▲10.9% | $5,225,842▲3.9% | 990 |
| 2022 | $985,695▼48.0% | $576,944▲15.5% | $4,061,213▲11.2% | $5,031,501▲1.4% | 990 |
| 2021 | $1,895,962▲126% | $499,592▲4.1% | $3,652,462▲61.9% | $4,962,275▲39.0% | 990 |
| 2020 | $838,476▲2.9% | $479,702▲0.6% | $2,256,092▲18.9% | $3,570,307▼0.1% | 990 |
| 2019 | $815,198▲0.6% | $476,659▼2.3% | $1,897,318▲21.7% | $3,574,490▼1.4% | 990 |
| 2018 | $810,104▲13.2% | $487,883▲6.4% | $1,558,779▲26.1% | $3,624,238▼1.0% | 990 |
| 2017 | $715,932▲3.7% | $458,598▲1.9% | $1,236,558▲26.3% | $3,659,524▲1.5% | 990 |
| 2016 | $690,383▲11.3% | $450,138▲4.3% | $979,224▲32.5% | $3,604,134▲1.2% | 990 |
| 2015 | $620,389▲1.3% | $431,642▼1.0% | $738,979▲34.3% | $3,560,481▲10.8% | 990 |
| 2014 | $612,444▲1.3% | $435,953▼5.1% | $550,232▲47.2% | $3,213,175▲1.6% | 990 |
| 2013 | $604,856 | $459,330 | $373,741 | $3,163,169 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Local No 1 Realty Corp a legitimate nonprofit?
- Yes. Local No 1 Realty Corp is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 13-3321278, based in Long Is City, New York.
- What is Local No 1 Realty Corp's EIN?
- Local No 1 Realty Corp's Employer Identification Number (EIN) is 13-3321278.
- How much revenue does Local No 1 Realty Corp report?
- Local No 1 Realty Corp reported $1,163,212 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Local No 1 Realty Corp have?
- CharityIndex grades Local No 1 Realty Corp C+, based on financial health (reserves and operating margin).
More nonprofits in Long Is City
Explore more
Data for Local No 1 Realty Corp (EIN 13-3321278) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.