2025-05-09T12:46:20-05:00 2024-06-30 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-07-01 133624152 215 OLD NYACK TURNPIKE HOLDING CORP 215O 8454255073 215 OLD NYACK TURNPIKE CHESTNUT RIDGE NY 10977 STEPHEN REICH DIRECTOR 8454255073 2025-05-09 1 1 RAYMOND HARGADON CPA P01780635 9082727000 2023 2025-03-06 01:10:19Z STEPHEN REICH 215 OLD NYACK TURNPIKE CHESTNUT RIDGE NY 10977 126537 0 X N/A X 1991 NY TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR LABORERS' LOCAL 754. 7 0 0 0 0 0 0 0 108116 96264 0 0 24835 30273 132951 126537 0 0 0 0 0 0 0 0 0 128057 131487 128057 131487 4894 -4950 863437 821502 472874 435889 390563 385613 TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR LABORERS' LOCAL 754. 0 0 TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR LABORERS' LOCAL 754. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 0 1 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 X STEPHEN REICH 8454255073 215 OLD NYACK TURNPIKE CHESTNUT RIDGE NY 10977 STEPHEN REICH PRESIDENT 3.00 40.00 X 0 231400 123725 KENNETH LEWIS VICE PRESIDENT 2.00 40.00 X 0 8320 1299 LORENZO HENDERSON EXECUTIVE BOARD MEMBER 1.00 X 0 2500 0 BRIAN BARBERA JR EXECUTIVE BOARD MEMBER 1.00 X 0 2000 0 KEVIN WAGNER REC SECRETARY 1.00 X 0 2000 0 JOSEPH COSKEY EXECUTIVE BOARD MEMBER 1.00 X 0 3500 0 ROBERT BONOMOLO EXECUTIVE BOARD MEMBER 1.00 X 0 3500 0 0 253220 125024 0 0 1 0 0 RENTAL INCOME 531120 96264 96264 96264 REIMBURSED EXPENSES 900099 30273 30273 30273 126537 126537 0 0 1720 10000 88618 29894 MEALS & ENTERTAINMENT 1255 131487 59047 47006 1145964 371468 804390 774496 863437 821502 472874 435889 472874 435889 X 0 0 0 0 390563 385613 390563 385613 863437 821502 -4950 0 X 0 1 X 0 0 189189 189189 956775 371468 585307 774496 NOTES PAYABLE TO LOCAL 754 435889 435889 X 126537 0 126537 0 126537 131487 0 131487 0 131487 PART X, LINE 2: THE LOCAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE. THE SUBSIDIARY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THE SUBSIDIARY IS A NONPROFIT ORGANIZATION AND HAS OBTAINED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C) (2) OF THE INTERNAL REVENUE CODE. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LOCAL OR SUBSIDIARY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LOCAL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED JUNE 30, 2024 OR 2023. THE LOCAL AND THE SUBSIDIARY HAVE FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2020 TO 2023 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE LOCAL AND THE SUBSIDIARY ARE NOT CURRENTLY UNDER AUDIT NOR HAVE THE LOCAL OR THE SUBSIDIARY BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. X 0 0 0 STEPHEN REICH PRESIDENT 0 231400 0 0 0 0 0 100637 0 23088 0 355125 0 0 FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE OFFICERS OF THE CORPORATION ARE ALSO OFFICERS OF LABORERS' LOCAL 754. FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS THAT SERVE THE CORPORATION ARE ELECTED OFFICERS OF LABORERS' LOCAL 754. THE OFFICERS OF LOCAL 754 ARE ELECTED BY THE MEMBERS IN GOOD STANDING OF LABORERS' LOCAL 754. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY EACH OF THE MEMBERS OF THE EXECUTIVE BOARD. THE EXECUTIVE BOARD IS THE GOVERNING BODY OF THE ORGANIZATION AND CONSISTS OF ALL OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED REPORTS, RECORDS, AND DOCUMENTS ARE MADE AVAILABLE AT THE CORPORATION'S OFFICES UPON REQUEST. PART VI, SECTION B, LINES 15(A) & 15(B) NONE OF THE OFFICERS OF THE CORPORATION ARE COMPENSATED. THE CORPORATION DOES NOT HAVE A CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICAL, OR KEY EMPLOYEES. LABORERS' LOCAL 754 215 OLD NYACK TURNPIKE CHESTNUT RIDGE NY 10977 131739781 UNION NY 501(C)(5) 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 LABORERS LOCAL UNION 754 J 60000 RENTAL AGREEMENT LABORERS LOCAL UNION 754 E 435889 LOAN AGREEMENT