2025-11-16T13:54:23-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 273438200 LOCAL 817 REAL ESTATE HOLDING CORP LOCA 5163653470 817 OLD CUTTERMILL ROAD GREAT NECK NY 11021 THOMAS J O'DONNELL PRESIDENT 5163653470 2025-11-16 1 1 JON S GAGLIARDI CPA P00528721 9082727000 2024 2025-03-06 01:10:19Z THOMAS J O'DONNELL 817 OLD CUTTERMILL ROAD GREAT NECK NY 11021 235138 0 X N/A X 2010 NY LOCAL 817 REAL ESTATE HOLDING CORP FORMED IN 2010 FOR THE PURPOSE OF HOLDING TITLE TO OPERATE REAL ESTATE FOR THEATRICAL TEAMSTERS LOCAL 817 3 0 0 0 0 0 0 0 0 0 0 0 -158853 -189809 -158853 -189809 0 0 0 0 0 0 0 0 0 0 0 0 0 -158853 -189809 5724637 5534828 8388283 8388283 -2663646 -2853455 LOCAL 817 REAL ESTATE HOLDING CORP FORMED IN 2010 FOR THE PURPOSE OF HOLDING TITLE TO REAL ESTATE FOR THEATRICAL TEAMSTERS LOCAL 817. 0 0 LOCAL 817 REAL ESTATE HOLDING CORP WAS ORGANIZED FOR THE SOLE PURPOSE OF HOLDING TITLE TO REAL ESTATE AND OPERATING THE REAL ESTATE FOR THE THEATICAL TEAMSTERS LOCAL 817. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 X THOMAS J O'DONNELL 5163653470 817 OLD CUTTERMILL ROAD GREAT NECK NY 11021 THOMAS J O'DONNELL PRESIDENT 2.00 60.00 X 0 322990 133413 FRANCIS J CONNOLLY JR SECRETARY TREASURER 2.00 60.00 X 0 298158 117572 BRIAN SALOMONE VICE PRESIDENT 1.00 2.00 X 0 240196 94343 0 861344 345328 0 0 1 0 0 235138 424947 -189809 -189809 -189809 -189809 0 0 -189809 0 43758 38204 7706678 2210454 5680479 5496224 400 400 5724637 5534828 8388283 8388283 8388283 8388283 X -2663646 -2853455 -2663646 -2853455 5724637 5534828 -189809 0 X X 0 1 X 1 0 799819 799819 3199277 1107442 2091835 3707582 1103012 2604570 5496224 ADVANCE - LOCAL 817 8384616 SECURITY DEPOSITS 3667 8388283 X PART X, LINE 2: THE SUBSIDIARY, LOCAL 817 REAL ESTATE HOLDING CORP. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. 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 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 THAT MIGHT BE RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION 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 FISCAL YEAR 2024 AND 2023. 0 0 0 THOMAS J O'DONNELL PRESIDENT 0 322990 0 0 0 0 0 39317 0 94096 0 456403 0 0 FRANCIS J CONNOLLY JR SECRETARY TREASURER 0 298158 0 0 0 0 0 36281 0 81291 0 415730 0 0 BRIAN SALOMONE VICE PRESIDENT 0 240196 0 0 0 0 0 29101 0 65242 0 334539 0 0 FORM 990, PART VI, SECTION A, LINE 6 TEAMSTERS LOCAL 817 IS THE CONTROLLING ENTITY OF LOCAL 817 REAL ESTATE HOLDING CORP. SEVERAL OF THE OFFICERS OF THE LOCAL UNION 817 ARE THE OFFICERS OF THE LOCAL 817 REAL ESTATE HOLDING CORP., WHO HAVE BEEN APPOINTED BY THE EXECUTIVE BOARD OF THE LOCAL UNION 817. FORM 990, PART VI, SECTION A, LINE 7A TEAMSTERS LOCAL UNION 817 HAS MEMBERS WHO ELECT THE LOCAL'S GOVERNING BODY. LOCAL UNION 817'S GOVERNING BODY THEN APPOINTS THE OFFICERS (GOVERNING BODY) OF THE LOCAL 817 REAL ESTATE HOLDING CORP. FORM 990, PART VI, SECTION A, LINE 8B NO OTHER COMMITTEES EXIST WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SEVERAL OFFICERS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 LOCAL 817 REAL ESTATE HOLDING CORP MAKES IT'S DOCUMENTS AND FINANCIAL DATA AVAILABLE UPON REQUEST AT THE OFFICES OF THE HOLDING CORP. ARRANGEMENTS MUST BE MADE DURING NORMAL BUSINESS HOURS. COPIES ARE NOT ALLOWED FORM 990, PART XI, LINE 1 THE ORGANIZATIONS ACCOUNTING METHOD IS MODIFIED CASH BASIS OF ACCOUNTING. THERE HAS BEEN NO CHANGES FROM PREVIOUS YEARS. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN EXECUTIVE BOARD THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS. TEAMSTERS LOCAL 817 PENSION FUND 817 OLD CUTTERMILL RD GREAT NECK NY 11021 112610489 PROVIDES PENSION BENEFITS TO MEMBERS NY 501(A) 0 TEAMSTERS LOCAL UNION 817 817 OLD CUTTERMILL RD GREAT NECK NY 11021 130871961 LOCAL UNION ACTIVITIES NY 501(C)5 0 TEAMSTERS LOCAL 817 SCHOLARSHIP FUND 817 OLD CUTTERMILL RD GREAT NECK NY 11021 112602554 PROVIDES SCHOLARSHIP BENEFITS TO MEMBERS NY 501(C)9 0 THEATRICAL TEAMSTERS 817 WELFARE FUND 817 OLD CUTTERMILL RD GREAT NECK NY 11021 136210566 PROVIDES HEALTH & WELFARE BENEFITS TO MEMBERS NY 501(C)9 0 THOMAS R O'DONNELL SCHOLARSHIP FUND 817 OLD CUTTER MILL RD GREAT NECK NY 11021 454635365 PROVIDE SCHOLARSHIP BENEFITS NY 501(C)3 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 THEATRICAL TEAMSTERS LOCAL 817 J 133560 LEASE AGREEMENT THEATRICAL TEAMSTERS LOCAL 817 WELFARE FUND J 49894 LEASE AGREEMENT