Nonprofit · EIN 23-7356004
WARC PROPERTIES INC
Tax-exempt · HAWTHORNE, NY 10532
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $94,672 | $53,066 | $41,606 | $2,590,850 | $0 | $2,590,850 |
| December 31, 2023 | 990 | $81,330 | $53,162 | $28,168 | $2,399,218 | $0 | $2,399,218 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $51,960
- Investment income
- $42,712
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $26,918
- Depreciation
- $26,148
- Program services (functional)
- $53,066
Balance sheet and other
- Total assets, start of year
- $2,399,218
- Total assets, end of year
- $2,590,850
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,590,850
- Land, buildings and equipment
- $933,251
- Publicly traded securities
- $1,399,992
- Net assets without donor restrictions
- $2,590,850
- Gross receipts
- $94,672
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1974
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIBISAY GUZMAN | EXECUTIVE DIRECTOR/CEO Trustee or director, Officer | 0.8 | $0 | $337,952 | $78,895 |
| MARK GLUCKSMAN | TREASURER Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ANNE MAJSAK | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN BARRETT | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT PICONE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIBISAY GUZMAN | EXECUTIVE DIRECTOR/CEO Trustee or director, Officer | 0.75 | $0 | $323,022 | $97,478 |
| MARK GLUCKSMAN | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| JOHN BARRETT | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| ANNE MAJSAK | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| ROBERT PICONE | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 265 SAW MILL RIVER RD, HAWTHORNE, NY 10532-1509
- In care of
- % ARC ACCOUNTING DEPT
- Principal officer (990 for 2024)
- TIBISAY GUZMAN, 265 SAW MILL RIVER ROAD, HAWTHORNE, NY 10532
- Signed the 990
- TIBISAY GUZMAN, CEO
- Phone
- (914) 495-4623
- Return prepared by
- BDO USA
Mission
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WHICH ARE TO PROVIDE BOTH REAL AND PERSONAL PROPERTY TO BE LEASED AT NO PROFIT TO NOT FOR PROFIT CORPORATIONS WHICH CURRENTLY OR MAY IN THE FUTURE PROVIDE SERVICES IN THE NATURE OF RESIDENTIAL FACILITIES, DAY PROGRAMS, EMPLOYMENT PROGRAMS, EDUCATIONAL PROGRAMS, OR OTHER PROGRAMS FOR INDIVIDUALS WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES.
Program accomplishments
- LEASING OF ACQUIRED PROPERTIES TO AFFILIATED NOT-FOR-PROFIT ORGANIZATIONS.Expenses $53,066 · revenue $51,960
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 | Not 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
- 23-7356004
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47Z)
- Assets (IRS master file)
- $2,590,850
- Income (IRS master file)
- $94,672
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $94,672 | $53,066 | $2,590,850 | XML |
| 990 | December 2023 | $81,330 | $53,162 | $2,399,218 | XML |
| 990 | December 2022 | $62,821 | $52,276 | $2,247,166 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 23-7356004).
Questions about WARC PROPERTIES INC
- What is the EIN of WARC PROPERTIES INC?
- The employer identification number (EIN) of WARC PROPERTIES INC is 23-7356004.
- Is WARC PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to WARC PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WARC PROPERTIES INC 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 WARC PROPERTIES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WARC PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WARC PROPERTIES INC?
- The 990 for the year ended December 31, 2024 names TIBISAY GUZMAN.
- Who are the officers and directors of WARC PROPERTIES INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does WARC PROPERTIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $94,672, expenses of $53,066 and total assets of $2,590,850 at year end.
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All nonprofits in HAWTHORNE · New York · Community improvement and capacity building