Nonprofit · EIN 92-3384096
LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION
Tax-exempt · ELMWOOD PARK, NJ 07407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $225,374 | $185,124 | $40,250 | $2,327,559 | $2,593,259 | -$265,700 |
| December 31, 2024 | 990 | $40,061 | $285,551 | -$245,490 | $2,372,282 | $2,678,232 | -$305,950 |
| December 31, 2023 | 990 | $36,059 | $96,519 | -$60,460 | $2,158,456 | $2,218,916 | -$60,460 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $225,374
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,950
- Occupancy
- $115,467
- Depreciation
- $31,404
Balance sheet and other
- Total assets, start of year
- $2,372,282
- Total assets, end of year
- $2,327,559
- Total liabilities, end of year
- $2,593,259
- Net assets, end of year
- -$265,700
- Land, buildings and equipment
- $2,316,937
- Net assets without donor restrictions
- -$265,700
- Gross receipts
- $225,374
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- State of legal domicile
- NJ
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH DIPALMA | PRESIDENT Officer | 2 | $0 | $131,160 | $97,060 |
| JOSEPH DILEO | VICE PRESIDENT Officer | 0.5 | $0 | $119,442 | $102,690 |
| LOUIS RODRIGUEZ | SECRETARY TREASURER Officer | 5 | $0 | $125,622 | $93,103 |
| ALFELIX PEREZ | RECORDING SECRETARY Officer | 0.5 | $0 | $122,213 | $94,979 |
| JOHN TIEDMANN | TRUSTEE Officer | 0.5 | $0 | $121,428 | $94,979 |
| NICHOLAS JAYME | TRUSTEE Officer | 0.5 | $0 | $121,524 | $91,869 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALFELIX PEREZ | RECORDING SECRETARY Officer | 0.5 | $0 | $118,827 | $105,234 |
| JOSEPH DIPALMA | PRESIDENT Officer | 2 | $0 | $128,427 | $87,903 |
| JOSEPH DILEO | VICE PRESIDENT Officer | 0.5 | $0 | $119,757 | $92,075 |
| LOUIS RODRIGUEZ | SECRETARY-TREASURER Officer | 5 | $0 | $123,368 | $83,188 |
| JOHN TIEDMANN | TRUSTEE Officer | 0.5 | $0 | $118,784 | $85,732 |
| NICHOLAS JAYME | TRUSTEE Officer | 0.5 | $0 | $118,864 | $82,204 |
| VINCENT LATERZA | TRUSTEE Officer | 0.5 | $0 | $371 | $93 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH DIPALMA | PRESIDENT Officer | 2 | $0 | $121,974 | $85,514 |
| JOSEPH DILEO | RECORDING SECRETARY Officer | 0.5 | $0 | $113,306 | $88,639 |
| LOUIS RODRIGUEZ | SECRETARY-TREASURER Officer | 5 | $0 | $117,496 | $80,503 |
| NICHOLAS JAYME | TRUSTEE Officer | 0.5 | $0 | $113,077 | $79,458 |
| ALFELIX PEREZ | TRUSTEE Officer | 0.5 | $0 | $111,158 | $56,476 |
| HAROLD WELSH JR | VICE PRESIDENT Officer | 0.5 | $0 | $46,519 | $47,187 |
| JOHN TIEDMANN | TRUSTEE Officer | 0.5 | $0 | $17,785 | $5,401 |
Address and contacts
- Address (IRS master file)
- 303 MOLNAR DRIVE, ELMWOOD PARK, NJ 07407-3213
- In care of
- % LOCAL 560 TEAMSTERS
- Principal officer (990 for 2025)
- JOSEPH DIPALMA, 303 MOLNAR DRIVE, ELMWOOD PARK, NJ 07407
- Signed the 990
- JOSEPH DIPALMA, PRESIDENT
- Phone
- (201) 864-0051
- Return prepared by
- MSPC CPAS & ADVISORS PC
Mission
TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR TEAMSTERS LOCAL NO. 560.
Program accomplishments
- TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR TEAMSTERS LOCAL NO. 560.
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 | 990 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
- 92-3384096
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $2,327,559
- Income (IRS master file)
- $225,374
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $225,374 | $185,124 | $2,327,559 | XML |
| 990 | December 2024 | $40,061 | $285,551 | $2,372,282 | IRS |
| 990 | December 2023 | $36,059 | $96,519 | $2,158,456 | XML |
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 92-3384096).
Questions about LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION
- What is the EIN of LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION?
- The employer identification number (EIN) of LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION is 92-3384096.
- Is LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2025.
- Are donations to LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION 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 LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION?
- The 990 for the year ended December 31, 2025 names JOSEPH DIPALMA.
- Who are the officers and directors of LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $225,374, expenses of $185,124 and total assets of $2,327,559 at year end.
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