Rwdsu Realty Corp

Rwdsu Realty Corp maintains stable operations with no reported officer compensation, experiencing fluctuating revenues and expenses.

EIN: 132981499 · New York, NY · Updated: 2026-03-28

$3.2MRevenue
$1.8MGross Revenue
$515KAssets
75/100Mission Score (Good)
Rwdsu Realty Corp Financial Summary
MetricValue
Total Revenue$3.2M
Total Expenses$1.7M
Program Spending80%
Net Assets$2.0M
Transparency Score75/100

Is Rwdsu Realty Corp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Rwdsu Realty Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Rwdsu Realty Corp

Rwdsu Realty Corp (EIN: 132981499) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.2M and total assets of $515K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rwdsu Realty Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Rwdsu Realty Corp is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.7M
Total Expenses$1.7M
Surplus / Deficit+$11K
Total Assets$2.0M
Total Liabilities$21K
Net Assets$2.0M
Operating Margin0.6%
Debt-to-Asset Ratio1.0%
Months of Reserves14.0 months

Financial Health Grade: A

In 2023, Rwdsu Realty Corp reported a surplus of $11K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Rwdsu Realty Corp's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+17.4%+0.3%+0.8%
2022-5.8%+2.1%-10.9%
2021+8.3%+7.6%-4.9%
2020+4.7%+4.9%-4.2%
2019+0.3%+1.8%-4.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Rwdsu Realty Corp exhibits a somewhat inconsistent financial performance over the past decade. While the organization reported a significant revenue spike in 2015 ($24,967,646), its more recent years show revenues hovering around $1.4M - $1.7M, often slightly below or just above expenses. For instance, in 2023, revenue was $1,701,017 against expenses of $1,690,025, indicating a narrow surplus. However, in 2022, expenses ($1,685,528) exceeded revenue ($1,449,331), leading to a deficit. The organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to its mission or operational needs, rather than executive salaries. The NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus and make direct comparisons to peer organizations challenging. Asset levels have fluctuated, peaking around $3.6M in 2015 and then declining, before showing a recent increase to $1,977,095 in 2023 from $1,962,105 in 2022. Liabilities have generally remained low, suggesting good financial control and limited debt burden. The lack of reported officer compensation across all available filings suggests a strong commitment to minimizing administrative overhead in this specific area. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's difficult to fully assess spending efficiency beyond the executive compensation aspect. Overall, Rwdsu Realty Corp appears to be financially stable, albeit with fluctuating revenues and expenses that sometimes result in small deficits. The absence of officer compensation is a notable strength in terms of transparency and resource allocation. To fully assess its financial health and efficiency, more detailed expense breakdowns would be beneficial, especially given the 'Realty Corp' designation which might imply significant property management or investment activities that aren't immediately clear from the top-line 990 data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rwdsu Realty Corp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Rwdsu Realty Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.7MTotal Revenue
$1.7MTotal Expenses
$2.0MTotal Assets
$21KTotal Liabilities
$2.0MNet Assets
  • The organization reported a surplus of $11K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 1.0%.

Executive Compensation Analysis

Rwdsu Realty Corp consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests a strong commitment to minimizing administrative costs in this area.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Rwdsu Realty Corp's IRS 990 filings:

  • Unknown NTEE code makes it difficult to understand the organization's specific purpose and compare efficiency.
  • Lack of detailed expense breakdown (program, admin, fundraising) prevents a full assessment of spending efficiency.
  • Inconsistent revenue and expense patterns, with some years showing deficits (e.g., 2022 expenses of $1,685,528 exceeded revenue of $1,449,331).

Strengths

The following positive indicators were identified for Rwdsu Realty Corp:

  • Consistently reports 0% officer compensation, indicating no executive salaries are paid from the organization's funds.
  • Generally low liabilities across most years, suggesting good financial management and limited debt.
  • Recent positive net income in 2023 ($1,701,017 revenue vs. $1,690,025 expenses) indicates a return to a surplus.

Frequently Asked Questions about Rwdsu Realty Corp

Is Rwdsu Realty Corp a legitimate charity?

Rwdsu Realty Corp (EIN: 132981499) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 3 red flags identified. 3 strengths noted. Financial health grade: A.

How does Rwdsu Realty Corp spend its money?

Rwdsu Realty Corp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Rwdsu Realty Corp tax-deductible?

Rwdsu Realty Corp is registered as a tax-exempt nonprofit (EIN: 132981499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Rwdsu Realty Corp's spending goes to programs?

Rwdsu Realty Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Rwdsu Realty Corp located?

Rwdsu Realty Corp is headquartered in New York, New York and files with the IRS under EIN 132981499.

How many years of IRS 990 filings does Rwdsu Realty Corp have?

Rwdsu Realty Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.

What is the primary mission or programmatic activity of Rwdsu Realty Corp, given its 'Realty Corp' designation and unknown NTEE code?

The available IRS 990 data does not specify the organization's NTEE code or detailed mission. The 'Realty Corp' designation suggests activities related to real estate, which could include property management, ownership, or development, potentially in support of a broader union or related entity, but this is not explicitly stated in the provided data.

Why was there a significant revenue spike in 2015 ($24,967,646) compared to other years?

The IRS 990 data alone does not provide a reason for the 2015 revenue spike. This could be due to a one-time asset sale, a large grant, or an unusual income event related to its 'Realty Corp' activities. Further investigation into the full 990 filing for that year would be needed to understand the source of this revenue.

How does Rwdsu Realty Corp manage to operate with 0% officer compensation?

Operating with 0% officer compensation is highly unusual for an organization of this size. It could indicate that executive functions are performed by volunteers, by staff whose compensation is categorized differently (e.g., as program or administrative staff rather than 'officers'), or that the organization is part of a larger entity that covers executive salaries. Without more detailed information from the full 990, the exact mechanism is unclear.

What is the breakdown of expenses into program, administrative, and fundraising categories?

The provided summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.

Filing History

IRS 990 filing history for Rwdsu Realty Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rwdsu Realty Corp's revenue has grown by 223.3%, moving from $526K to $1.7M. Total assets increased by 107.8% over the same period, from $951K to $2.0M. Total functional expenses rose by 113.9%, from $790K to $1.7M. In its most recent filing year (2023), Rwdsu Realty Corp reported a surplus of $11K, with revenue exceeding expenses. The organization holds $21K in liabilities against $2.0M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $2.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.7M $1.7M $2.0M $21K
2022 $1.4M $1.7M $2.0M $17K View 990
2021 $1.5M $1.7M $2.2M $20K View 990
2020 $1.4M $1.5M $2.3M $19K View 990
2019 $1.4M $1.5M $2.4M $5K
2018 $1.4M $1.4M $2.5M $20K View 990
2017 $2.3M $1.5M $2.6M $17K View 990
2016 $1.3M $1.2M $1.8M $3K View 990
2015 $25.0M $839K $3.7M $15K View 990
2014 $535K $867K $686K $3.6M View 990
2013 $530K $791K $745K $3.4M View 990
2012 $565K $793K $815K $3.2M View 990
2011 $526K $790K $951K $3.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $2.0M (revenue +17.4% year-over-year).
  • 2022: Revenue of $1.4M, expenses of $1.7M, and assets of $2.0M (revenue -5.8% year-over-year).
  • 2021: Revenue of $1.5M, expenses of $1.7M, and assets of $2.2M (revenue +8.3% year-over-year).
  • 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $2.3M (revenue +4.7% year-over-year).
  • 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $2.4M (revenue +0.3% year-over-year).
  • 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $2.5M (revenue -41.2% year-over-year).
  • 2017: Revenue of $2.3M, expenses of $1.5M, and assets of $2.6M (revenue +78.6% year-over-year).
  • 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $1.8M (revenue -94.8% year-over-year).
  • 2015: Revenue of $25.0M, expenses of $839K, and assets of $3.7M (revenue +4568.9% year-over-year).
  • 2014: Revenue of $535K, expenses of $867K, and assets of $686K (revenue +0.8% year-over-year).
  • 2013: Revenue of $530K, expenses of $791K, and assets of $745K (revenue -6.1% year-over-year).
  • 2012: Revenue of $565K, expenses of $793K, and assets of $815K (revenue +7.3% year-over-year).
  • 2011: Revenue of $526K, expenses of $790K, and assets of $951K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Rwdsu Realty Corp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Rwdsu Realty Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Explore Related Nonprofits

Browse by State