REALTY ADVISORY BOARD ON LABOR RELATIONS INC

EIN: 131201745

NEW YORK, NY

Total Revenue
$9,738,514
Total Expenses
$6,390,216
Total Assets
$34,316,061
Net Assets
$29,222,554
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
NY
Principal Officer
HOWARD ROTHSCHILD
Phone
2128894100
Tax Period
2023-09-01 to 2024-08-31

REALTY ADVISORY BOARD ON LABOR RELATIONS INC, founded in 1934, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.3M, a strong 34% operating margin.

Mission

LABOR AND MANAGEMENT AGREEMENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,564,374
Investment Income $1,687,999
Other Revenue $-513,859
TOTAL REVENUE $9,738,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,455,683
Fundraising Expenses $0
Other Expenses $1,934,533
TOTAL EXPENSES $6,390,216

Year-over-Year Comparison

2023 2022 Change
Revenue $9,738,514 $7,194,641 +0.4%
Expenses $6,390,216 $4,996,655 +0.3%
Net Income $3,348,298 $2,197,986 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
37
Independent Members
37
Employees
17
Volunteers
37

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,594,614
Total Directors
46
$5,700
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT MAYAS DIRECTOR (OUTGOING) 0.25
Director
$100 $0 $100
ANDREW COOKE DIRECTOR 0.25
Director
$100 $0 $100
ANDREW HOFFMAN RESIDENTIAL VICE PRESIDENT 0.25
Officer Director
$100 $0 $100
ANDREW LEIGHT DIRECTOR 0.25
Director
$0 $0 $0
ASHER BERNSTEIN DIRECTOR 0.25
Director
$200 $0 $200
BRIAN FLAHERTY DIRECTOR 0.25
Director
$200 $0 $200
BRIAN MCCARTHY DIRECTOR (OUTGOING) 0.25
Director
$0 $0 $0
CASSIE KULZER DIRECTOR 0.25
Director
$200 $0 $200
DAN WURTZEL DIRECTOR 0.25
Director
$100 $0 $100
DANIEL KINDBERGH DIRECTOR (OUTGOING) 0.25
Director
$100 $0 $100
EDWARD V PICCINICH DIRECTOR 0.25
Director
$0 $0 $0
ELLIE SHEINWALD DIRECTOR (OUTGOING) 0.25
Director
$0 $0 $0
ERIC RUDIN VICE PRESIDENT (OUTGOING) 0.25
Officer Director
$0 $0 $0
GASTON SILVA SECRETARY 0.25
Officer Director
$0 $0 $0
GERALD SCHUMM DIRECTOR 0.25
Director
$0 $0 $0
GREG CARLSON DIRECTOR (OUTGOING) 0.25
Director
$0 $0 $0
JAMES MILLER DIRECTOR 0.25
Director
$300 $0 $300
JEFFREY BRODSKY TREASURER 0.25
Officer Director
$300 $0 $300
JOHN MONGELLO DIRECTOR 0.25
Director
$300 $0 $300
JOHN PIERCE DIRECTOR (OUTGOING) 0.25
Director
$0 $0 $0
JOHN SANTORA CHAIRMAN 0.25
Officer Director
$100 $0 $100
JONATHAN RESNICK VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
JOSHUA LONDON DIRECTOR 0.25
Director
$100 $0 $100
KATE HEMMERDINGER-GOODMAN DIRECTOR 0.25
Director
$200 $0 $200
LAURIE ZUCKER DIRECTOR 0.25
Director
$200 $0 $200
LENNY SCIASCIA DIRECTOR 0.25
Director
$0 $0 $0
LISA LEIB DIRECTOR 0.25
Director
$0 $0 $0
MARIO GAZTAMBIDE DIRECTOR 0.25
Director
$100 $0 $100
MARISA GADLIN DIRECTOR 0.25
Director
$100 $0 $100
MARY ANN ROTHMAN DIRECTOR 0.25
Director
$300 $0 $300
MATTHEW DUTHIE DIRECTOR 0.25
Director
$200 $0 $200
MAX FREEDMAN DIRECTOR 0.25
Director
$200 $0 $200
MELISSA CAFIERO DIRECTOR 0.25
Director
$200 $0 $200
MICHAEL PRUNTY DIRECTOR 0.25
Director
$200 $0 $200
MICHAEL ROGOFF DIRECTOR (OUTGOING) 0.25
Director
$0 $0 $0
MICHAEL WOLFE DIRECTOR (OUTGOING) 0.25
Director
$200 $0 $200
MITCHELL BARRY DIRECTOR 0.25
Director
$200 $0 $200
MITCHELL GELBERG DIRECTOR 0.25
Director
$300 $0 $300
NEIL DAVIDOWITZ DIRECTOR 0.25
Director
$300 $0 $300
RICHARD MASON DIRECTOR 0.25
Director
$200 $0 $200
RITA C CHU DIRECTOR 0.25
Director
$300 $0 $300
STEPHEN BRENNAN DIRECTOR 0.25
Director
$100 $0 $100
THOMAS HILL DIRECTOR 0.25
Director
$0 $0 $0
THOMAS LLOYD DIRECTOR 0.25
Director
$100 $0 $100
THOMAS WALSH DIRECTOR 0.25
Director
$0 $0 $0
WILLIAM DACUNTO DIRECTOR 0.25
Director
$100 $0 $100
HOWARD ROTHSCHILD PRESIDENT 40.00
Officer
$943,133 $167,226 $1,110,359
ROBERT SCHWARTZ EXECUTIVE VICE PRESIDENT 40.00
Officer
$411,119 $72,636 $483,755
ABIGAIL SOLE MANAGER/EXECUTIVE ASSISTANT 40.00
Highest
$145,005 $18,259 $163,264
ALYCHIA BUCHAN ATTORNEY 40.00
Highest
$202,850 $38,383 $241,233
HARRY WEINBERG ATTORNEY 40.00
Highest
$274,875 $38,072 $312,947
MICHAEL RIVITUSO ATTORNEY 40.00
Highest
$231,497 $44,071 $275,568
NYDIA ESTEVEZ OFFICE MANAGER/EXEC. ADMIN. 40.00
Highest
$127,267 $33,858 $161,125
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $9,738,514 $6,390,216 $34,316,061 $3,348,298
2023 $7,194,641 $4,996,655 $30,759,256 $2,197,986
2022 $7,566,585 $5,868,599 $24,967,632 $1,697,986
2021 $8,236,641 $5,218,316 $24,561,185 $3,018,325
2020 $7,144,481 $5,892,406 $20,983,654 $1,252,075
2019 $6,860,468 $4,542,196 $18,878,092 $2,318,272
2018 $6,811,379 $4,544,455 $16,589,741 $2,266,924
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