RWDSU REALTY CORP (EIN 132981499) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

STUART APPELBAUM

Phone

2126845300

Tax Period

2023-01-01 to 2023-12-31

RWDSU REALTY CORP, founded in 1978, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

THE COMPANY OWNS A CONDOMINIUM AND LEASES REAL PROPERTY IN NEW YORK CITY IN WHICH THE RETAIL WHOLESALE AND DEPARTMENT STORE UNION, OWNER OF THE COMPANY, LEASES AND OCCUPIES PART OF THE PREMISES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,639,064

Investment Income $0

Other Revenue $61,953

TOTAL REVENUE $1,701,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,690,025

TOTAL EXPENSES $1,690,025

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,701,017	$1,449,331	+0.2%
Expenses	$1,690,025	$1,685,528	+0.0%
Net Income	$10,992	$-236,197	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$779,619

Total Directors

$779,619

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STUART APPELBAUM	PRESIDENT	5.00	Officer Director	$0	$75,021	$397,782
ROBERT LAYNG	SECRETARY/TREASURER	5.00	Officer Director	$0	$73,661	$381,837

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	No data	No data	No data	No data
2023	$1,701,017	$1,690,025	$1,977,095	$10,992
2022	$1,449,331	$1,685,528	$1,962,105	$-236,197
2021	$1,538,284	$1,651,214	$2,201,362	$-112,930
2020	$1,419,907	$1,534,508	$2,313,866	$-114,601
2019	$1,356,734	$1,463,348	$2,414,570	$-106,614
2019	$1,356,734	$1,463,348	$2,414,570	$-106,614
2018	$1,353,155	$1,437,285	$2,535,408	$-84,130

RWDSU REALTY CORP