Overview
What is Bostonview Corporation C/O Boston Society Of The New Jerusalem?
Bostonview Corporation, a subsidiary of the Boston Society of the New Jerusalem, is a corporation primarily established to manage property on behalf of its charitable and religious parent organization. Its main function involves holding title to properties and then distributing the income generated from these properties after deducting expenses, to the church affiliated with the Boston Society of the New Jerusalem. This arrangement allows the church to benefit financially from the properties without directly managing them. The corporation is located at 140 Bowdoin Street, Boston, Massachusetts, 02108.
Is Bostonview Corporation C/O Boston Society Of The New Jerusalem legitimate?
Bostonview Corporation C/O Boston Society Of The New Jerusalem is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bostonview Corporation C/O Boston Society Of The New Jerusalem submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Bostonview Corporation C/O Boston Society Of The New Jerusalem?
Bostonview Corporation C/O Boston Society of the New Jerusalem was established with a specific purpose, serving as a holding entity for property. This corporation, initiated by the charitable religious organization Boston Society of the New Jerusalem, was designed to hold title to property and distribute its rental income, after deducting expenses, to the church associated with the society. Essentially, the mission of Bostonview Corporation is to manage property and distribute the income derived from it, following necessary expenses, to support the religious organization.
What is the revenue of Bostonview Corporation C/O Boston Society Of The New Jerusalem?
Bostonview Corporation C/O Boston Society Of The New Jerusalem's revenue in 2023 was $1,866,167.
Who are the executives of Bostonview Corporation C/O Boston Society Of The New Jerusalem and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Bostonview Corporation C/O Boston Society Of The New Jerusalem?
Bostonview Corporation C/O Boston Society Of The New Jerusalem's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bostonview Corporation C/O Boston Society Of The New Jerusalem
Bostonview Corporation, a corporation affiliated with Boston Society of the New Jerusalem, was established with a specific mission. This mission involves holding title to property on behalf of the charitable religious organization, Boston Society of the New Jerusalem. The primary role of Bostonview Corporation is to generate rental income from these properties. After covering the expenses associated with maintaining these properties, the corporation then remits the remaining income to its parent organization, Boston Society of the New Jerusalem. This financial support helps sustain the operations and activities of the charitable religious corporation.
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Impact
October, 2024
Bostonview Corporation C/O Boston Society Of The New Jerusalem plays a significant role in managing and maintaining property assets for the Boston Society of the New Jerusalem. Its primary function is to hold title to properties, ensuring that the financial transactions related to these assets are managed effectively. This includes remitting rental income after deducting necessary expenses back to the church, thereby providing a steady stream of financial support for its activities and mission.
Through this structure, Bostonview Corporation enhances the sustainability of the church’s operations, enabling it to focus on its charitable and religious objectives without the burden of direct property management. By effectively overseeing the financial aspects of property ownership, the corporation ensures that resources are available for community outreach, educational programs, and other essential services provided by the church.
In summary, Bostonview Corporation serves as a critical facilitator of financial stability and resource allocation for the Boston Society of the New Jerusalem, contributing positively to its mission and the broader community in Boston.
This information is meant to be a general summary of Bostonview Corporation C/O Boston Society Of The New Jerusalem. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $219
- Gross Receipts: $4,436,893
Assets and Liabilities:
- Total Assets: $5,551,236
- Total Liabilities: $351,650
- Net Assets: $5,199,586
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Organization Details
Founding Year
1963
Principal Officer
Patricia Blakeney
NTEE Category
Code: Z99Z - Unknown
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