Overview
What is Mercond Inc?
Mercond Inc. serves as a title holding corporation for nonprofit organizations in the real estate sector. Headquartered in Boston, Massachusetts, the organization is led by Gary W. Nicksa. Mercond's primary role is to provide a necessary service for exempt organizations operating within the real estate industry, demonstrating a unique niche in the nonprofit sector. While the specific activities or mission of Mercond Inc. are not explicitly stated in the provided information, it can be inferred that they support these exempt organizations in their real estate endeavors.
Is Mercond Inc legitimate?
Mercond Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Mercond Inc submitted a form 990EZ, 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.
What is the mission statement of Mercond Inc?
Mercond Inc serves as a title holding corporation for exempt organizations within the real estate sector. Its primary function is to provide a framework for these organizations, with the operations being overseen by an unspecified leadership team. The organization's mission, however, is not explicitly stated in the provided information. Therefore, it remains unavailable to summarize at this time.
Who is the CEO of Mercond Inc?
Derek A Howe is the President of Mercond Inc.
What is the revenue of Mercond Inc?
Mercond Inc's revenue in 2022 was $0.
Who are the executives of Mercond Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Mercond Inc?
Mercond Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Mercond Inc
Mercond Inc, as a title holding corporation, plays a unique role in the real estate industry, specifically for exempt organizations. The organization is led by Gary W. Nicksa, who oversees its operations. While the mission statement for Mercond Inc is not explicitly provided, it can be inferred that their primary function is to provide title holding services for these exempt organizations in the real estate sector. This role likely involves managing and safeguarding property titles for these organizations, ensuring their legal rights and interests are protected. However, without further information, the specifics of Mercond Inc's mission and the services they provide beyond title holding remain unclear.
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Impact
October, 2024
Mercond Inc plays a vital role in the real estate industry by serving as a title holding corporation for exempt organizations. Based in Boston, MA, the organization facilitates the ownership and management of real estate assets, enabling these organizations to focus on their missions without the complexities of property management.
Under the leadership of Gary W. Nicksa, Mercond Inc contributes to community improvement by supporting organizations that operate within the real estate sector. This support helps ensure that these organizations can effectively utilize their resources to enhance their impact in the community, whether through affordable housing initiatives, community development projects, or other real estate-related missions. By streamlining the process of property acquisition and management, Mercond Inc enables these organizations to pursue their goals more efficiently, ultimately leading to a more robust and engaged community.
This information is meant to be a general summary of Mercond Inc. 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 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Principal Officer
Derek A Howe
Main Address
881 COMMONWEALTH AVE 4TH FLOOR, BOSTON, MA, 022151303
NTEE Category
Code: S47 - Community improvement
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