Overview
What is Corporation 67?
Corporation 67 is a nonprofit entity, specifically referred to as "Corporation 67" in the provided information. Its primary purpose is to serve as a title holder for property, acting on behalf of Providence Council #67, an organization associated with the Order of United Commercial Travelers of America. This role allows Corporation 67 to manage and safeguard the property's ownership for the benefit of its associated nonprofit, Providence Council #67. The information does not provide details about the nature or type of property held by Corporation 67.
Is Corporation 67 legitimate?
Corporation 67 is a legitimate nonprofit organization registered as a 501(c)(2) entity. Corporation 67 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Corporation 67?
Corporation 67's mission is primarily centered around holding title to property on behalf of Providence Council #67, an entity affiliated with the Order of United Commercial Travelers of America. This role serves to manage the property-related affairs for this council, ensuring its assets are managed effectively and efficiently. The organization's activities are primarily focused on generating investment earnings and making necessary transfers to a tax-exempt parent entity.
Who is the CEO of Corporation 67?
Sandra Lobello is the President/Director of Corporation 67.
What is the revenue of Corporation 67?
Corporation 67's revenue in 2022 was $40,517.
Who are the executives of Corporation 67 and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Corporation 67?
Corporation 67's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corporation 67
Corporation 67, as outlined in the provided information, is a non-profit organization with a distinct mission. Its primary role is to serve as a title holder for property on behalf of Providence Council #67, a chapter of the Order of United Commercial Travelers of America. This mission is crucial in ensuring the legal ownership and management of properties associated with the council, thereby supporting their operations and activities. The organization's main objective is to generate investment earnings and facilitate the transfer of these earnings to its tax-exempt parent organization. This role is essential in maintaining the financial stability and growth of the parent organization, thereby supporting its mission and objectives. In essence, Corporation 67 plays a vital role in the financial management of Providence Council #67, ensuring the smooth operation of its properties and the generation of funds for its tax-exempt parent organization.
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Impact
October, 2024
Corporation 67 plays a significant role in managing assets and facilitating investments for the Providence Council #67 of the Order of United Commercial Travelers of America. By holding title to property, it safeguards and enhances the financial capacity of the council, ensuring that resources are effectively allocated to support the council's mission and activities.
The organization focuses on generating investment earnings, which are crucial in funding community initiatives and supporting the overall mission of the council. Through systematic transfers to its tax-exempt parent organization, Corporation 67 helps maintain a stable financial framework, allowing for a sustainable operation that prioritizes mutual benefit for its members and the greater community in Johnston, Rhode Island.
Overall, Corporation 67’s impact is largely defined by its financial stewardship, which amplifies the capacity of the Providence Council to engage in meaningful community service and support its member travelers.
This information is meant to be a general summary of Corporation 67. 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.
- Investment Income: $40,517
- Gross Receipts: $90,517
Assets and Liabilities:
- Total Assets: $1,348,631
- Total Liabilities: $0
- Net Assets: $1,348,631
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Organization Details
Founding Year
1991
Phone
(401) 946-0067Principal Officer
Sandra Lobello
Main Address
26 CAVALCADE BLVD PO BOX 19549, JOHNSTON, RI, 029190549
NTEE Category
Code: Y40 - Mutual benefit
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