Overview
What is Seafarers Building Corporation?
Seafarers Building Corporation is a nonprofit organization based in Camp Springs, Maryland, with a single employee. Their primary mission is to provide and operate facilities for parent-exempt organizations, translating to owning and managing real estate for tax-exempt organizations. Despite the limited information provided, it's clear that Seafarers Building Corporation plays a crucial role in supporting the operational needs of various tax-exempt organizations, contributing to their overall success.
Is Seafarers Building Corporation legitimate?
Seafarers Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Seafarers Building Corporation 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:
Executive Compensation: $123,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Seafarers Building Corporation?
Seafarers Building Corporation's primary mission is to manage and operate real estate for tax-exempt organizations. This corporation serves as a provider and operator of facilities, ensuring these organizations have suitable spaces for their operations. By doing so, Seafarers Building Corporation contributes to the smooth functioning of various tax-exempt organizations, enabling them to focus on their respective missions.
Who is the CEO of Seafarers Building Corporation?
Augustin Tellez is the President of Seafarers Building Corporation.
What is the revenue of Seafarers Building Corporation?
Seafarers Building Corporation's revenue in 2022 was $753,037.
Who are the executives of Seafarers Building Corporation and what are their salaries?
The average compensation at Seafarers Building Corporation during 2022 was $123,953. There is 1 employee at Seafarers Building Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $242,028
- Other: $28,000
- Compensation: $88,400
- Related: $173,961
- Other: $28,000
- Compensation: $0
- Related: $161,165
- Other: $86,266
Where can I find the form 990 for Seafarers Building Corporation?
Seafarers Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seafarers Building Corporation
Seafarers Building Corporation, as its name suggests, is a corporation dedicated to owning and operating real estate for tax-exempt organizations. Its primary mission is to provide and operate facilities for these nonprofit entities, offering them a suitable environment to carry out their charitable objectives. By owning and managing real estate for tax-exempt organizations, Seafarers Building Corporation plays a crucial role in supporting the nonprofit sector, enabling these organizations to focus on their respective missions without the burden of property management.
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Impact
October, 2024
Seafarers Building Corporation plays a crucial role in improving community infrastructure by owning and operating real estate that supports tax-exempt organizations. Based in Camp Springs, MD, the corporation provides vital facilities that enable various initiatives and programs aimed at enhancing community welfare. By managing spaces specifically designed for nonprofit activities, Seafarers Building Corporation not only ensures sustainable operations for these organizations but also fosters a sense of community and collaboration. The impact of their work extends to better access to resources, increased community engagement, and the promotion of services that benefit local residents, ultimately contributing to overall community improvement.
This information is meant to be a general summary of Seafarers Building Corporation. 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.
- Program Service Revenue: $753,037
- Gross Receipts: $753,037
Assets and Liabilities:
- Total Assets: $6,213,192
- Total Liabilities: $2,158,185
- Net Assets: $4,055,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$753,037
Organization Details
Founding Year
1971
Phone
(301) 899-0675Principal Officer
Augustin Tellez
Main Address
5201 CAPITAL GATEWAY DRIVE, CAMP SPRINGS, MD, 207464447
NTEE Category
Code: S47 - Community improvement
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