Overview
What is Worc Realty Corp?
Worc Realty Corp is a nonprofit organization situated in Oakdale, New York. Primarily, it holds the title to a piece of land that serves as the location for its members' individually owned summer cottages, totalling 283 in number. The organization is responsible for maintaining and improving the facilities on this land. Furthermore, it collects and remits real estate taxes on behalf of its members, ensuring they remain compliant with local property-related regulations. With a team of five dedicated individuals, Worc Realty Corp plays a crucial role in enhancing the summer living experience for its members.
Official website here: www.campworc.com
Is Worc Realty Corp legitimate?
Worc Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Worc Realty Corp 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: $3,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,235
For more financial information, click here
Official website here: www.campworc.com
What is the mission statement of Worc Realty Corp?
Worc Realty Corp serves as the landholder for a tract of land, which hosts 283 individually owned summer cottages. The organization's primary role involves maintaining and improving the facilities on this property. Additionally, it is responsible for collecting and remitting real estate taxes on behalf of the property's summer cottage owners. Essentially, Worc Realty Corp facilitates the smooth operation and upkeep of this summer cottage community.
Official website here: www.campworc.com
What is the revenue of Worc Realty Corp?
Worc Realty Corp's revenue in 2024 was $1,021,835.
Official website here: www.campworc.com
Who are the executives of Worc Realty Corp and what are their salaries?
The average compensation at Worc Realty Corp during 2024 was $4,368. There are 2 employees and 4 volunteers at Worc Realty Corp.
Here are 9 key members and their salaries:
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.campworc.com
Where can I find the form 990 for Worc Realty Corp?
Worc Realty Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.campworc.com
Learn more at the official website: www.campworc.com
Mission Statement of Worc Realty Corp
Worc Realty Corp, as a nonprofit organization, holds the title to a piece of land that serves as the site for its members' individually owned summer cottages. Its primary responsibility lies in maintaining and improving the facilities on this property. Furthermore, the organization plays a crucial role in managing the real estate taxes for its members, ensuring the timely payment and remittance of these taxes on their behalf. In essence, Worc Realty Corp acts as a collective body, taking care of the administrative and financial aspects of the summer cottage community, thereby allowing its members to focus on enjoying their vacation homes.
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Impact
October, 2024
Worc Realty Corp plays a significant role in enhancing community living in Oakdale, NY, by managing the land on which 283 individually owned summer cottages are situated. By overseeing maintenance and making improvements to the shared facilities, Worc Realty Corp ensures that members can enjoy a well-kept environment for their seasonal retreats. This not only enhances the aesthetic appeal of the area but also fosters a sense of community among the members. Additionally, the organization takes on the responsibility of collecting and remitting real estate taxes, which simplifies financial obligations for the cottage owners and contributes to the overall upkeep of the community. Through these efforts, Worc Realty Corp enhances the quality of life for its members and promotes a thriving community atmosphere.
This information is meant to be a general summary of Worc Realty Corp. 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 2024.
- Investment Income: $24,611
- Program Service Revenue: $997,224
- Gross Receipts: $1,021,835
Assets and Liabilities:
- Total Assets: $5,360,403
- Total Liabilities: $0
- Net Assets: $5,360,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$997,224
Organization Details
Founding Year
1950
Principal Officer
Paul Pedretti
Website
www.campworc.comNTEE Category
Code: S47 - Community improvement
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