2917 Glenwood Rd Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112367907 ✦ Brooklyn, NY ✦ Designated as a 501(c)(2)

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Overview

What is 2917 Glenwood Rd Inc?

2917 Glenwood Rd Inc is a building corporation, serving as a nominee for a union, established with the primary purpose of holding title to a specific real estate property situated at 2917 Glenwood Road, Brooklyn, New York. Although its official mission is not explicitly stated, its role appears to be property-related, as it functions as a holding entity for the union. The corporation's activities are limited to this specific real estate property, with no information provided regarding any additional activities or objectives.

Is 2917 Glenwood Rd Inc legitimate?

2917 Glenwood Rd Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 2917 Glenwood Rd 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 2917 Glenwood Rd Inc?

2) The mission of 2917 Glenwood Rd Inc, as a building corporation, is primarily to serve as a nominee for a union, holding title to a specific real estate property. This role allows the union to maintain ownership anonymously, potentially for various reasons such as legal or financial benefits. The corporation's main purpose is to manage this property, ensuring its upkeep and maintenance, while acting as a legal representative of the union. This structure may provide the union with additional protections and benefits, ultimately serving its interests effectively.

Who is the CEO of 2917 Glenwood Rd Inc?

Kenneth Purdy is the President of 2917 Glenwood Rd Inc.

What is the revenue of 2917 Glenwood Rd Inc?

2917 Glenwood Rd Inc's revenue in 2022 was $70,200.

Who are the executives of 2917 Glenwood Rd Inc and what are their salaries?


Here are 3 key members and their salaries:


Kenneth Purdy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terence K Ryan (Rec Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith A Silano (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 2917 Glenwood Rd Inc?

2917 Glenwood Rd Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 2917 Glenwood Rd Inc

2917 Glenwood Rd Inc, as a building corporation, was established with a specific purpose. Serving as a nominee for a union, its primary role is to hold the title to a particular piece of real estate located at 2917 Glenwood Road, Brooklyn, New York. While the information provided does not specify the corporation's broader mission or objectives, it can be inferred that its primary function is to manage and maintain the property on behalf of the union. This could potentially include activities such as property management, tenant relations, and overseeing any necessary repairs or renovations. However, without further information, the exact nature of its activities beyond property management remains unclear.

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Impact




October, 2024

2917 Glenwood Rd Inc significantly contributes to community vitality by serving as a cornerstone for local development and improvement in Brooklyn, New York. By holding title to the real estate at 2917 Glenwood Road, the organization plays a pivotal role in managing and maintaining the property, which can enhance the neighborhood's physical landscape and foster a sense of community pride.

The building corporation's presence helps facilitate initiatives that can lead to better housing options and improved communal spaces, ultimately benefiting residents and visitors alike. Additionally, as a nominee of the union, it strengthens labor-community ties, promoting collaboration on various projects that support local engagement and empowerment. This holistic approach to community improvement is essential for nurturing a thriving environment where residents can flourish.




This information is meant to be a general summary of 2917 Glenwood Rd 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.

Revenue
$70,200 (2022)
Expenses
$64,102 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $70,200

Assets and Liabilities:

  • Total Assets: $28,166
  • Total Liabilities: $2,450
  • Net Assets: $25,716

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Organization Details

Principal Officer

Kenneth Purdy

Main Address

2917 GLENWOOD RD, BROOKLYN, NY, 11210

NTEE Category

Code: S47 - Community improvement

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