Overview
What is Eagle Realty Holdings Inc?
Eagle Realty Holdings Inc is a nonprofit organization situated in Stony Brook, New York. Its primary role is to manage commercial and residential properties, earning revenue through fair market rents. The primary objective is to accumulate net proceeds, which are then channeled towards the Ward Melville Heritage Organization Ltd, a charitable entity. This organization utilizes the funds to continue its philanthropic endeavors. Eagle Realty Holdings Inc is responsible for property maintenance and rent collection, ensuring a steady income source for its charitable beneficiary.
Official website here: www.wmho.org
Is Eagle Realty Holdings Inc legitimate?
Eagle Realty Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Eagle Realty Holdings Inc 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.
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Official website here: www.wmho.org
What is the mission statement of Eagle Realty Holdings Inc?
Eagle Realty Holdings Inc. primarily serves as a property holding entity, owning both commercial and residential properties. The organization leases these properties at fair market rates. The primary objective of Eagle Realty Holdings Inc. is to generate net proceeds from these rentals. These proceeds are then distributed to Ward Melville Heritage Organization Ltd., enabling it to continue its charitable activities. The organization is responsible for managing and maintaining its properties, as well as collecting rent. The funds collected contribute to the charitable endeavors of Ward Melville Heritage Organization Ltd.
Official website here: www.wmho.org
Who is the CEO of Eagle Realty Holdings Inc?
Gloria D Rocchio is the Vice Chairman of Eagle Realty Holdings Inc.
Official website here: www.wmho.org
What is the revenue of Eagle Realty Holdings Inc?
Eagle Realty Holdings Inc's revenue in 2022 was $3,638,770.
Official website here: www.wmho.org
Who are the executives of Eagle Realty Holdings Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.wmho.org
Where can I find the form 990 for Eagle Realty Holdings Inc?
Eagle Realty Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wmho.org
Learn more at the official website: www.wmho.org
Mission Statement of Eagle Realty Holdings Inc
Eagle Realty Holdings Inc, a nonprofit organization, holds commercial and residential properties with the primary objective of distributing the net proceeds earned from renting these properties to the Ward Melville Heritage Organization Ltd. This distribution aids in furthering the charitable mission of the latter organization. Eagle Realty Holdings Inc is responsible for managing its properties, ensuring fair market rents are collected, and maintaining these properties in optimal condition. By fulfilling this role, Eagle Realty Holdings Inc provides a steady source of funding for the Ward Melville Heritage Organization Ltd, enabling it to continue its charitable endeavors.
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Impact
October, 2024
Eagle Realty Holdings Inc significantly impacts the local community by strategically managing and holding title to both commercial and residential properties. By renting these properties at fair market rates, the organization not only boosts local economic activity but also generates income that is directly funneled into the Ward Melville Heritage Organization, LTD. This partnership enhances the charitable mission of the Heritage Organization, enabling it to continue and expand its initiatives that benefit the community.
Through diligent property management and rent collection, Eagle Realty Holdings plays a vital role in maintaining the quality and sustainability of the housing and commercial environments in Stony Brook, NY. The net proceeds from its activities help fund various charitable efforts, promoting community improvement and fostering a stronger sense of heritage and culture within the region. In essence, Eagle Realty Holdings serves as a catalyst for positive community development while ensuring that its operations support broader societal goals.
This information is meant to be a general summary of Eagle Realty Holdings 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.
- Investment Income: $1,223,058
- Gross Receipts: $4,753,083
Assets and Liabilities:
- Total Assets: $5,362,438
- Total Liabilities: $592,069
- Net Assets: $4,770,369
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Organization Details
Founding Year
1939
Phone
(631) 751-2244Principal Officer
Gloria D Rocchio
Main Address
PO BOX 572, STONY BROOK, NY, 11790
Website
www.wmho.orgNTEE Category
Code: S47 - Community improvement
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