Overview
What is Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp is a Pension Benefit Organization, headquartered in New York, NY. Its primary function involves managing and holding the title to various properties, serving as a beneficial entity for the New York State Teachers' Retirement System (NYSTRS). The organization plays a significant role in managing real estate resources, ensuring financial security and returns for the NYSTRS pension fund.
Is Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp legitimate?
Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate 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.
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What is the mission statement of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxviii, under the oversight of Sentinel Real Estate Corp, functions as a Pension Benefit Organization. Its primary role is to manage and hold the title to various properties on behalf of a pension benefit organization. The organization's purpose is to ensure the financial well-being of its associated pension beneficiaries by managing their property investments effectively. While the mission statement is not explicitly provided, it can be inferred that the organization's aim is to maximize returns and secure the financial future of its pension beneficiaries through strategic property management. However, as the information provided is limited, further details about the organization's specific objectives or strategies are not available.
Who is the CEO of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp?
Michael Streicker is the President of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp.
What is the revenue of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp's revenue in 2022 was $5,298,292.
Who are the executives of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp
Knickerbocker Properties Inc Xxxviii, acting as a Pension Benefit Organization, plays a crucial role in managing several properties on behalf of the NYSTRS pension benefit organization. The primary mission of this organization is to serve as a custodian of these properties, ensuring they are held in trust for the benefit of the pension fund. By doing so, Knickerbocker Properties Inc Xxxviii contributes to the financial security of its beneficiaries, who rely on their pension benefits. This role is vital in maintaining the financial stability and growth of the pension fund, ultimately securing the future income of its members.
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Impact
October, 2024
Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate Corp plays a significant role in the realm of pension benefits by serving as a steward of properties that support the New York State Teachers Retirement System (NYSTRS). By holding the title to these assets, it ensures the financial health and sustainability of pension benefits for educators in New York.
The organization contributes to community improvement by managing real estate that may facilitate economic stability and growth in the regions where these properties are located. Its operations not only help secure the pensions of thousands of educators but also contribute to the local economy through property maintenance, potential job creation, and fostering a sense of community through engaged stewardship.
Overall, Knickerbocker Properties Inc Xxxviii supports the long-term financial interests of NYSTRS while positively impacting the surrounding communities in New York.
This information is meant to be a general summary of Knickerbocker Properties Inc Xxxviii C/O Sentinel Real Estate 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 2022.
- Gross Receipts: $10,679,150
Assets and Liabilities:
- Total Assets: $157,403,490
- Total Liabilities: $57,375,216
- Net Assets: $100,028,274
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Organization Details
Founding Year
2001
Phone
(212) 408-5007Principal Officer
Michael Streicker
Main Address
1251 AVE OF THE AMERICAS 35TH FL, NEW YORK, NY, 10020
NTEE Category
Code: S47 - Community improvement
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