Nansen Properties Inc

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

EIN: 136162749 ✦ Staten island, NY ✦ Designated as a 501(c)(2)

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Overview

What is Nansen Properties Inc?

Nansen Properties Inc is a company situated in Staten Island, New York, providing managed real estate services for a non-profit fraternal organization. Their responsibilities encompass maintaining various expenses associated with the lodge and picnic grounds, including accounting fees, insurance, repairs, real estate, utilities, non-investment depreciation, refuse removal, fire prevention, postage, sewer, and exterminating services. The total expenses incurred by Nansen Properties amount to $224,070. The company's role is essential in ensuring the proper functioning and upkeep of the non-profit organization's facilities.

Is Nansen Properties Inc legitimate?

Nansen Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nansen Properties 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Nansen Properties Inc?

Nansen Properties Inc, as a company, provides managed real estate services for a non-profit fraternal organization. Their primary focus is managing expenses associated with the organization's lodge and picnic grounds, which include accounting fees, insurance, repairs, real estate, utilities, non-investment depreciation, refuse removal, fire prevention, postage, sewer, and exterminating services. The total expenses amount to $224,070. While the information provided does not detail a specific mission statement, it suggests that their role is to effectively manage and maintain the real estate properties for the benefit of the non-profit organization.

What is the revenue of Nansen Properties Inc?

Nansen Properties Inc's revenue in 2023 was $199,315.

Who are the executives of Nansen Properties Inc and what are their salaries?

Here are 5 key members and their salaries:


Harry Kuell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earnest Thorkildsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Eckland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kornbrekke (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula West-Mejia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Nansen Properties Inc?

Nansen Properties Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Nansen Properties Inc

Nansen Properties Inc, as a managed real estate service provider, is dedicated to supporting a Non-For-Profit fraternal organization in Staten Island, NY. The company's primary role involves managing various expenses associated with the organization's lodge and picnic grounds. These expenses encompass a wide range of categories such as accounting fees, insurance, repairs, real estate, utilities, non-investment depreciation, refuse removal, fire prevention, postage, sewer, and exterminating services. In total, Nansen Properties Inc manages a significant financial outlay of $224,070 for these expenses. The company's mission is to ensure the smooth operation and maintenance of the organization's properties, thereby providing an essential service to the Non-For-Profit fraternal organization.

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Impact




October, 2024

Nansen Properties Inc significantly impacts the Staten Island community by providing managed real estate services for a fraternal organization. By overseeing the lodge and picnic grounds, Nansen Properties ensures that these spaces are maintained and available for community gatherings and events. The organization incurs various expenses, totaling $224,070, which includes essential services such as accounting, insurance, repairs, and utilities. These expenditures not only support the upkeep of facilities but also contribute to community improvement by creating safe and welcoming environments for residents to gather and engage in recreational activities. Through its operations, Nansen Properties fosters a sense of community and belonging among its members and local residents.




This information is meant to be a general summary of Nansen Properties 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
$199,315 (2023)
Expenses
$221,548 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $199,315
  • Gross Receipts: $199,315

Assets and Liabilities:

  • Total Assets: $161,643
  • Total Liabilities: $39,000
  • Net Assets: $122,643

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Organization Details

Principal Officer

Harry Kuell

NTEE Category

Code: S47 - Community improvement

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