Overview
What is Drc Charities Property Inc?
Drc Charities Property Inc is a title holding corporation, serving as a trustee for property-related matters. Its primary function involves managing titles and distributing profits to the designated beneficiaries of the corporation. As a title holding entity, Drc Charities Property Inc does not engage in direct charitable activities or provide services to the public, but instead focuses on property management and distribution of benefits to its beneficiaries.
Is Drc Charities Property Inc legitimate?
Drc Charities Property Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Drc Charities Property 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Drc Charities Property Inc?
Drc Charities Property Inc, functioning as a title holding corporation, is primarily focused on distributing its assets to the designated beneficiaries. The organization's main activity revolves around holding titles and subsequently distributing the related proceeds to the appointed beneficiaries. This entity operates without engaging in any direct service or mission-oriented activities, as its primary function is to act as a title holder and distribute the corresponding assets.
Who is the CEO of Drc Charities Property Inc?
Kim Goldstein is the Secretary/Treas of Drc Charities Property Inc.
What is the revenue of Drc Charities Property Inc?
Drc Charities Property Inc's revenue in 2023 was $75,082.
Who are the executives of Drc Charities Property Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Drc Charities Property Inc?
Drc Charities Property Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Drc Charities Property Inc
Drc Charities Property Inc, as a title holding corporation, serves a unique role in distributing its resources to the beneficiaries of the corporation. Its mission is centered around the concept of title holding, with the primary purpose of making distributions to the designated beneficiaries. This organization operates independently, with its activities limited to the management of titles and the subsequent distribution of funds to those who hold the titles. The corporation does not engage in any direct activities or services, but rather functions as a facilitator for the beneficiaries, ensuring they receive the entitled distributions.
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Impact
October, 2024
DRC Charities Property Inc plays a significant role in enhancing community welfare by functioning as a title holding corporation. Its primary purpose is to manage and oversee property titles, ensuring that all distributions made are directed towards the beneficiaries associated with the corporation. This structure not only provides clarity and security in property ownership but also fosters community improvement through responsible management of assets. By effectively administering these properties, DRC Charities Property Inc contributes to the stability and vibrancy of the community in Roslyn, NY, ensuring that resources are allocated in ways that benefit its members.
This information is meant to be a general summary of Drc Charities Property 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 2023.
- Gross Receipts: $75,082
Assets and Liabilities:
- Total Assets: $74,603
- Total Liabilities: $0
- Net Assets: $74,603
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Organization Details
Founding Year
1990
Phone
(516) 220-6047Principal Officer
Kim Goldstein
Main Address
c/o Gates Goldstein 2 Main St 1, Roslyn, NY, 11576
NTEE Category
Code: S47 - Community improvement
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