Overview
What is Fuller Road Management Corporation?
Fuller Road Management Corporation is a nonprofit organization situated in Albany, New York, primarily focused on acquiring, holding, and managing real estate properties. The corporation's purpose is to purchase, improve, and develop land, buildings, and other real estate enhancements that foster research, education, and economic growth. By holding the title to these properties and collecting rental income, Fuller Road Management Corporation contributes to the betterment of these essential sectors.
Official website here: www.frmc.us
Is Fuller Road Management Corporation legitimate?
Fuller Road Management Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. Fuller Road Management Corporation 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
For more financial information, click here
Official website here: www.frmc.us
What is the mission statement of Fuller Road Management Corporation?
The Fuller Road Management Corporation was established with the primary objective of holding property titles and generating income. Its mission extends beyond this, as it aims to purchase, acquire, own, and develop lands, buildings, and other property improvements. The ultimate goal is to create facilities that foster research, education, and economic development. The corporation's activities are geared towards promoting growth in these crucial sectors, thereby contributing to societal progress.
Official website here: www.frmc.us
What is the revenue of Fuller Road Management Corporation?
Fuller Road Management Corporation's revenue in 2024 was $45,778,524.
Official website here: www.frmc.us
Who are the executives of Fuller Road Management Corporation and what are their salaries?
There 9 volunteers at Fuller Road Management Corporation.
Here are 20 key members and their salaries:
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- Compensation: $215,144
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- Compensation: $162,304
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- Other: $39,361
- Compensation: $240,887
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- Other: $132,921
- Compensation: $153,676
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- Other: $150
Official website here: www.frmc.us
Where can I find the form 990 for Fuller Road Management Corporation?
Fuller Road Management Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.frmc.us
Learn more at the official website: www.frmc.us
Mission Statement of Fuller Road Management Corporation
Fuller Road Management Corporation, as established, is dedicated to serving a unique purpose. Its primary objectives involve purchasing, acquiring, owning, holding, improving, and developing various lands, buildings, and real property enhancements. The corporation's mission is to establish facilities that foster research, education, and economic development. By doing so, Fuller Road Management Corporation plays a significant role in promoting advancements in these critical areas. These facilities, managed by the corporation, aim to make meaningful contributions to society by promoting knowledge and economic growth.
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Impact
October, 2024
Fuller Road Management Corporation plays a pivotal role in enhancing the economic landscape and fostering community improvement in Albany, NY. By acquiring, developing, and managing properties, it creates essential facilities that support research and educational initiatives. This development not only contributes to the local economy through improved infrastructure but also attracts businesses and organizations that further bolster research and innovation.
The corporation’s activities lead to the creation of spaces that facilitate collaboration and growth, ultimately benefiting both the local community and the broader region. By holding the title to valuable real estate and generating income through rental agreements, Fuller Road Management Corporation reinvests in properties that enhance the quality of life and promote sustainable economic development. Its impact is evident in the support it provides to educational institutions and research entities, making it a cornerstone of Albany's economic and community development efforts.
This information is meant to be a general summary of Fuller Road Management Corporation. 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 2024.
- Investment Income: $372,692
- Gross Receipts: $110,855,034
Assets and Liabilities:
- Total Assets: $555,735,538
- Total Liabilities: $299,920,617
- Net Assets: $255,814,921
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Organization Details
Founding Year
1993
Principal Officer
David Anderson
Website
www.frmc.usNTEE Category
Code: S47 - Community improvement
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