Overview
What is Bac Building Corporation?
Bac Building Corporation, situated in Albany, New York, is a real estate organization with a primary focus on leasing office space. This company is committed to serving the needs of businesses seeking office space, providing them with suitable accommodations to conduct their operations effectively. While not a nonprofit organization like the examples provided, it contributes to the city's commercial landscape by facilitating the leasing of office spaces.
Is Bac Building Corporation legitimate?
Bac Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bac Building 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
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What is the mission statement of Bac Building Corporation?
Bac Building Corporation, as a real estate organization, is dedicated to leasing office space. Its primary objective is to facilitate the provision of office spaces to businesses or individuals in need. The organization operates with the aim of meeting the demand for office space, thereby contributing to the productivity and growth of various businesses. By leasing office spaces, Bac Building Corporation plays a crucial role in the business ecosystem, providing a conducive environment for businesses to operate and thrive.
In essence, Bac Building Corporation's mission revolves around the lease of office spaces, contributing to the success of businesses by providing them with suitable workspaces. The organization's activities are centered around this objective, ensuring that businesses have access to the necessary office spaces to carry out their operations effectively.
Who is the CEO of Bac Building Corporation?
Pasquale Tirino is the President of Bac Building Corporation.
What is the revenue of Bac Building Corporation?
Bac Building Corporation's revenue in 2023 was $163,579.
Who are the executives of Bac Building Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $107,360
- Other: $46,958
- Compensation: $0
- Related: $103,395
- Other: $46,958
- Compensation: $0
- Related: $96,226
- Other: $46,958
- Compensation: $0
- Related: $105,628
- Other: $46,958
- Compensation: $0
- Related: $87,635
- Other: $46,958
Where can I find the form 990 for Bac Building Corporation?
Bac Building Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bac Building Corporation
Bac Building Corporation, a distinguished real estate organization, is dedicated to its mission of leasing office space. This mission involves facilitating the availability of office spaces, catering to the needs of various businesses and organizations. By leasing office space, Bac Building Corporation plays a significant role in the business community, providing essential workspace solutions. This mission allows businesses to focus on their core operations while having a reliable and suitable workspace to conduct their activities. Bac Building Corporation's commitment to leasing office space demonstrates its dedication to supporting the growth and development of various businesses.
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Impact
October, 2024
Bac Building Corporation significantly contributes to the community by providing essential office space for various organizations and businesses in Albany, NY. By leasing office space, it supports local economic growth and development, enabling businesses to establish and expand their operations. This helps create job opportunities and fosters a vibrant business environment in the area.
Additionally, Bac Building Corporation plays a role in community improvement through its real estate activities, ensuring that the available office space meets the needs of modern businesses while enhancing the overall aesthetic and functionality of Albany’s commercial landscape. This commitment to leasing quality office space not only benefits individual tenants but also supports the broader economic and social fabric of the community.
This information is meant to be a general summary of Bac Building 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 2023.
- Program Service Revenue: $163,579
- Gross Receipts: $163,579
Assets and Liabilities:
- Total Assets: $933,912
- Total Liabilities: $1,351,647
- Net Assets: -$417,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$163,579
Organization Details
Founding Year
1996
Phone
(518) 456-5477Principal Officer
Pasquale Tirino
Main Address
302 CENTRE DRIVE, ALBANY, NY, 12203
NTEE Category
Code: S47 - Community improvement
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