Overview
What is Pef Land Holding Corporation?
The Pef Land Holding Corporation serves as a title holder for a piece of land and an office building belonging to the New York State Public Employees Federation (PEF), situated in Latham, New York. This organization, being a related tax-exempt entity, was established to safeguard the property rights of the PEF, ensuring its continued use for the benefit of its members. Although the corporation's primary role is property-related, it plays an essential role in supporting the operations of the PEF.
Is Pef Land Holding Corporation legitimate?
Pef Land Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Pef Land Holding 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 Pef Land Holding Corporation?
The Pef Land Holding Corporation was established with a primary purpose. Its mission is to safeguard the ownership of the land and office building that belongs to the New York State Public Employees Federation (PEF). This corporation serves as a related tax-exempt organization, ensuring the secure tenure of the property used by PEF. By fulfilling this role, the Pef Land Holding Corporation plays a crucial part in supporting the operations of PEF. Despite not having a traditional mission statement focusing on social or community impact, its role in property management is significant.
Who is the CEO of Pef Land Holding Corporation?
Wayne Spence is the President of Pef Land Holding Corporation.
What is the revenue of Pef Land Holding Corporation?
Pef Land Holding Corporation's revenue in 2023 was $137,680.
Who are the executives of Pef Land Holding Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $107,210
- Other: $19,857
- Compensation: $0
- Related: $50,432
- Other: $9,101
- Compensation: $0
- Related: $17,874
- Other: $1,959
- Compensation: $0
- Related: $30,837
- Other: $4,961
- Compensation: $0
- Related: $47,009
- Other: $7,561
Where can I find the form 990 for Pef Land Holding Corporation?
Pef Land Holding Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pef Land Holding Corporation
Pef Land Holding Corporation, as a nonprofit organization, was established with a specific purpose. Its mission involves holding the title to the land and office building for the New York State Public Employees Federation (PEF), a related tax-exempt organization. This corporation serves as a custodian, ensuring the secure ownership of the property that houses PEF's operations. By performing this role, Pef Land Holding Corporation contributes to the ongoing operations and success of PEF, ultimately benefiting the public employees it serves.
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Impact
October, 2024
Pef Land Holding Corporation plays a crucial role in supporting the operations of the New York State Public Employees Federation (PEF) by managing the ownership of its land and office building located in Latham, NY. By holding the title to these assets, the corporation ensures that PEF has a stable and dedicated space from which to conduct its activities. This foundational support contributes to the overall mission of PEF, which aims to advocate for public employees and improve community services. Additionally, the presence of the office building facilitates community engagement and hosts events that foster collaboration among public employees and their advocates. The corporation’s activities ultimately strengthen the framework for public service in New York, promoting improvements in working conditions and enhancing the welfare of the community.
This information is meant to be a general summary of Pef Land Holding 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: $137,680
- Gross Receipts: $137,680
Assets and Liabilities:
- Total Assets: $166,735
- Total Liabilities: $0
- Net Assets: $166,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$137,680
Organization Details
Founding Year
1998
Phone
(518) 785-1900Principal Officer
Wayne Spence
Main Address
PO BOX 12414, ALBANY, NY, 12212
NTEE Category
Code: S47 - Community improvement
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