Overview
What is L&B Ucepp Inc?
L&B Ucepp Inc, a Dallas, Texas-based organization, is set up with the primary objective of acquiring real estate. Its mission is to channel the net income generated from these real estate acquisitions to tax-exempt organizations. Currently, L&B Ucepp is engaged in the process of procuring properties, with the Union Carbide employees' pension plan designated as the beneficiary. The pension plan's tax ID number is 13-6076164. The company's role involves leveraging its resources in real estate to support and contribute to the activities of tax-exempt organizations.
Is L&B Ucepp Inc legitimate?
L&B Ucepp Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. L&B Ucepp 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.
What is the mission statement of L&B Ucepp Inc?
L&B Ucepp Inc is established with the primary objective of acquiring real property. The company then remits the net income derived from these properties to tax-exempt organizations. Currently, L&B Ucepp is engaged in the process of acquiring real estate, with the Union Carbide employees' pension plan serving as the beneficiary. It's important to note that the pension plan's tax ID number is 13-6076164. Although the information does not provide a specific mission statement, it suggests that L&B Ucepp's purpose is to support tax-exempt organizations by investing in real estate and distributing the profits.
Who is the CEO of L&B Ucepp Inc?
Daniel L Plumlee is the President of L&B Ucepp Inc. The CEO's salary of L&B Ucepp Inc is $0 and their total compensation is $0.
What is the revenue of L&B Ucepp Inc?
L&B Ucepp Inc's revenue in 2022 was $0.
Who are the executives of L&B Ucepp Inc and what are their salaries?
Here are 4 key members and their salaries (L&B Ucepp Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990EZ for L&B Ucepp Inc?
L&B Ucepp Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of L&B Ucepp Inc
L&B Ucepp Inc is an organization with a specific mission. Its primary objective is to acquire real estate. However, this acquisition serves a greater purpose. The net income generated from these real estate ventures is then remitted to tax-exempt organizations. At present, L&B Ucepp Inc is engaged in the process of acquiring real estate, with the Union Carbide employees' pension plan as its beneficiary. The tax identification number for this pension plan is 13-6076164. In essence, L&B Ucepp Inc functions as a bridge between real estate investments and tax-exempt organizations, channeling the profits towards these organizations for their benefit.
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Impact
October, 2024
L&B Ucepp Inc significantly contributes to community improvement by acquiring real estate assets and generating net income that supports tax-exempt organizations. Focused on benefiting the union carbide employees' pension plan, the organization plays a pivotal role in enhancing the financial stability of these employees. By strategically investing in real property, L&B Ucepp ensures that the benefits are redirected to community-focused initiatives, fostering economic growth and support for various charitable causes in the Dallas area and beyond. The organization's activities create a positive ripple effect, enhancing the overall well-being of the communities it serves.
This information is meant to be a general summary of L&B Ucepp 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 2022.
Assets and Liabilities:
- Total Assets: $60,571
- Total Liabilities: $674,573
- Net Assets: -$614,002
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Organization Details
Phone
(214) 989-0800Principal Officer
Daniel L Plumlee
Main Address
5910 N CENTRAL EXPRESSWAY 1200, DALLAS, TX, 75206
NTEE Category
Code: S47 - Community improvement
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