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4875 Hunter Avenue Investment Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202201042 ✦ Juneau, AK ✦ Designated as a 501(c)(25)

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Overview

What is 4875 Hunter Avenue Investment Group Inc?

4875 Hunter Avenue Investment Group Inc is a Title Holding Company situated in El Segundo, California. Their primary role is to manage and preserve real estate properties. This organization collects income derived from these properties and channels it to the benefit of the Alaska Permanent Fund Corporation. As a Title Holding Company, their mission is to safeguard property rights and ensure a steady income stream for their designated beneficiary.

Is 4875 Hunter Avenue Investment Group Inc legitimate?

4875 Hunter Avenue Investment Group Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. 4875 Hunter Avenue Investment Group 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

For more financial information, click here

What is the mission statement of 4875 Hunter Avenue Investment Group Inc?

4875 Hunter Avenue Investment Group Inc serves as a Title Holding Company, its primary function being to hold real estate property. The organization collects income derived from these properties for the benefit of the Alaska Permanent Fund Corporation. In essence, it acts as a financial intermediary, generating revenue through property ownership and channeling it towards a specific purpose. The company does not engage in any direct services or initiatives, focusing solely on its title holding role.

Who is the CEO of 4875 Hunter Avenue Investment Group Inc?

Unavailable

What is the revenue of 4875 Hunter Avenue Investment Group Inc?

4875 Hunter Avenue Investment Group Inc's revenue in 2022 was $3,148,854.

Who are the executives of 4875 Hunter Avenue Investment Group Inc and what are their salaries?


Here are 3 key members and their salaries:


Edward Rime (Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Frampton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Andreyka (Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 4875 Hunter Avenue Investment Group Inc?

4875 Hunter Avenue Investment Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 4875 Hunter Avenue Investment Group Inc

4875 Hunter Avenue Investment Group Inc, as a Title Holding Company, serves a unique purpose. Its primary objective is to hold real property and generate income. This income is then channeled towards benefiting the Alaska Permanent Fund Corporation. By acting as a Title Holding Company, 4875 Hunter Avenue Investment Group Inc plays a crucial role in managing and monetizing real estate assets, ultimately contributing to the financial wellbeing of the Alaska Permanent Fund Corporation. The company's mission is centered around property management and income generation, ensuring a steady flow of funds for its designated beneficiary.

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Impact




October, 2024

4875 Hunter Avenue Investment Group Inc serves a vital role as a title holding company, focusing on the ownership and management of real property. By holding and generating income from these assets, the organization contributes significantly to the Alaska Permanent Fund Corporation, ensuring a steady revenue stream that supports community improvement initiatives in Alaska.

Based in El Segundo, CA, while directly focused on real estate in Juneau, AK, the organization plays an essential part in sustaining the financial health of the Alaska Permanent Fund. This, in turn, influences the economic stability and funding for public services and community projects throughout Alaska. The group's activities enhance the local economy by providing ongoing support and resources tied to property management and income collection.

Overall, the impact of 4875 Hunter Avenue Investment Group Inc extends beyond its real estate activities, creating a ripple effect that benefits the community and promotes long-term economic growth and sustainability in the region.




This information is meant to be a general summary of 4875 Hunter Avenue Investment Group 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.

Revenue
$3,148,854 (2022)
Expenses
$1,592,561 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $3,148,854
  • Gross Receipts: $3,148,854

Assets and Liabilities:

  • Total Assets: $102,774,410
  • Total Liabilities: $41,224,810
  • Net Assets: $61,549,600

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REAL PROPERTY RENTAL INCOME

Revenue

$2,770,801

TENANT REIMBURSEMENTS

Revenue

$378,053

Organization Details

Founding Year

2004

Main Address

801 WEST 10TH STREET, JUNEAU, AK, 99801

NTEE Category

Code: S47 - Community improvement

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