Overview
What is Sdco Rio San Diego Plaza Ii Inc?
Sdco Rio San Diego Plaza II is a real estate-focused organization situated in Chicago, Illinois. Their primary mission revolves around serving as a Title Holding Corporation for real property. While not classified as a nonprofit in the traditional sense, the organization's role is to manage and maintain property titles within the real estate sector. By holding title to properties, Sdco Rio San Diego Plaza II ensures secure and legal ownership of real estate assets.
Official website here: www.ascentris.com
Is Sdco Rio San Diego Plaza Ii Inc legitimate?
Sdco Rio San Diego Plaza Ii Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Sdco Rio San Diego Plaza Ii 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.
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Official website here: www.ascentris.com
What is the mission statement of Sdco Rio San Diego Plaza Ii Inc?
Sdco Rio San Diego Plaza II is a real estate organization with a mission to serve as a Title Holding Corporation for property. This mission implies that the company manages and oversees the titles of various properties, ensuring their legitimacy and ownership. By performing this role, Sdco Rio San Diego Plaza II plays a crucial part in the real estate market, facilitating property transactions and protecting property rights. The organization's primary focus is to ensure the title-related aspects of real estate transactions are handled efficiently and securely.
Official website here: www.ascentris.com
What is the revenue of Sdco Rio San Diego Plaza Ii Inc?
Sdco Rio San Diego Plaza Ii Inc's revenue in 2023 was $2,653,903.
Official website here: www.ascentris.com
Who are the executives of Sdco Rio San Diego Plaza Ii Inc and what are their salaries?
There 17 volunteers at Sdco Rio San Diego Plaza Ii Inc.
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Official website here: www.ascentris.com
Where can I find the form 990 for Sdco Rio San Diego Plaza Ii Inc?
Sdco Rio San Diego Plaza Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ascentris.com
Learn more at the official website: www.ascentris.com
Mission Statement of Sdco Rio San Diego Plaza Ii Inc
Sdco Rio San Diego Plaza II is a real estate organization with a unique mission. In simple terms, its purpose is to serve as a Title Holding Corporation for real property. This mission implies that the organization is primarily involved in managing and overseeing the titles of various properties, ensuring their legitimacy and protecting the rights of the property owners. By functioning as a Title Holding Corporation, Sdco Rio San Diego Plaza II plays a crucial role in maintaining the integrity of the real estate market, thereby contributing to a stable and secure property market. This mission is vital, as it ensures that property transactions are conducted fairly and transparently, thereby fostering trust and confidence among property buyers and sellers.
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Impact
October, 2024
Sdco Rio San Diego Plaza II Inc plays a significant role in community development through its focus on real estate management and property holding. By acting as a title holding corporation, it contributes to the stabilization and enhancement of local neighborhoods in Chicago. The organization’s activities promote responsible land use and real estate practices, which can lead to improved community infrastructure, increased property values, and overall neighborhood revitalization.
Additionally, its mission aligns with community improvement initiatives, supporting local economic growth and fostering a sense of place and belonging among residents. By managing real estate effectively, Sdco Rio San Diego Plaza II Inc helps to ensure that properties are maintained and utilized in ways that benefit the surrounding community, ultimately enhancing the quality of life for local residents.
This information is meant to be a general summary of Sdco Rio San Diego Plaza Ii 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 2023.
- Program Service Revenue: $2,653,903
- Gross Receipts: $2,653,903
Assets and Liabilities:
- Total Assets: $26,201,281
- Total Liabilities: $1,155,508
- Net Assets: $25,045,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$2,469,350
RECOVERIES
Revenue
$184,553
Organization Details
Founding Year
2005
Principal Officer
Robert A Toomey Jr
Website
www.ascentris.comNTEE Category
Code: S47 - Community improvement
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