Overview
What is Pera 7825 Fay Avenue Inc?
Pera 7825 Fay Avenue Inc is a corporation based in Chicago, Illinois, primarily engaged in the real estate industry. Their primary function involves holding title for real property, serving as a title holding corporation. While not explicitly stated as a nonprofit organization, the information provided indicates that they operate in this capacity, contributing to the real estate sector in their local community.
Is Pera 7825 Fay Avenue Inc legitimate?
Pera 7825 Fay Avenue Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Pera 7825 Fay Avenue 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
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What is the mission statement of Pera 7825 Fay Avenue Inc?
Pera 7825 Fay Avenue Inc serves as a title holding corporation, primarily focused on real estate. While the information provided does not specify an explicit mission statement, it can be inferred that their role primarily involves managing and holding titles for various real estate properties. This function is crucial in the real estate industry, ensuring the legal and secure transfer of property ownership. The corporation operates within the industry, providing essential services in the realm of real estate title management.
Who is the CEO of Pera 7825 Fay Avenue Inc?
William Swiderski is the See Supplementa of Pera 7825 Fay Avenue Inc.
What is the revenue of Pera 7825 Fay Avenue Inc?
Pera 7825 Fay Avenue Inc's revenue in 2022 was $2,681,178.
Who are the executives of Pera 7825 Fay Avenue Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pera 7825 Fay Avenue Inc?
Pera 7825 Fay Avenue Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pera 7825 Fay Avenue Inc
Pera 7825 Fay Avenue Inc serves as a title-holding corporation in the real estate industry. Its primary role is to manage and maintain ownership of various real estate properties. Although the mission statement is not explicitly provided in the information, it can be inferred that the corporation's aim is to ensure the efficient and effective management of its real estate holdings, contributing to the real estate market in an unspecified manner. As a title-holding corporation, Pera 7825 Fay Avenue Inc may also play a role in facilitating property transactions, such as buying, selling, or leasing, thereby contributing to the real estate market's dynamics. Overall, Pera 7825 Fay Avenue Inc operates as a significant player in the real estate industry, contributing to the management and movement of property titles.
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Impact
October, 2024
Pera 7825 Fay Avenue Inc plays a significant role in the real estate industry in Chicago, IL, by holding title for real property. This activity contributes to community improvement by facilitating better utilization of land and real estate assets. By managing property titles effectively, the organization helps ensure that real estate investments are maintained and developed in ways that benefit the local community.
The presence of such an entity can lead to enhanced property management, increased property values, and improved neighborhood aesthetics. Moreover, by operating within the local context, Pera 7825 Fay Avenue Inc can engage in initiatives that align with community needs and priorities, fostering a sense of community development and resilience. Overall, its impact extends beyond mere property holding to encompass broader benefits for the Chicago area, contributing to local economic growth and community betterment.
This information is meant to be a general summary of Pera 7825 Fay Avenue 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.
- Program Service Revenue: $2,681,178
- Gross Receipts: $2,681,178
Assets and Liabilities:
- Total Assets: $32,038,350
- Total Liabilities: $8,601,786
- Net Assets: $23,436,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent
Revenue
$2,649,998
Other
Revenue
$31,180
Organization Details
Founding Year
2006
Phone
(312) 537-7000Principal Officer
William Swiderski
Main Address
222 South Riverside Plaza 34th Flr, Chicago, IL, 60606
NTEE Category
Code: S470 - Community improvement
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