Overview
What is Cactus Sinclair Corp?
Cactus Sinclair Corp is a nonprofit organization based in San Mateo, California, with an address at 2025 Pioneer CT, 94403. Its primary purpose is to acquire and maintain property in Moreno Valley, California. The organization's primary function is to collect and distribute the income generated from this property to its shareholder, which is a pension plan. The nonprofit's activities are directly tied to managing and generating income from this property for the benefit of its pension plan shareholder.
Is Cactus Sinclair Corp legitimate?
Cactus Sinclair Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Cactus Sinclair Corp 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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What is the mission statement of Cactus Sinclair Corp?
Cactus Sinclair Corp was established with the primary objective of acquiring and maintaining property rights. Its primary role is to collect and redistribute the income generated from these properties to a pension plan, serving as its shareholder. In essence, the corporation's mission is to manage its property portfolio and distribute the resulting income to support a pension fund. This structure allows the pension plan to accumulate funds for its beneficiaries.
Who is the CEO of Cactus Sinclair Corp?
Garry J Spanner is the President/Chairman of Cactus Sinclair Corp.
What is the revenue of Cactus Sinclair Corp?
Cactus Sinclair Corp's revenue in 2022 was $10,179.
Who are the executives of Cactus Sinclair Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Cactus Sinclair Corp?
Cactus Sinclair Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cactus Sinclair Corp
Cactus Sinclair Corp, a corporation established with a specific purpose, is committed to acquiring and holding title to property. Its primary objective is to generate income, which it then remits to its shareholder – a pension plan. The corporation's mission is essentially to serve as a financial entity, investing in property and generating revenue to support its pension plan shareholder. This mission is a crucial part of its operations, ensuring a steady income stream for its pension plan beneficiaries.
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Impact
October, 2024
Cactus Sinclair Corp primarily focuses on acquiring and holding property in Moreno Valley, CA, which plays a significant role in the local real estate landscape. By managing these properties, the organization contributes to the stability of the housing market in the area, potentially enhancing property values and encouraging community development.
Furthermore, the income generated from these properties is remitted to a pension plan shareholder. This not only provides financial support for those dependent on the pension, but also helps sustain economic stability for retirees, fostering a sense of security within the community.
As a result, Cactus Sinclair Corp has an impact on both the local real estate market and the financial well-being of pension plan beneficiaries, contributing to the overall improvement and sustainability of the community in Moreno Valley.
This information is meant to be a general summary of Cactus Sinclair Corp. 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.
- Investment Income: $10,079
- Gross Receipts: $900,103
Assets and Liabilities:
- Total Assets: $3,699
- Total Liabilities: $0
- Net Assets: $3,699
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Organization Details
Founding Year
2006
Phone
(650) 343-6333Principal Officer
Garry J Spanner
Main Address
2025 PIONEER CT, SAN MATEO, CA, 94403
NTEE Category
Code: S47 - Community improvement
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