Northwestern Properties Corporation

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

EIN: 220018629 ✦ Lafayette hill, PA ✦ Designated as a 501(c)(2)

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Overview

What is Northwestern Properties Corporation?

Northwestern Properties Corporation serves as a property title holder and income collector, specifically for the benefit of Merakey USA and its affiliated nonprofit organizations. By managing these properties, Northwestern Properties Corporation plays a crucial role in generating income that supports the mission and activities of these nonprofit entities. The company's operations are based in Lafayette Hill, Pennsylvania.


Official website here: www.merakey.org

Is Northwestern Properties Corporation legitimate?

Northwestern Properties Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Northwestern Properties Corporation 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


Official website here: www.merakey.org

What is the mission statement of Northwestern Properties Corporation?

Northwestern Properties Corporation's primary role is to manage its property portfolio. Its mission, however, extends beyond this. The corporation holds title to these properties and collects the income derived from them. This income is then beneficially utilized for Merakey USA and its nonprofit affiliates. In essence, Northwestern Properties Corporation acts as a facilitator, channeling income from its property holdings to support the initiatives and objectives of Merakey USA's nonprofit affiliates.


Official website here: www.merakey.org

Who is the CEO of Northwestern Properties Corporation?

Joseph Martz is the President/Ceo of Northwestern Properties Corporation. The CEO's salary of Northwestern Properties Corporation is $0 and their total compensation is $1,132,565.


Official website here: www.merakey.org

What is the revenue of Northwestern Properties Corporation?

Northwestern Properties Corporation's revenue in 2022 was $0.


Official website here: www.merakey.org

Who are the executives of Northwestern Properties Corporation and what are their salaries?


Here are 4 key members and their salaries (Northwestern Properties Corporation's CEO's salary is $0 and their total compensation is $1,132,565):


Joseph Martz (President/Ceo)
  • Compensation: $0
  • Related: $1,092,746
  • Other: $39,819
Derrick Yacovelli (Treasurer/Cfo)
  • Compensation: $0
  • Related: $669,146
  • Other: $27,049
Leah Pason (Director/Cso)
  • Compensation: $0
  • Related: $451,211
  • Other: $21,226
Robert Nix Iii Esq (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.merakey.org

Where can I find the form 990 for Northwestern Properties Corporation?

Northwestern Properties Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.merakey.org

Learn more at the official website: www.merakey.org

Mission Statement of Northwestern Properties Corporation

Northwestern Properties Corporation serves a unique role in supporting the mission of its affiliated nonprofits, Merakey USA and its nonprofit partners. This real estate corporation holds the title to various properties and is responsible for collecting the income derived from these properties. This income is then channeled towards benefiting Merakey USA and its nonprofit associates, thereby contributing to their overall operations and objectives. By managing these properties and income, Northwestern Properties Corporation plays a vital role in supporting the charitable work and initiatives of its affiliated nonprofits, thereby contributing to their collective mission.

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Impact




October, 2024

Northwestern Properties Corporation plays a vital role in supporting the mission of Merakey USA and its affiliates by managing and holding title to properties, as well as collecting income generated from these assets. This activity not only provides financial resources that benefit the organization but also contributes to community improvement by ensuring that properties are utilized effectively for various services and support programs. Through its efforts, Northwestern Properties Corporation helps to create a sustained impact on the community, fostering growth and enhancing the quality of life for those served by Merakey USA and its affiliates in Lafayette Hill, PA.




This information is meant to be a general summary of Northwestern Properties Corporation. 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

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: $64,010
    • Total Liabilities: $859,418
    • Net Assets: -$795,408

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    Organization Details

    Founding Year

    1982

    Principal Officer

    Joseph Martz

    Main Address

    620 GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444

    NTEE Category

    Code: S47 - Community improvement

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