Overview
What is Aroostook Title Company?
Aroostook Title Company, situated in Caribou, Maine, is a distinguished real estate organization. Their primary purpose, as a title holding corporation, is to manage and safeguard property titles, ensuring the validity and transferability of real estate transactions. This role is crucial in maintaining a smooth and secure process in the realm of property ownership.
Is Aroostook Title Company legitimate?
Aroostook Title Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Aroostook Title Company 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 Aroostook Title Company?
Aroostook Title Company, as a real estate organization, is committed to serving its clients by focusing on title holding as its primary mission. This mission is centered around ensuring secure and valid property transactions for its clients. The company operates with a goal to provide reliable and efficient title services, thereby contributing to a smooth and hassle-free real estate transaction process. While the specifics of their approach or additional services may not be detailed, their central focus is on title holding, ensuring peace of mind for their clients in their property-related dealings.
Who is the CEO of Aroostook Title Company?
Patrick Bennett is the President of Aroostook Title Company.
What is the revenue of Aroostook Title Company?
Aroostook Title Company's revenue in 2023 was $81,575.
Who are the executives of Aroostook Title Company and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Aroostook Title Company?
Aroostook Title Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Aroostook Title Company
Aroostook Title Company, as a title holding corporation, is dedicated to its mission. This mission involves serving as a crucial player in the real estate sector. In simple terms, Aroostook Title Company's role is to manage and secure property titles, ensuring that the ownership of real estate is accurately and legally documented. This mission is fundamental to the smooth operation of the real estate market, as it provides assurance and confidence to buyers and sellers alike. By overseeing the title transfer process, Aroostook Title Company plays a vital role in protecting property rights and preventing disputes. It is this mission that has positioned Aroostook Title Company as a trusted entity in the real estate industry.
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Impact
October, 2024
Aroostook Title Company plays a vital role in the real estate landscape of Caribou, ME, by serving as a title holding corporation. This organization helps ensure clear property titles in the community, simplifying real estate transactions and providing peace of mind to buyers and sellers alike. Through its operations, Aroostook Title Company contributes to community improvement by fostering a reliable real estate market, promoting stability, and enhancing the overall quality of life in the region. By facilitating smooth transfers of property ownership, it aids in economic development and supports residents in making informed real estate decisions.
This information is meant to be a general summary of Aroostook Title Company. 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.
- Investment Income: $93,025
- Gross Receipts: $299,014
Assets and Liabilities:
- Total Assets: $517,247
- Total Liabilities: $1,225
- Net Assets: $516,022
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Organization Details
Founding Year
1975
Phone
(207) 498-8711Principal Officer
Patrick Bennett
Main Address
PO BOX 26, CARIBOU, ME, 04736
NTEE Category
Code: S47 - Community improvement
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