Overview
What is 19 Campus Boulevard Business Trust?
The 19 Campus Boulevard Business Trust is a nonprofit organization primarily focused on managing a specific piece of real estate property located at 19 Campus Boulevard, Newtown Square, Pennsylvania. Its primary objective is to collect income from this property, cover related expenses, and then distribute the remaining income to the property's owner, while retaining funds for the property's operation costs. Essentially, its mission revolves around managing this property effectively to generate income and ensure its maintenance.
Is 19 Campus Boulevard Business Trust legitimate?
19 Campus Boulevard Business Trust is a legitimate nonprofit organization registered as a 501(c)(2) entity. 19 Campus Boulevard Business Trust 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 19 Campus Boulevard Business Trust?
The 19 Campus Boulevard Business Trust's primary purpose is to manage a specific piece of real property, identified as 19 Campus Boulevard, by collecting rent and covering expenses. The main objective is to generate income from this property and distribute the majority of it to its owner, while retaining a portion for the operation of the property itself. Essentially, the Trust's role is to manage the property effectively and efficiently, ensuring a steady income flow to its owner.
Who is the CEO of 19 Campus Boulevard Business Trust?
Robert O Betts Jr is the Executive Director of 19 Campus Boulevard Business Trust.
What is the revenue of 19 Campus Boulevard Business Trust?
19 Campus Boulevard Business Trust's revenue in 2022 was $1,191,828.
Who are the executives of 19 Campus Boulevard Business Trust and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $118,299
- Other: $34,427
Where can I find the form 990 for 19 Campus Boulevard Business Trust?
19 Campus Boulevard Business Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 19 Campus Boulevard Business Trust
19 Campus Boulevard Business Trust is established with the primary objective of managing a specific piece of real property. The trust's mission revolves around collecting income generated from this property, managing expenses associated with its maintenance, and subsequently distributing the net income to its owner. The trust's operations are designed to ensure that a majority of the income generated from the property is passed on to the owner, while allocating a portion of the funds for maintaining the property's operations. This is the primary program service offered by 19 Campus Boulevard Business Trust, making it a real estate management organization at its core.
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Impact
October, 2024
19 Campus Boulevard Business Trust plays a vital role in managing and optimizing the real estate located at 19 Campus Boulevard in Newtown Square, Pennsylvania. By holding the title to this property, the trust facilitates the collection of income generated from it, ensuring that all expenses related to the property are paid. This revenue management is crucial for maintaining and potentially enhancing the value of the real estate asset.
The trust's financial operations are focused on maximizing income while carefully managing expenses, allowing for a streamlined process that prioritizes effective stewardship. By redistributing the income to the owner after covering necessary expenses, the trust contributes to the overall economic vitality of the area. This model not only benefits the owner but can also have a positive impact on the local community through enhanced property maintenance and potential job creation related to the property’s activities.
In summary, 19 Campus Boulevard Business Trust serves as a pivotal entity in real estate management, fostering economic improvement and stability in Newtown Square by ensuring effective property oversight and optimized income generation.
This information is meant to be a general summary of 19 Campus Boulevard Business Trust. 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: $1,191,828
- Gross Receipts: $1,191,828
Assets and Liabilities:
- Total Assets: $4,390,700
- Total Liabilities: $93,824
- Net Assets: $4,296,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,191,828
Organization Details
Founding Year
1994
Phone
(800) 523-4702Principal Officer
Robert O Betts Jr
Main Address
19 CAMPUS BLVD SUITE 200, NEWTOWN SQUARE, PA, 19073
NTEE Category
Code: S47 - Community improvement
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