Overview
What is Olympia Real Estate Inc?
Olympia Real Estate Inc, located in Philadelphia, Pennsylvania, is a company that specializes in collecting rents from real properties. This income is then remitted to 501(c)3 nonprofit organizations. By serving as a conduit for this financial support, Olympia Real Estate Inc plays a crucial role in promoting the missions of these charitable organizations. The company's activities contribute to the overall welfare of these nonprofits, enabling them to continue their work in various fields, such as education, healthcare, and social services.
Is Olympia Real Estate Inc legitimate?
Olympia Real Estate Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Olympia Real Estate 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 Olympia Real Estate Inc?
Olympia Real Estate Inc's primary activity revolves around generating income from real property. This income is then directed towards 501(c)3 organizations. In essence, the company serves as a conduit, leveraging its real estate investments to support charitable causes. This operation aids various non-profit organizations in their missions, contributing to a broader societal impact. It's important to note that Olympia Real Estate Inc does not directly engage in the activities of these 501(c)3 organizations, but rather facilitates their operations through the income derived from its real estate investments.
Who is the CEO of Olympia Real Estate Inc?
Joseph Watkins is the President of Olympia Real Estate Inc. The CEO's salary of Olympia Real Estate Inc is $0 and their total compensation is $0.
What is the revenue of Olympia Real Estate Inc?
Olympia Real Estate Inc's revenue in 2020 was $0.
Who are the executives of Olympia Real Estate Inc and what are their salaries?
Here are 2 key members and their salaries (Olympia Real Estate Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Olympia Real Estate Inc?
Olympia Real Estate Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Olympia Real Estate Inc
Olympia Real Estate Inc, as a entity, is committed to generating income from real property and subsequently transferring this revenue to 501(c)3 organizations. In essence, the company's primary mission is to serve as a medium for raising funds through property rentals, which are then channeled towards supporting the initiatives and objectives of these charitable organizations. By engaging in this activity, Olympia Real Estate Inc plays a crucial role in supporting the charitable sector and contributing to various causes.
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Impact
October, 2024
Olympia Real Estate Inc significantly contributes to the community by generating income from real property and redistributing those funds to 501(c)(3) organizations. Operating in Philadelphia, the organization focuses on property management and rental income generation, enhancing the financial resources available to local nonprofits. This support bolsters community programs and initiatives that require funding, ultimately fostering improvements in various sectors, such as housing, education, and social services. By channeling real estate earnings into the nonprofit sector, Olympia Real Estate Inc plays a pivotal role in driving community development and enhancing the impact of charitable organizations.
This information is meant to be a general summary of Olympia Real Estate 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 2020.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2009
Phone
(215) 473-7033Principal Officer
Joseph Watkins
Main Address
4900 WYALUSING AVENUE, PHILADELPHIA, PA, 19131
NTEE Category
Code: S47 - Community improvement
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