Overview
What is Public Asset Management Inc?
Public Asset Management Inc is a corporation established for diverse lawful purposes. Their primary focus lies in acquiring tax claims from various government taxing authorities, expanding their business scope beyond this core activity. The company is authorized to engage in all lawful business activities that corporations can incorporate, highlighting their versatility and adaptability in the market.
Is Public Asset Management Inc legitimate?
Public Asset Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Asset Management Inc submitted a form 990EZ, 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.
What is the mission statement of Public Asset Management Inc?
Public Asset Management Inc's mission revolves around acquiring tax claims from government taxing authorities and engaging in all lawful business activities that corporations can be incorporated for. This primarily involves the procurement of tax debts from governmental entities.
Who is the CEO of Public Asset Management Inc?
Margaret Thomas is the President of Public Asset Management Inc.
What is the revenue of Public Asset Management Inc?
Public Asset Management Inc's revenue in 2022 was $50,461.
Who are the executives of Public Asset Management Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Public Asset Management Inc?
Public Asset Management Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Public Asset Management Inc
Public Asset Management Inc, as outlined in the provided information, is an organization primarily engaged in the acquisition of tax claims from government taxing authorities. This activity is carried out in accordance with the legal framework for corporations, allowing them to incorporate for various lawful business purposes. The company's main focus is on acquiring tax claims from government taxing authorities, expanding its scope to all legitimate business ventures that corporations can participate in.
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Impact
August, 2024
Public Asset Management Inc's impact lies in its unique focus on the acquisition of tax claims from government taxing authorities. By engaging in this activity, the organization plays a crucial role in managing public assets efficiently and effectively. This not only helps in ensuring the collection of taxes owed to the government but also contributes to maintaining the financial health of government entities.
Through its work, Public Asset Management Inc aids in the proper allocation of public resources, which ultimately benefits the communities and constituents served by the government taxing authorities. By engaging in the acquisition of tax claims, the organization helps in recovering funds that are essential for the functioning of various public services and initiatives.
Furthermore, Public Asset Management Inc's activities align with the promotion of public benefit, reflecting its commitment to serving the greater good and contributing positively to the overall well-being of society. By focusing on managing tax claims and supporting government taxing authorities in their revenue collection efforts, the organization plays a significant role in upholding the financial stability and integrity of public institutions.
Overall, Public Asset Management Inc's impact can be seen through its efforts to facilitate the collection of taxes owed to government entities, thereby supporting the essential functions of public services and promoting the efficient management of public assets for the benefit of society as a whole.
This information is meant to be a general summary of Public Asset Management 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 2022.
- Investment Income: $42
- Program Service Revenue: $50,419
- Gross Receipts: $50,461
Assets and Liabilities:
- Total Assets: $92,270
- Total Liabilities: $335
- Net Assets: $91,935
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Organization Details
Phone
(570) 655-3329Principal Officer
Margaret Thomas
Main Address
16 LUZERNE AVENUE, WEST PITTSTON, PA, 18643
NTEE Category
Code: W02 - Public benefit
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