Overview
What is Fl Business Condominiums?
Fl Business Condominiums is a nonprofit organization that functions as a Condominium Owners Association, falling under the real estate sector. Their primary role is to manage and oversee various aspects related to condominiums, ensuring the well-being and coherence within the community. Although the information provided is limited, it suggests that they operate with the goal of maintaining a harmonious and well-functioning condominium complex.
Is Fl Business Condominiums legitimate?
Fl Business Condominiums is a legitimate nonprofit organization registered as a 501(c)(2) entity. Fl Business Condominiums 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 Fl Business Condominiums?
Fl Business Condominiums functions as a Condominium Owners Association, positioning itself within the realm of real estate organizations. Its mission, implicit in its operations, is primarily focused on managing and overseeing the affairs of the condominium complex, ensuring the upkeep and maintenance of shared facilities, and facilitating communication and decision-making among the condominium unit owners. By operating in this capacity, Fl Business Condominiums contributes to fostering a harmonious living environment within the condominium community. While it does not have a publicly stated mission statement, its actions and responsibilities as a Condominium Owners Association serve to maintain and enhance the quality of life for its members.
Who is the CEO of Fl Business Condominiums?
Unavailable
What is the revenue of Fl Business Condominiums?
Fl Business Condominiums's revenue in 2022 was $12,000.
Who are the executives of Fl Business Condominiums 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 Fl Business Condominiums?
Fl Business Condominiums's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Fl Business Condominiums
Fl Business Condominiums, as a Condominium Owners Association, plays a significant role within the real estate sector. Its mission, in simpler terms, is to oversee and manage the affairs of the condominium business, acting as a representative for the individual unit owners. This association ensures that the condominium community adheres to its rules and regulations, while also addressing any issues or concerns that may arise among the residents. By functioning as a Condominium Owners Association, Fl Business Condominiums contributes to maintaining a harmonious living environment for its members.
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Impact
October, 2024
FL Business Condominiums plays a significant role in enhancing the local community by managing and maintaining shared properties for its members. As a Condominium Owners Association, it fosters a sense of community among residents, ensuring that common areas are well-kept and that community standards are upheld. This collective approach to property management not only improves the aesthetics and functionality of the neighborhood but also increases property values, benefiting all homeowners in the area.
By promoting collaboration among residents, FL Business Condominiums encourages community engagement and participation, creating a cohesive living environment. Furthermore, its focus on community improvement initiatives can lead to better services and amenities, which contribute to the overall quality of life in Forest Lake, MN. In essence, the organization serves as a stabilizing force in the local real estate market, driving positive change and fostering a sense of belonging among its members.
This information is meant to be a general summary of Fl Business Condominiums. 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.
- Gross Receipts: $12,000
Assets and Liabilities:
- Total Assets: $5,280
- Total Liabilities: $0
- Net Assets: $5,280
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Organization Details
Main Address
80 NW 3RD STREET, FOREST LAKE, MN, 55025
NTEE Category
Code: S47 - Community improvement
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