Overview
What is Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager?
Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager is a 501(C)(25) nonprofit organization, primarily established for the purpose of obtaining real estate properties. The organization holds title to these properties and collects income generated from them, subsequently remitting the entire income, after deducting expenses, to its sole shareholder, Alaska Retirement Management Board. The Alaska Retirement Management Board, being a tax-exempt organization, meets the requirements specified in Section 501(C)(25)(C). This nonprofit's primary function involves generating income from real estate properties and distributing it to its shareholder.
Is Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager legitimate?
Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager is a legitimate nonprofit organization registered as a 501(c)(25) entity. Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager 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
For more financial information, click here
What is the mission statement of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager?
Aliso Creek Shopping Center Inc., under the management of Lasalle Advisors Tax Manager, operates as a 501(C)(25) organization. Its primary purpose is to acquire real property, maintain ownership, collect income from the property, and subsequently distribute the income (after deducting expenses) to its sole shareholder, the Alaska Retirement Management Board. This tax-exempt organization meets the requirements of Section 501(C)(25)(C). The center's sole objective is to generate income for its shareholder, which received the net income as of June 30, 2019. It does not have a traditional mission statement focusing on community or social impact, as its goal is purely financial.
Who is the CEO of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager?
Julie Manning is the President of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager.
What is the revenue of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager?
Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager's revenue in 2020 was $589,480.
Who are the executives of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager?
Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager
Aliso Creek Shopping Center Inc, under the management of Lasalle Advisors Tax Manager, was established as a 501(C)(25) organization. Its primary objective was to acquire real property, hold title to it, and collect income from the property. This income, after deducting expenses, was then remitted entirely to its sole shareholder, the Alaska Retirement Management Board, a tax-exempt organization that meets the criteria of Section 501(C)(25)(C). Throughout its operations, Aliso Creek Shopping Center Inc consistently distributed its net income to its shareholder, as evident from the June 30, 2019, distribution. In essence, Aliso Creek Shopping Center Inc was established for the sole purpose of generating income through real estate investments and channeling those profits back to its principal investor.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Aliso Creek Shopping Center Inc, through its operations as a 501(c)(25) organization, has significant implications for real estate management and financial distributions. Its primary function was to acquire and hold title to real estate, generating income from these properties. This income was then remitted to its sole shareholder, the Alaska Retirement Management Board.
The structured approach of Aliso Creek Shopping Center Inc provides a way for the Alaska Retirement Management Board to manage real estate assets effectively, focusing on long-term financial returns that support the retirement system. This setup ensures that all net income from operations, after covering expenses, is directed to the shareholder, fostering a sustainable source of income for the retirement fund.
Although Aliso Creek Shopping Center Inc is no longer active, its operational model demonstrates how organizations can structure financial and real estate investments to optimize returns for stakeholders. The legacy of its activities continues to impact the financial health of the Alaska Retirement Management Board, contributing to community improvement through enhanced management of real estate assets.
This information is meant to be a general summary of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager. 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.
- Gross Receipts: $986,889
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(312) 228-2581Principal Officer
Julie Manning
Main Address
200 E RANDOLPH DRIVE, CHICAGO, IL, 60601
NTEE Category
Code: S47 - Community improvement
If you are a representative of Aliso Creek Shopping Center Inc C/O Lasalle Advisors Tax Manager and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.