Overview
What is Hospitality Office Inc?
Hospitality Office Inc, situated in San Bernardino, California, functions as a title holding company for rental properties. This nonprofit organization focuses on managing the property titles for its rental real estate portfolio. Their mission is centered around this specific role, making them a significant player in the real estate sector in their local area.
Is Hospitality Office Inc legitimate?
Hospitality Office Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Hospitality Office 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 Hospitality Office Inc?
Hospitality Office Inc, as a real estate organization, serves as a title holding company for rental properties. Their mission is centered around managing rental real estate, focusing on the role of title holding. This mission aims to provide reliable and efficient services in this specific real estate sector. The organization's activities revolve around the management and maintenance of rental properties, with the title holding aspect being a crucial part of their operations.
What is the revenue of Hospitality Office Inc?
Hospitality Office Inc's revenue in 2024 was $256,554.
Who are the executives of Hospitality Office Inc and what are their salaries?
There 3 volunteers at Hospitality Office Inc.
Here are 3 key members and their salaries:
- 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 Hospitality Office Inc?
Hospitality Office Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Hospitality Office Inc
Hospitality Office Inc, as a title holding company, is dedicated to the management of rental real estate. Their mission, in essence, involves serving as the steward of properties intended for rental purposes. By assuming the title, Hospitality Office Inc assumes the responsibility of overseeing these properties, ensuring they are utilized effectively and efficiently for the purpose of rental income generation. This role allows the company to contribute to the broader rental market, providing properties for tenants to inhabit.
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Impact
October, 2024
Hospitality Office Inc plays a crucial role in enhancing community improvement through its operations in the rental real estate sector in San Bernardino, CA. By functioning as a title-holding company, it contributes to the stability and availability of rental properties, which are essential for accommodating residents and fostering a sense of community. This organization helps to ensure that rental properties are managed effectively, providing safe and reliable housing options for those in need.
Moreover, Hospitality Office Inc's impact extends beyond just real estate holdings. By managing rental properties, it supports local economic growth and contributes to the revitalization of neighborhoods. This organization engages in activities that encourage investment in the area, which can lead to improved living conditions and overall community well-being. In this way, Hospitality Office Inc serves not only as a facilitator for housing but also as a catalyst for positive change in the San Bernardino community.
This information is meant to be a general summary of Hospitality Office 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 2024.
- Gross Receipts: $792,940
Assets and Liabilities:
- Total Assets: $8,678,287
- Total Liabilities: $155,905
- Net Assets: $8,522,382
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Organization Details
Founding Year
2001
Principal Officer
Donald Pierce
NTEE Category
Code: S47 - Community improvement
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