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Altenheim Properties Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341968851 ✦ Strongsville, OH ✦ Designated as a 501(c)(3)

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Overview

What is Altenheim Properties Inc?

Altenheim Properties Inc is a nonprofit organization situated in Strongville, Ohio, with an address at 18627 Shurmer Road. Its primary purpose is to manage and maintain real estate, specifically for the exclusive benefit of and in line with the objectives of the West Side Deutscher Frauen Verein, also known as The Altenheim. This entity's mission is to support and further the goals of the West Side Deutscher Frauen Verein, ensuring the continued well-being of the organization.

Is Altenheim Properties Inc legitimate?

Altenheim Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altenheim Properties 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

For more financial information, click here

What is the mission statement of Altenheim Properties Inc?

Altenheim Properties Inc serves as a trustee, holding and maintaining real estate properties for an exclusive benefit. Its primary purpose is to support the objectives of the West Side Deutscher Frauen Verein, commonly known as Altenheim. This organization's mission is to utilize the real estate holdings for their intended purpose, thereby contributing to their overall objectives. The specific goals and objectives of the West Side Deutscher Frauen Verein are not provided in the data, but Altenheim Properties Inc ensures that the property is used in accordance with these objectives.

Who is the CEO of Altenheim Properties Inc?

David Knowles is the President of Altenheim Properties Inc. The CEO's salary of Altenheim Properties Inc is $0 and their total compensation is $289,008.

What is the revenue of Altenheim Properties Inc?

Altenheim Properties Inc's revenue in 2022 was $221,351.

Who are the executives of Altenheim Properties Inc and what are their salaries?

There 12 volunteers at Altenheim Properties Inc.


Here are 13 key members and their salaries (Altenheim Properties Inc's CEO's salary is $0 and their total compensation is $289,008):


Paul Psota (Ceo)
  • Compensation: $0
  • Related: $258,480
  • Other: $30,528
John Kedzior (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Haseley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Knowles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norbert Manz (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sartschev (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigitte Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Riedthaler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Zimmerman (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Oliveros (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Helfrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kaminski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Balint (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Altenheim Properties Inc?

Altenheim Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Altenheim Properties Inc

Altenheim Properties Inc, in its mission, serves to safeguard and preserve real estate property for the sole benefit of the West Side Deutscher Frauen Verein, also known as The Altenheim. This organization is dedicated to upholding and executing the purposes of The Altenheim, ensuring its continued existence and operation. By maintaining the property, Altenheim Properties Inc plays a crucial role in supporting the overall mission and objectives of The Altenheim, without providing any specifics regarding the nature or objectives of that mission.

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Impact




October, 2024

Altenheim Properties Inc plays a significant role in the community by maintaining and managing real estate for the exclusive benefit of the West Side Deutscher Frauen Verein, operating under the name The Altenheim. This ensures the preservation and efficient use of property resources that support the organization’s mission and initiatives. By overseeing real property, Altenheim Properties Inc enhances the capacity to serve its community, fostering connections and providing essential services that align with its objectives. The impact is seen not only in the maintenance of physical spaces but also in the continued support of cultural and philanthropic endeavors in the Strongsville, OH area.




This information is meant to be a general summary of Altenheim Properties 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.

Revenue
$221,351 (2022)
Expenses
$2,490,195 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $221,351
  • Gross Receipts: $225,000

Assets and Liabilities:

  • Total Assets: $38,038,691
  • Total Liabilities: $59,303,873
  • Net Assets: -$21,265,182

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Organization Details

Founding Year

2001

Principal Officer

David Knowles

Main Address

18627 SHURMER ROAD, STRONGSVILLE, OH, 44136

NTEE Category

Code: T20 - Philanthropy

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