Overview
What is Virginia Square Office Corporation C/O Ubs Realty Investors Llc?
Virginia Square Office Corporation C/O Ubs Realty Investors Llc is a title holding company based in Hartford, Connecticut. Its primary role involves acquiring and holding title to various real estate properties. The income generated from these properties is then collected and remitted to its stockholders, which are tax-exempt entities from the state of Alaska's pension plans. The organization operates as a passive investor in real estate, acting as a title holder and distributor of the earnings.
Is Virginia Square Office Corporation C/O Ubs Realty Investors Llc legitimate?
Virginia Square Office Corporation C/O Ubs Realty Investors Llc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Virginia Square Office Corporation C/O Ubs Realty Investors Llc 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.
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What is the mission statement of Virginia Square Office Corporation C/O Ubs Realty Investors Llc?
Virginia Square Office Corporation, acting as a title holding company, acquires and retains ownership of various real estate properties. The income generated from these properties is then distributed to its stockholders, which are tax-exempt entities from the state of Alaska's pension plans. The organization's primary role is to manage these properties and their associated income, serving as a financial intermediary. Its operations are not focused on development, improvement, or direct use of the properties, but rather on maintaining their title and income distribution. The company's mission can be summarized as facilitating financial returns for its stakeholders through real estate title holding.
Who is the CEO of Virginia Square Office Corporation C/O Ubs Realty Investors Llc?
Jeffrey G Maguire is the President/Director of Virginia Square Office Corporation C/O Ubs Realty Investors Llc.
What is the revenue of Virginia Square Office Corporation C/O Ubs Realty Investors Llc?
Virginia Square Office Corporation C/O Ubs Realty Investors Llc's revenue in 2022 was $4,794,807.
Who are the executives of Virginia Square Office Corporation C/O Ubs Realty Investors Llc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Virginia Square Office Corporation C/O Ubs Realty Investors Llc?
Virginia Square Office Corporation C/O Ubs Realty Investors Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Virginia Square Office Corporation C/O Ubs Realty Investors Llc
Virginia Square Office Corporation, acting as a title holding company, acquires and maintains title to various real estate properties. Its primary objective is to collect and distribute the income generated from these properties to its stockholders, which are tax-exempt entities from the state of Alaska's pension plans. In essence, Virginia Square Office Corporation serves as a financial intermediary, ensuring the efficient management and redistribution of income derived from its real estate holdings.
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Impact
October, 2024
Virginia Square Office Corporation C/O UBS Realty Investors LLC plays a significant role in the real estate sector by acquiring and holding title to various properties. This organization's activities contribute to the stability of the real estate market, as its operations focus on managing assets effectively and ensuring that properties generate revenue.
By remitting income generated from these properties to state-funded pension plans in Alaska, the corporation indirectly supports the financial health of these pension systems, benefiting retirees and promoting economic stability within the state. Furthermore, its focus on property management can lead to community improvements, as well-maintained real estate can enhance local neighborhoods and contribute to overall economic development.
Headquartered in Hartford, CT, Virginia Square Office Corporation exemplifies the impact that a title holding company can have not only on its stakeholders but also on the broader community by promoting responsible asset management and investment in real estate.
This information is meant to be a general summary of Virginia Square Office Corporation C/O Ubs Realty Investors Llc. 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.
- Program Service Revenue: $4,794,807
- Gross Receipts: $4,794,807
Assets and Liabilities:
- Total Assets: $61,871,806
- Total Liabilities: $313,879
- Net Assets: $61,557,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,794,807
Organization Details
Founding Year
2005
Phone
(860) 616-9000Principal Officer
Jeffrey G Maguire
Main Address
10 STATE HOUSE SQUARE 15TH FLOOR, HARTFORD, CT, 06103
NTEE Category
Code: S47 - Community improvement
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