Overview
What is The Lakewood Investment Company?
The Lakewood Investment Company is a nonprofit organization, specifically established to manage and oversee commercial properties primarily for the benefit of its associated member group, BPO Eks Lodge 1350. This entity's primary role is to ensure the proper use of these properties by its affiliated group, thereby maintaining a strong connection between the organization and its members.
Is The Lakewood Investment Company legitimate?
The Lakewood Investment Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. The Lakewood Investment Company 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 The Lakewood Investment Company?
The Lakewood Investment Company's mission is centered around owning and managing commercial property, primarily catering to the needs of its affiliated organization, BPO Eks Lodge 1350. This mission serves to provide a space for the lodge members, contributing to their operational needs. The company's activities are geared towards maintaining and managing these commercial properties effectively.
Who is the CEO of The Lakewood Investment Company?
Louis Ramunno is the President of The Lakewood Investment Company.
What is the revenue of The Lakewood Investment Company?
The Lakewood Investment Company's revenue in 2022 was $13,283.
Who are the executives of The Lakewood Investment Company and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for The Lakewood Investment Company?
The Lakewood Investment Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Lakewood Investment Company
The Lakewood Investment Company, as a mission-driven entity, is dedicated to owning and managing commercial property primarily for the benefit of its members affiliated with BPO Eks Lodge 1350. This organization's role is to oversee and manage commercial real estate holdings, ensuring they are utilized primarily by the members of BPO Eks Lodge 1350. By undertaking this responsibility, The Lakewood Investment Company serves to support and strengthen its affiliated organization.
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Impact
October, 2024
The Lakewood Investment Company plays a significant role in enhancing community engagement and development. By owning and managing commercial properties primarily for the members of BPO Eks Lodge 1350, it provides valuable spaces that foster connection and collaboration among members. This focus not only strengthens community ties but also promotes local economic growth by supporting businesses and activities that are important to its members.
The company's commitment to managing these properties ensures that they meet the needs of its community, offering facilities that can host events and activities that further enhance community spirit. By prioritizing the development and maintenance of these commercial spaces, The Lakewood Investment Company contributes to the overall vitality and sustainability of Westlake, Ohio, reinforcing the importance of communal investment in local infrastructure and services.
This information is meant to be a general summary of The Lakewood Investment Company. 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.
- Investment Income: $17,010
- Gross Receipts: $179,993
Assets and Liabilities:
- Total Assets: $1,702,265
- Total Liabilities: $5,142
- Net Assets: $1,697,123
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Organization Details
Founding Year
1917
Phone
(330) 550-7637Principal Officer
Louis Ramunno
Main Address
24350 Center Ridge Road, Westlake, OH, 44145
NTEE Category
Code: S47 - Community improvement
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