Overview
What is Yorktown Properties Inc?
Yorktown Properties Inc is a 501(c)(2) corporation, situated in Yorktown, Indiana. Its primary function is to hold title to a particular property and collect rental income from a related tax-exempt organization, Lifetime Services Inc. This income is then used to cover the building expenses. The corporation operates with the exclusive aim of supporting this related organization, ensuring the property's maintenance and upkeep. Yorktown Properties Inc serves as a crucial facilitator in the efficient operation of Lifetime Services Inc.
Is Yorktown Properties Inc legitimate?
Yorktown Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Yorktown 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 Yorktown Properties Inc?
Yorktown Properties Inc, as a 501(c)(2) corporation, serves a specific purpose: it holds title to property and collects rental income primarily from a related tax-exempt organization, with the funds utilized to cover building expenses. The organization leases its property to Lifestream Services Inc., a related tax-exempt organization. The mission of Yorktown Properties Inc, in essence, is to facilitate the smooth operation of its property by providing it to a related organization, thereby ensuring the building expenses are covered.
Who is the CEO of Yorktown Properties Inc?
Monte Brown is the President of Yorktown Properties Inc.
What is the revenue of Yorktown Properties Inc?
Yorktown Properties Inc's revenue in 2022 was $187,737.
Who are the executives of Yorktown Properties Inc and what are their salaries?
Here are 5 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
- Compensation: $0
- Related: $10,690
- Other: $0
Where can I find the form 990 for Yorktown Properties Inc?
Yorktown Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yorktown Properties Inc
Yorktown Properties Inc, as a 500(c)(2) corporation, was founded for a specific purpose: to hold title to property and collect rental income from a related tax-exempt organization. This income is then utilized to cover the building expenses. In essence, Yorktown Properties Inc serves as a landlord for Lifesream Services Inc, a related tax-exempt organization. The corporation's mission is to provide a suitable space for the organization to carry out its activities, ensuring the building and related property are well-maintained and functional. By leasing its property to Lifesream Services Inc, Yorktown Properties Inc plays a crucial role in supporting the operations of this related organization.
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
Yorktown Properties Inc plays a significant role in the local community by facilitating the management of properties for related tax-exempt organizations. This corporation holds title to property and generates rental income, which is then utilized to cover building expenses. By leasing these properties to organizations like Lifestream Services Inc, Yorktown Properties ensures that essential services are supported and maintained, ultimately contributing to community well-being and enhancement. The focus on property management not only provides financial stability for related entities but also strengthens the support structure for services that benefit the residents of Yorktown.
This information is meant to be a general summary of Yorktown 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $97,104
- Gross Receipts: $187,737
Assets and Liabilities:
- Total Assets: $895,122
- Total Liabilities: $408,911
- Net Assets: $486,211
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$97,104
Organization Details
Founding Year
1996
Phone
(765) 759-1121Principal Officer
Monte Brown
Main Address
1701 PILGRIM BLVD, YORKTOWN, IN, 47396
NTEE Category
Code: S47 - Community improvement
If you are a representative of Yorktown Properties Inc 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.