Overview
What is Bridgeway Properties Corporation?
Bridgeway Properties Corporation, based in Galesburg, Illinois, serves as a property management entity. Their primary role involves holding title to properties and generating income through leasing activities. Additionally, Bridgeway Properties Corporation extends its services to other organizations, providing them with necessary facilities and resources. This multifaceted organization contributes to the broader community by offering its resources and properties for use by various entities.
Is Bridgeway Properties Corporation legitimate?
Bridgeway Properties Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bridgeway Properties Corporation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bridgeway Properties Corporation?
Bridgeway Properties Corporation's mission, as stated, involves providing services and facilities to various organizations. In essence, the corporation serves as a landlord, leasing out its properties to generate income. By doing so, it contributes to the operational needs of other organizations, fulfilling a crucial role in their operations. However, it's important to note that the provided information does not detail the specific nature of these services or facilities, or the industries these organizations belong to.
Who is the CEO of Bridgeway Properties Corporation?
William Nelson is the Vice Chairman of Bridgeway Properties Corporation. The CEO's salary of Bridgeway Properties Corporation is $0 and their total compensation is $0.
What is the revenue of Bridgeway Properties Corporation?
Bridgeway Properties Corporation's revenue in 2022 was $1,410,412.
Who are the executives of Bridgeway Properties Corporation and what are their salaries?
Here are 8 key members and their salaries (Bridgeway Properties Corporation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Bridgeway Properties Corporation?
Bridgeway Properties Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bridgeway Properties Corporation
Bridgeway Properties Corporation, as outlined in the provided information, is an organization that focuses on providing services and facilities to other organizations. In essence, their mission is centered around leasing out property, thereby collecting income. This corporation does not operate as a nonprofit, but rather, it functions to support various organizations by offering them the use of its properties. This service-oriented approach allows other organizations to concentrate on their primary objectives, while Bridgeway Properties Corporation manages the property aspect of their operations.
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Impact
October, 2024
Bridgeway Properties Corporation plays a significant role in community improvement by providing essential services and facilities to various organizations. By holding title to properties and managing leasing activities, the organization generates income that can be reinvested into the community. This not only supports local development but also enhances the availability of resources and spaces for other organizations to operate effectively. As a result, Bridgeway Properties Corporation contributes to a stronger and more vibrant community in Galesburg, IL, fostering collaboration and growth among various entities.
This information is meant to be a general summary of Bridgeway Properties Corporation. 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: $7,446
- Program Service Revenue: $1,379,266
- Gross Receipts: $1,633,292
Assets and Liabilities:
- Total Assets: $9,166,800
- Total Liabilities: $2,217,812
- Net Assets: $6,948,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,379,266
Organization Details
Founding Year
1986
Phone
(309) 344-2323Principal Officer
William Nelson
Main Address
2323 N WINDISH DRIVE, GALESBURG, IL, 61401
NTEE Category
Code: S47 - Community improvement
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