Overview
What is Quincy Office Investors Inc C/O Ubs Realty Investors Llc?
Quincy Office Investors Inc, under the management of UBS Realty Investors LLC, is a title-holding organization based in Hartford, Connecticut. Its primary function involves acquiring and maintaining ownership of various real estate properties. The company collects income generated from these properties and distributes it to its stockholders, which include multiple Alaska state pension plans that enjoy tax-exempt status. As a title holding company, Quincy Office Investors plays a crucial role in the real estate market, contributing to property ownership and income distribution in the specified locations.
Is Quincy Office Investors Inc C/O Ubs Realty Investors Llc legitimate?
Quincy Office Investors Inc C/O Ubs Realty Investors Llc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Quincy Office Investors Inc 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 Quincy Office Investors Inc C/O Ubs Realty Investors Llc?
Quincy Office Investors Inc C/O UBS Realty Investors LLC operates as a title holding company, acquiring and maintaining ownership of real estate properties. Its primary role involves collecting income generated from these properties and distributing it to its shareholders, which include several tax-exempt pension plans from Alaska. The company's operations are not focused on actively managing or developing the properties, but rather, it serves as a passive income generator for its investors.
What is the revenue of Quincy Office Investors Inc C/O Ubs Realty Investors Llc?
Quincy Office Investors Inc C/O Ubs Realty Investors Llc's revenue in 2024 was $46,836.
Who are the executives of Quincy Office Investors Inc C/O Ubs Realty Investors Llc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Quincy Office Investors Inc C/O Ubs Realty Investors Llc?
Quincy Office Investors Inc C/O Ubs Realty Investors Llc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Quincy Office Investors Inc C/O Ubs Realty Investors Llc
Quincy Office Investors Inc., acting as a title holding company, plays a vital role in acquiring and holding the titles to various real estate properties. This organization's primary objective is to collect income derived from these properties and subsequently distribute these earnings to its shareholders, which mainly consist of tax-exempt state pension plans hailing from Alaska. By performing these functions, Quincy Office Investors Inc. serves as a crucial intermediary between real estate ownership and the beneficiaries of the pension funds, contributing to the financial stability of these pension plans.
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Impact
October, 2024
Quincy Office Investors Inc, operating as a title holding company, plays a significant role in the real estate sector by acquiring and managing various properties. This function not only preserves and enhances property values but also generates income through leases and other property-related activities. The income collected is then remitted to stockholders, including state pension plans from Alaska that benefit from tax-exempt status.
By facilitating real estate investments and providing returns to stockholders, Quincy Office Investors supports the financial stability of these pension plans, which ultimately contributes to the well-being of retirees relying on these funds. Furthermore, by focusing on community improvement through strategic property management and acquisition, Quincy Office Investors positively impacts the local economy in Hartford, CT, and surrounding areas, fostering growth and development in the real estate market.
This information is meant to be a general summary of Quincy Office Investors Inc 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 2024.
- Investment Income: $1,200
- Program Service Revenue: $29,264
- Gross Receipts: $46,836
Assets and Liabilities:
- Total Assets: $14,204,895
- Total Liabilities: $287,763
- Net Assets: $13,917,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$29,264
Organization Details
Founding Year
2005
Principal Officer
Jeffrey G Maguire
NTEE Category
Code: S470 - Community improvement
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