Overview
What is League Of Minnesota Cities Building Company Inc?
League of Minnesota Cities Building Company Inc is a nonprofit organization located at 145 University Ave W, Saint Paul, MN 55103. Their primary mission is to manage and collect rent for a building and adjacent properties, which house the tax-exempt operations of the League of Minnesota Cities and the League of Minnesota Cities Insurance Trust. By doing so, they ensure the smooth operation of these entities within the provided premises.
Official website here: www.lmc.org
Is League Of Minnesota Cities Building Company Inc legitimate?
League Of Minnesota Cities Building Company Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. League Of Minnesota Cities Building Company 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
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Official website here: www.lmc.org
What is the mission statement of League Of Minnesota Cities Building Company Inc?
The League of Minnesota Cities Building Company Inc's mission is primarily focused on acquiring and managing properties, specifically the building and adjacent land. The company's primary objective is to collect rent from these properties. Notably, the income and expenses related to these properties are crucial to the operations that house the tax-exempt operations of the League of Minnesota Cities and the League of Minnesota Cities Insurance Trust. In essence, the company's role is to support the tax-exempt operations of these entities through property management.
Official website here: www.lmc.org
Who is the CEO of League Of Minnesota Cities Building Company Inc?
David Unmacht is the President of League Of Minnesota Cities Building Company Inc.
Official website here: www.lmc.org
What is the revenue of League Of Minnesota Cities Building Company Inc?
League Of Minnesota Cities Building Company Inc's revenue in 2022 was $833,033.
Official website here: www.lmc.org
Who are the executives of League Of Minnesota Cities Building Company Inc and what are their salaries?
There 5 volunteers at League Of Minnesota Cities Building Company Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $296,989
- Other: $37,248
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lmc.org
Where can I find the form 990 for League Of Minnesota Cities Building Company Inc?
League Of Minnesota Cities Building Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmc.org
Learn more at the official website: www.lmc.org
Mission Statement of League Of Minnesota Cities Building Company Inc
League of Minnesota Cities Building Company Inc's primary mission is centered around acquiring, holding title, and collecting rent for a building and its adjacent properties. This organization serves a unique role in supporting the tax-exempt operations of the League of Minnesota Cities and the League of Minnesota Cities Insurance Trust. All income and expenses associated with these properties are directly tied to the operations of the League-affiliated buildings. In essence, the League of Minnesota Cities Building Company Inc acts as a property manager, ensuring the smooth functioning of these buildings that house crucial tax-exempt operations.
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Impact
October, 2024
League Of Minnesota Cities Building Company Inc significantly contributes to the community by managing properties in support of vital municipal services. By acquiring and maintaining buildings and adjoining properties, it ensures that essential operations, such as those of the League of Minnesota Cities and the League of Minnesota Cities Insurance Trust, are housed in well-managed environments. This management includes collecting rent and overseeing the financial health associated with these properties, which directly supports the tax-exempt operations that benefit local municipalities across Minnesota.
The organization's activities help facilitate a stable and supportive infrastructure that local governments rely on, fostering community improvement and development. By creating a sustainable environment for these essential services, the League promotes collaboration and effective governance at the municipal level, ultimately enhancing the quality of life for residents in Minnesota.
This information is meant to be a general summary of League Of Minnesota Cities Building Company 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.
- Gross Receipts: $1,997,961
Assets and Liabilities:
- Total Assets: $6,477,208
- Total Liabilities: $208,299
- Net Assets: $6,268,909
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Organization Details
Founding Year
1994
Phone
(651) 281-1200Principal Officer
David Unmacht
Main Address
145 UNIVERSITY AVE W, SAINT PAUL, MN, 55103
Website
www.lmc.orgNTEE Category
Code: S47 - Community improvement
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