Overview
What is Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp?
Knickerbocker Properties Xxxix C/O Sentinel Real Estate Corp is a pension benefit organization, specifically serving as a title holder for various properties. Its primary purpose is to manage these properties on behalf of the New York State Teachers' Retirement System (NYSTRS) Pension Benefit Organization. This role allows Knickerbocker Properties Xxxix to contribute to the financial well-being of the retirement system by ensuring the proper use and maintenance of the titled properties. By acting as a pension benefit organization, Knickerbocker Properties Xxxix plays a significant role in the financial security of its associated pension system.
Is Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp legitimate?
Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp 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 Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxix, under the custody of Sentinel Real Estate Corp, serves a specific purpose as a pension benefit organization. Its primary function is to hold title to various properties, acting as a trustee, for the benefit of the New York State Teachers' Retirement System (NYSTRS) pension benefit organization. In essence, Knickerbocker Properties Xxxix plays a crucial role in managing and safeguing real estate assets, which contribute to the financial well-being of the pension fund beneficiaries associated with NYSTRS.
Who is the CEO of Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp?
Michael Streicker is the President of Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp.
What is the revenue of Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp's revenue in 2022 was $2,451,773.
Who are the executives of Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp?
Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp
Knickerbocker Properties Inc Xxxix, under the stewardship of Sentinel Real Estate Corp, serves a unique role as a pension benefit organization. Its primary mission is to hold title to various properties on behalf of the New York State Teachers' Retirement System (NYSTRS) pension benefit organization. By doing so, Knickerbocker Properties Xxxix contributes to the financial security and retirement plans of the organization's members, ensuring a stable future for those who have dedicated their careers to the education sector. The pension benefit organization's role in property management and ownership is a testament to its commitment to the long-term well-being of its beneficiaries.
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Impact
October, 2024
Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp plays a crucial role in the real estate and pension landscape, particularly in supporting the New York State Teachers Retirement System (NYSTRS). By holding title to various properties, this organization ensures the preservation and growth of pension benefits for teachers and educational staff in New York.
The impact of Knickerbocker Properties extends beyond the immediate financial aspects to contribute to community improvement. By managing properties effectively, it enhances local real estate values and contributes to the overall economic stability of the neighborhoods in which these properties are located. The organization's commitment to maintaining and optimizing these assets fosters community development, providing spaces that benefit residents and local economies.
Overall, Knickerbocker Properties serves as a vital link between real estate management and pension sustainability, reinforcing the importance of sound asset management while supporting the well-being of its beneficiaries in the educational sector.
This information is meant to be a general summary of Knickerbocker Properties Inc Xxxix C/O Sentinel Real Estate Corp. 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: $4,240,033
Assets and Liabilities:
- Total Assets: $58,134,439
- Total Liabilities: $18,471,541
- Net Assets: $39,662,898
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Organization Details
Founding Year
2002
Phone
(212) 408-5007Principal Officer
Michael Streicker
Main Address
1251 AVE OF THE AMERICAS 35TH FL, NEW YORK, NY, 10020
NTEE Category
Code: S47 - Community improvement
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