Academy 1740 Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431485548 ✦ Leawood, KS ✦ Designated as a 501(c)(2)

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Overview

What is Academy 1740 Inc?

Academy 1740 Inc, based in Leawood, Kansas, is a specialized title holding company. Their primary role involves managing and safeguarding titles for various real estate organizations within their locality. By providing this service, Academy 1740 plays a crucial role in the real estate industry, ensuring smooth transactions and maintaining the integrity of property titles.

Is Academy 1740 Inc legitimate?

Academy 1740 Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Academy 1740 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 Academy 1740 Inc?

Academy 1740 Inc serves as a title-holding company, primarily focusing on real estate organizations. Its core mission is to secure and manage title documentation for these organizations, ensuring seamless real estate transactions. By specializing in title holding, Academy 1740 Inc plays a significant role in facilitating property transactions, thereby contributing to the overall real estate market. The company's activities are centered around title management, ensuring accuracy, security, and efficiency in the title processing process. It is crucial to note that Academy 1740 Inc operates independently of any specific location, focusing on providing its services to various real estate organizations.

Who is the CEO of Academy 1740 Inc?

R Shawn Martin is the President of Academy 1740 Inc.

What is the revenue of Academy 1740 Inc?

Academy 1740 Inc's revenue in 2022 was $4,820,829.

Who are the executives of Academy 1740 Inc and what are their salaries?


Here are 6 key members and their salaries:


R Shawn Martin (President)
  • Compensation: $0
  • Related: $773,737
  • Other: $92,801
Shannon Scott (Vice President)
  • Compensation: $0
  • Related: $534,540
  • Other: $108,380
Charlotte Kerner (Treasurer)
  • Compensation: $0
  • Related: $343,182
  • Other: $94,934
Heather Leith (Secretary)
  • Compensation: $0
  • Related: $336,447
  • Other: $59,595
Todd Dicus (Vice President To 2/21)
  • Compensation: $0
  • Related: $303,994
  • Other: $26,806
Douglas Henley Md (President To 8/20)
  • Compensation: $0
  • Related: $6,671
  • Other: $0
Where can I find the form 990 for Academy 1740 Inc?

Academy 1740 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Academy 1740 Inc

Academy 1740 Inc, as a title holding company, specializes in managing property titles for various real estate organizations. In simpler terms, the organization serves as a custodian of title deeds for multiple real estate entities, ensuring the security and legitimacy of their property ownership records. By performing this crucial function, Academy 1740 Inc plays a vital role in maintaining the integrity of the real estate market, providing peace of mind to the real estate organizations it serves.

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Impact




October, 2024

Academy 1740 Inc significantly impacts the community by facilitating real estate activities that support various organizations in Leawood, KS. By specializing in title holding, the organization plays a crucial role in ensuring smooth property transactions and ownership transitions, which can contribute to the overall stability and development of the real estate market in the area. This support helps foster community improvement initiatives, potentially providing a foundation for local growth, enhancing property values, and promoting investment in the community. Through its activities, Academy 1740 Inc enhances the infrastructure and vitality of Leawood, ultimately benefiting residents and businesses alike.




This information is meant to be a general summary of Academy 1740 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.

Revenue
$4,820,829 (2022)
Expenses
$3,800,963 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $327,257
  • Program Service Revenue: $4,493,572
  • Gross Receipts: $4,836,511

Assets and Liabilities:

  • Total Assets: $30,784,453
  • Total Liabilities: $15,254,564
  • Net Assets: $15,529,889

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$4,493,572

Organization Details

Founding Year

1988

Principal Officer

R Shawn Martin

Main Address

11400 TOMAHAWK CREEK PARKWAY, LEAWOOD, KS, 66211

NTEE Category

Code: S47 - Community improvement

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