Overview
What is 4240 Tweedy Boulevard Inc?
4240 Tweedy Boulevard Inc is a nonprofit organization established with a specific purpose. Situated in San Mateo, California, its primary objective is to acquire and maintain property in South Gate, California. The primary function of this organization is to collect and disburse income generated from the property to its shareholder, which is a pension plan. This nonprofit's role is limited to property acquisition and income management, serving as a financial asset for the pension plan.
Is 4240 Tweedy Boulevard Inc legitimate?
4240 Tweedy Boulevard Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 4240 Tweedy Boulevard 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:
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What is the mission statement of 4240 Tweedy Boulevard Inc?
4240 Tweedy Boulevard Inc was established with the primary objective of acquiring and maintaining property title, and subsequently collecting and distributing the income generated from this property to a pension plan as its shareholder. The company's mission is centered around property acquisition and income management, with the ultimate beneficiary being a pension plan. This pension plan likely utilizes the income generated from the property to support its beneficiaries, such as retired employees or individuals saving for retirement.
Who is the CEO of 4240 Tweedy Boulevard Inc?
Victor Kwok is the Director of 4240 Tweedy Boulevard Inc.
What is the revenue of 4240 Tweedy Boulevard Inc?
4240 Tweedy Boulevard Inc's revenue in 2022 was $1,018,233.
Who are the executives of 4240 Tweedy Boulevard Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for 4240 Tweedy Boulevard Inc?
4240 Tweedy Boulevard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 4240 Tweedy Boulevard Inc
4240 Tweedy Boulevard Inc was established with a specific mission in mind. Its primary objective is to acquire and hold title to property, with the purpose of collecting and remitting income to a pension plan, serving as its shareholder. In simpler terms, this nonprofit organization was formed to manage a property investment, generating income that is then channeled towards a pension plan. This mission demonstrates a focused and strategic approach to financial management, with the dual goal of property acquisition and pension plan funding.
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Impact
October, 2024
4240 Tweedy Boulevard Inc plays a significant role in the South Gate community by acquiring and managing property that generates income. This income is then remitted to a pension plan, which contributes to the financial stability and well-being of its beneficiaries. By holding title to valuable real estate, the organization not only supports the economic framework of the area but also enhances property management practices.
The presence of 4240 Tweedy Boulevard Inc allows for long-term investments in community infrastructure, which can lead to improvements in local services and facilities. Additionally, its activities contribute to community enhancement by ensuring that property is well-maintained and utilized effectively.
Overall, the organization fosters a positive impact on both individual shareholders and the broader community, reinforcing economic resilience and encouraging community improvement initiatives in South Gate, CA.
This information is meant to be a general summary of 4240 Tweedy Boulevard 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.
- Investment Income: $959,803
- Gross Receipts: $3,775,607
Assets and Liabilities:
- Total Assets: $68,661
- Total Liabilities: $0
- Net Assets: $68,661
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Organization Details
Founding Year
2012
Phone
(650) 343-6333Principal Officer
Victor Kwok
Main Address
2025 PIONEER CT, SAN MATEO, CA, 94403
NTEE Category
Code: S47 - Community improvement
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