Overview
What is Ctpf Holding Corporation?
Ctpf Holding Corporation functions as a title holding company for rental real estate on behalf of an exempt organization. Based in Los Angeles, California, this entity acquires property titles and manages all income, expenses, and the submission of excess revenue to the organization. In essence, Ctpf Holding Corporation acts as a facilitator, ensuring efficient management of the rental properties and their related financial aspects for the exempt organization.
What are the reviews and ratings of this charity?
CTPF Holding Corporation is currently not rated by Charity Navigator. This lack of a rating is due to its status as not being registered as a 501(c)(3) nonprofit with the IRS, which is a requirement for evaluation by Charity Navigator. The absence of a formal rating should not be interpreted as either positive or negative.
Without a 501(c)(3) status, CTPF Holding Corporation cannot be assessed using the Accountability & Finance, Culture & Community, or Impact & Measurement methodologies typically employed by Charity Navigator. The organization also lacks available data on revenue, expenses, and key personnel salaries, further limiting evaluation.
Furthermore, there are no user reviews available for CTPF Holding Corporation on GreatNonprofits, leaving a gap in qualitative insights from personal experiences or community interactions with the organization. As such, potential supporters or stakeholders may need to seek additional channels for assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Ctpf Holding Corporation legitimate?
Ctpf Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. Ctpf Holding Corporation 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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What is the mission statement of Ctpf Holding Corporation?
CTPF Holding Corporation functions as a title holding company for an exempt organization's rental real estate holdings. The corporation assumes ownership of the properties and oversees the generation of income, as well as tracking and submitting any excess revenue over expenses to the exempt organization. CTPF Holding Corporation is dedicated to effectively managing these rental properties on behalf of the organization.
Who is the CEO of Ctpf Holding Corporation?
Stanley L Iezman is the CEO of Ctpf Holding Corporation The CEO's salary of Ctpf Holding Corporation is $0 and their total compensation is $0.
What is the revenue of Ctpf Holding Corporation?
Ctpf Holding Corporation's revenue in 2023 was $1,455,253.
Who are the executives of Ctpf Holding Corporation and what are their salaries?
There 3 volunteers at Ctpf Holding Corporation.
Here are 14 key members and their salaries (Ctpf Holding Corporation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Ctpf Holding Corporation?
Ctpf Holding Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ctpf Holding Corporation
Ctpf Holding Corporation, a title holding company, plays a vital role in managing rental real estate on behalf of an exempt organization. The corporation's mission is to secure the title to real properties for the exempt organization and oversee the generation of income from these properties. Ctpf Holding Corporation meticulously manages the income and expenses related to the rental real estate, ensuring that any excess revenue is submitted to the exempt organization.
By assuming ownership of the rental properties, Ctpf Holding Corporation acts as a trusted steward, safeguarding the interests of the exempt organization. The corporation's extensive experience and expertise in real estate management enable it to effectively maintain the properties and maximize their potential value. Furthermore, Ctpf Holding Corporation's dedication to its mission ensures that the exempt organization benefits from the financial gains derived from the rental properties.
In summary, Ctpf Holding Corporation, a title holding company, serves as an essential partner to an exempt organization in managing its rental real estate holdings. Through its mission, the corporation ensures the acquisition and management of real properties, generating income, and submitting excess revenues to the exempt organization. Its commitment to this role allows the exempt organization to focus on its primary objectives, while Ctpf Holding Corporation expertly manages its real estate investments.
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Impact
October, 2024
CTPF Holding Corporation plays a significant role in the management and optimization of rental real estate assets. By acquiring and holding title to properties, it ensures that the real estate investments are effectively managed, maximizing both income and operational efficiency. The corporation takes charge of the various financial components, including tracking income and expenses, which allows for streamlined financial oversight and better resource allocation.
Its focus on community improvement is vital, as the management of rental properties can lead to enhanced neighborhood stability and economic growth. By channeling excess income from these properties back to the exempt organization, CTPF Holding Corporation contributes to broader initiatives that support community development. Operating from Los Angeles, CA, it is well-positioned to address local housing needs and contribute positively to the urban landscape. Overall, CTPF Holding Corporation’s activities foster sustainable real estate management practices that benefit both the organization it serves and the surrounding community.
This information is meant to be a general summary of Ctpf Holding Corporation. 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 2023.
- Investment Income: $3,054
- Gross Receipts: $3,386,630
Assets and Liabilities:
- Total Assets: $76,490,062
- Total Liabilities: $29,330,261
- Net Assets: $47,159,801
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Organization Details
Founding Year
2012
Principal Officer
Chad Patterson
NTEE Category
Code: S470 - Community improvement
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