Overview
What is 17909 Soledad Canyon Corp?
17909 Soledad Canyon Corp is a nonprofit organization, established with a specific purpose. Located in San Mateo, California, its primary objective is to acquire and hold property in Santa Clarita, CA. The income generated from this property is then collected and remitted to its shareholder, which is a pension plan. The corporation operates under this mission, focusing on real estate investments to support the pension plan's financial growth.
Is 17909 Soledad Canyon Corp legitimate?
17909 Soledad Canyon Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. 17909 Soledad Canyon 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 17909 Soledad Canyon Corp?
The 17909 Soledad Canyon Corp was established with the primary objective of acquiring property and holding title to it. Its primary function is to collect and subsequently remit the income generated from this property to its shareholder, which is a pension plan. In essence, the corporation serves as a vehicle for property investment and income distribution to its pension plan shareholder.
Who is the CEO of 17909 Soledad Canyon Corp?
Victor Kwok is the Director of 17909 Soledad Canyon Corp.
What is the revenue of 17909 Soledad Canyon Corp?
17909 Soledad Canyon Corp's revenue in 2022 was $906,658.
Who are the executives of 17909 Soledad Canyon Corp 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 17909 Soledad Canyon Corp?
17909 Soledad Canyon Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 17909 Soledad Canyon Corp
17909 Soledad Canyon Corp, as a corporation, was formed with a specific purpose. Its mission is centered around acquiring and holding title to property, serving primarily as a means to collect and remit income to its shareholder, which is a pension plan. Essentially, the corporation's role is to manage property for the benefit of its pension plan shareholder, generating income through this property and distributing it accordingly. This mission is a crucial part of the corporation's operations, ensuring its primary focus remains on the financial wellbeing of its shareholder, the pension plan.
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Impact
October, 2024
17909 Soledad Canyon Corp significantly influences the Santa Clarita area through its strategic acquisition and management of property. By holding title to land in this region, the organization contributes to local property development and stability, which can enhance the overall community infrastructure. Additionally, the collection and remittance of income to a pension plan supports long-term financial security for beneficiaries, thereby indirectly benefiting the community by ensuring that funds are invested in ways that can stimulate local economic activity. This focus on property and income generation fosters community improvement and supports the well-being of its stakeholders.
This information is meant to be a general summary of 17909 Soledad Canyon 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.
- Investment Income: $953,149
- Gross Receipts: $6,475,644
Assets and Liabilities:
- Total Assets: $6,051,545
- Total Liabilities: $32,744
- Net Assets: $6,018,801
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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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