Overview
What is Larkspur Landing 100 Corp?
Larkspur Landing 100 Corp is a corporation primarily focused on real estate investments. Their main objective is to acquire properties, either directly or through a subsidiary, and maintain ownership. They generate income from these properties and subsequently distribute the entire earnings to their shareholders. In essence, Larkspur Landing 100 Corp serves as a conduit for real estate investment returns, passing the profits directly to their shareholders.
Is Larkspur Landing 100 Corp legitimate?
Larkspur Landing 100 Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Larkspur Landing 100 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 Larkspur Landing 100 Corp?
Larkspur Landing 100 Corp's mission is centered around acquiring real property and holding the title to it. The primary objective is to generate income from this property. This income is then redistributed entirely to the corporation's shareholders. Essentially, the company's role is to acquire, maintain ownership of, and distribute the income derived from real estate investments to its shareholders.
Who is the CEO of Larkspur Landing 100 Corp?
Victor Kwok is the President of Larkspur Landing 100 Corp.
What is the revenue of Larkspur Landing 100 Corp?
Larkspur Landing 100 Corp's revenue in 2022 was $887,450.
Who are the executives of Larkspur Landing 100 Corp and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Larkspur Landing 100 Corp?
Larkspur Landing 100 Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Larkspur Landing 100 Corp
Larkspur Landing 100 Corp's primary mission is centered around the acquisition of real property. This organization holds the title to the acquired properties, either directly or through a subsidiary. The main objective of Larkspur Landing 100 Corp is to generate income from these properties and subsequently distribute the entire amount to its shareholders. In simpler terms, the corporation's mission is to invest in real estate, manage the properties, and then redistribute the income gained from these investments back to its shareholders.
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Impact
October, 2024
Larkspur Landing 100 Corp impacts its stakeholders by focusing on the acquisition and management of real property. By holding title to these properties, the organization effectively generates income that is then remitted entirely to its shareholders. This process not only benefits shareholders through dividend-like income but also contributes to local economies through property management and maintenance.
Based in San Mateo, California, Larkspur Landing 100 Corp plays a role in the real estate market by holding properties that can influence community development and property values. Additionally, its activities can potentially enhance local employment opportunities related to property management and services. Overall, the corporation's emphasis on real estate acquisition and income distribution reinforces a model of mutual benefit, aligning the interests of shareholders and the surrounding community.
This information is meant to be a general summary of Larkspur Landing 100 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: $1,764
- Program Service Revenue: $878,357
- Gross Receipts: $887,450
Assets and Liabilities:
- Total Assets: $8,960,482
- Total Liabilities: $200,004
- Net Assets: $8,760,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASE RENT
Revenue
$815,513
COMMON AREA MAINTENANC
Revenue
$62,844
Organization Details
Founding Year
2013
Phone
(650) 343-6333Principal Officer
Victor Kwok
Main Address
2025 PIONEER COURT, SAN MATEO, CA, 94403
NTEE Category
Code: Y30 - Mutual benefit
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