Overview
What is Ocean Ranch Boulevard 3605 Corp?
Ocean Ranch Boulevard 3605 Corp is a nonprofit organization established with the primary objective of acquiring and holding title to property located in Oceanside, California. Its primary mission is to collect and remit income to its shareholder, which is a pension plan. This corporation operates with a focus on property ownership and income management for its pension plan shareholder.
Is Ocean Ranch Boulevard 3605 Corp legitimate?
Ocean Ranch Boulevard 3605 Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Ocean Ranch Boulevard 3605 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Ocean Ranch Boulevard 3605 Corp?
Ocean Ranch Boulevard 3605 Corp was established with a mission to acquire and hold title to property, specifically located in Oceanside, California. The primary objective of this corporation is to collect and remit the income generated from this property to its shareholder, which happens to be a pension plan. This corporation functions as a vehicle for the pension plan to invest in real estate and generate income.
What is the revenue of Ocean Ranch Boulevard 3605 Corp?
Ocean Ranch Boulevard 3605 Corp's revenue in 2023 was $1,104,566.
Who are the executives of Ocean Ranch Boulevard 3605 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 Ocean Ranch Boulevard 3605 Corp?
Ocean Ranch Boulevard 3605 Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ocean Ranch Boulevard 3605 Corp
Ocean Ranch Boulevard 3605 Corp was established with a specific purpose: to acquire and hold title to property. This corporation, however, is unique in its intent as it serves as a pension plan's shareholder. Its primary mission is to collect and remit income derived from this property to its shareholder, which is a pension plan. Essentially, Ocean Ranch Boulevard 3605 Corp operates as a real estate holding company, with its income generation contributing to the financial well-being of its shareholder pension plan.
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Impact
October, 2024
Ocean Ranch Boulevard 3605 Corp plays a significant role in enhancing the community and economic landscape of Oceanside, California. By acquiring and managing property in this area, it not only contributes to local real estate stability but also generates income that is directed towards a pension plan, indicating a commitment to long-term financial health for its stakeholders. The organization's efforts support the broader community by ensuring property maintenance and potential development, which can lead to increased property values and improved neighborhoods.
Additionally, the tangible presence of well-maintained properties enhances the overall aesthetic and livability of Oceanside, contributing to community improvement initiatives. Overall, Ocean Ranch Boulevard 3605 Corp's activities create a positive ripple effect that benefits the local economy while also securing financial resources for future needs, thereby fostering community growth and sustainability.
This information is meant to be a general summary of Ocean Ranch Boulevard 3605 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 2023.
- Investment Income: $91
- Gross Receipts: $2,429,949
Assets and Liabilities:
- Total Assets: $26,444,515
- Total Liabilities: $378,015
- Net Assets: $26,066,500
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Organization Details
Founding Year
2013
Principal Officer
Victor T Kwok
NTEE Category
Code: S47 - Community improvement
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