Overview
What is Tlo Tx1 Investments Llc C/O Tlo Real Estate Department?
Tlo Tx1 Investments LLC, located at 2600 Cordova Street, Anchorage, Alaska, is a unique nonprofit organization registered as a 501(C)(25) entity. The organization's primary purpose is to purchase real estate properties, hold title to them, and collect income from these assets. The profits generated from these properties, after deducting expenses, are then distributed among its members. Notably, the sole member of this LLC is the Alaska Mental Health Trust Authority, a government branch that meets the criteria for section 501(C)(25)(C). In summary, Tlo Tx1 Investments LLC serves as a real estate investment vehicle, with its profits contributing to the Alaska Mental Health Trust Authority's operations.
Is Tlo Tx1 Investments Llc C/O Tlo Real Estate Department legitimate?
Tlo Tx1 Investments Llc C/O Tlo Real Estate Department is a legitimate nonprofit organization registered as a 501(c)(25) entity. Tlo Tx1 Investments Llc C/O Tlo Real Estate Department 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 Tlo Tx1 Investments Llc C/O Tlo Real Estate Department?
Tlo Tx1 Investments LLC, through its real estate department, is primarily focused on acquiring, holding, and managing real property. The main objective is to collect income from these properties and distribute the net income, after deducting expenses, to its members. This organization operates as a means for generating revenue from real estate investments and distributing the proceeds to its members. The sole member of this LLC is the Alaska Mental Health Trust Authority, which meets the requirements for a 501(c)(25) organization. All distributions made by the LLC have been paid to the Alaska Mental Health Trust Authority.
Who is the CEO of Tlo Tx1 Investments Llc C/O Tlo Real Estate Department?
Jusdi Warner is the Jusdi Warner, Officer Of Manager As Of 9/1 of Tlo Tx1 Investments Llc C/O Tlo Real Estate Department.
What is the revenue of Tlo Tx1 Investments Llc C/O Tlo Real Estate Department?
Tlo Tx1 Investments Llc C/O Tlo Real Estate Department's revenue in 2022 was $1,806,569.
Who are the executives of Tlo Tx1 Investments Llc C/O Tlo Real Estate Department and what are their salaries?
There 1 volunteer at Tlo Tx1 Investments Llc C/O Tlo Real Estate Department.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $167,276
- Other: $21,924
- Compensation: $0
- Related: $179,210
- Other: $14,760
Where can I find the form 990 for Tlo Tx1 Investments Llc C/O Tlo Real Estate Department?
Tlo Tx1 Investments Llc C/O Tlo Real Estate Department's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tlo Tx1 Investments Llc C/O Tlo Real Estate Department
Tlo Tx1 Investments LLC, a 501(c)(25) organization, is dedicated to the acquisition, holding of title, and collection of income from real property. The primary objective of this organization is to remit the entire income from such properties, less expenses, to its members. This entity serves as a passive investment vehicle, channeling the revenue from its real estate holdings to its members, with the Alaska Mental Health Trust Authority being the sole member of the LLC. The Alaska Mental Health Trust Authority, a branch of government, meets the requirements of section 501(c)(25)(C), and has been the recipient of all distributions from Tlo Tx1 Investments LLC.
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Impact
June, 2024
Tlo Tx1 Investments Llc C/O Tlo Real Estate Department's impact lies in its focused activity of acquiring real property, holding title to it, and collecting income from the property, which is then remitted to its members. Specifically, this organization, a 501(C)(25) entity, directs its income (after expenses) to the Alaska Mental Health Trust Authority. By ensuring that the income generated from the real property goes towards supporting mental health initiatives through the Trust Authority, Tlo Tx1 Investments Llc plays a crucial role in advancing mental health services and programs in Alaska.
This information is meant to be a general summary of Tlo Tx1 Investments Llc C/O Tlo Real Estate Department. 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.
- Program Service Revenue: $1,806,569
- Gross Receipts: $1,806,569
Assets and Liabilities:
- Total Assets: $18,431,484
- Total Liabilities: $9,374,961
- Net Assets: $9,056,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,806,569
Organization Details
Founding Year
2014
Phone
(907) 269-8572Principal Officer
Jusdi Warner
Main Address
2600 CORDOVA STREET 201, ANCHORAGE, AK, 99503
NTEE Category
Code: F02 - Mental health
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