Overview
What is Bbbsoc Qalicb Inc?
Bbbsoc Qalicb Inc is a nonprofit organization located in Santa Ana, California, with an address at 1801 E Edinger Ave 101. The primary purpose of Bbbsoc Qalicb Inc is to facilitate the acquisition of a new operating facility for BBBsocie, a different organization, and manage the portion of this facility that is leased to unrelated third parties. The objective of Bbbsoc Qalicb Inc is to generate enough rental income to cover its operating costs and service the interest payments on its loan. This income-generating activity supports BBBsocie by ensuring its new facility is financially sustainable.
Is Bbbsoc Qalicb Inc legitimate?
Bbbsoc Qalicb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bbbsoc Qalicb Inc 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 Bbbsoc Qalicb Inc?
Bbbsoc Qalicb Inc was established with the primary objective of supporting Bbbsoc by managing a portion of its new operating facility that is leased to unrelated third parties. The primary function of Bbbsoc Qalicb Inc is to generate sufficient rental income to cover its operational costs and service the interest payments on its loan. This income generation is crucial in facilitating the acquisition of the operating facility for Bbbsoc. The mission of Bbbsoc Qalicb Inc can be seen as an essential support system for Bbbsoc, ensuring its financial stability and enabling the successful operation of its new facility. The organization's role is to manage the leased portion of the facility effectively, thereby generating the necessary revenue to support Bbbsoc's operations and loan repayments.
Who is the CEO of Bbbsoc Qalicb Inc?
Sloane Keane is the Ceo of Bbbsoc Qalicb Inc. The CEO's salary of Bbbsoc Qalicb Inc is $0 and their total compensation is $317,782.
What is the revenue of Bbbsoc Qalicb Inc?
Bbbsoc Qalicb Inc's revenue in 2023 was $280,474.
Who are the executives of Bbbsoc Qalicb Inc and what are their salaries?
There 5 volunteers at Bbbsoc Qalicb Inc.
Here are 7 key members and their salaries (Bbbsoc Qalicb Inc's CEO's salary is $0 and their total compensation is $317,782):
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $305,513
- Other: $12,269
- Compensation: $0
- Related: $145,760
- Other: $18,814
Where can I find the form 990 for Bbbsoc Qalicb Inc?
Bbbsoc Qalicb Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bbbsoc Qalicb Inc
Bbbsoc Qalicb Inc, with its objective in mind, was established to support Bbbsoc by generating sufficient rental income. This income is intended to cover the operating costs of the newly acquired facility and service the interest payments on its loan. By managing the portion of the operating facility that is leased to unrelated third parties, Bbbsoc Qalicb Inc contributes to Bbbsoc's financial stability, ensuring the continuity of its operations.
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Impact
October, 2024
Bbbsoc Qalicb Inc plays a significant role in enhancing the operational capabilities of BBBSOC by facilitating the acquisition of its new operating facility in Santa Ana, CA. By managing a portion of this facility that is leased to unrelated third parties, it generates rental income that is crucial for covering operating costs. This financial support helps stabilize BBBSOC's operations, allowing the organization to focus on its mission of youth development. Through this strategic management, Qalicb ensures that BBBSOC remains sustainable and can continue providing valuable services to the community. In summary, the impact of Bbbsoc Qalicb Inc is evidenced in its ability to secure financial resources that directly support youth development initiatives.
This information is meant to be a general summary of Bbbsoc Qalicb Inc. 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.
- Program Service Revenue: $181,780
- Gross Receipts: $806,582
Assets and Liabilities:
- Total Assets: $7,982,109
- Total Liabilities: $57,809
- Net Assets: $7,924,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$181,780
Organization Details
Founding Year
2014
Phone
(714) 619-7012Principal Officer
Sloane Keane
Main Address
1801 E EDINGER AVE 101, SANTA ANA, CA, 92705
NTEE Category
Code: O23 - Youth development
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