Overview
What is Sixteen Hundred Eye Street Corporation?
Sixteen Hundred Eye Street Corporation is a title holding company based in Washington, D.C., with an address at 888 Sixteenth Street NW, 20006. The organization primarily manages and owns a commercial office condominium situated at 1600 Eye St. This condo space is entirely owned and occupied by its parent company, Motion Picture Association, Inc., which falls under the category of a 501(C)6 corporation. In essence, Sixteen Hundred Eye Street Corporation serves as a real estate entity overseeing the administration of its commercial property.
Is Sixteen Hundred Eye Street Corporation legitimate?
Sixteen Hundred Eye Street Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Sixteen Hundred Eye Street Corporation 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 Sixteen Hundred Eye Street Corporation?
The Sixteen Hundred Eye Street Corporation's primary objective is to manage and oversee a title holding company, specifically focusing on a commercial office condominium. This organization serves as a wholly owned subsidiary of a 501(C)6 corporation. Its main function involves administering and maintaining this commercial property, providing essential services to ensure its smooth operation. The sole occupant of this condominium is a different entity, the Motion Picture Association, Inc. It's important to note that the mission statement does not outline any specific social, charitable, or advocacy goals beyond managing the commercial property.
What is the revenue of Sixteen Hundred Eye Street Corporation?
Sixteen Hundred Eye Street Corporation's revenue in 2021 was $480,093.
Who are the executives of Sixteen Hundred Eye Street Corporation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $214,310
- Other: $20,119
- Compensation: $0
- Related: $181,967
- Other: $14,310
- Compensation: $0
- Related: $131,938
- Other: $15,317
- Compensation: $0
- Related: $77,036
- Other: $12,003
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sixteen Hundred Eye Street Corporation?
Sixteen Hundred Eye Street Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Sixteen Hundred Eye Street Corporation
The Sixteen Hundred Eye Street Corporation, a subsidiary of a 501(C)6 corporation, is dedicated to managing and overseeing a commercial office condominium. This organization's primary mission involves administering this title holding company, ensuring the property's smooth operation and maintenance. The Sixteen Hundred Eye Street Corporation operates as a self-contained entity, with its sole occupant being the Motion Picture Association, Inc. In essence, the corporation's purpose is to provide a suitable and well-managed commercial space for its primary tenant, contributing to their overall business operations.
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Impact
October, 2024
Sixteen Hundred Eye Street Corporation plays a significant role in managing and operating a commercial office condominium located at 1600 Eye Street in Washington, DC. By serving as a title holding company, it ensures the effective administration of the property, which is entirely occupied by its parent organization, the Motion Picture Association, Inc. This oversight contributes to the stability and functionality of the office space, facilitating the operations of an influential industry organization, and indirectly benefiting the surrounding community by maintaining a well-managed commercial environment. Furthermore, its focus on community improvement enhances the business landscape in Washington, DC, promoting economic activity and providing a centralized location for important industry discussions and activities.
This information is meant to be a general summary of Sixteen Hundred Eye Street Corporation. 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 2021.
- Investment Income: $216,967
- Program Service Revenue: $263,126
- Gross Receipts: $15,578,445
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$263,126
Organization Details
Founding Year
1967
Principal Officer
David England
NTEE Category
Code: S47 - Community improvement
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