Overview
What is The 1625 Massachusetts Ave Nw Corp?
The 1625 Massachusetts Ave Nw Corp is a corporation that offers office space to a related tax-exempt organization. This organization is strategically located at 7950 Jones Branch Drive Suite 400S, McLean, Virginia, 22102. Its primary function is to provide a suitable working environment for a nonprofit entity, thereby supporting its mission and activities. Although the nature of the nonprofit organization is not detailed in the provided information, it can be inferred that by offering office space, The 1625 Massachusetts Ave Nw Corp contributes to the nonprofit's operational efficiency and overall success.
Is The 1625 Massachusetts Ave Nw Corp legitimate?
The 1625 Massachusetts Ave Nw Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. The 1625 Massachusetts Ave Nw 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The 1625 Massachusetts Ave Nw Corp?
The 1625 Massachusetts Ave Corp's mission is centered around providing office space to a related tax-exempt organization. This commitment is aimed at offering a conducive work environment to such organizations, thereby supporting their operations and objectives. By providing office space, this corporation contributes to the overall mission of the associated tax-exempt organization, allowing it to carry out its charitable activities more efficiently. The specific activities and goals of the tax-exempt organization are not defined within the provided information.
Who is the CEO of The 1625 Massachusetts Ave Nw Corp?
Jason Ambrosi is the Principal Officer of The 1625 Massachusetts Ave Nw Corp.
What is the revenue of The 1625 Massachusetts Ave Nw Corp?
The 1625 Massachusetts Ave Nw Corp's revenue in 2022 was $348,837.
Who are the executives of The 1625 Massachusetts Ave Nw Corp and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $841,198
- Other: $62,410
- Compensation: $0
- Related: $680,979
- Other: $79,742
- Compensation: $0
- Related: $180,686
- Other: $0
- Compensation: $0
- Related: $167,043
- Other: $0
- Compensation: $0
- Related: $95,282
- Other: $0
Where can I find the form 990 for The 1625 Massachusetts Ave Nw Corp?
The 1625 Massachusetts Ave Nw Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The 1625 Massachusetts Ave Nw Corp
The 1625 Massachusetts Ave Nw Corp's mission is centered around providing office space to a related tax-exempt organization. This organization serves as a supportive hub, offering a conducive workspace for its tax-exempt counterpart. By offering office space, The 1625 Massachusetts Ave Nw Corp contributes to the operation and success of this affiliated nonprofit organization. This mission allows the related nonprofit to focus on its primary objectives, without the burden of securing and maintaining a physical workspace, thereby enabling it to serve its intended beneficiaries more effectively.
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Impact
October, 2024
The 1625 Massachusetts Ave NW Corp plays a vital role in promoting community improvement by offering essential office space to a related tax-exempt organization. This support enables organizations to operate more efficiently and effectively, fostering a collaborative environment that enhances their capacity to serve the community. By providing a dedicated space, the corporation helps streamline operations, allowing the related organization to focus more on its mission and initiatives. This contribution ultimately facilitates greater community engagement and development, positively impacting the local area.
This information is meant to be a general summary of The 1625 Massachusetts Ave Nw 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: -$1,167
- Program Service Revenue: $350,004
- Gross Receipts: $350,004
Assets and Liabilities:
- Total Assets: $4,936,932
- Total Liabilities: $3,726,812
- Net Assets: $1,210,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$350,004
Organization Details
Founding Year
1970
Phone
(703) 689-4170Principal Officer
Jason Ambrosi
Main Address
7950 JONES BRANCH DRIVE Suite 400S, MCLEAN, VA, 22102
NTEE Category
Code: S47 - Community improvement
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