Overview
What is Acog Landholding Corporation?
Acog Landholding Corporation is a nonprofit organization, specifically focused on property management. They hold title to various properties and generate income from these assets. Stemming from their income, they deduct expenses and subsequently transfer the entire remaining amount to an exempt organization. This nonprofit's primary function is to contribute financially to other charitable entities, demonstrating their commitment to supporting the broader social sector.
Official website here: www.acog.org
Is Acog Landholding Corporation legitimate?
Acog Landholding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Acog Landholding 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
For more financial information, click here
Official website here: www.acog.org
What is the mission statement of Acog Landholding Corporation?
Acog Landholding Corporation's primary mission is centered around property management. They hold title to various properties and generate income from these holdings. Crucially, they then channel the entirety of these earnings, after deducting expenses, to a charitable organization. This charitable organization, in turn, utilizes these funds for its exempt activities. In essence, Acog Landholding Corporation serves as a conduit, funneling financial resources towards a non-profit organization.
Official website here: www.acog.org
Who is the CEO of Acog Landholding Corporation?
Maureen G Phipps is the Principal Officer of Acog Landholding Corporation.
Official website here: www.acog.org
What is the revenue of Acog Landholding Corporation?
Acog Landholding Corporation's revenue in 2022 was $326,169.
Official website here: www.acog.org
Who are the executives of Acog Landholding Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $808,433
- Other: $125,420
- Compensation: $0
- Related: $22,500
- Other: $0
- Compensation: $0
- Related: $7,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acog.org
Where can I find the form 990 for Acog Landholding Corporation?
Acog Landholding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acog.org
Learn more at the official website: www.acog.org
Mission Statement of Acog Landholding Corporation
Acog Landholding Corporation, as a nonprofit organization, is primarily dedicated to holding property titles and generating income from these properties. This income, after deducting expenses, is then systematically transferred in its entirety to another exempt organization. In essence, Acog Landholding Corporation acts as a financial intermediary, leveraging its property holdings to support the mission of another charitable entity. By executing this role, Acog Landholding Corporation contributes to the broader philanthropic landscape, channeling its income towards the advancement of causes supported by the recipient organization.
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Impact
October, 2024
Acog Landholding Corporation plays a significant role in enhancing community development through its property management activities. By holding title to various properties and generating income from these assets, the organization ensures consistent financial support for an exempt organization that likely contributes to community initiatives and improvements.
The corporation's operations in Washington, DC focus on effective property management, which can lead to better utilization of land and financial resources within the community. The income collected is strategically turned over, minus expenses, enabling sustained funding for programs and projects aimed at bettering the community.
Additionally, by engaging in properties that possibly contribute to community welfare, Acog Landholding Corporation not only fosters economic stability but also encourages community engagement and development. This holistic approach to property management and income allocation has a lasting impact on the neighborhoods it serves, promoting the overall enhancement of community life.
This information is meant to be a general summary of Acog Landholding 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 2022.
- Gross Receipts: $326,169
Assets and Liabilities:
- Total Assets: $1,558,170
- Total Liabilities: $0
- Net Assets: $1,558,170
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Organization Details
Founding Year
1953
Phone
(202) 863-2495Principal Officer
Maureen G Phipps
Main Address
409 12th Street SW, Washington, DC, 200242188
Website
www.acog.orgNTEE Category
Code: S47 - Community improvement
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