Union Station Venture Corporation No P-5

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521640391 ✦ San francisco, CA ✦ Designated as a 501(c)(2)

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Overview

What is Union Station Venture Corporation No P-5?

Union Station Venture Corporation No P-5 is a nonprofit organization situated in San Francisco, California. Its primary function is to manage real estate properties on behalf of an exempt pension fund. The corporation serves as a real estate organization, overseen by Jeffrey Kott. Its mission is to hold title to these properties, ensuring their management and maintenance in accordance with the pension fund's guidelines. The organization operates as a dedicated entity to safeguard and maximize the value of its real estate assets for the benefit of the exempt pension fund.

Is Union Station Venture Corporation No P-5 legitimate?

Union Station Venture Corporation No P-5 is a legitimate nonprofit organization registered as a 501(c)(2) entity. Union Station Venture Corporation No P-5 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

What is the mission statement of Union Station Venture Corporation No P-5?

Union Station Venture Corporation No P-5 is dedicated to serving an exempt pension fund by holding title to real estate. This organization operates as a real estate entity, managing properties on behalf of its beneficiary. Its primary goal is to safeguard the real estate assets for the pension fund, ensuring their continued use and value. The corporation does not engage in any active management or development of the properties, but rather maintains them as a title holder, ensuring their utilization for the pension fund's benefit.

Who is the CEO of Union Station Venture Corporation No P-5?

Jeffrey Kott is the Principal Officer of Union Station Venture Corporation No P-5.

What is the revenue of Union Station Venture Corporation No P-5?

Union Station Venture Corporation No P-5's revenue in 2022 was $491,000.

Who are the executives of Union Station Venture Corporation No P-5 and what are their salaries?


Here are 3 key members and their salaries:


Jeffrey S Kott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Mclay (Cfo/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Fuchs (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Union Station Venture Corporation No P-5?

Union Station Venture Corporation No P-5's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Union Station Venture Corporation No P-5

Union Station Venture Corporation No P-5 is dedicated to managing real estate on behalf of an exempt pension fund. This mission involves maintaining ownership of properties for the benefit of this particular pension fund, acting as a real estate organization in the process. While not directly involved in providing services to the general public or addressing specific social issues, Union Station Venture Corporation No P-5 plays a crucial role in managing real estate assets, contributing to the financial stability of the exempt pension fund it serves.

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Impact




October, 2024

Union Station Venture Corporation No P-5 plays a significant role in community improvement through its strategic management of real estate assets. By holding title to properties for the benefit of an exempt pension fund, the corporation contributes to the stability and growth of the local economy in San Francisco. Its operations help ensure that valuable properties are utilized effectively, supporting both investment returns and community development initiatives.

Under the leadership of Jeffrey Kott, the organization focuses on optimizing these real estate holdings, which can lead to enhancements in local infrastructure and increased property values. This strategic approach not only benefits pension fund stakeholders but also has a positive ripple effect on the community by fostering economic activity and potentially improving the quality of life for residents in the vicinity. Through its mission, Union Station Venture Corporation No P-5 exemplifies how real estate management can align financial objectives with community advancement.




This information is meant to be a general summary of Union Station Venture Corporation No P-5. 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.

Revenue
$491,000 (2022)
Expenses
$1,553,516 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $491,000

Assets and Liabilities:

  • Total Assets: $108,470,270
  • Total Liabilities: $0
  • Net Assets: $108,470,270

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Organization Details

Founding Year

1989

Principal Officer

Jeffrey Kott

Main Address

350 SANSOME ST 900, SAN FRANCISCO, CA, 94104

NTEE Category

Code: S47 - Community improvement

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