555 New Jersey Avenue Nw Inc

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

EIN: 521797147 ✦ Washington, DC ✦ Designated as a 501(c)(2)

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Overview

What is 555 New Jersey Avenue Nw Inc?

555 New Jersey Avenue Nw Inc is a title-holding nonprofit organization situated in Washington, DC. This 501(c)(5) entity maintains ownership of property through its role as a general partner in a partnership, which collectively possesses an office building. The primary purpose of 555 New Jersey Avenue Nw Inc is to serve as a title holder, ensuring the secure management of its property holdings. The organization's mission is centered around this function, making it a crucial entity within the real estate sector in Washington, DC.

Is 555 New Jersey Avenue Nw Inc legitimate?

555 New Jersey Avenue Nw Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 555 New Jersey Avenue Nw Inc submitted a form 990EZ, 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.

What is the mission statement of 555 New Jersey Avenue Nw Inc?

555 New Jersey Avenue Nw Inc serves as a title holding company for a 501(c)(5) entity. Its primary role is to maintain ownership of the property associated with this entity. The company functions as the general partner in a partnership that manages an office building. Despite not having a traditional mission statement focused on social causes or community service, 555 New Jersey Avenue Nw Inc fulfills its purpose by effectively managing the title and property ownership responsibilities.

Who is the CEO of 555 New Jersey Avenue Nw Inc?

Unavailable

What is the revenue of 555 New Jersey Avenue Nw Inc?

555 New Jersey Avenue Nw Inc's revenue in 2022 was $0.

Who are the executives of 555 New Jersey Avenue Nw Inc and what are their salaries?


Here are 3 key members and their salaries:


Randi Weingarten (Pres/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Dejesus (Exec Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fedrick Ingram (Sec-Treas/Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 555 New Jersey Avenue Nw Inc?

555 New Jersey Avenue Nw Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 555 New Jersey Avenue Nw Inc

555 New Jersey Avenue NW, as a title holding company, serves a unique role. Its mission is to maintain ownership of the property for a 501(c)(5) entity and acts as the general partner in a partnership that manages an office building. In essence, its purpose is to function as a steward of the property, ensuring its upkeep and management on behalf of the 501(c)(5) entity. This role allows the entity to focus on its primary objectives, while 555 New Jersey Avenue NW manages the physical aspects of the office building.

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Impact




October, 2024

555 New Jersey Avenue NW Inc plays a vital role in the ownership and management of commercial property in Washington, DC. By holding the title to an office building and acting as the general partner in its partnership, the organization facilitates the efficient operation and maintenance of valuable real estate assets. This contributes to local economic development by providing office space that can support businesses, attract employees, and enhance community vitality.

Additionally, as a title holding company, its activities help ensure legal and operational compliance, fostering stability and security in property management. The organization’s presence in the capital underscores its commitment to community improvement, contributing positively to the urban landscape and supporting the broader mission of enhancing the quality of life in the area. Overall, 555 New Jersey Avenue NW Inc’s impact extends beyond property management to support the economic and social fabric of the community.




This information is meant to be a general summary of 555 New Jersey Avenue Nw 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.

Revenue
$0 (2022)
Expenses
$61,001 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $268,325
    • Net Assets: -$268,325

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    Organization Details

    Main Address

    555 NEW JERSEY AVENUE NW, WASHINGTON, DC, 20001

    NTEE Category

    Code: S47 - Community improvement

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