Overview
What is Bit Holdings Five Inc C/O Great Gray Trust Company?
Bit Holdings Five Inc CO Great Gray Trust Company is a nonprofit organization established for the specific purpose of acquiring real property, holding title to it, collecting the income generated from the property, and transferring the total earnings, minus expenses, to qualified shareholders. The company, headquartered in Las Vegas, Nevada, held an indirect interest in non-residential real estate during the year 2022 and distributed approximately $88 million in earnings from the rental and sale of this property to its designated shareholders.
Official website here: www.none
Is Bit Holdings Five Inc C/O Great Gray Trust Company legitimate?
Bit Holdings Five Inc C/O Great Gray Trust Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bit Holdings Five Inc C/O Great Gray Trust Company 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.
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Official website here: www.none
What is the mission statement of Bit Holdings Five Inc C/O Great Gray Trust Company?
Bit Holdings Five Inc CO Great Gray Trust Company was established for the sole purpose of acquiring real property, managing it, and generating income. The corporation collects earnings from the rented and sold real estate and remits the entire amount, minus expenses, to qualified shareholders. In 2022, Bit Holdings Five, Inc. held an indirect interest in non-residential real estate and distributed approximately $88 million in earnings from the property to the AFL-CIO Building Investment Trust.
Official website here: www.none
Who is the CEO of Bit Holdings Five Inc C/O Great Gray Trust Company?
Gregory Golczewski is the Pres/Asst Secretary/Asst Treasurer of Bit Holdings Five Inc C/O Great Gray Trust Company.
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What is the revenue of Bit Holdings Five Inc C/O Great Gray Trust Company?
Bit Holdings Five Inc C/O Great Gray Trust Company's revenue in 2022 was $66,564,935.
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Who are the executives of Bit Holdings Five Inc C/O Great Gray Trust Company and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Bit Holdings Five Inc C/O Great Gray Trust Company
Bit Holdings Five Inc CO Great Gray Trust Company is a corporate entity established with the primary objective of acquiring real property, maintaining ownership of the title, and generating income from these assets. The organization then distributes the revenue, less expenses, to a qualified beneficiary, the AFL-CIO Building Investment Trust, in this case.
In simpler terms, Bit Holdings Five Inc CO Great Gray Trust Company serves as a real estate holding company. Its main functions consist of purchasing properties, managing them, and transferring the income earned from the rentals and sales to its designated beneficiary. During the year 2022, the company successfully held an indirect interest in non-residential properties and distributed approximately $88 million in earnings to the AFL-CIO Building Investment Trust.
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Impact
October, 2024
Bit Holdings Five Inc, operating through the Great Gray Trust Company, has a focused impact on the real estate sector by acquiring and managing real property. Its primary function involves holding title to these properties, which enables it to collect rental income and other earnings. In 2022, the organization made a significant contribution of approximately $88 million from property income to the AFL-CIO Building Investment Trust, demonstrating a robust financial engagement with the larger investment community.
By concentrating on non-residential real estate, Bit Holdings Five not only generates substantial earnings but also plays a role in community improvement through the responsible management of properties. This engagement helps to stimulate local economies, support job creation, and foster a stable investment environment. Overall, the activities of Bit Holdings Five reinforce its commitment to enhancing property value while contributing to the broader objectives of its stakeholders.
This information is meant to be a general summary of Bit Holdings Five Inc C/O Great Gray Trust Company. 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: $67,202,455
- Gross Receipts: $83,914,214
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1994
Phone
(443) 243-0106Principal Officer
Gregory Golczewski
Main Address
6725 VIA AUSTI PARKWAY STE 260, LAS VEGAS, NV, 89119
Website
www.noneNTEE Category
Code: S47 - Community improvement
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