Overview
What is National Association Of Credit Management Realty Corporation?
The National Association of Credit Management Realty Corporation is a nonprofit organization situated in Columbia, Maryland. Its primary role is to maintain ownership of both real estate and personal property. By overseeing these assets, the corporation generates rental income. This income is subsequently forwarded to the National Association of Credit Management (NACM). The organization's operations primarily revolve around rental activities that support exempt organizations.
Official website here: www.nacm.org
Is National Association Of Credit Management Realty Corporation legitimate?
National Association Of Credit Management Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. National Association Of Credit Management Realty 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: $24,923
For more financial information, click here
Official website here: www.nacm.org
What is the mission statement of National Association Of Credit Management Realty Corporation?
The National Association of Credit Management Realty Corporation's primary mission is to manage real and personal property, collecting rental income from these properties. The primary objective is to then remit the net proceeds to NACM. The corporation's activities primarily revolve around rental activities, benefiting exempt organizations.
Official website here: www.nacm.org
Who is the CEO of National Association Of Credit Management Realty Corporation?
Robin Schauseil is the President of National Association Of Credit Management Realty Corporation.
Official website here: www.nacm.org
What is the revenue of National Association Of Credit Management Realty Corporation?
National Association Of Credit Management Realty Corporation's revenue in 2022 was $294,517.
Official website here: www.nacm.org
Who are the executives of National Association Of Credit Management Realty Corporation and what are their salaries?
There 3 volunteers at National Association Of Credit Management Realty Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $126,932
- Other: $16,396
- Compensation: $0
- Related: $52,885
- Other: $5,979
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nacm.org
Where can I find the form 990 for National Association Of Credit Management Realty Corporation?
National Association Of Credit Management Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nacm.org
Learn more at the official website: www.nacm.org
Mission Statement of National Association Of Credit Management Realty Corporation
The National Association of Credit Management Realty Corporation's mission is centered around managing real and personal property. This nonprofit organization collects rental income generated from these properties and subsequently remits the net earnings to NACM. In essence, its primary role is to serve as a trustee for these assets, ensuring that the income derived from them is properly managed and distributed. This mission allows the National Association of Credit Management Realty Corporation to contribute financially to the larger organization, NACM. The corporation's activities are primarily focused on rental-related activities, further underlining its commitment to this role.
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Impact
October, 2024
The National Association of Credit Management Realty Corporation plays a significant role in managing and enhancing the financial resources of the National Association of Credit Management (NACM). By holding title to real and personal property, it effectively generates and collects rental income, which directly supports the activities and programs of the NACM.
This income allows NACM to continue its mission of providing valuable services to organizations involved in the credit industry, thereby fostering community improvement and economic stability. The corporation’s operations contribute to sustainable financial practices within the community, ensuring that NACM can focus on its core objectives while maintaining a stable source of revenue through its real estate activities. Located in Columbia, MD, it acts as a strategic asset that amplifies NACM's capacity to serve its members and the broader community.
This information is meant to be a general summary of National Association Of Credit Management Realty 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.
- Program Service Revenue: $278,148
- Gross Receipts: $389,341
Assets and Liabilities:
- Total Assets: $2,456,334
- Total Liabilities: $1,718,803
- Net Assets: $737,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT-AFFILIATED ORGS
Revenue
$278,148
Organization Details
Founding Year
1995
Phone
(410) 740-5560Principal Officer
Robin Schauseil
Main Address
8840 COLUMBIA 100 PARKWAY, COLUMBIA, MD, 21045
Website
www.nacm.orgNTEE Category
Code: S47 - Community improvement
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