Overview
What is Ambassador Inc C/O Cafritz Foundation?
Ambassador Inc C/O Cafritz Foundation is a real estate organization situated in Washington, DC. Acting as a title holder for a tax-exempt private foundation, Ambassador generates significant revenue, amounting to $3,615,910, from its real estate operations. The foundation's primary focus lies in managing real estate assets to support its affiliated tax-exempt organization's mission.
Is Ambassador Inc C/O Cafritz Foundation legitimate?
Ambassador Inc C/O Cafritz Foundation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ambassador Inc C/O Cafritz Foundation 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
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What is the mission statement of Ambassador Inc C/O Cafritz Foundation?
Ambassador Inc C/O Cafritz Foundation serves as a title holder for a tax-exempt private foundation, primarily focusing on real estate matters. Its primary activity involves generating revenue, amounting to $3,615,910, last year. However, the organization does not have a publicly declared mission statement or objectives beyond its role as a real estate titular holder. As such, specific details regarding its goals, objectives, or areas of support cannot be provided.
Who is the CEO of Ambassador Inc C/O Cafritz Foundation?
Jane Lipton Cafritz is the Director of Ambassador Inc C/O Cafritz Foundation.
What is the revenue of Ambassador Inc C/O Cafritz Foundation?
Ambassador Inc C/O Cafritz Foundation's revenue in 2023 was $5,079,123.
Who are the executives of Ambassador Inc C/O Cafritz Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Ambassador Inc C/O Cafritz Foundation?
Ambassador Inc C/O Cafritz Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ambassador Inc C/O Cafritz Foundation
Ambassador Inc C/O Cafritz Foundation primarily functions as a title holder of real estate for a tax-exempt private foundation. While its primary role is in real estate, it generated a substantial revenue of $3,615,910 last year, indicating its financial stability and success in this field. Ambassador Inc C/O Cafritz Foundation operates independently, demonstrating its capability to manage and generate income from real estate ventures. However, the specific details about the organization's activities in real estate or its purpose beyond being a title holder are not provided in the information.
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Impact
October, 2024
Ambassador Inc C/O Cafritz Foundation plays a significant role in community improvement through its operations as a real estate organization. By holding titles to real estate, it supports various initiatives that can enhance the local environment and contribute to economic development. With a revenue generation of $3,615,910 last year, it has the financial capacity to engage in projects that promote community welfare and improvement in Washington, DC. The organization's activities can lead to the revitalization of neighborhoods, increase in property values, and the potential for creating spaces that serve the community's needs. Overall, its impact is reflected in the development and betterment of the Washington, DC area.
This information is meant to be a general summary of Ambassador Inc C/O Cafritz Foundation. 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 2023.
- Investment Income: $656
- Gross Receipts: $9,695,736
Assets and Liabilities:
- Total Assets: $46,810,123
- Total Liabilities: $22,241,485
- Net Assets: $24,568,638
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Organization Details
Founding Year
1999
Phone
(202) 862-6835Principal Officer
Jane Lipton Cafritz
Main Address
1825 K STREET NW 14TH FLOOR, WASHINGTON, DC, 20006
NTEE Category
Code: S47 - Community improvement
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