Overview
What is Megatech International Inc?
Megatech International Inc, based in Flowery Branch, Georgia, serves as a holding company for commercial rental properties, specifically managed under a profit-sharing retirement plan. This organization is primarily engaged in real estate investments, utilizing its resources to generate income for its associated retirement plan. The company's primary focus is on the management and maintenance of these rental properties, ensuring their continued profitability and contribution to the retirement plan.
Is Megatech International Inc legitimate?
Megatech International Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Megatech International Inc 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 Megatech International Inc?
Megatech International Inc serves as a real estate holding company, specifically for commercial rental properties, that is associated with a retirement plan. The organization's primary purpose is to manage and oversee the commercial rental properties owned by a profit-sharing plan. While the mission statement is not explicitly stated, one can infer that its main objective is to provide a stable and profitable investment opportunity for the retirement plan, ensuring the long-term financial well-being of its contributors. By managing the properties effectively, Megatech International Inc also supports the economic growth and development of the communities where the properties are located.
Who is the CEO of Megatech International Inc?
F Douglas Harkrider is the President of Megatech International Inc.
What is the revenue of Megatech International Inc?
Megatech International Inc's revenue in 2021 was $1,147,807.
Who are the executives of Megatech International Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Megatech International Inc?
Megatech International Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Megatech International Inc
Megatech International Inc, as a real estate holding company, is fundamentally linked to a retirement plan. Its core mission revolves around managing commercial rental properties. This organization serves as a holding company for properties owned by a profit-sharing plan, ensuring the financial well-being of individuals who are saving for their retirement. By managing these properties effectively, Megatech International Inc contributes to the long-term financial security of its associated retirement plan.
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Impact
October, 2024
Megatech International Inc plays a significant role in community improvement through its activities as a real estate holding company associated with a retirement plan. By managing commercial rental properties, the organization provides valuable resources and spaces that contribute to local economic development. The rental income generated can support various community initiatives and enhance local infrastructure, creating jobs and stimulating growth in Flowery Branch, GA. Furthermore, the focus on real estate investments tied to a retirement plan indicates a commitment to long-term sustainability and stability for both investors and the local community. Through its operations, Megatech International Inc supports a framework that fosters economic resilience and community enhancement.
This information is meant to be a general summary of Megatech International 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $1,165,241
- Gross Receipts: $2,601,355
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1980
Phone
(706) 967-9646Principal Officer
F Douglas Harkrider
Main Address
4433 MARTIN RD, FLOWERY BRANCH, GA, 30542
NTEE Category
Code: S47 - Community improvement
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