Overview
What is Bent Tree Apartments Inc C/O Sentinel?
Bent Tree Apartments Inc C/O Sentinel is a 501(c) nonprofit organization, specifically categorized as a 501(c)(25), situated in New York City, New York. Its primary purpose is to acquire real property, maintain ownership, and generate income from these assets. The organization retains a portion of the income for expenses, while the remaining amount is distributed to its sole member, the Alaska Permanent Fund Corporation, a tax-exempt entity. Bent Tree Apartments Inc C/O Sentinel serves as a real estate investment vehicle, focusing on property acquisition and income generation for its affiliate.
Is Bent Tree Apartments Inc C/O Sentinel legitimate?
Bent Tree Apartments Inc C/O Sentinel is a legitimate nonprofit organization registered as a 501(c)(25) entity. Bent Tree Apartments Inc C/O Sentinel 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bent Tree Apartments Inc C/O Sentinel?
Bent Tree Apartments Inc C/O Sentinel is established with the primary objective of acquiring real property. The organization holds title to the properties and generates income from them. The main purpose is to collect income from these properties and distribute the entire amount, after deducting expenses, to its members. Notably, the sole member of this company is the Alaska Permanent Fund Corporation, a tax-exempt organization that meets the requirements of Section 501(C).
Who is the CEO of Bent Tree Apartments Inc C/O Sentinel?
Leland Roth is the President of Bent Tree Apartments Inc C/O Sentinel.
What is the revenue of Bent Tree Apartments Inc C/O Sentinel?
Bent Tree Apartments Inc C/O Sentinel's revenue in 2020 was $5,385.
Who are the executives of Bent Tree Apartments Inc C/O Sentinel and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Bent Tree Apartments Inc C/O Sentinel?
Bent Tree Apartments Inc C/O Sentinel's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Bent Tree Apartments Inc C/O Sentinel
Bent Tree Apartments Inc C/O Sentinel was established with a specific purpose in mind. This nonprofit organization's primary goal is to acquire real property, hold title to it, and collect income from this property. The income generated from the property, after deducting expenses, is then remitted entirely to its sole member, the Alaska Permanent Fund Corporation. This corporation, being a tax-exempt organization that meets the requirements of section 501(C), is the sole beneficiary of Bent Tree Apartments Inc C/O Sentinel's income-generating activities. In essence, this organization serves as a vehicle for the Alaska Permanent Fund Corporation to invest in and generate income from real estate properties.
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Impact
October, 2024
Bent Tree Apartments Inc C/O Sentinel plays a significant role in the real estate landscape by acquiring and managing properties to generate income. Its primary objective is to hold titles to these properties and ensure the effective collection of income generated, which is then distributed to its sole member, the Alaska Permanent Fund Corporation. This structured approach allows for the efficient management of real estate assets while also providing a stream of revenue for the member.
By focusing on property acquisition and income generation, Bent Tree Apartments contributes to community improvement. Its activities can lead to enhanced housing options and potentially increase property values in the areas where it operates. Moreover, the organization's commitment to remitting income helps support the Alaska Permanent Fund Corporation, which is known for benefiting Alaskans through responsible financial stewardship.
The impact of Bent Tree Apartments extends beyond just financial returns; it can foster stability in the housing market and contribute to the overall economic health of the community by maintaining and developing real estate assets.
This information is meant to be a general summary of Bent Tree Apartments Inc C/O Sentinel. 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 2020.
- Program Service Revenue: $5,385
- Gross Receipts: $5,385
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REAL ESTATE ACTI
Revenue
$5,385
Organization Details
Founding Year
1994
Phone
(212) 408-2982Principal Officer
Leland Roth
Main Address
1251 AVE OF THE AMERICAS35TH FL, NEW YORK, NY, 10020
NTEE Category
Code: S47 - Community improvement
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