Overview
What is Pba Joint Venture Inc?
Pba Joint Venture Inc, located in West Palm Beach, Florida, is a nonprofit organization that primarily focuses on holding and managing commercial rental properties. The primary objective of this organization is to generate net income from these properties, which is subsequently distributed to an exempt entity. This mission is aimed at supporting a cause or organization with tax-exempt status.
Is Pba Joint Venture Inc legitimate?
Pba Joint Venture Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Pba Joint Venture 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 Pba Joint Venture Inc?
Pba Joint Venture Inc's primary mission is to manage commercial rental properties and distribute the net income generated from these properties to an exempt entity. This venture operates with the objective of contributing financially to a tax-exempt organization, thereby serving a charitable purpose without directly engaging in charitable activities itself. The company's role is largely focused on real estate management and income distribution, aiming to support the mission of the exempt entity in a indirect yet significant manner.
Who is the CEO of Pba Joint Venture Inc?
John Kazanjian is the Director of Pba Joint Venture Inc.
What is the revenue of Pba Joint Venture Inc?
Pba Joint Venture Inc's revenue in 2021 was $13,180.
Who are the executives of Pba Joint Venture Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $24,062
- Other: $1,780
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $96,390
- Other: $7,562
- Compensation: $0
- Related: $61,451
- Other: $4,765
- Compensation: $0
- Related: $40,772
- Other: $3,091
- Compensation: $0
- Related: $23,680
- Other: $1,731
- Compensation: $0
- Related: $24,024
- Other: $1,130
Where can I find the form 990 for Pba Joint Venture Inc?
Pba Joint Venture Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Pba Joint Venture Inc
Pba Joint Venture Inc, as per its mission, is primarily engaged in holding commercial rental property. This venture has a unique purpose, which is to distribute the net income derived from this property to an exempt entity. By doing so, Pba Joint Venture Inc contributes to the financial well-being of a non-profit organization, thereby potentially supporting various charitable causes. The organization's role in commercial real estate and income distribution serves as a means to support the activities and objectives of the associated exempt entity.
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Impact
October, 2024
Pba Joint Venture Inc plays a significant role in the local economy of West Palm Beach, FL, by holding commercial rental properties. This activity not only contributes to the urban landscape but also provides spaces for businesses to thrive, fostering economic growth in the region. The entity’s focus on distributing net income to an exempt entity helps ensure that profits are reinvested into initiatives that benefit the community.
By maintaining commercial spaces, Pba Joint Venture Inc supports local employment opportunities and encourages entrepreneurship. This can lead to increased foot traffic in the area, benefiting surrounding businesses and contributing to community improvement. Furthermore, the financial support directed towards exempt initiatives from the income generated promotes social programs and development projects that enhance the quality of life for residents. Overall, Pba Joint Venture Inc's operations significantly impact both the economic and social fabric of the West Palm Beach community.
This information is meant to be a general summary of Pba Joint Venture 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.
- Gross Receipts: $24,000
Assets and Liabilities:
- Total Assets: $581,385
- Total Liabilities: $0
- Net Assets: $581,385
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Organization Details
Founding Year
1997
Phone
(561) 689-3745Principal Officer
John Kazanjian
Main Address
2100 NORTH FLORIDA MANGO ROAD, WEST PALM BEACH, FL, 33409
NTEE Category
Code: S47 - Community improvement
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