Overview
What is Msc Sand Lake Iv Inc C/O Washington Capital Management Inc?
Msc Sand Lake Iv Inc, under the management of Washington Capital Management Inc, is a nonprofit organization established for the primary purpose of acquiring, owning, and operating commercial real estate. Their exclusive business activity involves renting out the property they possess. The unique aspect of Msc Sand Lake Iv Inc is that the net income generated from this property is directed towards the North Atlantic States Carpenters Guaranteed Annuity fund and North Atlantic States Carpenters Pension Fund, both being 501(a) related organizations. This arrangement serves as their sole mission, aiming to generate income for these funds.
Official website here: www.wa-cap.com
Is Msc Sand Lake Iv Inc C/O Washington Capital Management Inc legitimate?
Msc Sand Lake Iv Inc C/O Washington Capital Management Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Msc Sand Lake Iv Inc C/O Washington Capital Management 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
For more financial information, click here
Official website here: www.wa-cap.com
What is the mission statement of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc?
MSC Sand Lake IV Inc, under the management of Washington Capital Management Inc, is established with a primary objective. This objective involves acquiring, owning, and operating commercial real estate. The sole business activity of MSC Sand Lake IV is the rental of this property. The company's purpose is not to generate profits for itself but to hold title to the property. The net income generated from this rental activity is then transferred to two related 501(a) organizations: the North Atlantic States Carpenters Guaranteed Annuity Fund and the North Atlantic States Carpenters Pension Fund. These organizations utilize the received funds to provide annuity and pension benefits to their respective members.
Official website here: www.wa-cap.com
Who is the CEO of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc?
Richard Leeret is the President (Until 12/31/22) of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc.
Official website here: www.wa-cap.com
What is the revenue of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc?
Msc Sand Lake Iv Inc C/O Washington Capital Management Inc's revenue in 2022 was $1,558,291.
Official website here: www.wa-cap.com
Who are the executives of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wa-cap.com
Where can I find the form 990 for Msc Sand Lake Iv Inc C/O Washington Capital Management Inc?
Msc Sand Lake Iv Inc C/O Washington Capital Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wa-cap.com
Learn more at the official website: www.wa-cap.com
Mission Statement of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc
Msc Sand Lake Iv Inc C/O Washington Capital Management Inc, as per its description, is a organization with a specific mission. Its primary objective is to hold title to a commercial property, with the net income generated from the rental of this property being channeled towards two related 501(a) organizations: the North Atlantic States Carpenters Guaranteed Annuity Fund and the North Atlantic States Carpenters Pension Fund. This organization serves as a financial conduit, supporting these two funds through the income derived from its real estate operations. The mission of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc can be summarized as providing financial support to its affiliated funds by managing a commercial property and distributing the income generated.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Msc Sand Lake IV Inc, operating under the auspices of Washington Capital Management Inc, has a significant impact by engaging in the ownership and operation of commercial real estate. The organization focuses exclusively on renting its property, with the net income generated directly supporting the North Atlantic States Carpenters Guaranteed Annuity Fund and the North Atlantic States Carpenters Pension Fund. This financial support plays a crucial role in enhancing the security and benefits for the members of the carpenters' community.
By holding title to valuable real estate and ensuring a steady income stream, Msc Sand Lake IV Inc contributes to the economic stability of associated pension and annuity funds, thereby bolstering the financial future of those who rely on these funds for their retirement and financial security. The organization's activities are aligned with broader community improvement efforts, creating a ripple effect that advances the well-being of workers and families within the construction industry in the region. Overall, it serves a vital role in sustaining the financial health of related organizations and, ultimately, in enhancing the quality of life in the communities served.
This information is meant to be a general summary of Msc Sand Lake Iv Inc C/O Washington Capital Management 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 2022.
- Gross Receipts: $3,689,968
Assets and Liabilities:
- Total Assets: $34,208,353
- Total Liabilities: $13,789,285
- Net Assets: $20,419,068
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(617) 526-8800Principal Officer
Richard Leeret
Main Address
260 FRANKLIN ST SUITE 1900, Boston, MA, 02110
Website
www.wa-cap.comNTEE Category
Code: S47 - Community improvement
If you are a representative of Msc Sand Lake Iv Inc C/O Washington Capital Management Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.