Pgcar Holdings Llc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814458240 ✦ Landover, MD ✦ Designated as a 501(c)(2)

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Overview

What is Pgcar Holdings Llc?

Pgcar Holdings Llc is a specialized organization, established exclusively to manage property titles. This entity serves as a trustee for Prince George's County Association of Realtors (PGCAR), with the primary objective of leasing these properties and transferring the net earnings to PGCAR. The organization's role is centralized in Maryland, specifically in Landover, at 8300 Corporate Drive 100.


Official website here: www.pgcar.com

Is Pgcar Holdings Llc legitimate?

Pgcar Holdings Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Pgcar Holdings Llc 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.pgcar.com

What is the mission statement of Pgcar Holdings Llc?

Pgcar Holdings LLC is established with the primary objective of holding title to property on behalf of Prince George's County Association of Realtors (PGCAR). Its mission is to serve as a property title holder, with the ultimate goal of generating rent income. The net proceeds from these rental activities are then transferred to PGCAR. Essentially, Pgcar Holdings LLC acts as a real estate asset manager for PGCAR, ensuring the association benefits financially from property investments.


Official website here: www.pgcar.com

Who is the CEO of Pgcar Holdings Llc?

Michael Graziano is the President of Pgcar Holdings Llc.


Official website here: www.pgcar.com

What is the revenue of Pgcar Holdings Llc?

Pgcar Holdings Llc's revenue in 2022 was $842,801.


Official website here: www.pgcar.com

Who are the executives of Pgcar Holdings Llc and what are their salaries?


Here are 5 key members and their salaries:


Rachel Jefferies (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Sementilli (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Carlos Lancaster (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnita Greene (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Graziano (Executive Vice President)
  • Compensation: $0
  • Related: $160,003
  • Other: $17,980


Official website here: www.pgcar.com

Where can I find the form 990 for Pgcar Holdings Llc?

Pgcar Holdings Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pgcar.com

Learn more at the official website: www.pgcar.com

Mission Statement of Pgcar Holdings Llc

Pgcar Holdings LLC, a specialized entity, is established for a singular purpose: to act as a trustee, holding title to property on behalf of Prince George's County Association of Realtors (PGCAR). This role enables Pgcar Holdings to manage properties, generating net proceeds that are subsequently transferred to PGCAR. By fulfilling this function, Pgcar Holdings contributes to the broader mission of PGCAR, which may involve real estate-related initiatives or charitable endeavors, but such specifics are not provided in the given information.

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Impact




October, 2024

Pgcar Holdings LLC plays a significant role in the real estate landscape of Prince George's County by managing property assets that directly benefit the local Realtor community. By holding title to properties and generating rental income, it ensures a steady flow of net proceeds to the Prince George's County Association of Realtors (PGCAR). This financial support enhances PGCAR's ability to promote its mission and initiatives, ultimately contributing to community development and improvement in the region. Through its operations, Pgcar Holdings LLC fosters a stronger real estate sector, which can positively influence local economic growth and community sustainability.




This information is meant to be a general summary of Pgcar Holdings Llc. 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.

Revenue
$842,801 (2022)
Expenses
$257,951 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $342,777
  • Gross Receipts: $842,801

Assets and Liabilities:

  • Total Assets: $2,606,730
  • Total Liabilities: $969,093
  • Net Assets: $1,637,637

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$342,777

Organization Details

Founding Year

2016

Principal Officer

Michael Graziano

Main Address

8300 CORPORATE DRIVE 100, LANDOVER, MD, 20785

NTEE Category

Code: S47 - Community improvement

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