Overview
What is Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp?
Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp is a nonprofit organization based in Chicago, Illinois, primarily focused on managing pension and retirement funds. With a mission to hold title to real property, collect income from these properties, and remit the net income to its sole shareholder, the Teachers Retirement System of Illinois, the corporation operates under the 501(c)(25) classification. Last year, it generated a revenue of $3,051,154. The organization's role is to ensure the efficient and effective management of retirement funds for its shareholder, the Teachers Retirement System of Illinois.
Is Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp legitimate?
Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp 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
What is the mission statement of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp?
Tr 3500 Maple Corp, managed by Lpc Realty Advisors I Lp, is structured as a 501(c)(25) organization with a specific purpose. Its primary mission is to hold title to real property and collect income derived from this property. The corporation then remits the entire income, after deducting expenses, to its sole shareholder, the Teachers Retirement System of Illinois, a tax-exempt pension fund that meets the requirements of Section 401(a) of the Internal Revenue Code. This organization is exempt from taxation under Section 501(a) of the code. In essence, the corporation's role is to serve as a financial intermediary, managing the real estate assets and distributing the income to its tax-exempt shareholder.
Who is the CEO of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp?
Jenifer Ratcliffe is the President of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp.
What is the revenue of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp?
Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp's revenue in 2022 was $673,954.
Who are the executives of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp?
Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp
Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp, a 501(C)(25) organization, was established with a sole purpose. This corporation serves to hold title to real property, collect income generated from this property, and remit the entire income, less expenses, to its sole shareholder. This shareholder is the Teachers Retirement System of Illinois, a tax-exempt pension fund that meets the requirements of Section 401(A) of the Internal Revenue Code. As a trust, it is exempt from taxation under Section 501(A) of the code. In essence, Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp acts as a financial intermediary, managing property-related income to support the retirement needs of Illinois teachers through the Teachers Retirement System of Illinois.
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
Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp plays a significant role in managing and optimizing pension and retirement funds in Chicago, IL. Its primary activity involves holding titles to real property, which enables the corporation to collect rental income. This income is then remitted, minus expenses, to its sole shareholder, the Teachers Retirement System of the State of Illinois.
With a total revenue of $3,051,154 generated last year, the corporation ensures stable financial returns that support the pension benefits of educators in Illinois. By effectively managing these properties, the organization contributes to the long-term financial health of the pension fund, dedicated to providing teachers with necessary retirement income.
This structure not only secures investments but also promotes fiscal responsibility within the management of public employee retirement systems. The organization's operations thus have a direct impact on enhancing the welfare of teachers, ensuring their financial stability post-retirement, and reinforcing confidence in the pension system overall.
This information is meant to be a general summary of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp. 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: $7,863,794
Assets and Liabilities:
- Total Assets: $114,838,946
- Total Liabilities: $61,580,352
- Net Assets: $53,258,594
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Phone
(312) 345-8784Principal Officer
Jenifer Ratcliffe
Main Address
120 NORTH LASALLE STREET 2900, CHICAGO, IL, 60602
NTEE Category
Code: Y33 - Mutual benefit
If you are a representative of Tr 3500 Maple Corp C/O Lpc Realty Advisors I Lp 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.