Overview
What is The Lawson Academy Real Estate Co?
The Lawson Academy Real Estate Co is a supporting organization, as per Section 509(A)(3) of the Internal Revenue Code, established for the benefit of the William A. Lawson Institute for Peace and Prosperity (WALIPP). Its primary function is to acquire, lease, or both, real or personal property, subject to certain restrictions, and lease these properties to WALIPP for furthering its charitable purposes. The organization operates exclusively for the benefit of WALIPP, carrying out its functions, supporting its objectives, and advancing its charitable, educational, and literary purposes, as long as WALIPP remains a Section 501(C)(3) organization.
Is The Lawson Academy Real Estate Co legitimate?
The Lawson Academy Real Estate Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lawson Academy Real Estate Co 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 The Lawson Academy Real Estate Co?
The Lawson Academy Real Estate Company, as a supporting organization under Section 509(A)(3) of the Internal Revenue Code, is established with a charitable, educational, and literary purpose. Its primary objective is to operate exclusively for the benefit of the William A. Lawson Institute of Peace and Prosperity, supporting and carrying out its purposes. The organization's activities may include the acquisition and leasing of real or personal property, with the stipulation that it will be leased to the institute for use furthering its charitable objectives. The Lawson Academy Real Estate Company is established to qualify as an exempt organization under Section 501(C)(3) of the Internal Revenue Code or its corresponding provision in future United States internal revenue law.
Who is the CEO of The Lawson Academy Real Estate Co?
Mary Ramos is the President of The Lawson Academy Real Estate Co.
What is the revenue of The Lawson Academy Real Estate Co?
The Lawson Academy Real Estate Co's revenue in 2023 was $240,000.
Who are the executives of The Lawson Academy Real Estate Co and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Lawson Academy Real Estate Co?
The Lawson Academy Real Estate Co's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Lawson Academy Real Estate Co
The Lawson Academy Real Estate Co, as a supporting organization, operates exclusively for the benefit of the William A. Lawson Institute of Peace and Prosperity (WALIPP). Its mission aligns with the charitable, educational, and literary purposes that qualify it as an exempt organization under Section 501(C)(3) of the Internal Revenue Code. The corporation is specifically designed to support WALIPP, operating under Section 509(A)(3) of the Code. Its primary function is to acquire, lease, or lease both real and personal property for WALIPP, furthering its charitable purposes. The Lawson Academy Real Estate Co is committed to operating solely for the benefit of WALIPP at all times.
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Impact
October, 2024
The Lawson Academy Real Estate Co plays a significant role in supporting its affiliated organization, the William A. Lawson Institute for Peace and Prosperity (WALIPP). By acquiring and leasing real or personal property, The Lawson Academy Real Estate Co provides essential resources that facilitate WALIPP's charitable, educational, and literary missions. This collaborative structure enables WALIPP to focus on its core objectives while ensuring that the necessary facilities and assets are available for its operations.
Operating exclusively for WALIPP's benefit, The Lawson Academy Real Estate Co helps maximize the impact of WALIPP's community programs, which aim to promote peace and prosperity. Support from The Lawson Academy Real Estate Co allows WALIPP to concentrate on delivering services that address human needs and improve the quality of life in Houston. By fulfilling these logistical and operational needs, The Lawson Academy Real Estate Co amplifies WALIPP's effectiveness, ultimately contributing to positive social change in the community.
This information is meant to be a general summary of The Lawson Academy Real Estate Co. 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 2023.
- Program Service Revenue: $240,000
- Gross Receipts: $240,000
Assets and Liabilities:
- Total Assets: $10,143,725
- Total Liabilities: $10,469,139
- Net Assets: -$325,414
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$240,000
Organization Details
Founding Year
2017
Phone
(713) 741-3600Principal Officer
Mary Ramos
Main Address
5220 SCOTT STREET 108, HOUSTON, TX, 77004
NTEE Category
Code: P11 - Human services
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