Overview
What is 375 Beale Condominium Corporation?
The 375 Beale Condominium Corporation serves as the managing body for a condominium complex located at 375 Beale Street, San Francisco, California. This nonprofit organization, comprising government or quasi-government entities, is responsible for the maintenance and care of common areas within the complex. By assuming operational responsibilities, the organization aims to alleviate the burdens of government for each individual owner, handling tasks that would otherwise be their responsibility. Additionally, the Condominium Corporation facilitates the operation and maintenance of the property, and may engage in ancillary activities to enhance the overall well-being of the community.
Is 375 Beale Condominium Corporation legitimate?
375 Beale Condominium Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. 375 Beale Condominium Corporation 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: $615,621
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What is the mission statement of 375 Beale Condominium Corporation?
The 375 Beale Condominium Corporation's mission is to manage, maintain, and care for shared common areas within a specific property. They assist the property owners in operating and maintaining the property, taking on additional responsibilities for the operation of the property to reduce the burden on each owner. The corporation undertakes ancillary activities as authorized or directed by the owners, aiming to provide a more seamless experience for the property owners by assuming operational responsibilities that they would otherwise have to manage.
Who is the CEO of 375 Beale Condominium Corporation?
Brian Mayhew is the Secretary of 375 Beale Condominium Corporation.
What is the revenue of 375 Beale Condominium Corporation?
375 Beale Condominium Corporation's revenue in 2020 was $4,971,014.
Who are the executives of 375 Beale Condominium Corporation and what are their salaries?
There 5 volunteers at 375 Beale Condominium Corporation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 375 Beale Condominium Corporation?
375 Beale Condominium Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of 375 Beale Condominium Corporation
The 375 Beale Condominium Corporation's mission is centered around managing, maintaining, and caring for shared common areas and jointly used spaces within the property located at 375 Beale Street. This organization aims to assist condominium owners in operating and maintaining their property, taking on additional tasks that are ancillary to the property's operation for governmental purposes, as authorized or directed by the owners. The corporation's primary objective is to lessen the burdens of government for each owner by assuming responsibilities for the operation of the property that the owners would otherwise be required to perform. In essence, the 375 Beale Condominium Corporation serves to manage and maintain the property, easing the burden on individual owners and ensuring the smooth operation of the community.
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Impact
October, 2024
375 Beale Condominium Corporation significantly influences the management and operational efficiency of the property located at 375 Beale Street in San Francisco. It ensures the effective management, maintenance, and care of common areas and jointly used spaces, which enhances the living and working environment for residents and government entities that own units.
By assisting owners in property operations and maintenance, the Corporation alleviates the burden on individual owners, particularly benefiting governmental and quasi-governmental entities. This support streamlines property management tasks they would otherwise need to address, allowing them to focus on their core functions.
Additionally, the Corporation plays a crucial role in fostering community and collaboration among the owners. Its activities contribute to the overall upkeep and enhancement of the property, ensuring that shared spaces are well-maintained and serve the needs of all stakeholders. Thus, it acts as a vital facilitator for both the local community and governmental interests, ultimately contributing to a well-managed urban environment.
This information is meant to be a general summary of 375 Beale Condominium Corporation. 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 2020.
- Investment Income: $2,047
- Program Service Revenue: $4,968,967
- Gross Receipts: $4,971,014
Assets and Liabilities:
- Total Assets: $733,805
- Total Liabilities: $733,805
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMON AREA
Revenue
$3,250,943
SHARED SERVICES
Revenue
$1,718,024
Organization Details
Founding Year
2017
Phone
(415) 778-6730Principal Officer
Brian Mayhew
Main Address
375 BEALE STREET STE 800, SAN FRANCISCO, CA, 941052001
NTEE Category
Code: L50 - Housing
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