420 West Merrick Road Llc

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

EIN: 822613842 ✦ Valley stream, NY ✦ Designated as a 501(c)(2)

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Overview

What is 420 West Merrick Road Llc?

420 West Merrick Road LLC is a nonprofit organization situated in Valley Stream, New York, operating under the 501(c)(2) classification. Their primary focus is on constructing housing facilities for non-profit entities, demonstrating a dedication to serving the community. This mission involves building homes and residences specifically designed for non-profit organizations.

Is 420 West Merrick Road Llc legitimate?

420 West Merrick Road Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 420 West Merrick Road 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

What is the mission statement of 420 West Merrick Road Llc?

420 West Merrick Road LLC, as a 501(c)(2) nonprofit organization, is dedicated to constructing housing for non-profit entities. Their mission revolves around building housing that serves a charitable purpose, rather than for profit. This mission aims to contribute to various communities and initiatives by providing suitable housing solutions for non-profit organizations. The organization's activities are centered around constructing housing facilities for these entities, thereby supporting their operations and missions.

Who is the CEO of 420 West Merrick Road Llc?

Victor Lagreca is the Trustee of 420 West Merrick Road Llc.

What is the revenue of 420 West Merrick Road Llc?

420 West Merrick Road Llc's revenue in 2022 was $225,888.

Who are the executives of 420 West Merrick Road Llc and what are their salaries?


Here are 2 key members and their salaries:


Victor Lagreca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Mascolo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 420 West Merrick Road Llc?

420 West Merrick Road Llc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 420 West Merrick Road Llc

420 West Merrick Road LLC, a 501(c)(2) nonprofit entity, is dedicated to constructing housing facilities for non-profit organizations. This mission involves building homes and structures that serve the needs of various charitable organizations, demonstrating their commitment to supporting the community in a unique way. By focusing on the construction of non-profit housing, 420 West Merrick Road LLC contributes to the growth and sustainability of various organizations, enabling them to continue their vital work in the community.

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Impact




October, 2024

420 West Merrick Road LLC has a significant impact by focusing on the construction of housing specifically designed for nonprofit entities. This initiative addresses the growing need for affordable and accessible housing options, enabling nonprofits to operate more effectively. By providing dedicated residential spaces, the organization supports community development and contributes to the overall well-being of the Valley Stream area.

The efforts of 420 West Merrick Road LLC also foster collaboration among local nonprofits, creating a network of support that enhances the services they offer. Additionally, this focus on building for nonprofit entities helps alleviate housing shortages and promotes sustainable living arrangements, ultimately benefiting the community at large. Through its mission, the organization not only addresses immediate housing needs but also lays the groundwork for long-term positive change in the area.




This information is meant to be a general summary of 420 West Merrick Road 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
$225,888 (2022)
Expenses
$67,037 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $498
  • Program Service Revenue: $225,390
  • Gross Receipts: $225,888

Assets and Liabilities:

  • Total Assets: $2,813,109
  • Total Liabilities: $0
  • Net Assets: $2,813,109

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Programs

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

RENT

Revenue

$225,390

Organization Details

Founding Year

2017

Principal Officer

Victor Lagreca

Main Address

420 WEST MERRICK ROAD, VALLEY STREAM, NY, 11580

NTEE Category

Code: Z99 - Unknown

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