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Gcc Real Estate Holdings Inc

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

EIN: 822886327 ✦ Madison, WI ✦ Designated as a 501(c)(2)

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Overview

What is Gcc Real Estate Holdings Inc?

Gcc Real Estate Holdings Inc is a nonprofit organization, established in September 2017 as an affiliate of Irwin A. and Robert D. Goodman Community Center Inc. The primary objective of this organization is to develop, own, construct, and lease two notable buildings: the Brassworks Building and the Ironworks Building. Based in Madison, Wisconsin, the organization's focus is centered around real estate development and leasing, contributing to the local property market.

Is Gcc Real Estate Holdings Inc legitimate?

Gcc Real Estate Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Gcc Real Estate Holdings Inc 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 Gcc Real Estate Holdings Inc?

Gcc Real Estate Holdings Inc was established as an affiliate of Irwin A. and Robert D. Goodman Community Center Inc in September 2017. Its primary mission is to develop, own, construct, and lease two specific buildings, referred to as The Brassworks Building and The Ironworks Building. This real estate organization's activities are centered around the management and utilization of these buildings.

Who is the CEO of Gcc Real Estate Holdings Inc?

Letesha Nelson is the Treasurer of Gcc Real Estate Holdings Inc.

What is the revenue of Gcc Real Estate Holdings Inc?

Gcc Real Estate Holdings Inc's revenue in 2022 was $651,061.

Who are the executives of Gcc Real Estate Holdings Inc and what are their salaries?

There 5 volunteers at Gcc Real Estate Holdings Inc.


Here are 5 key members and their salaries:


Maya Zahn-Rhine (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hoffman (Vice President And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Beck (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Letesha Nelson (Executive Director/Board Member)
  • Compensation: $0
  • Related: $119,757
  • Other: $16,324
Dewayne Powell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gcc Real Estate Holdings Inc?

Gcc Real Estate Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gcc Real Estate Holdings Inc

Gcc Real Estate Holdings Inc, established in September 2017 as an affiliate of Irwin A. and Robert D. Goodman Community Center, Inc., was incorporated with a specific mission. This mission involves the development, ownership, construction, and leasing of two notable buildings: the Brassworks Building and the Ironworks Building. This organization's role is to manage these properties, contributing to the real estate sector while also working under the umbrella of its affiliated organization. The details of the organization's location or any other business-related information are not provided in the given data.

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Impact




October, 2024

Gcc Real Estate Holdings Inc plays a significant role in the development and management of key buildings in Madison, Wisconsin, specifically the Brassworks Building and the Ironworks Building. By developing, owning, constructing, and leasing these properties, the organization contributes to community improvement and urban revitalization.

The focus on constructing and maintaining these buildings not only enhances the local real estate market but also fosters economic growth by attracting businesses and residents to the area. This can lead to increased foot traffic, which benefits local businesses and encourages further investment in the community. Moreover, the existing community infrastructures surrounding these buildings can be improved and expanded, enhancing the overall living environment for residents.

As an affiliate of the Irwin A. and Robert D. Goodman Community Center, Gcc Real Estate Holdings Inc is aligned with a vision of supporting community needs. The development of such properties is crucial in addressing housing demands, potentially providing affordable options, and creating spaces that benefit the public, thereby strengthening the community dynamic in Madison.




This information is meant to be a general summary of Gcc Real Estate Holdings Inc. 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
$651,061 (2022)
Expenses
$734,026 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $59
  • Program Service Revenue: $651,002
  • Gross Receipts: $651,061

Assets and Liabilities:

  • Total Assets: $20,170,959
  • Total Liabilities: $12,761,727
  • Net Assets: $7,409,232

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Programs

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

RENTAL INCOME

Revenue

$651,002

Organization Details

Founding Year

2017

Principal Officer

Letesha Nelson

Main Address

149 WAUBESA ST, MADISON, WI, 53704

NTEE Category

Code: S47 - Community improvement

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