Overview
What is 812 Market Inc C/O Pmi Property Management Inc?
812 Market Inc C/O Pmi Property Management Inc is a nonprofit organization that primarily focuses on acquiring real estate properties. The primary objective of this organization is to generate net income, which is then remitted to its tax-exempt member, the Commonwealth of Pennsylvania public school employees' retirement system. To achieve this goal, 812 Market operates rental properties, utilizing them as a means to generate income for its designated beneficiary. The organization's activities are managed by Pmi Property Management Inc, as indicated by its name.
Is 812 Market Inc C/O Pmi Property Management Inc legitimate?
812 Market Inc C/O Pmi Property Management Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. 812 Market Inc C/O Pmi Property Management 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
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What is the mission statement of 812 Market Inc C/O Pmi Property Management Inc?
812 Market Inc, under the management of Pmi Property Management Inc, is primarily focused on acquiring real property. The primary objective is to generate net income from these properties. This income is then remitted to its tax-exempt member, specifically the Commonwealth of Pennsylvania public school employees' retirement system. The organization operates rental real estate properties to achieve this mission.
Who is the CEO of 812 Market Inc C/O Pmi Property Management Inc?
Eric S Kunkle is the Director of 812 Market Inc C/O Pmi Property Management Inc.
What is the revenue of 812 Market Inc C/O Pmi Property Management Inc?
812 Market Inc C/O Pmi Property Management Inc's revenue in 2022 was $14,658.
Who are the executives of 812 Market Inc C/O Pmi Property Management Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $240,356
- Other: $0
- Compensation: $0
- Related: $375,476
- Other: $0
- Compensation: $0
- Related: $242,086
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 812 Market Inc C/O Pmi Property Management Inc?
812 Market Inc C/O Pmi Property Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 812 Market Inc C/O Pmi Property Management Inc
812 Market Inc C/O Pmi Property Management Inc, as its name suggests, is primarily focused on acquiring real estate properties. This organization remits the net income generated from these properties to its tax-exempt member, which is the Commonwealth of Pennsylvania public school employees' retirement system. By operating rental real estate properties, 812 Market Inc C/O Pmi Property Management Inc fulfills its mission, providing a source of income to support the retirement system for public school employees in Pennsylvania. This mission is crucial in ensuring a secure financial future for these educators, contributing to the overall strength and stability of the educational system in the state.
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Impact
October, 2024
812 Market Inc C/O Pmi Property Management Inc plays a significant role in community improvement through its strategic acquisition and management of real estate. By operating rental properties, the organization not only generates income but also contributes to the financial stability of the Commonwealth of Pennsylvania’s public school employees' retirement system. This function ensures a steady flow of funds that can support the long-term benefits of public school employees, thereby enhancing the overall educational environment within the community.
Through its activities, 812 Market helps to revitalize neighborhoods and provide quality rental options, which can positively impact local economies. The commitment to remitting net income to a tax-exempt member underscores the organization's focus on sustainable financial practices that benefit public sector employees, ultimately fostering a healthier community and supporting education. Its operations thus serve as a model for leveraging real estate for broader social objectives, underscoring the potential of property management to create significant community impact.
This information is meant to be a general summary of 812 Market Inc C/O Pmi Property Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $14,658
- Gross Receipts: $14,658
Assets and Liabilities:
- Total Assets: $2,055,400
- Total Liabilities: $0
- Net Assets: $2,055,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING INCOME
Revenue
$14,658
Organization Details
Founding Year
2017
Phone
(717) 730-4141Principal Officer
Eric S Kunkle
Main Address
350 POPLAR CHURCH ROAD, CAMP HILL, PA, 17011
NTEE Category
Code: S47 - Community improvement
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