Overview
What is 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp?
154 Campanelli Investment Inc C/O L&B Realty Advisors Llp is a 501(C)(25) organization based in Dallas, Texas. Its primary purpose is to acquire real estate properties, holding the title and collecting income from these properties. The entire income, after deducting expenses, is then remitted to its sole shareholder, the Public Employees' Retirement Association of Colorado. This pension fund, which meets the requirements of Section 414(D), is a tax-exempt entity, and all distributions were made to it. The organization operates with the goal of generating income for its tax-exempt shareholder.
Is 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp legitimate?
154 Campanelli Investment Inc C/O L&B Realty Advisors Llp is a legitimate nonprofit organization registered as a 501(c)(25) entity. 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp 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 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp?
154 Campanelli Investment Inc, under the management of L&B Realty Advisors Llp, is a 501(C)(25) organization primarily focused on acquiring real estate properties. Its primary objective is to hold title to these properties, collect income generated from them, and subsequently distribute the net income (after deducting expenses) to its sole shareholder, the Public Employees' Retirement Association of Colorado. This retirement fund is a tax-exempt pension fund that meets the criteria set out in Section 414(D). The organization's activities are exclusively centered around real estate investment and income distribution.
Who is the CEO of 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp?
Amy Mcgarrity is the Sole Director of 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp.
What is the revenue of 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp?
154 Campanelli Investment Inc C/O L&B Realty Advisors Llp's revenue in 2021 was $967,696.
Who are the executives of 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $749,752
- Other: $120,889
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp?
154 Campanelli Investment Inc C/O L&B Realty Advisors Llp's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp
154 Campanelli Investment Inc C/O L&B Realty Advisors Llp, as a 501(C)(25) organization, was established with a specific purpose: to acquire real property, hold title to it, collect income from the property, and subsequently remit the entire income (after deducting expenses) to its sole shareholder. This shareholder is the Public Employees' Retirement Association of Colorado, a tax-exempt pension fund that adheres to the requirements of Section 414(D). The organization's primary function is to generate income for its shareholder, which in this case, is the Public Employees' Retirement Association of Colorado. This association then benefits from the net income generated by 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp.
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Impact
October, 2024
154 Campanelli Investment Inc, located in Dallas, Texas, plays a significant role in the real estate sector, particularly in supporting public employees through its operations. The organization focuses on acquiring real property, managing it, and collecting income, which is then transmitted to its sole shareholder— the Public Employees' Retirement Association of Colorado.
By fulfilling this function, the corporation ensures a steady flow of income to a tax-exempt pension fund, which benefits public employees in Colorado by supporting their retirement plans. This financial structure allows for the efficient management of real estate assets while providing essential income to support the retirement needs of public sector workers.
In addition to its financial impact, the entity contributes to community improvement through property management and development efforts, enhancing local real estate landscapes and potentially boosting economic activity within the areas it operates. Overall, 154 Campanelli Investment Inc serves as a conduit for generating income that supports the financial well-being of public employees, thereby contributing to the stability and enhancement of community resources.
This information is meant to be a general summary of 154 Campanelli Investment Inc C/O L&B Realty Advisors Llp. 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 2021.
- Gross Receipts: $1,520,902
Assets and Liabilities:
- Total Assets: $28,829,544
- Total Liabilities: $10,729,221
- Net Assets: $18,100,323
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Organization Details
Founding Year
2018
Phone
(214) 989-0800Principal Officer
Amy Mcgarrity
Main Address
5910 NORTH CENTRAL EXPY 1200, DALLAS, TX, 75206
NTEE Category
Code: S47 - Community improvement
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