Overview
What is 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp?
601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp is a nonprofit entity based in Dallas, Texas. Its primary mission is to acquire real property and remit the net income to its tax-exempt shareholder, the Alaska Permanent Fund. In 2022, the organization did not distribute any funds to its beneficiary. The entity operated a rental real estate property for this tax-exempt shareholder. The Alaska Permanent Fund, with a tax ID number 92-6001185, is the beneficiary of the group's net income.
Is 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp legitimate?
601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp is a legitimate nonprofit organization registered as a 501(c)(25) entity. 601 Pine Street Investment Group 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
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What is the mission statement of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp?
The mission of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp, as outlined, centers around acquiring real property. The primary objective is to generate net income, which is then remitted to its tax-exempt shareholder. In 2022, the entity distributed no income to its beneficiary, the Alaska Permanent Fund. This organization's role primarily involves managing real estate properties for the financial benefit of its tax-exempt shareholder.
Who is the CEO of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp?
Stacie S Crown is the President/Chairman/Director of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp.
What is the revenue of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp?
601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp's revenue in 2022 was -$686,011.
Who are the executives of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp?
601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp
601 Pine Street Investment Group Inc C/O L&B Realty Advisors Llp, as a nonprofit entity, is dedicated to acquiring real property. Its primary objective is to generate net income from these properties and subsequently remit this income to its tax-exempt shareholder. This shareholder, in this case, is the Alaska Permanent Fund with the tax ID number 92-6001185. In the year 2022, the total distributions made to this beneficiary were zero dollars. This organization's role in the real estate market is to leverage its resources to generate income for its tax-exempt shareholder.
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Impact
October, 2024
601 Pine Street Investment Group Inc, operating through L&B Realty Advisors Llp, primarily focuses on acquiring real property and managing rental real estate. Its activity involves generating net income, which is remitted to its tax-exempt shareholder, the Alaska Permanent Fund. While the organization did not distribute any income to its beneficiary in 2022, its primary mission supports community improvement through effective real estate management. Located in Dallas, Texas, its operations contribute to the local economy by engaging in property management activities and enhancing the community's real estate landscape.
This information is meant to be a general summary of 601 Pine Street Investment Group 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 2022.
- Investment Income: $3
- Gross Receipts: $241,464
Assets and Liabilities:
- Total Assets: $43,042,551
- Total Liabilities: $17,196
- Net Assets: $43,025,355
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Organization Details
Founding Year
2004
Phone
(214) 989-0800Principal Officer
Stacie S Crown
Main Address
5910 N CENTRAL EXPRESSWAY 1200, DALLAS, TX, 75206
NTEE Category
Code: S470 - Community improvement
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