Overview
What is Ipers South Loop Marketplace Inc?
Ipers South Loop Marketplace Inc is a title holding corporation, headquartered in Chicago, Illinois. Its primary function is to manage and maintain ownership of real estate properties through a shared organizational structure, benefiting both mutual and membership members. This nonprofit organization uses a unique approach to real estate management, ensuring the efficient management of properties for its members.
Is Ipers South Loop Marketplace Inc legitimate?
Ipers South Loop Marketplace Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Ipers South Loop Marketplace 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 Ipers South Loop Marketplace Inc?
Ipers South Loop Marketplace Inc serves as a title holding corporation, operating under a mutual and membership benefit structure. Its mission is centered around supporting a single organization, specifically in the realm of real estate property titles. This corporation does not provide specific services or initiatives beyond its primary function as a title holding entity.
Who is the CEO of Ipers South Loop Marketplace Inc?
Jessica Hamill is the See Supplementa of Ipers South Loop Marketplace Inc.
What is the revenue of Ipers South Loop Marketplace Inc?
Ipers South Loop Marketplace Inc's revenue in 2023 was $3,429,697.
Who are the executives of Ipers South Loop Marketplace Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ipers South Loop Marketplace Inc?
Ipers South Loop Marketplace Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ipers South Loop Marketplace Inc
Ipers South Loop Marketplace Inc, as a title holding corporation, fulfills its mission by providing a mutual and membership benefit single organization support structure. This organization, located in an undisclosed location, specializes in managing real estate titles. By operating under this unique structure, Ipers South Loop Marketplace Inc serves as a reliable entity in the real estate sector, offering its services to various parties involved.
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Impact
October, 2024
Ipers South Loop Marketplace Inc plays a significant role in managing real property in Chicago, IL, through its structured support system. By serving as a title holding corporation, it facilitates the organization and stabilization of real estate assets, which can contribute to local economic development. Its mutual and membership benefit structure fosters collaboration among members, enhancing community engagement and support among stakeholders.
The marketplace not only supports property management but also potentially contributes to the improvement of local infrastructure and services, promoting a thriving environment for both residents and businesses. The focus on creating mutual benefits aligns with broader community goals, impacting the social and economic landscape of the South Loop area and facilitating investment in real property.
This information is meant to be a general summary of Ipers South Loop Marketplace 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 2023.
- Program Service Revenue: $3,429,697
- Gross Receipts: $3,429,697
Assets and Liabilities:
- Total Assets: $50,054,224
- Total Liabilities: $26,396,643
- Net Assets: $23,657,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent
Revenue
$2,725,852
Recoveries
Revenue
$701,345
Miscellaneous
Revenue
$2,500
Organization Details
Founding Year
2018
Phone
(312) 537-7000Principal Officer
Jessica Hamill
Main Address
222 South Riverside Plaza 34th Flr, Chicago, IL, 60606
NTEE Category
Code: Y11 - Mutual benefit
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