Dc9 Realty Corp

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

EIN: 831899508 ✦ New york, NY ✦ Designated as a 501(c)(2)

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Overview

What is Dc9 Realty Corp?

Dc9 Realty Corp is a real estate organization situated in New York, New York. Their primary function is to serve as a real estate holding corporation for District Council 9. Their mission involves managing and holding real estate properties on behalf of this district council. This nonprofit organization's objective is to contribute to the district council's operations by ensuring the proper management of its real estate assets.

Is Dc9 Realty Corp legitimate?

Dc9 Realty Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Dc9 Realty Corp 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 Dc9 Realty Corp?

Dc9 Realty Corp, as a real estate organization, serves as a holding corporation for a specific district council. Its primary mission is to manage real estate properties on behalf of this council. The corporation's role is to maintain and manage these properties effectively, ensuring they serve the needs of the district council. While the exact purpose or objectives for managing these properties are not specified, it can be inferred that the corporation aims to optimize the use of real estate resources for the benefit of the district council. The organization's actions directly support the operations and activities of the district council by managing its real estate holdings effectively.

Who is the CEO of Dc9 Realty Corp?

Joseph Azzopardi is the President of Dc9 Realty Corp.

What is the revenue of Dc9 Realty Corp?

Dc9 Realty Corp's revenue in 2022 was $1,390,574.

Who are the executives of Dc9 Realty Corp and what are their salaries?


Here are 2 key members and their salaries:


John Drew (President)
  • Compensation: $0
  • Related: $218,616
  • Other: $129,518
Joseph Azzopardi (Business Mgr/Sec-Treas)
  • Compensation: $0
  • Related: $374,180
  • Other: $155,729
Where can I find the form 990 for Dc9 Realty Corp?

Dc9 Realty Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dc9 Realty Corp

DC9 Realty Corp, as a real estate organization, serves as a holding corporation for District Council 9. Their mission is to manage and hold real estate properties on behalf of this district council. The corporation's primary objective is to support the operations and initiatives of District Council 9 by providing them with necessary real estate resources. This mission is crucial in ensuring that the council can effectively carry out its responsibilities and serve its constituents effectively. DC9 Realty Corp's role as a real estate holding corporation is a vital one, enabling the council to focus on its core activities while having the necessary infrastructure in place.

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Impact




October, 2024

DC9 Realty Corp plays a crucial role in supporting the initiatives of District Council 9 by managing and holding real estate assets that benefit its members. By strategically acquiring and maintaining properties, the organization provides stable resources that can be leveraged for various community and organizational needs. This enhances the council's ability to conduct its operations effectively and fosters a sense of stability and growth within the community it serves. The realty corporation's focus on mutual benefit emphasizes its commitment to improving the environment for its members, allowing them to thrive in their respective endeavors. Overall, DC9 Realty Corp serves as a foundational pillar that supports District Council 9 through its real estate activities, ensuring that the council can continue to focus on its mission and objectives.




This information is meant to be a general summary of Dc9 Realty Corp. 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
$1,390,574 (2022)
Expenses
$1,615,706 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $344
  • Program Service Revenue: $1,390,230
  • Gross Receipts: $1,390,574

Assets and Liabilities:

  • Total Assets: $9,096,513
  • Total Liabilities: $10,767,785
  • Net Assets: -$1,671,272

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Programs

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

MEMBERSHIP DUES

Revenue

$840,230

RENTAL INCOME

Revenue

$550,000

Organization Details

Founding Year

2020

Principal Officer

Joseph Azzopardi

Main Address

45 W 14TH ST, NEW YORK, NY, 10011

NTEE Category

Code: Y11 - Mutual benefit

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