Overview
What is Denver Firefighters Protective Association Building Corporation?
The Denver Firefighters Protective Association Building Corporation serves as a title and investment holding entity for the real estate assets of the Denver Firefighters Protective Association. This nonprofit organization, located in Littleton, Colorado, aims to generate income for the association by leasing commercial properties, as per Section 501(c)(2) of the Internal Revenue Code. The primary objective is to support the retirement and death benefits offered by the related exempt organization to its 1,725 active and retired members. By managing these real estate assets, the corporation plays a crucial role in ensuring the financial well-being of the Denver Firefighters Protective Association.
Official website here: www.dffpa.com
Is Denver Firefighters Protective Association Building Corporation legitimate?
Denver Firefighters Protective Association Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Denver Firefighters Protective Association Building Corporation 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
Official website here: www.dffpa.com
What is the mission statement of Denver Firefighters Protective Association Building Corporation?
The Denver Firefighters Protective Association Building Corporation's mission is centered around providing financial support for the Denver Firefighters Protective Association. This is achieved by holding title to commercial properties and leasing them out, as per the guidelines of Section 501(C)(2) of the Internal Revenue Code. This income-generating activity serves a crucial purpose in funding retirement and death benefits for the association's 1,725 active and retired members, ensuring their financial security. The corporation acts as an investment and property title-holding entity for the association's real estate assets, with the rental income contributing significantly to its operations.
Official website here: www.dffpa.com
Who is the CEO of Denver Firefighters Protective Association Building Corporation?
Michael Poveda is the President of Denver Firefighters Protective Association Building Corporation.
Official website here: www.dffpa.com
What is the revenue of Denver Firefighters Protective Association Building Corporation?
Denver Firefighters Protective Association Building Corporation's revenue in 2022 was $511,601.
Official website here: www.dffpa.com
Who are the executives of Denver Firefighters Protective Association Building Corporation and what are their salaries?
There 4 volunteers at Denver Firefighters Protective Association Building Corporation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $2,362
- Other: $0
- Compensation: $0
- Related: $2,362
- Other: $0
- Compensation: $0
- Related: $2,362
- Other: $0
- Compensation: $0
- Related: $1,535
- Other: $0
- Compensation: $0
- Related: $9,191
- Other: $0
- Compensation: $0
- Related: $22,172
- Other: $0
Official website here: www.dffpa.com
Where can I find the form 990 for Denver Firefighters Protective Association Building Corporation?
Denver Firefighters Protective Association Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dffpa.com
Learn more at the official website: www.dffpa.com
Mission Statement of Denver Firefighters Protective Association Building Corporation
Denver Firefighters Protective Association Building Corporation is an entity established with a specific purpose. Its mission, as stated, is to generate income for the Denver Firefighters Protective Association. This is achieved by holding title to commercial properties and leasing them out, in line with Section 501(c)(2) of the Internal Revenue Code. In simpler terms, this corporation serves as an investment and property title-holding entity for the Denver Firefighter Protective Association's real estate assets. The rent collected from these leased properties ultimately supports retirement and death benefits that are paid by the related exempt organization to its 1,725 active and retired members. This financial support is a crucial part of the organization's overall welfare, ensuring the well-being of its firefighter members.
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Impact
October, 2024
The Denver Firefighters Protective Association Building Corporation significantly impacts the financial sustainability of the Denver Firefighters Protective Association. By holding title and leasing commercial properties, it generates essential income that supports vital retirement and death benefits for its 1,725 active and retired members. This arrangement ensures that firefighters and their families have financial security, reflecting a commitment to their well-being and community service.
In Littleton, Colorado, this entity serves as a strategic investment vehicle, allowing the association to manage its real estate assets effectively. The income from rental properties plays a crucial role in maintaining ongoing benefits, ultimately enhancing the quality of life for firefighters and contributing to the larger community through sustained support and resources. Through these efforts, the corporation not only bolsters the financial stability of its members but also fosters a culture of care and responsibility within the firefighting community.
This information is meant to be a general summary of Denver Firefighters Protective Association Building Corporation. 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: $10,444
- Gross Receipts: $1,382,809
Assets and Liabilities:
- Total Assets: $3,549,889
- Total Liabilities: $30,568
- Net Assets: $3,519,321
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Organization Details
Founding Year
1993
Phone
(303) 295-3659Principal Officer
Michael Poveda
Main Address
7064 W ROXBURY PL, LITTLETON, CO, 80128
Website
www.dffpa.comNTEE Category
Code: S47 - Community improvement
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