Overview
What is Richmond Retail Owners Association?
The Richmond Retail Owners Association is a nonprofit organization whose primary role involves collecting membership dues and managing the operational expenses associated with a building. These expenses cover the necessary costs to keep the association functioning effectively. The organization, serving as a homeowners association in Richmond, also offers social events and activities to its members, fostering a sense of community among its members.
Is Richmond Retail Owners Association legitimate?
Richmond Retail Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Richmond Retail Owners Association submitted a form 990EZ, 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.
What is the mission statement of Richmond Retail Owners Association?
The mission of the Richmond Retail Owners Association, in essence, revolves around collecting dues from its members and utilizing these funds to cover the operational expenses of a shared building. This association serves as a homeowners association, managing the financial needs and day-to-day operations of the property, while also fostering a sense of community among its members.
Who is the CEO of Richmond Retail Owners Association?
Unavailable
What is the revenue of Richmond Retail Owners Association?
Richmond Retail Owners Association's revenue in 2022 was $18,960.
Who are the executives of Richmond Retail Owners Association 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 990EZ for Richmond Retail Owners Association?
Richmond Retail Owners Association's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Richmond Retail Owners Association
The Richmond Retail Owners Association, as an organization, is primarily focused on managing its operational expenses. This is achieved by collecting dues from its members. The collected funds are then utilized to cover the expenses required to maintain the association's building, thereby ensuring its smooth operation. This association, often referred to as a social homeowners association, plays a role in fostering a sense of community among its members.
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Impact
October, 2024
The Richmond Retail Owners Association plays a crucial role in sustaining the operational vitality of retail spaces in El Segundo, CA. By collecting dues from its members, the association ensures that all necessary expenses for building maintenance and operations are covered. This financial structure allows retailers to focus on their businesses rather than the administrative burdens of operating a facility.
Additionally, the association fosters a sense of community among retail owners, creating opportunities for collaboration and support. This network promotes a vibrant shopping environment, ultimately benefiting local consumers and enhancing the economic landscape of the area. Through its efforts, the Richmond Retail Owners Association contributes to the overall stability and growth of the retail sector in the region.
This information is meant to be a general summary of Richmond Retail Owners Association. 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.
- Gross Receipts: $18,960
Assets and Liabilities:
- Total Assets: $24,815
- Total Liabilities: $0
- Net Assets: $24,815
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Organization Details
Phone
(310) 335-0112Main Address
121 RICHMOND STREET, EL SEGUNDO, CA, 90245
NTEE Category
Code: Z99 - Unknown
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