Overview
What is Np Bridge Point North Llc C/O Aew Capital Management Lp?
NP Bridge Point North LLC, managed by Mindy Fitzpatrick, is a title-holding company focused on real estate. Its primary objective is to acquire property titles and generate income from these assets. The company then distributes the income, after deducting expenses, to shareholders who hold tax-exempt status as per IRC Sec.40. Essentially, NP Bridge Point North LLC serves as a vehicle for investing in real estate, with the goal of generating income for its tax-exempt shareholders.
Is Np Bridge Point North Llc C/O Aew Capital Management Lp legitimate?
Np Bridge Point North Llc C/O Aew Capital Management Lp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Np Bridge Point North Llc C/O Aew Capital Management Lp 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 Np Bridge Point North Llc C/O Aew Capital Management Lp?
Np Bridge Point North Llc C/O Aew Capital Management Lp was established with the primary objective of acquiring and holding title to real property. Its mission is to generate income from these properties and distribute the earnings, after deducting expenses, to its shareholders. Notably, these shareholders enjoy exemption from taxation under IRC Sec.401(a). The company's primary role is to manage and generate income from its real estate holdings, with the profits being distributed to its exempt shareholders.
Who is the CEO of Np Bridge Point North Llc C/O Aew Capital Management Lp?
Mindy Fitzpatrick is the Authorized Signatories of Np Bridge Point North Llc C/O Aew Capital Management Lp.
What is the revenue of Np Bridge Point North Llc C/O Aew Capital Management Lp?
Np Bridge Point North Llc C/O Aew Capital Management Lp's revenue in 2022 was $6,828,521.
Who are the executives of Np Bridge Point North Llc C/O Aew Capital Management Lp and what are their salaries?
There 10 volunteers at Np Bridge Point North Llc C/O Aew Capital Management Lp.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Np Bridge Point North Llc C/O Aew Capital Management Lp?
Np Bridge Point North Llc C/O Aew Capital Management Lp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Np Bridge Point North Llc C/O Aew Capital Management Lp
Np Bridge Point North Llc C/O Aew Capital Management Lp is primarily a title holding company for real property. Its mission is centered around acquiring real estate and generating income from it. This income is then distributed to its shareholders, who are exempt from tax under IRC Sec.401(a). The company's primary role is to collect revenue from its property holdings and subsequently pass on the majority of this income to its exempt shareholders, after deducting expenses.
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Impact
October, 2024
NP Bridge Point North LLC, managed by Mindy Fitzpatrick, primarily focuses on acquiring and holding title to real property. This activity not only contributes to the real estate sector but also facilitates income generation that benefits its shareholders. As a title holding company, it plays a critical role in maintaining and managing properties while ensuring that the income produced is effectively distributed to its shareholders.
The organization’s commitment to collecting and redistributing income aligns with broader community improvement goals. By channeling resources into property management, it can stimulate local economies, provide stability in the housing market, and potentially support development initiatives in the areas where it operates. Its tax-exempt status for shareholders under IRC Sec. 401 further enhances its capacity to contribute financially to community efforts, making it a valuable entity in Boston’s real estate landscape.
This information is meant to be a general summary of Np Bridge Point North Llc C/O Aew Capital Management Lp. 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: $2,984
- Program Service Revenue: $6,825,537
- Gross Receipts: $6,828,521
Assets and Liabilities:
- Total Assets: $95,360,157
- Total Liabilities: $1,736,835
- Net Assets: $93,623,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$6,825,537
Organization Details
Founding Year
2019
Phone
(617) 261-9000Principal Officer
Mindy Fitzpatrick
Main Address
TWO SEAPORT LANE 15TH FLOOR, BOSTON, MA, 022102021
NTEE Category
Code: S47 - Community improvement
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