Tmt Monaco I-70 Inc

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

EIN: 843341657 ✦ San francisco, CA ✦ Designated as a 501(c)(25)

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Overview

What is Tmt Monaco I-70 Inc?

Tmt Monaco I-70 Inc is a Title Holding Corporation based in San Francisco, California, specifically engaged in the real estate industry. Their primary function involves managing and holding title deeds for various real estate properties. This organization operates as a vital intermediary in real estate transactions, ensuring the legal transfer of property ownership. Despite being described as a nonprofit, Tmt Monaco I-70 Inc may not be a traditional nonprofit organization, as its primary activity is related to the real estate industry.

Is Tmt Monaco I-70 Inc legitimate?

Tmt Monaco I-70 Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Tmt Monaco I-70 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

For more financial information, click here

What is the mission statement of Tmt Monaco I-70 Inc?

Tmt Monaco I-70 Inc, functioning within the real estate industry, primarily serves as a Title Holding Corporation for Real Property. Its mission is centered around managing and safeguarding property titles, ensuring secure and legitimate transactions in real estate. The company's operations are geared towards maintaining the integrity of real estate titles, thereby promoting trust and reliability in property transactions. Tmt Monaco I-70 Inc's role is instrumental in facilitating smooth real estate transactions, mitigating potential conflicts and disputes related to property titles.

Who is the CEO of Tmt Monaco I-70 Inc?

Eileen Tongson is the See Supplementa of Tmt Monaco I-70 Inc.

What is the revenue of Tmt Monaco I-70 Inc?

Tmt Monaco I-70 Inc's revenue in 2022 was $2,065,117.

Who are the executives of Tmt Monaco I-70 Inc and what are their salaries?


There is 1 key member and their salary:


See Supplemental Information (See Supplementa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tmt Monaco I-70 Inc?

Tmt Monaco I-70 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tmt Monaco I-70 Inc

Tmt Monaco I-70 Inc, as a Title Holding Corporation for Real Property, plays a significant role in the real estate industry. Its mission, in simple terms, is to manage and oversee the ownership of real estate properties. However, it's important to note that the specifics of how they achieve this are not provided in the information given. As a Title Holding Corporation, Tmt Monaco I-70 Inc likely manages the legal title of properties, ensuring that ownership is secure and transparent. This service is crucial in the real estate industry, as it can help to prevent disputes and ensure smooth transactions. By operating in a title holding capacity, Tmt Monaco I-70 Inc provides a valuable service, contributing to the efficiency and reliability of the real estate market.

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Impact




October, 2024

Tmt Monaco I-70 Inc plays a significant role in the real estate industry by functioning as a title holding corporation for real property in San Francisco, CA. Its activities contribute to community improvement by managing and holding titles to various properties, potentially stabilizing and enhancing the urban landscape. By ensuring clear property titles, Tmt Monaco I-70 helps to facilitate real estate transactions, making it easier for individuals and businesses to buy, sell, or develop property. This can promote economic growth and attract investment in the area, ultimately benefiting the local community. Additionally, through its focus on real estate, the corporation may engage in practices that foster responsible property development, contributing to sustainable community initiatives.




This information is meant to be a general summary of Tmt Monaco I-70 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.

Revenue
$2,065,117 (2022)
Expenses
$2,027,066 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,065,117
  • Gross Receipts: $2,065,117

Assets and Liabilities:

  • Total Assets: $33,166,048
  • Total Liabilities: $14,331,608
  • Net Assets: $18,834,440

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Programs

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

Rent

Revenue

$1,280,945

Recoveries

Revenue

$784,172

Organization Details

Founding Year

2019

Principal Officer

Eileen Tongson

Main Address

4 Embarcadero Center Suite 3300, San Francisco, CA, 94111

NTEE Category

Code: S47 - Community improvement

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