Overview
What is London Bridge Plaza Inc?
London Bridge Plaza Inc, located in Lake Havasu City, Arizona, serves as a support system for businesses within its shopping area. With approximately 101 property owners and over 60 businesses operating within the plaza, London Bridge Plaza Inc provides various services to enhance their experience. These services include security, lighting, safety, landscaping, reduced property taxes, and maintenance to the common area. The organization's primary mission is to improve the overall environment and amenities of the Shopping Center Improvement District for all property and business owners. With a staff of five employees, London Bridge Plaza Inc ensures that the businesses within the plaza have access to essential common services, contributing to a more cohesive and thriving commercial area.
Is London Bridge Plaza Inc legitimate?
London Bridge Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. London Bridge Plaza 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: $47,118
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What is the mission statement of London Bridge Plaza Inc?
London Bridge Plaza Inc's mission is centered around providing shared services to all property and business owners within a designated improvement district. Specifically, they offer essential services such as security, lighting, safety, landscaping, reduced property taxes, and maintenance for the common area. These benefits are extended to approximately 101 property owners and over 60 businesses operating within the plaza, aiming to enhance the overall shopping center experience.
What is the revenue of London Bridge Plaza Inc?
London Bridge Plaza Inc's revenue in 2024 was $220,558.
Who are the executives of London Bridge Plaza Inc and what are their salaries?
The average compensation at London Bridge Plaza Inc during 2024 was $9,424. There are 5 employees and 8 volunteers at London Bridge Plaza Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for London Bridge Plaza Inc?
London Bridge Plaza Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of London Bridge Plaza Inc
London Bridge Plaza Inc, as a key entity, is dedicated to providing common services to all property and business owners within the Shopping Center Improvement District. This mission involves enhancing the shared spaces and resources within the shopping area, ensuring a secure, well-lit, and safe environment for the approximately 101 property owners and over 60 businesses operating within the plaza. The organization's role extends beyond just maintenance and upkeep; it works towards decreasing property taxes for businesses, thereby offering financial relief and fostering a sustainable business environment. London Bridge Plaza Inc plays a pivotal role in managing and maintaining the common area, thereby contributing to the overall success and appeal of the shopping center as a whole.
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Impact
October, 2024
London Bridge Plaza Inc plays a pivotal role in enhancing the quality of life and business environment within the Shopping Center Improvement District in Lake Havasu City, AZ. By offering essential services like security, lighting, safety, landscaping, and maintenance, it significantly improves the overall appeal and functionality of the shopping area.
The organization directly benefits approximately 101 property owners and over 60 businesses, ensuring that their shared spaces are well-maintained and inviting. This fosters a sense of community and promotes a safer, more attractive environment for both visitors and residents. Moreover, by helping to decrease property taxes, London Bridge Plaza Inc supports the financial health of its members, allowing businesses to thrive and contributing to the local economy.
In essence, the impact of London Bridge Plaza Inc extends beyond mere services; it facilitates collaboration and cohesion among property and business owners, driving community improvement and enhancing the vitality of the area.
This information is meant to be a general summary of London Bridge Plaza 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $4,338
- Program Service Revenue: $162,388
- Gross Receipts: $220,558
Assets and Liabilities:
- Total Assets: $1,118,665
- Total Liabilities: $9,755
- Net Assets: $1,108,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING SPACE RENTAL
Revenue
$162,388
Organization Details
Founding Year
1986
Principal Officer
Lenny Matzdorff
NTEE Category
Code: S41 - Community improvement
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