City Of Glendale Municipal Property Corp

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

EIN: 860436743 ✦ Glendale, AZ ✦ Designated as a 501(c)(4)

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Overview

What is City Of Glendale Municipal Property Corp?

The City of Glendale Municipal Property Corporation is a nonprofit organization headquartered in Glendale, Arizona. This entity works closely with the City of Glendale to finance various construction projects, such as street lights, municipal facilities, recreational centers, parking garages, media centers, convention centers, and public properties. By providing financing, the corporation plays a crucial role in bringing these essential infrastructure projects to fruition. Its primary mission is dedicated to supporting the City of Glendale's efforts to enhance public spaces and facilities.


Official website here: www.glendaleaz.com

What are the reviews and ratings of this charity?

The City Of Glendale Municipal Property Corp is not currently rated by Charity Navigator. This is primarily due to its classification as a non-501(c)(3) IRS registered nonprofit, which precludes it from being evaluated under Charity Navigator's standard criteria. Consequently, the organization is excluded from assessments on key indicators like Accountability & Finance, and Leadership & Adaptability.

The absence of a rating on Charity Navigator doesn't imply a positive or negative view but highlights the organization's exemption from typical nonprofit evaluation methods due to its status. Moreover, there's no available financial data, including revenue and expenses or information on key personnel salaries, further limiting assessment capabilities for public donors.

There are no user reviews or additional feedback available on GreatNonprofits, leaving a gap in community and stakeholder perspectives that typically offer insight into a nonprofit's on-the-ground impact and reputation.


This AI summary has been generated from information found on Charity Navigator.

Is City Of Glendale Municipal Property Corp legitimate?

City Of Glendale Municipal Property Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. City Of Glendale Municipal Property Corp 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.glendaleaz.com

What is the mission statement of City Of Glendale Municipal Property Corp?

The City of Glendale Municipal Property Corporation plays a crucial role in financing construction projects for municipal properties. Its mission is geared towards funding the development of various municipal structures, encompassing street lights, facilities, recreational centers, parking garages, media centers, convention centers, and public spaces. By aiding the City of Glendale financially, it enables the successful completion of these projects that contribute significantly to the community.


Official website here: www.glendaleaz.com

Who is the CEO of City Of Glendale Municipal Property Corp?

Roger Schwierjohn is the President/Chair of City Of Glendale Municipal Property Corp.


Official website here: www.glendaleaz.com

What is the revenue of City Of Glendale Municipal Property Corp?

City Of Glendale Municipal Property Corp's revenue in 2022 was $19,719,000.


Official website here: www.glendaleaz.com

Who are the executives of City Of Glendale Municipal Property Corp and what are their salaries?

There 4 volunteers at City Of Glendale Municipal Property Corp.


Here are 4 key members and their salaries:


Leland W Peterson (President/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jones (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Schwierjohn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Leckie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.glendaleaz.com

Where can I find the form 990 for City Of Glendale Municipal Property Corp?

City Of Glendale Municipal Property Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.glendaleaz.com

Learn more at the official website: www.glendaleaz.com

Mission Statement of City Of Glendale Municipal Property Corp

The City of Glendale Municipal Property Corporation, also known as the Civic Body responsible for financing municipal projects in Glendale, works closely with the local government to fund the construction of various public structures and facilities. This nonprofit organization's primary mission lies in financing municipal properties, encompassing a wide range of projects such as street lights, municipal buildings, recreational centers, parking garages, media centers, convention centers, and other public properties. By doing so, it contributes significantly to the development and enhancement of the city's infrastructure.

In essence, the City of Glendale Municipal Property Corporation serves as a financier, providing the necessary capital for the city to bring its vision for public spaces and essential services to life. Its mission is driven by a commitment to ensuring the financial success of municipal projects, ultimately contributing to the overall growth and improvement of the community. By allocating resources towards these initiatives, the organization lays the groundwork for the city to thrive and meet the needs of its residents effectively.

Through its dedication to financing municipal properties, the City of Glendale Municipal Property Corporation plays a vital role in shaping the cityscape and providing essential services to the community. Its collaborative efforts with the local government enable Glendale to make meaningful progress in various areas, ensuring the city remains a vibrant and forward-thinking place for its residents.

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Impact




October, 2024

City Of Glendale Municipal Property Corp plays a significant role in enhancing the infrastructure and facilities within Glendale, AZ. By financing various construction projects, it helps develop key municipal properties that benefit the community. This includes the installation of street lights, the construction of municipal facilities, multipurpose recreation areas, parking garages, media centers, and convention centers. Each of these projects contributes to the overall quality of life for residents, providing essential services and recreational opportunities while fostering community engagement and economic development. Through its efforts, the Corporation supports the city's growth and improves public accessibility to various amenities, ensuring that Glendale continues to be a vibrant and thriving community.




This information is meant to be a general summary of City Of Glendale Municipal Property Corp. 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
$19,719,000 (2022)
Expenses
$14,484,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,000
  • Program Service Revenue: $19,713,000
  • Gross Receipts: $19,719,000

Assets and Liabilities:

  • Total Assets: $241,439,000
  • Total Liabilities: $232,396,000
  • Net Assets: $9,043,000

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Programs

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

TRANSFERS FROM CITY

Revenue

$14,501,000

INTERGOVERNMENTAL

Revenue

$5,212,000

Organization Details

Founding Year

1982

Principal Officer

Roger Schwierjohn

Main Address

5850 WEST GLENDALE AVENUE 302, GLENDALE, AZ, 85301

NTEE Category

Code: S00 - Community improvement

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