Overview
What is North Highland Avenue 1233 Corp?
North Highland Avenue 1233 Corp is a nonprofit organization, established with the primary objective of acquiring and holding title to real property. Their main mission is to develop this property and generate income, which is then remitted to their sole shareholder, a pension plan. The organization is situated at 2025 Pioneer Court, San Mateo, CA 94403. While primarily focused on real estate and income generation, the exact nature and scope of the organization's activities beyond these goals are not specified in the provided information.
Is North Highland Avenue 1233 Corp legitimate?
North Highland Avenue 1233 Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. North Highland Avenue 1233 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:
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What is the mission statement of North Highland Avenue 1233 Corp?
North Highland Avenue 1233 Corp was established with the primary objective of acquiring and holding title to real property. Its primary function is to develop this property and generate income. This income is then remitted to its sole shareholder, which is a pension plan. In essence, the company's mission is to invest in property and generate income for its pension plan shareholder.
What is the revenue of North Highland Avenue 1233 Corp?
North Highland Avenue 1233 Corp's revenue in 2023 was $15,335.
Who are the executives of North Highland Avenue 1233 Corp and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for North Highland Avenue 1233 Corp?
North Highland Avenue 1233 Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of North Highland Avenue 1233 Corp
North Highland Avenue 1233 Corp was established with a specific purpose: to acquire and hold title to real property. Its primary objective is to develop this property and generate income. This income, in turn, is remitted to its sole shareholder, a pension plan. In essence, North Highland Avenue 1233 Corp serves as a real estate investment vehicle, aimed at providing financial benefits to its pension plan shareholder.
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Impact
October, 2024
North Highland Avenue 1233 Corp plays a pivotal role in the San Mateo real estate landscape by acquiring and holding title to properties, which contributes to the availability and management of housing in the area. By focusing on real estate development, the organization not only enhances local infrastructure but also generates income that is essential for supporting a pension plan. This ensures a sustainable financial model that can have long-term benefits for the community and stakeholders involved. The emphasis on housing facilitates better living conditions, potentially contributing to the overall development and economic stability of San Mateo.
This information is meant to be a general summary of North Highland Avenue 1233 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $15,335
- Gross Receipts: $15,335
Assets and Liabilities:
- Total Assets: $46,295,455
- Total Liabilities: $1,360,352
- Net Assets: $44,935,103
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Organization Details
Founding Year
2021
Principal Officer
Victor Kwok
NTEE Category
Code: L80 - Housing
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