Overview
What is Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation?
Knickerbocker Centennial LLC, under the oversight of Sentinel Real Estate Corporation, operates as a Pension Benefit Organization. Its primary mission is to manage and hold title to various properties on behalf of pensioners affiliated with the New York State Teachers' Retirement System (NYSTRS). By doing so, Knickerbocker Centennial LLC contributes to the financial well-being of these retirees, ensuring their pension benefits are secured through real estate investments.
Is Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation legitimate?
Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation 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.
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What is the mission statement of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation?
Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation functions as a Pension Benefit Organization. Its primary role is to manage the title to various properties, acting on behalf of New York State Teachers' Retirement System (NYSTRS) pensioners. The mission of this organization is to ensure the pensioners derive benefits from these properties. It serves as a custodian, safeguarding the interests of the pensioners by managing the properties effectively. The goal is to maximize returns and provide steady income streams to the pensioners. The organization does not have a mission statement in the traditional sense, but its primary function is to serve the financial interests of NYSTRS pensioners through property management.
Who is the CEO of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation?
Michael Streicker is the President of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation.
What is the revenue of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation?
Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation's revenue in 2022 was $3,674,899.
Who are the executives of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation?
Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation
Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation, as a Pension Benefit Organization, plays a crucial role in managing real estate properties for the benefit of New York State Teachers' Retirement System (NYSTRS) pensioners. This organization holds the title to various properties, acting as a steward to ensure these assets generate income that ultimately supports the retirement benefits of eligible individuals. By serving as a Pension Benefit Organization, Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation contributes to the financial well-being of retired educators in New York State.
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Impact
October, 2024
Knickerbocker Centennial LLC, through its role as a Pension Benefit Organization, plays a significant role in enhancing the financial security and quality of life for NYSTRS pensioners. By holding the title to multiple properties, it ensures that the assets are managed effectively for the benefit of retirees, contributing to their overall economic stability.
The organization’s activities directly impact the community by improving local real estate and supporting sustainable growth. This not only benefits pensioners but also enhances the neighborhood's vitality, fostering a stronger community environment. Additionally, by managing properties responsibly, Knickerbocker Centennial LLC promotes community improvement and contributes to broader economic development within New York.
In essence, its commitment to supporting pensioners translates to a positive impact beyond individual beneficiaries, creating a ripple effect of economic and social benefits throughout the community.
This information is meant to be a general summary of Knickerbocker Centennial Llc C/O Sentinel Real Estate Corporation. 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.
- Gross Receipts: $6,820,253
Assets and Liabilities:
- Total Assets: $114,902,218
- Total Liabilities: $37,988,441
- Net Assets: $76,913,777
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Organization Details
Founding Year
2021
Phone
(212) 408-5007Principal Officer
Michael Streicker
Main Address
1251 AVENUE OF THE AMERICAS 35TH F, NEW YORK, NY, 10020
NTEE Category
Code: S47 - Community improvement
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