Overview
What is Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation?
Knickerbocker TN Estates LLC, in association with Sentinel Real Estate Corporation, serves as a Pension Benefit Organization in New York, NY. This organization plays a crucial role by holding the title to various properties, all of which are owned to benefit the NYSTRS Pension Benefit Organization. The primary function of Knickerbocker TN Estates LLC is to manage these properties for the betterment of the pension fund beneficiaries. The organization's location in New York, NY, is a testament to its dedication to supporting the financial security of its associated pension plan members.
Is Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation legitimate?
Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. Knickerbocker Tn Estates 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 Tn Estates Llc C/O Sentinel Real Estate Corporation?
Knickerbocker TN Estates LLC, under the management of Sentinel Real Estate Corporation, functions as a Pension Benefit Organization. Its primary role is to manage and hold the title to various properties, which serve the benefit of the New York State Teachers' Retirement System (NYSTRS) pension benefit organization. The organization's primary mission is to manage and protect these assets, ensuring they are utilized for the intended retirement benefits of the NYSTRS members. While the organization itself does not directly provide retirement benefits, its role is crucial in providing the financial infrastructure for these benefits. The properties owned by Knickerbocker TN Estates LLC contribute to the long-term financial stability and security of the NYSTRS pension plan.
Who is the CEO of Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation?
Michael Streicker is the President of Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation.
What is the revenue of Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation?
Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation's revenue in 2022 was $3,607,801.
Who are the executives of Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Knickerbocker Tn Estates Llc C/O Sentinel Real Estate Corporation?
Knickerbocker Tn Estates 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 Tn Estates Llc C/O Sentinel Real Estate Corporation
Knickerbocker TN Estates LLC, functioning as a Pension Benefit Organization, assumes the title to various properties. The primary purpose of this organization is to manage these properties on behalf of the NYSTRS Pension Benefit Organization. By doing so, Knickerbocker TN Estates LLC ensures the financial well-being of its beneficiaries, providing them with a stable source of income through the rental or sale of these properties. By acting as a Pension Benefit Organization, Knickerbocker TN Estates LLC plays a crucial role in securing the financial future of its associated pension benefit organization.
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Impact
October, 2024
Knickerbocker TN Estates LLC, operating through Sentinel Real Estate Corporation, plays a crucial role in managing and holding the title to various properties. By serving as a Pension Benefit Organization, it directly supports the New York State Teachers' Retirement System (NYSTRS) by ensuring that the properties are held for the benefit of its pension beneficiaries. This structure helps secure financial stability and retirement benefits for educators in New York, contributing to their welfare and the overall robustness of the pension system. The organization's activities facilitate effective property management, which can enhance the value of the assets contributing to the pension fund, ultimately benefiting retirees and supporting their financial security. Through its operations in New York, Knickerbocker TN Estates LLC helps reinforce the safety net for teachers, allowing them to rely on their pensions for a stable retirement.
This information is meant to be a general summary of Knickerbocker Tn Estates 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: $6,653,211
Assets and Liabilities:
- Total Assets: $91,726,503
- Total Liabilities: $29,038,484
- Net Assets: $62,688,019
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Organization Details
Founding Year
2021
Phone
(212) 408-5007Principal Officer
Michael Streicker
Main Address
1251 AVE OF THE AMERICAS 35TH FL, NEW YORK, NY, 10020
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