Overview
What is City Of Scottsdale Municipal Property Corporation?
The City of Scottsdale Municipal Property Corporation is a nonprofit organization based in Scottsdale, Arizona, with the primary mission to finance capital projects for the city. They focus exclusively on raising funds for infrastructure improvements and development projects, covering expenses related to debt service, principal and interest payments, bond administration fees, and related capital enhancements.
Is City Of Scottsdale Municipal Property Corporation legitimate?
City Of Scottsdale Municipal Property Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. City Of Scottsdale Municipal Property 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of City Of Scottsdale Municipal Property Corporation?
The City of Scottsdale Municipal Property Corporation is established with the primary goal of financing capital projects for a municipal entity. Its mission is focused solely on raising funds for the execution of major infrastructure developments within the city. All expenses incurred by the corporation are directed towards debt service for principal and interest payments, administrative fees related to bond management, and the implementation of capital improvements.
Who is the CEO of City Of Scottsdale Municipal Property Corporation?
Dennis Robbins is the President of City Of Scottsdale Municipal Property Corporation.
What is the revenue of City Of Scottsdale Municipal Property Corporation?
City Of Scottsdale Municipal Property Corporation's revenue in 2022 was $48,828,086.
Who are the executives of City Of Scottsdale Municipal Property Corporation and what are their salaries?
There 5 volunteers at City Of Scottsdale Municipal Property Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for City Of Scottsdale Municipal Property Corporation?
City Of Scottsdale Municipal Property Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Scottsdale Municipal Property Corporation
The City of Scottsdale Municipal Property Corporation is a unique entity, dedicated solely to financing capital projects for the City of Scottsdale, Arizona. Its mission is centered around raising funds for significant infrastructure developments that enhance the city's overall growth and progress. All of its resources are allocated for debt service payments, administrative fees associated with bond issuance, and actual capital improvements. In essence, the Corporation serves as a financial catalyst for the City of Scottsdale, enabling it to undertake essential projects for the betterment of its community. By providing the necessary capital, the Corporation enables the city to maintain its infrastructure, ensuring a high standard of living for its residents. With a focus on financing, the Corporation plays a crucial role in the City of Scottsdale's development, making possible the execution of capital projects that contribute to the city's economic vitality and growth.
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Impact
October, 2024
The City of Scottsdale Municipal Property Corporation plays a crucial role in financing capital projects for Scottsdale, Arizona. By providing necessary funding, the corporation supports a range of initiatives aimed at enhancing public infrastructure and services within the city. This includes covering expenses related to debt service, bond administration fees, and capital improvements.
Through its financial activities, the corporation facilitates development projects that contribute to the community’s growth and vitality. This support is essential for maintaining and upgrading public facilities, ensuring that the city can meet the evolving needs of its residents and visitors. By focusing on these capital projects, the corporation directly impacts the quality of life in Scottsdale, promoting a sustainable and thriving community.
The corporation's mission emphasizes its commitment to the public benefit, underscoring its strategic role in fostering development that serves the interests of the city and its inhabitants.
This information is meant to be a general summary of City Of Scottsdale Municipal Property 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.
- Investment Income: $623
- Program Service Revenue: $48,827,463
- Gross Receipts: $48,828,086
Assets and Liabilities:
- Total Assets: $479,997,584
- Total Liabilities: $479,821,385
- Net Assets: $176,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE PMNTS FROM CITY
Revenue
$48,827,463
Organization Details
Founding Year
1967
Phone
(480) 312-2437Principal Officer
Dennis Robbins
Main Address
7447 E INDIAN SCHOOL RD 210, SCOTTSDALE, AZ, 85251
NTEE Category
Code: W20 - Public benefit
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