Overview
What is Np Machine Works Llc C/O Aew Capital Management Lp?
Np Machine Works Llc C/O Aew Capital Management Lp is a title holding company for real property, established for the sole purpose of acquiring and holding ownership of land. The company generates income from the property and distributes the net income, after deducting expenses, to its shareholders who are exempt from taxation under IRC Sec. 401(a). This organization, led by Mindy Fitzpatrick, operates under the mission of managing real estate investments for its shareholders, providing them with financial gains from the property's income.
Is Np Machine Works Llc C/O Aew Capital Management Lp legitimate?
Np Machine Works Llc C/O Aew Capital Management Lp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Np Machine Works Llc C/O Aew Capital Management Lp 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: $10,004
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What is the mission statement of Np Machine Works Llc C/O Aew Capital Management Lp?
Np Machine Works Llc, under the control of Aew Capital Management Lp, was established with a specific purpose. This purpose involves acquiring and holding title to real property. By doing so, the company generates income from the property. The collected income is then distributed to its shareholders, who are exempt from tax under IRC Sec. 401(A), after deducting any expenses. The company's main objective is to serve as a title holding entity, generating income and distributing it to its tax-exempt shareholders.
Who is the CEO of Np Machine Works Llc C/O Aew Capital Management Lp?
Mindy Fitzpatrick is the Authorized Signatories of Np Machine Works Llc C/O Aew Capital Management Lp.
What is the revenue of Np Machine Works Llc C/O Aew Capital Management Lp?
Np Machine Works Llc C/O Aew Capital Management Lp's revenue in 2022 was $3,645,437.
Who are the executives of Np Machine Works Llc C/O Aew Capital Management Lp and what are their salaries?
There 10 volunteers at Np Machine Works Llc C/O Aew Capital Management Lp.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Np Machine Works Llc C/O Aew Capital Management Lp?
Np Machine Works Llc C/O Aew Capital Management Lp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Np Machine Works Llc C/O Aew Capital Management Lp
Np Machine Works Llc C/O Aew Capital Management Lp is a title holding company with a specific mission. Established with the primary objective of acquiring and holding title to real property, this organization collects income generated from these properties. The company then distributes the total income, deducting expenses, to its shareholders, who are exempt from tax under IRC Sec. 401(A).
In simpler terms, Np Machine Works Llc C/O Aew Capital Management Lp serves as a custodian for real estate properties. It generates income from these properties and then distributes the net income to its tax-exempt shareholders, thereby fulfilling its role as a title holding company. The company is managed by Mindy Fitzpatrick.
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Impact
October, 2024
NP Machine Works LLC, operating as a title holding company for real property, has a significant impact on the real estate landscape in Boston, MA. By acquiring and holding title to various real properties, the organization plays a crucial role in the local property market.
The company collects rental income from its holdings, which supports both property maintenance and community investment. The income generated is then distributed to shareholders after expenses are deducted, incentivizing further investments and management efforts. This model not only supports the financial wellbeing of its shareholders but also contributes to the local economy by stabilizing property values and potentially creating job opportunities through property management and upkeep.
Through its activities, NP Machine Works LLC helps facilitate the efficient use of real estate resources, ensuring properties are maintained and generating income. This, in turn, can lead to enhanced community development and vitality in the areas where it operates. Overall, the company's operations reflect a strategic approach to property management that benefits its stakeholders and the broader community.
This information is meant to be a general summary of Np Machine Works Llc C/O Aew Capital Management Lp. 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: $4,580
- Program Service Revenue: $3,640,857
- Gross Receipts: $3,645,437
Assets and Liabilities:
- Total Assets: $45,889,884
- Total Liabilities: $347,566
- Net Assets: $45,542,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,640,857
Organization Details
Founding Year
2011
Phone
(617) 261-9000Principal Officer
Mindy Fitzpatrick
Main Address
Two Seaport Lane 15th Floor, Boston, MA, 022102021
NTEE Category
Code: Z99 - Unknown
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