Overview
What is 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen?
2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen is a 501(C)(25) organization, located at 2600 Cordova Street 201, Anchorage, AK 99503. Its primary purpose is to acquire real property, manage it, and generate income. The organization retains the income, deducting expenses, before distributing the entire amount to its sole member, the Alaska Mental Health Trust Authority, which is a government branch that meets the requirements of section 501(C)(25)(C). This nonprofit's mission revolves around real estate investment and revenue distribution.
Is 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen legitimate?
2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen is a legitimate nonprofit organization registered as a 501(c)(25) entity. 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen 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
For more financial information, click here
What is the mission statement of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen?
The mission of 2618 Commercial Dr Investment Group Llc, as overseen by Tlo Commercial Real Estate Department, is centered around acquiring and holding real property. Their primary objective is to collect income from these properties and subsequently distribute the entire income, after deducting expenses, to its members. This organization operates with a sole member, the Alaska Mental Health Trust Authority, which meets the requirements for section 501(C)(25)(C).
Who is the CEO of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen?
Jusdi Warner is the Jusdi Warner, Officer Of Manager As Of 9/1 of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen.
What is the revenue of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen?
2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen's revenue in 2022 was $236,766.
Who are the executives of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen and what are their salaries?
There 1 volunteer at 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $167,276
- Other: $21,924
- Compensation: $0
- Related: $179,210
- Other: $14,760
Where can I find the form 990 for 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen?
2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen
2618 Commercial Dr Investment Group LLC, as a 501(C)(25) organization, was established with a singular focus. Its mission involves acquiring real property, holding the title to these properties, and collecting income generated from these properties. This group's primary objective is to remit the entire income collected (after deducting expenses) directly to its members. The sole member of this LLC is the Alaska Mental Health Trust Authority, a governmental body that meets the criteria specified in Section 501(C)(25)(C). This organization's operations are centered around this specific purpose, making income distribution to its members the core of its activities.
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Impact
October, 2024
2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Department plays a pivotal role in enhancing local real estate assets in Anchorage, AK. By acquiring and managing properties, the group is focused on maximizing income from these investments. This income is then remitted to its sole member, the Alaska Mental Health Trust Authority, which is crucial for funding mental health initiatives and services within the state.
The organization's activities contribute to community improvement by maintaining and utilizing real estate in a way that supports local economic stability. This structure not only fosters a sustainable income stream for the Alaska Mental Health Trust Authority but also allows for reinvestment in community services that directly benefit residents in Anchorage and beyond. As a result, the investment group's operations directly impact the quality of life and accessibility of mental health resources in the region.
This information is meant to be a general summary of 2618 Commercial Dr Investment Group Llc C/O Tlo Commercial Real Estate Departmen. 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: $138
- Program Service Revenue: $236,628
- Gross Receipts: $236,766
Assets and Liabilities:
- Total Assets: $2,900,918
- Total Liabilities: $937,083
- Net Assets: $1,963,835
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$236,628
Organization Details
Founding Year
2012
Phone
(907) 269-8572Principal Officer
Jusdi Warner
Main Address
2600 CORDOVA STREET 201, ANCHORAGE, AK, 99503
NTEE Category
Code: S470 - Community improvement
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