Overview
What is 801 West 10th Inc C/O L&B Realty Advisors Llp?
801 West 10th Inc C/O L&B Realty Advisors Llp is a nonprofit organization located in Dallas, Texas (75206). Its primary activity involves acquiring real property and remitting the net income to its tax-exempt shareholder, the Alaska Permanent Fund. In 2022, the organization distributed a total of $829,000 to its shareholder. The nonprofit's operations focus on real estate management, with the aim of generating income for its tax-exempt beneficiary.
Is 801 West 10th Inc C/O L&B Realty Advisors Llp legitimate?
801 West 10th Inc C/O L&B Realty Advisors Llp is a legitimate nonprofit organization registered as a 501(c)(25) entity. 801 West 10th Inc C/O L&B Realty Advisors Llp 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:
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What is the mission statement of 801 West 10th Inc C/O L&B Realty Advisors Llp?
The mission of 801 West 10th Inc C/O L&B Realty Advisors Llp, as stated, is centered around acquiring real property. The primary objective is to generate net income from these properties. This income is then remitted to its tax-exempt shareholder, the Alaska Permanent Fund. In the year 2022, the organization distributed a total of $829,000 to its shareholder. This organization's activities primarily revolve around managing rental real estate properties for its exempt shareholder.
Who is the CEO of 801 West 10th Inc C/O L&B Realty Advisors Llp?
Stacie S Crown is the President/Chairman/Director of 801 West 10th Inc C/O L&B Realty Advisors Llp.
What is the revenue of 801 West 10th Inc C/O L&B Realty Advisors Llp?
801 West 10th Inc C/O L&B Realty Advisors Llp's revenue in 2022 was $881,102.
Who are the executives of 801 West 10th Inc C/O L&B Realty Advisors Llp and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for 801 West 10th Inc C/O L&B Realty Advisors Llp?
801 West 10th Inc C/O L&B Realty Advisors Llp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 801 West 10th Inc C/O L&B Realty Advisors Llp
801 West 10th Inc C/O L&B Realty Advisors Llp is an organization with a singular mission: to acquire real property. This mission is not driven by profit, but rather, it aims to remit the net income derived from these real estate properties to a tax-exempt shareholder. In 2022, the organization distributed a substantial sum of $829,000 to its tax-exempt shareholder, the Alaska Permanent Fund. By acquiring and managing real estate properties, 801 West 10th Inc C/O L&B Realty Advisors Llp contributes to the financial well-being of its tax-exempt shareholder, supporting its charitable endeavors. The organization's role in this process is to effectively manage its real estate portfolio, ensuring a steady stream of income for its tax-exempt shareholder.
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Impact
October, 2024
801 West 10th Inc C/O L&B Realty Advisors Llp significantly impacts the community and stakeholders through its strategic focus on real estate acquisition and income generation. By operating rental real estate property, the organization facilitates the management and maintenance of properties, ensuring they remain viable and beneficial assets.
In 2022, the organization reported total distributions of $829,000 to its exempt shareholder, the Alaska Permanent Fund. This financial contribution underscores its role in enhancing the economic stability of its shareholder, demonstrating a successful model of real estate investment that aligns with long-term financial goals. The organization’s activities contribute to the local economy by fostering property management practices that can lead to job creation and maintenance of community infrastructure.
Moreover, by remitting net income to a tax-exempt shareholder, the organization plays a role in supporting initiatives that can be reinvested for public benefit, enhancing local services or funding state programs. Its focus on real property acquisition and income generation reflects a commitment to prudent financial stewardship, benefiting both its shareholders and the broader community in Dallas, TX.
This information is meant to be a general summary of 801 West 10th Inc C/O L&B Realty Advisors Llp. 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: $1,700,520
Assets and Liabilities:
- Total Assets: $7,375,223
- Total Liabilities: $93,113
- Net Assets: $7,282,110
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Organization Details
Founding Year
1998
Phone
(214) 989-0800Principal Officer
Stacie S Crown
Main Address
5910 N CENTRAL EXPRESSWAY 1200, DALLAS, TX, 75206
NTEE Category
Code: Z99 - Unknown
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