Overview
What is 240 Golden Gate Avenue Building Inc?
240 Golden Gate Avenue Building Inc is a nonprofit organization situated in San Francisco, California. Its primary purpose is to manage a property, specifically holding the title and collecting rent. The income generated from this activity is then transferred to a tax-exempt organization named SEIU Local 87. While the specific activities or mission of SEIU Local 87 are not provided in the information, it's clear that 240 Golden Gate Avenue Building Inc plays a crucial role in providing a revenue source for this other organization.
Is 240 Golden Gate Avenue Building Inc legitimate?
240 Golden Gate Avenue Building Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 240 Golden Gate Avenue Building Inc 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: $8,567
For more financial information, click here
What is the mission statement of 240 Golden Gate Avenue Building Inc?
240 Golden Gate Avenue Building Inc is structured to manage a property and collect rental income. The primary objective of this organization is to transfer the net earnings to SEIU Local 87, a tax-exempt entity. While the mission statement specifically focuses on property management and financial remittance, it does not provide information about any broader societal goals or objectives. Therefore, it appears that the mission of 240 Golden Gate Avenue Building Inc is primarily limited to its property management duties and financial transactions with SEIU Local 87.
Who is the CEO of 240 Golden Gate Avenue Building Inc?
Olga Miranda is the President of 240 Golden Gate Avenue Building Inc.
What is the revenue of 240 Golden Gate Avenue Building Inc?
240 Golden Gate Avenue Building Inc's revenue in 2022 was $273,250.
Who are the executives of 240 Golden Gate Avenue Building Inc and what are their salaries?
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $119,466
- Other: $44,290
- Compensation: $0
- Related: $112,422
- Other: $42,811
- Compensation: $0
- Related: $109,178
- Other: $42,129
- Compensation: $0
- Related: $90,083
- Other: $38,119
- Compensation: $0
- Related: $16,573
- Other: $8,281
- Compensation: $0
- Related: $4,571
- Other: $0
- Compensation: $0
- Related: $3,274
- Other: $0
- Compensation: $0
- Related: $3,274
- Other: $0
- Compensation: $0
- Related: $2,910
- Other: $0
- Compensation: $0
- Related: $2,910
- Other: $0
- Compensation: $0
- Related: $2,547
- Other: $0
- Compensation: $0
- Related: $2,547
- Other: $0
- Compensation: $0
- Related: $2,547
- Other: $0
- Compensation: $0
- Related: $1,455
- Other: $0
- Compensation: $0
- Related: $1,273
- Other: $0
- Compensation: $0
- Related: $1,091
- Other: $0
- Compensation: $0
- Related: $1,091
- Other: $0
- Compensation: $0
- Related: $364
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 240 Golden Gate Avenue Building Inc?
240 Golden Gate Avenue Building Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 240 Golden Gate Avenue Building Inc
240 Golden Gate Avenue Building Inc is primarily dedicated to managing a property, serving as its title holder and collecting rent. This organization's primary objective is to channel the income generated from this activity to SEIU Local 87, a tax-exempt organization. The mission of 240 Golden Gate Avenue Building Inc revolves around the maintenance and management of the property, with the ultimate goal of financially supporting a fellow nonprofit organization.
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Impact
October, 2024
240 Golden Gate Avenue Building Inc plays a significant role in supporting community improvement initiatives in San Francisco. By holding title to the property and managing rental income, the organization contributes to the financial stability of SEIU Local 87, which can then utilize these resources for its broader missions and activities. This relationship not only helps sustain the union's operations but also ensures that funds are directed towards programs that benefit the community and its members. The presence of the building facilitates economic activity in the area, fostering a sense of community and providing essential infrastructure that further supports local improvements and union efforts.
This information is meant to be a general summary of 240 Golden Gate Avenue Building Inc. 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.
- Program Service Revenue: $269,750
- Gross Receipts: $273,250
Assets and Liabilities:
- Total Assets: $1,040,543
- Total Liabilities: $895,491
- Net Assets: $145,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$269,750
Organization Details
Founding Year
1951
Phone
(415) 691-4040Principal Officer
Olga Miranda
Main Address
240 Golden Gate Ave, San Francisco, CA, 94102
NTEE Category
Code: S47 - Community improvement
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