Overview
What is Shr Holdings Inc?
Shr Holdings Inc is a nonprofit organization based in Redwood City, California. Their primary role involves holding title to real estate and remitting the revenue derived from these properties to the Board of Trustees of Leland Stanford Junior University, also known as Stanford University. In essence, Shr Holdings acts as a real estate custodian, generating approximately $26.1 million in net rental income for Stanford University.
Is Shr Holdings Inc legitimate?
Shr Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Shr Holdings 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: $0
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What is the mission statement of Shr Holdings Inc?
Shr Holdings Inc serves as the trustee of real estate properties, generating revenue from these holdings and transferring it to the Leland Stanford Junior University's Board of Trustees. The organization's primary role revolves around managing real estate assets and distributing the earned income to the educational institution. The financial contribution, amounting to approximately $26.1 million in net rental income, supports the operations and initiatives of the university. By acting as a landholder and revenue generator, Shr Holdings Inc plays a crucial role in financially sustaining Stanford University.
Who is the CEO of Shr Holdings Inc?
Jean Snider is the President of Shr Holdings Inc.
What is the revenue of Shr Holdings Inc?
Shr Holdings Inc's revenue in 2022 was $26,148,701.
Who are the executives of Shr Holdings Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $774,544
- Other: $237,395
- Compensation: $0
- Related: $673,668
- Other: $158,093
- Compensation: $0
- Related: $297,065
- Other: $63,963
Where can I find the form 990 for Shr Holdings Inc?
Shr Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shr Holdings Inc
Shr Holdings Inc, a holding company, plays a unique role in supporting Leland Stanford Junior University, also known as Stanford University. The organization holds title to real estate and generates revenue from it, which is subsequently remitted to the university's Board of Trustees. In essence, Shr Holdings acts as a real estate arm for Stanford University, generating significant income for the institution.
According to the provided information, Shr Holdings generated approximately $26.1 million in net rental income for Stanford University in an approximate year. This substantial revenue contributes to the financial stability and growth of the university, enabling it to further its educational mission and invest in research and development.
Although the specifics of the real estate holdings and the nature of the revenue-generating activities are not mentioned in the information, we can infer that Shr Holdings' mission is centered around managing and monetizing real estate assets for the benefit of Stanford University. By holding title to real estate and remitting the resulting revenue, Shr Holdings plays a crucial role in ensuring the financial sustainability and success of the esteemed educational institution.
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Impact
October, 2024
Shr Holdings Inc significantly impacts the financial resources available to Stanford University by effectively managing real estate assets and generating substantial rental income. With approximately $26.1 million in net rental income, the organization plays a crucial role in supporting the university's mission and initiatives. Located in Redwood City, CA, Shr Holdings Inc's focus on holding title to real estate translates into consistent revenue streams, which can be redirected to various educational programs and community improvement efforts at Stanford University. This financial support enhances the university’s capacity to invest in future developments, research, and community engagement initiatives, thereby fostering overall growth and improvement in the surrounding area.
This information is meant to be a general summary of Shr Holdings 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.
- Gross Receipts: $32,578,368
Assets and Liabilities:
- Total Assets: $405,786,410
- Total Liabilities: $1,257,049
- Net Assets: $404,529,361
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Organization Details
Founding Year
1993
Phone
(650) 498-6259Principal Officer
Jean Snider
Main Address
485 BROADWAY MAIL CODE 8838, REDWOOD CITY, CA, 94063
NTEE Category
Code: S47 - Community improvement
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