Overview
What is The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp?
The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp is a nonprofit organization based in Dallas, Texas. Its primary mission is to acquire real property and remit the net income to its tax-exempt shareholder, the Alaska Permanent Fund. The organization operated a rental real estate property in 2022, generating a total distribution of $3,041,008 to its shareholder. The nonprofit's activities are focused on managing property investments in order to financially support its tax-exempt shareholder.
Is The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp legitimate?
The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp is a legitimate nonprofit organization registered as a 501(c)(25) entity. The Commons At Willowbrook 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 The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp?
The organization known as The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp primarily focuses on acquiring real property. Their primary objective is to generate income from these properties and subsequently remit this net income to their tax-exempt shareholder. In 2022, they distributed a significant sum of $3,041,008 to their tax-exempt shareholder, the Alaska Permanent Fund. While their mission does not involve direct social services or charitable causes, it contributes to the financial stability of their tax-exempt shareholder.
Who is the CEO of The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp?
Stacie S Crown is the President/Chairman/Director of The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp.
What is the revenue of The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp?
The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp's revenue in 2022 was $3,663,563.
Who are the executives of The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp?
The Commons At Willowbrook 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 The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp
The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp, as a nonprofit organization, is dedicated to fulfilling a specific mission. This mission revolves around the acquisition of real property, with the ultimate goal of remitting the net income generated from these properties to its tax-exempt shareholder. The shareholder in question is the Alaska Permanent Fund, a renowned tax-exempt entity with the tax identification number 92-6001185. In 2022, The Commons At Willowbrook Inc C/O L&B Realty Advisors Llp distributed a significant sum of $3,041,008 to its shareholder, demonstrating the success of its real estate ventures. The organization's mission is essentially to serve as a real estate investment vehicle, leveraging its resources to generate income for its tax-exempt shareholder.
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Impact
October, 2024
The Commons At Willowbrook Inc C/O L&B Realty Advisors LLP plays a significant role in the real estate sector by acquiring properties and managing rental operations effectively. By doing so, it generates substantial income, which it then distributes to its primary shareholder, the Alaska Permanent Fund. In 2022 alone, the organization distributed over $3 million to this shareholder.
This financial activity not only supports the shareholder financially but also contributes to community improvement initiatives in Dallas, Texas. The organization’s focus on rental property management helps ensure that quality housing is available, which can enhance the overall community landscape and living standards. Through its dedicated efforts in real estate, The Commons At Willowbrook Inc is able to positively impact both its shareholders and the broader community.
This information is meant to be a general summary of The Commons At Willowbrook 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.
- Investment Income: $57
- Gross Receipts: $8,356,612
Assets and Liabilities:
- Total Assets: $86,492,809
- Total Liabilities: $40,797,956
- Net Assets: $45,694,853
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Organization Details
Founding Year
1994
Phone
(214) 989-0800Principal Officer
Stacie S Crown
Main Address
5910 N CENTRAL EXPRESSWAY 1200, DALLAS, TX, 75206
NTEE Category
Code: S47 - Community improvement
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