Overview
What is 249 And Centerfield Inc C/O L&B Realty Advisors Llp?
249 And Centerfield Inc C/O L&B Realty Advisors Llp is a nonprofit organization situated in Dallas, Texas, with an address at 5910 N Central Expressway 1200. Its primary mission is to acquire real property and subsequently remit the net income generated from this property to its tax-exempt shareholder, the Alaska Permanent Fund, as indicated by its Tax ID Number 92-6001185. In 2022, the organization distributed a total of $888,000 to its shareholder.
Is 249 And Centerfield Inc C/O L&B Realty Advisors Llp legitimate?
249 And Centerfield Inc C/O L&B Realty Advisors Llp is a legitimate nonprofit organization registered as a 501(c)(25) entity. 249 And Centerfield 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 249 And Centerfield Inc C/O L&B Realty Advisors Llp?
249 And Centerfield Inc C/O L&B Realty Advisors Llp's primary objective is to acquire real property. The organization's main purpose is to generate income from these properties and then distribute this net income to its tax-exempt shareholder. In 2022, the total distributions to its shareholder, the Alaska Permanent Fund, amounted to $888,000. While the specifics of the real estate properties or the nature of the tax-exempt shareholder are not provided, it is clear that the organization's role is to manage these properties for the benefit of its exempt shareholder.
Who is the CEO of 249 And Centerfield Inc C/O L&B Realty Advisors Llp?
Stacie S Crown is the President/Chairman/Director of 249 And Centerfield Inc C/O L&B Realty Advisors Llp.
What is the revenue of 249 And Centerfield Inc C/O L&B Realty Advisors Llp?
249 And Centerfield Inc C/O L&B Realty Advisors Llp's revenue in 2022 was $888,861.
Who are the executives of 249 And Centerfield 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 249 And Centerfield Inc C/O L&B Realty Advisors Llp?
249 And Centerfield 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 249 And Centerfield Inc C/O L&B Realty Advisors Llp
249 And Centerfield Inc C/O L&B Realty Advisors Llp, as a nonprofit organization, is primarily focused on acquiring real property. Its primary mission is to generate net income from these properties and subsequently remit this income to its tax-exempt shareholder. In 2022, the organization distributed a total of $888,000 to its main beneficiary, the Alaska Permanent Fund. The organization's operations revolve around managing rental real estate properties, with the goal of generating income for its designated tax-exempt shareholder.
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Impact
October, 2024
249 And Centerfield Inc C/O L&B Realty Advisors LLP plays a significant role in the community by acquiring real property and generating income that is redistributed to support the Alaska Permanent Fund. By managing rental real estate properties, the organization contributes to the sustainability of the local economy and provides financial support to an entity that benefits the public. In 2022, their operations led to total distributions of $888,000, underscoring their economic impact within the Dallas area. The organization's activities not only contribute to community improvement but also foster financial stability through responsible property management and income generation.
This information is meant to be a general summary of 249 And Centerfield 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: $1,199,825
Assets and Liabilities:
- Total Assets: $16,004,968
- Total Liabilities: $83,419
- Net Assets: $15,921,549
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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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