Overview
What is 130 North Brand Boulevard Inc?
130 North Brand Boulevard Inc is a nonprofit organization situated in San Mateo, California, with an address at 2025 Pioneer Court, CA 94403. Its primary purpose is to acquire and manage property in Glendale, California. This organization is set up to collect and distribute income derived from this property to its sole shareholder, which is a pension plan. The nonprofit's activity or mission revolves around this property acquisition and income redistribution.
Is 130 North Brand Boulevard Inc legitimate?
130 North Brand Boulevard Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. 130 North Brand Boulevard 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:
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What is the mission statement of 130 North Brand Boulevard Inc?
130 North Brand Boulevard Inc was established with the purpose of acquiring and holding title to a property, specifically located in Glendale, California. The primary objective of this corporation is to collect and subsequently remit the income generated from this property to its sole shareholder, which is a pension plan. This organization's role is purely financially focused, serving as a property holder and income distributor for a pension plan.
Who is the CEO of 130 North Brand Boulevard Inc?
Victor Kwok is the Director of 130 North Brand Boulevard Inc.
What is the revenue of 130 North Brand Boulevard Inc?
130 North Brand Boulevard Inc's revenue in 2022 was $250,596.
Who are the executives of 130 North Brand Boulevard Inc 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 130 North Brand Boulevard Inc?
130 North Brand Boulevard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 130 North Brand Boulevard Inc
130 North Brand Boulevard Inc was established with a specific purpose. Its mission is centered around acquiring and holding title to a property, with the primary objective of collecting and remitting income to its sole shareholder, a pension plan. This organization operates independently, focusing on its primary task of property management and income distribution to its designated beneficiary.
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Impact
October, 2024
130 North Brand Boulevard Inc significantly impacts the community by acquiring and managing property in Glendale, CA, which fosters local economic stability. By holding title to valuable real estate, it ensures the efficient collection and remittance of income to support a pension plan. This activity contributes to community improvement by potentially enhancing property management standards and providing financial resources that can support local initiatives. The organization's focus on real estate management plays a key role in maintaining and growing the economic health of the area, thereby benefiting residents and stakeholders alike.
This information is meant to be a general summary of 130 North Brand Boulevard 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.
- Investment Income: $8
- Gross Receipts: $1,173,409
Assets and Liabilities:
- Total Assets: $15,448,750
- Total Liabilities: $138,128
- Net Assets: $15,310,622
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Organization Details
Founding Year
1996
Phone
(650) 343-6333Principal Officer
Victor Kwok
Main Address
2025 PIONEER CT, SAN MATEO, CA, 94403
NTEE Category
Code: S47 - Community improvement
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