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4985 Hallmark Parkway Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943286156 ✦ San mateo, CA ✦ Designated as a 501(c)(25)

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Overview

What is 4985 Hallmark Parkway Inc?

4985 Hallmark Parkway Inc is a nonprofit organization, established with the primary objective of acquiring and maintaining property in San Bernardino, California. Its primary function involves collecting and distributing income derived from the property to its sole shareholder, which is a pension plan. The organization's activities are focused on property management and income redistribution. It is headquartered at 2025 Pioneer Court, San Mateo, CA 94403.

Is 4985 Hallmark Parkway Inc legitimate?

4985 Hallmark Parkway Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. 4985 Hallmark Parkway 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

For more financial information, click here

What is the mission statement of 4985 Hallmark Parkway Inc?

4985 Hallmark Parkway Inc was established with the primary objective of acquiring and holding title to a property, specifically located in San Bernardino, CA. The primary goal is to collect and subsequently remit the income generated from this property to a sole shareholder, which is a pension plan. In simpler terms, this company's mission is to manage a property and distribute the earnings to a retirement fund.

Who is the CEO of 4985 Hallmark Parkway Inc?

Victor Kwok is the Director of 4985 Hallmark Parkway Inc.

What is the revenue of 4985 Hallmark Parkway Inc?

4985 Hallmark Parkway Inc's revenue in 2022 was $303,986.

Who are the executives of 4985 Hallmark Parkway Inc and what are their salaries?


Here are 5 key members and their salaries:


Byron M Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garry J Spanner (President & Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Perkins (Executive Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik St Charles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor T Kwok (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 4985 Hallmark Parkway Inc?

4985 Hallmark Parkway Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 4985 Hallmark Parkway Inc

4985 Hallmark Parkway Inc, as a nonprofit organization, was established with a specific mission. Its primary objective is to acquire and hold title to a property, specifically located in San Bernardino, California. The primary purpose of acquiring and holding this property is not for commercial gain but rather to collect and remit income to a sole shareholder. This shareholder, interestingly, is a pension plan. In essence, 4985 Hallmark Parkway Inc serves as a property-holding entity for the benefit of this pension plan, generating income from the property and distributing it to the plan. This mission is crucial in providing financial security for the pension plan's beneficiaries.

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Impact




October, 2024

4985 Hallmark Parkway Inc plays a significant role in the San Bernardino area by acquiring and holding property, which contributes to local community improvement. By managing real estate assets, the organization helps stabilize and enhance property values in the region. The income generated from these properties is directed to a pension plan, indirectly supporting the financial security of retirees. This mechanism not only aids individuals but also stimulates local economic activity through property management and maintenance, ensuring that the community benefits from a well-maintained environment.




This information is meant to be a general summary of 4985 Hallmark Parkway 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.

Revenue
$303,986 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Gross Receipts: $412,379

Assets and Liabilities:

  • Total Assets: $12,292,937
  • Total Liabilities: $25,189
  • Net Assets: $12,267,748

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Organization Details

Founding Year

1997

Principal Officer

Victor Kwok

Main Address

2025 PIONEER CT, SAN MATEO, CA, 94403

NTEE Category

Code: S47 - Community improvement

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