6510 General Drive Corporation

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

EIN: 943372034 ✦ San mateo, CA ✦ Designated as a 501(c)(25)

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Overview

What is 6510 General Drive Corporation?

6510 General Drive Corporation is a nonprofit entity established primarily for the purpose of acquiring and maintaining property in Riverside, California. Its primary function involves collecting and forwarding income generated from this property to its shareholder, which is a pension plan. This corporation operates with a specific focus on this real estate-related mission.

Is 6510 General Drive Corporation legitimate?

6510 General Drive Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. 6510 General Drive Corporation 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 6510 General Drive Corporation?

The 6510 General Drive Corporation was established with the primary objective of acquiring and holding title to property, specifically in Riverside, California. Its primary function is to collect and subsequently remit the income generated from this property to its shareholder, which is a pension plan. In simpler terms, this corporation serves as a property holder and income distributor for a pension plan. It does not engage in any activities beyond these core functions.

Who is the CEO of 6510 General Drive Corporation?

Victor Kwok is the President & Chairman of 6510 General Drive Corporation.

What is the revenue of 6510 General Drive Corporation?

6510 General Drive Corporation's revenue in 2022 was $1,103,813.

Who are the executives of 6510 General Drive Corporation and what are their salaries?


Here are 5 key members and their salaries:


Garry J Spanner (President & Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Perkins (Executive Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron M Fox (Director)
  • 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 6510 General Drive Corporation?

6510 General Drive Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 6510 General Drive Corporation

6510 General Drive Corporation was established with a specific objective. Its mission lies in acquiring and holding title to property, serving as a vehicle to collect and remit income to its shareholder, which is a pension plan. In simpler terms, this corporation was formed with the intent of investing in real estate and generating revenue for a retirement fund. This venture does not involve any direct involvement in providing services or products to the public, but rather, it focuses on property ownership and income generation for its pension plan shareholder.

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Impact




October, 2024

6510 General Drive Corporation plays a crucial role in community improvement by strategically acquiring and managing property in Riverside, California. Its activities focus on holding titles to these properties and generating income, which is subsequently collected and remitted to its shareholder—a pension plan. This process not only supports the financial health of the pension plan but also contributes to local economic stability. By investing in real estate, the corporation enhances the vibrancy of the Riverside area, potentially leading to increased property values and improved community resources. Through these efforts, 6510 General Drive Corporation impacts the community by fostering a stable economic environment while ensuring that the interests of pension beneficiaries are met.




This information is meant to be a general summary of 6510 General Drive Corporation. 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
$1,103,813 (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: $19
  • Gross Receipts: $1,120,464

Assets and Liabilities:

  • Total Assets: $33,093,715
  • Total Liabilities: $66,651
  • Net Assets: $33,027,064

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Organization Details

Founding Year

2000

Principal Officer

Victor Kwok

Main Address

2025 PIONEER CT, SAN MATEO, CA, 94403

NTEE Category

Code: S47 - Community improvement

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