Overview
What is Sdc Clifton Commons Inc?
Sdc Clifton Commons Inc is a title holding corporation, serving as a nonprofit entity primarily focused on managing real estate properties. Its role is to maintain and oversee the ownership of these properties, ensuring their financial and legal maintenance. This organization operates as a vital intermediary, ensuring the smooth transfer and management of real estate assets.
Is Sdc Clifton Commons Inc legitimate?
Sdc Clifton Commons Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Sdc Clifton Commons 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
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What is the mission statement of Sdc Clifton Commons Inc?
Sdc Clifton Commons Inc serves as a title holding corporation for real property. In simpler terms, the organization's primary role is to maintain ownership of various properties through title holding. This role ensures a secure and legitimate transfer of property rights, acting as a intermediary between property owners and potential buyers. The corporation's mission is centered around the management and maintenance of property titles, ensuring the legal and smooth transaction of real estate properties.
What is the revenue of Sdc Clifton Commons Inc?
Sdc Clifton Commons Inc's revenue in 2024 was $4,644,517.
Who are the executives of Sdc Clifton Commons Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sdc Clifton Commons Inc?
Sdc Clifton Commons Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Sdc Clifton Commons Inc
Sdc Clifton Commons Inc serves as a title holding corporation for real property. This organization's primary role is to manage and safeguard property titles, ensuring that the ownership and transfer of real estate are carried out in a legal and orderly manner. By acting as a title holding corporation, Sdc Clifton Commons Inc contributes to maintaining a stable and secure real estate market, thereby promoting confidence in property transactions. The organization's mission is focused on providing title-related services, ensuring the accurate and reliable transfer of property titles, and protecting property owners' rights. By performing its functions effectively, Sdc Clifton Commons Inc plays an essential role in facilitating real estate transactions and supporting the broader property market.
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Impact
October, 2024
Sdc Clifton Commons Inc plays a crucial role in community improvement by serving as a title holding corporation for real property. By managing real estate assets, the organization contributes to the revitalization and betterment of the Chicago area, enhancing the local environment and providing opportunities for development. This involvement helps to stabilize neighborhoods, potentially attract investments, and support initiatives that foster community engagement and economic growth. Through its activities, Sdc Clifton Commons Inc is instrumental in creating a positive impact on the overall quality of life for residents in Chicago.
This information is meant to be a general summary of Sdc Clifton Commons 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 2024.
- Investment Income: $11,730
- Program Service Revenue: $4,632,787
- Gross Receipts: $4,644,517
Assets and Liabilities:
- Total Assets: $60,496,082
- Total Liabilities: $30,236,249
- Net Assets: $30,259,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent
Revenue
$3,403,671
Recoveries
Revenue
$1,196,667
Other
Revenue
$32,449
Organization Details
Founding Year
2000
Principal Officer
William Swiderski
NTEE Category
Code: S47 - Community improvement
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