Overview
What is San Bernardino Scottish Rite Bldg Asssoc?
The San Bernardino Scottish Rite Bldg Assoc is a nonprofit organization located in San Bernardino, California. Its primary role involves managing real estate properties on behalf of exempt organizations. Specifically, they hold the title to properties, collect income, and then remit the net income to these organizations. With a modest workforce of one employee, the organization plays a crucial role in supporting other exempt organizations financially.
Is San Bernardino Scottish Rite Bldg Asssoc legitimate?
San Bernardino Scottish Rite Bldg Asssoc is a legitimate nonprofit organization registered as a 501(c)(2) entity. San Bernardino Scottish Rite Bldg Asssoc 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: $27,070
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What is the mission statement of San Bernardino Scottish Rite Bldg Asssoc?
The San Bernardino Scottish Rite Building Association's primary role is to manage real estate properties. They collect income generated from these properties and subsequently distribute the net earnings to a charitable organization, which is exempt from taxation. Essentially, their mission is to serve as a financial intermediary, ensuring the continuous operation and income generation for the beneficiary organization. The association is responsible for maintaining the properties in good condition, contributing to the overall well-being and sustainability of the exempt organization.
Who is the CEO of San Bernardino Scottish Rite Bldg Asssoc?
Stephen L Aldrete is the President of San Bernardino Scottish Rite Bldg Asssoc.
What is the revenue of San Bernardino Scottish Rite Bldg Asssoc?
San Bernardino Scottish Rite Bldg Asssoc's revenue in 2020 was $69,257.
Who are the executives of San Bernardino Scottish Rite Bldg Asssoc and what are their salaries?
The average compensation at San Bernardino Scottish Rite Bldg Asssoc during 2020 was $27,070. There is 1 employee at San Bernardino Scottish Rite Bldg Asssoc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for San Bernardino Scottish Rite Bldg Asssoc?
San Bernardino Scottish Rite Bldg Asssoc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of San Bernardino Scottish Rite Bldg Asssoc
San Bernardino Scottish Rite Building Association's primary mission is to manage real estate properties and generate income. This nonprofit organization holds title to various properties and collects rent from tenants. The revenue generated is then forwarded to exempt organizations, contributing to their causes. By serving as a property manager, San Bernardino Scottish Rite Building Association plays a crucial role in supporting other charitable organizations financially. This mission enables these exempt organizations to focus on their core missions, such as advocacy, education, or providing essential services, without the burden of property management.
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Impact
October, 2024
San Bernardino Scottish Rite Bldg Asssoc plays a vital role in the local community by managing real property and generating income that supports exempt organizations. Through its activities, it facilitates the collection of rent and the maintenance of these properties, ensuring they remain valuable assets for community engagement and support.
By holding title to real property, this organization contributes to community improvement by providing spaces that can be utilized for various purposes, such as events, meetings, and gatherings that foster collaboration and connection among residents. The net income collected is remitted to exempt organizations, enhancing their capacity to serve the community effectively. Overall, the positive impact of the San Bernardino Scottish Rite Bldg Asssoc is reflected in the strengthened local infrastructure and the resources available for community development initiatives.
This information is meant to be a general summary of San Bernardino Scottish Rite Bldg Asssoc. 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 2020.
- Investment Income: $5,388
- Program Service Revenue: $58,869
- Gross Receipts: $69,257
Assets and Liabilities:
- Total Assets: $545,346
- Total Liabilities: $1,388
- Net Assets: $543,958
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$58,869
Organization Details
Founding Year
1974
Principal Officer
Stephen L Aldrete
Main Address
PO BOX 90729, SAN BERNARDINO, CA, 92427
NTEE Category
Code: S47 - Community improvement
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