Overview
What is Fmf Realty Corp?
Fmf Realty Corp is a nonprofit organization, categorized under 501(C)(25) of the Internal Revenue Code, situated in Santa Monica, California. Their primary focus is on real property holding, as suggested by their classification. This means they engage in activities related to the acquisition, management, or development of real estate properties, serving as a real property holding corporation. However, the specific initiatives or objectives of this organization beyond real estate holding are not provided in the given information.
Official website here: www.none
Is Fmf Realty Corp legitimate?
Fmf Realty Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Fmf Realty Corp 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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Official website here: www.none
What is the mission statement of Fmf Realty Corp?
Fmf Realty Corp, as a real property holding corporation under section 501(C)(25) of the Internal Revenue Code, does not have a publicly stated mission or objectives beyond its primary function of holding real property. The provided information does not detail any specific goals or purposes that this corporation aims to achieve in relation to its real estate holdings. As such, it is unavailable to provide a more detailed mission statement for Fmf Realty Corp.
Official website here: www.none
Who is the CEO of Fmf Realty Corp?
Michael Klowden is the President of Fmf Realty Corp.
Official website here: www.none
What is the revenue of Fmf Realty Corp?
Fmf Realty Corp's revenue in 2022 was $4,007,586.
Official website here: www.none
Who are the executives of Fmf Realty Corp and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $796,662
- Other: $47,567
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Fmf Realty Corp
Fmf Realty Corp, as a real property holding corporation under section 501(C)(25) of the Internal Revenue Code, is dedicated to its mission. This mission involves holding real property, operating within the guidelines set forth by this specific section of the IRC. Fmf Realty Corp's role as a real property holding corporation is to manage and maintain these properties, ensuring they serve a purpose within their respective communities. While the details of the corporation's activities and the properties it manages are not provided, it can be inferred that Fmf Realty Corp is committed to utilizing its real estate holdings in a responsible and beneficial manner.
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Impact
October, 2024
Fmf Realty Corp plays a significant role in community improvement by managing and holding real property in Santa Monica, CA. By operating as a real property holding corporation under 501(c)(25) of the Internal Revenue Code, it contributes to the local economy and supports initiatives that enhance the living environment within the community. The corporation's activities focus on maintaining and improving real estate assets, which can lead to better housing options, revitalized neighborhoods, and increased property values. This, in turn, fosters community development and supports local businesses, ultimately benefiting residents and stakeholders in the area.
This information is meant to be a general summary of Fmf Realty Corp. 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: $10,605
- Program Service Revenue: $3,996,981
- Gross Receipts: $4,007,586
Assets and Liabilities:
- Total Assets: $13,811,958
- Total Liabilities: $292,151
- Net Assets: $13,519,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,996,981
Organization Details
Founding Year
1992
Phone
(310) 570-4600Principal Officer
Michael Klowden
Main Address
1250 FOURTH STREET 2ND FLOOR, SANTA MONICA, CA, 90401
Website
www.noneNTEE Category
Code: S47 - Community improvement
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