Overview
What is 9424 Big Horn Corporation?
9424 Big Horn Corporation is a nonprofit organization established in San Mateo, California. Its primary objective is to acquire and maintain ownership of property located in Elk Horn, CA. The corporation's primary function is to collect and distribute income generated from this property to its shareholder, which is a pension plan. The corporation serves as a financial vehicle to manage real estate assets and provide income to its designated beneficiary.
Is 9424 Big Horn Corporation legitimate?
9424 Big Horn Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. 9424 Big Horn 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.
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What is the mission statement of 9424 Big Horn Corporation?
The 9424 Big Horn Corporation was established with the primary objective of acquiring and holding title to property, specifically in Elk Horn, CA. Its primary function is to collect and distribute income derived from this property to its shareholder, which is a pension plan. In essence, the corporation serves as a property holder and income distributor for the benefit of its pension plan shareholder.
Who is the CEO of 9424 Big Horn Corporation?
Victor Kwok is the President & Chairman of 9424 Big Horn Corporation.
What is the revenue of 9424 Big Horn Corporation?
9424 Big Horn Corporation's revenue in 2022 was $349,415.
Who are the executives of 9424 Big Horn Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for 9424 Big Horn Corporation?
9424 Big Horn Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 9424 Big Horn Corporation
9424 Big Horn Corporation, a pension plan-based entity, was formed with a specific purpose. Its mission is primarily focused on acquiring and holding title to property, specifically located in Elk Horn. However, this corporation's role extends beyond mere property ownership. It serves as a vehicle to collect and remit income generated from this property to its shareholder, which is, in fact, a pension plan. In essence, 9424 Big Horn Corporation plays a crucial role in managing real estate assets and contributing to the pension fund of its shareholder.
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Impact
October, 2024
9424 Big Horn Corporation significantly impacts the Elk Horn, CA area through its efforts in property acquisition and management. By acquiring and holding title to properties, the organization contributes to the local economy, enhancing property values and fostering community development. Additionally, the income collected and remitted to the shareholder, a pension plan, supports the financial well-being of retirees, ensuring they have a steady income stream.
This focus on managing real estate not only stabilizes the area but also opens opportunities for future developments that can benefit the community. Ultimately, 9424 Big Horn Corporation plays a vital role in both enhancing the financial landscape for its stakeholders and contributing to community improvement initiatives in San Mateo, CA.
This information is meant to be a general summary of 9424 Big Horn 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,646
- Gross Receipts: $452,710
Assets and Liabilities:
- Total Assets: $4,524,249
- Total Liabilities: $121,645
- Net Assets: $4,402,604
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Organization Details
Founding Year
1993
Phone
(650) 343-6333Principal Officer
Victor Kwok
Main Address
2025 PIONEER CT, SAN MATEO, CA, 94403
NTEE Category
Code: S47 - Community improvement
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