Overview
What is Scpt Real Property Holding Inc?
Scpt Real Property Holding Inc is a nonprofit organization based in Pasadena, California, with its headquarters located at 200 S Los Robles Ave 430, 91101. Its primary function is to serve as a title holding company, holding title to various properties and generating income from these properties. This income is subsequently channeled towards the Southern California Pipe Trades Retirement Plan, thereby supporting retirement benefits for individuals associated with the pipe trades industry in the region.
Is Scpt Real Property Holding Inc legitimate?
Scpt Real Property Holding Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Scpt Real Property Holding 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 Scpt Real Property Holding Inc?
Scpt Real Property Holding Inc's primary mission is centered around title holding. Specifically, the company collects rental income from properties it holds title to. The primary objective of this organization is to accumulate income from its property holdings and subsequently transfer this income to the Southern California Pipe Trades Retirement Plan. This company's role is instrumental in ensuring a steady income stream from its real estate holdings.
Who is the CEO of Scpt Real Property Holding Inc?
Patrick S Malley is the Ceo & President of Scpt Real Property Holding Inc. The CEO's salary of Scpt Real Property Holding Inc is $0 and their total compensation is $0.
What is the revenue of Scpt Real Property Holding Inc?
Scpt Real Property Holding Inc's revenue in 2022 was $312,035.
Who are the executives of Scpt Real Property Holding Inc and what are their salaries?
There 2 volunteers at Scpt Real Property Holding Inc.
Here are 2 key members and their salaries (Scpt Real Property Holding Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Scpt Real Property Holding Inc?
Scpt Real Property Holding Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Scpt Real Property Holding Inc
Scpt Real Property Holding Inc, as a title holding company, is dedicated to collecting rental income derived from real estate properties it owns. The primary objective of this organization is to gather income from these properties and subsequently transfer it to the Southern California Pipe Trades Retirement Plan. By holding title to properties and managing their rental income, Scpt Real Property Holding Inc plays a crucial role in contributing to the retirement plan, thereby benefiting individuals associated with the Southern California Pipe Trades industry.
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Impact
October, 2024
Scpt Real Property Holding Inc plays a significant role in managing real estate assets, specifically in the context of supporting the Southern California Pipe Trades Retirement Plan. By holding title to various properties, the organization crucially collects rental income, which is then allocated to enhance the financial stability of the retirement plan. This operation not only ensures a steady revenue stream but also supports the broader community by contributing to the retirement security of union members in the Southern California pipe trades.
Through its activities in Pasadena, CA, Scpt Real Property Holding Inc promotes community improvement by efficiently managing property resources and directing income to benefit local retirees. This commitment helps to bolster the economic well-being of the community, supporting those who have invested their careers in the pipe trades. Ultimately, the organization reinforces the financial infrastructure essential for both retirees and the community at large.
This information is meant to be a general summary of Scpt Real Property Holding 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 2022.
- Gross Receipts: $1,997,288
Assets and Liabilities:
- Total Assets: $14,685,704
- Total Liabilities: $196,482
- Net Assets: $14,489,222
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Organization Details
Founding Year
2000
Phone
(213) 233-5700Principal Officer
Patrick S Malley
Main Address
200 S Los Robles Ave 430, Pasadena, CA, 911012479
NTEE Category
Code: S47 - Community improvement
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