Overview
What is 12001 Ventura Corporation?
The 12001 Ventura Corporation, based in Seattle, Washington, serves as a title holding corporation for real estate investments. Its primary activity revolves around managing properties for capital gain purposes. This corporation does not provide direct services, resources, or advocacy to specific communities or causes, but instead focuses on real estate investment and management.
Is 12001 Ventura Corporation legitimate?
12001 Ventura Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. 12001 Ventura 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
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What is the mission statement of 12001 Ventura Corporation?
The 12001 Ventura Corporation serves as a title holding corporation, primarily focusing on real estate investments. Its mission, in essence, revolves around managing and holding real estate properties for investment purposes. The corporation does not engage in the development or direct use of these properties, but rather, it maintains them as assets for potential financial gains.
Who is the CEO of 12001 Ventura Corporation?
Robert Kovecs is the Director of 12001 Ventura Corporation.
What is the revenue of 12001 Ventura Corporation?
12001 Ventura Corporation's revenue in 2022 was $1,154,948.
Who are the executives of 12001 Ventura Corporation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for 12001 Ventura Corporation?
12001 Ventura Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 12001 Ventura Corporation
12001 Ventura Corporation, as per its mission statement, serves as a title holding corporation for real estate investments. This organization's primary role is to manage and oversee real estate properties for the purpose of generating returns on investment. The corporation does not engage in any direct activities related to the properties, but rather focuses on the title holding aspect, ensuring the legal ownership and protection of the investments.
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Impact
October, 2024
12001 Ventura Corporation plays a significant role in community improvement through its focus on real estate investment. By holding title to various properties, the organization contributes to the stability and development of the local real estate market in Seattle, WA. This activity not only provides investment opportunities but also enhances the overall environment for residents and businesses in the area.
The corporation's emphasis on strategic property investment can lead to revitalized neighborhoods, improved infrastructure, and increased economic activity. These factors collectively contribute to a thriving community, as enhanced real estate can attract new businesses, create jobs, and foster a sense of community pride among residents.
Additionally, by managing and maintaining properties, 12001 Ventura Corporation helps ensure that the real estate holdings remain an asset to the community, supporting long-term growth and sustainability. Overall, its impact extends beyond mere investment; it embodies a commitment to community improvement and economic resilience in Seattle.
This information is meant to be a general summary of 12001 Ventura 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.
- Gross Receipts: $2,609,667
Assets and Liabilities:
- Total Assets: $27,675,549
- Total Liabilities: $11,275,712
- Net Assets: $16,399,837
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Organization Details
Founding Year
1998
Phone
(206) 493-1726Principal Officer
Robert Kovecs
Main Address
1301 5TH AVE STE 3100, SEATTLE, WA, 98101
NTEE Category
Code: S47 - Community improvement
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