Overview
What is Iatse Realty Corporation?
Iatse Realty Corporation, based in Burbank, California, serves as a nominee entity, primarily established to manage real estate titles. Its primary function is to act as a legal intermediary, holding the title deeds to various properties, ensuring a smooth and secure transfer of ownership when necessary. This role is crucial in property transactions, ensuring legal and legitimate title transfers, thereby protecting the interests of all parties involved.
Is Iatse Realty Corporation legitimate?
Iatse Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Iatse Realty 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Iatse Realty Corporation?
Iatse Realty Corporation is established with the primary purpose of serving as a nominee, holding title to real estate. This function allows the corporation to act as an intermediary in real estate transactions, maintaining ownership of the property on behalf of the actual property owners. This role ensures a smooth and secure transfer of property titles, providing a valuable service in the real estate market. The corporation does not have a mission statement focused on advocacy, research, or support like some other organizations, but rather, its mission is centered around property title holding services.
Who is the CEO of Iatse Realty Corporation?
James B Wood is the Director of Iatse Realty Corporation.
What is the revenue of Iatse Realty Corporation?
Iatse Realty Corporation's revenue in 2022 was $280,953.
Who are the executives of Iatse Realty Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $519,646
- Other: $125,965
- Compensation: $0
- Related: $375,630
- Other: $125,965
- Compensation: $0
- Related: $335,435
- Other: $104,425
Where can I find the form 990 for Iatse Realty Corporation?
Iatse Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iatse Realty Corporation
Iatse Realty Corporation, as per its description, was established with a specific purpose. This purpose is to serve as a nominee, holding title to real estate. This role allows Iatse Realty Corporation to manage and oversee property-related matters, ensuring that the property's title is secure and protected. The corporation's mission is centered around this role, providing a vital service in real estate management.
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Impact
October, 2024
Iatse Realty Corporation plays a significant role in the real estate landscape by serving as a nominee to hold title to real estate, particularly in Burbank, California. This activity facilitates the management and oversight of properties, potentially contributing to community improvement efforts. By holding titles to various real estate assets, Iatse Realty Corporation may support local development initiatives, enhance property values, and boost economic activity within the community. Their presence in the region underscores their commitment to fostering a stable and thriving environment in Burbank.
This information is meant to be a general summary of Iatse Realty 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.
- Program Service Revenue: $280,953
- Gross Receipts: $280,953
Assets and Liabilities:
- Total Assets: $15,972,793
- Total Liabilities: $14,035,105
- Net Assets: $1,937,688
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$280,953
Organization Details
Founding Year
1999
Phone
(818) 980-3499Principal Officer
James B Wood
Main Address
2210 WEST OLIVE AVENUE, BURBANK, CA, 91506
NTEE Category
Code: S47 - Community improvement
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