Overview
What is 121 West Chestnut Associates Inc C/O Aew Capital Management Lp?
121 West Chestnut Associates Inc C/O Aew Capital Management Lp is a nonprofit organization that specializes in managing real estate investments for a public employee retirement plan. Their primary role involves holding title to these real estate investments and collecting income generated from these investments. Subsequently, they distribute this income back to the retirement plan, ensuring its financial wellbeing. The organization is located in Boston, Massachusetts, with the specific address provided in the information array.
Is 121 West Chestnut Associates Inc C/O Aew Capital Management Lp legitimate?
121 West Chestnut Associates Inc C/O Aew Capital Management Lp is a legitimate nonprofit organization registered as a 501(c)(25) entity. 121 West Chestnut Associates Inc C/O Aew Capital Management Lp 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: $853,572
For more financial information, click here
What is the mission statement of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp?
121 West Chestnut Associates Inc C/O Aew Capital Management Lp's primary role is to manage real estate investments on behalf of a public employee retirement plan. Their mission is to collect income from these investments and distribute it back to the retirement plan. Essentially, they act as a trustee, safeguarding the financial interests of the retirement plan's beneficiaries by investing in real estate and managing the income generated from these investments. Their goal is to ensure a steady stream of income for the retirement plan, ultimately securing the financial future of the public employees who have contributed to it.
Who is the CEO of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp?
Mindy Fitzpatrick is the Officer of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp.
What is the revenue of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp?
121 West Chestnut Associates Inc C/O Aew Capital Management Lp's revenue in 2022 was $7,154,003.
Who are the executives of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 121 West Chestnut Associates Inc C/O Aew Capital Management Lp?
121 West Chestnut Associates Inc C/O Aew Capital Management Lp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp
121 West Chestnut Associates Inc C/O Aew Capital Management Lp serves a unique role in the realm of real estate investments. Its primary mission is to hold title to investments in real estate on behalf of a public employee retirement plan. This entity collects income generated from these investments and subsequently distributes it to the retirement plan for the benefit of its employees. By taking on this role, 121 West Chestnut Associates Inc C/O Aew Capital Management Lp plays a crucial part in managing and securing the financial future of public sector employees.
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Impact
October, 2024
121 West Chestnut Associates Inc C/O Aew Capital Management Lp plays a significant role in managing and overseeing real estate investments for a public employee retirement plan. By holding title to these investments, the organization not only safeguards the assets but also generates income, which is then distributed to the retirement plan. This financial activity is vital for ensuring the stability and sustainability of retirement benefits for public employees.
The organization's efforts contribute to community improvement by enhancing the value and usability of real estate within the region. Their investment strategy can lead to the development of properties that create jobs, support local economies, and improve community infrastructure. Overall, their work aids in securing the financial futures of public employees while potentially fostering positive community outcomes through strategic real estate investments.
This information is meant to be a general summary of 121 West Chestnut Associates Inc C/O Aew Capital Management Lp. 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: $6,686,272
- Gross Receipts: $7,154,003
Assets and Liabilities:
- Total Assets: $88,575,713
- Total Liabilities: $74,731,939
- Net Assets: $13,843,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$6,686,272
Organization Details
Founding Year
2000
Phone
(617) 261-9000Principal Officer
Mindy Fitzpatrick
Main Address
TWO SEAPORT LANE, BOSTON, MA, 022102021
NTEE Category
Code: S47 - Community improvement
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