Mound Properties Inc is located in Racine, WI.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING LEASE RECEIPTS AT BELOW MARKET RENTS TO OTHER CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Branick Vice President | 0.01 | $0 | |
Audrey Ditter Vice President | 0.01 | $0 | |
Gustavo Grunbaum Secretary | 0.01 | $0 | |
James A Ladwig President | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $4,182,298 |
Total Revenue | $4,182,298 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $0 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Mound Properties Inc has awarded $214,825 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
CHARTER ONE INC PURPOSE: TO PROVIDE BELOW MARKET RENTS TO NOT-FOR-PROFITS FOR THEIR STORAGE NEEDS. THE ESTIMATED FAIR VALUE OF RENT IS $7.80 PER SQUARE FOOT. RENT RECEIVED WAS $4.78 PER SQUARE FOOT. | $114,768 |
ACELERO CHARITABLE FOUNDATION PURPOSE: TO PROVIDE BELOW MARKET RENTS TO NOT-FOR-PROFITS FOR THEIR STORAGE NEEDS. THE ESTIMATED FAIR VALUE OF RENT IS $7.80 PER SQUARE FOOT. RENT RECEIVED WAS $3.52 PER SQUARE FOOT. | $95,750 |
Racine, WI PURPOSE: TO PROVIDE BELOW MARKET RENTS TO NOT-FOR-PROFITS FOR THEIR STORAGE NEEDS. THE ESTIMATED FAIR VALUE OF RENT IS $7.80 PER SQUARE FOOT. RENT RECEIVED WAS $6.75 PER SQUARE FOOT. | $2,867 |
Racine, WI PURPOSE: TO PROVIDE BELOW MARKET RENTS TO NOT-FOR-PROFITS FOR THEIR STORAGE NEEDS. THE ESTIMATED FAIR VALUE OF RENT IS $7.80 PER SQUARE FOOT. RENT RECEIVED WAS $5.45 PER SQUARE FOOT. | $1,440 |
Organization Name | Assets | Revenue |
---|---|---|
International Association Of Sheet Metal Air Rail & Transportation Parma, OH | $15,017,637 | $10,750,864 |
Western Illinois Electrical Coop Carthage, IL | $25,735,291 | $9,998,239 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
Alliance Nctn Foundation Chicago, IL | $4,276,385 | $9,494,506 |
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |