Overview
What is Bit Holdings Five Inc CO Great Gray Trust Company?
Bit Holdings Five Inc CO Great Gray Trust Company is a nonprofit organization established for the specific purpose of acquiring real property, holding title to it, collecting the income generated from the property, and transferring the total earnings, minus expenses, to qualified shareholders. The company, headquartered in Las Vegas, Nevada, held an indirect interest in non-residential real estate during the year 2022 and distributed approximately $88 million in earnings from the rental and sale of this property to its designated shareholders.
Official website here: www.none
Is Bit Holdings Five Inc CO Great Gray Trust Company legitimate?
Bit Holdings Five Inc C/O Great Gray Trust Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bit Holdings Five Inc C/O Great Gray Trust Company 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 not tax deductible.
Here 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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Official website here: www.none
What is the mission statement of Bit Holdings Five Inc CO Great Gray Trust Company?
Bit Holdings Five Inc CO Great Gray Trust Company was established for the sole purpose of acquiring real property, managing it, and generating income. The corporation collects earnings from the rented and sold real estate and remits the entire amount, minus expenses, to qualified shareholders. In 2022, Bit Holdings Five, Inc. held an indirect interest in non-residential real estate and distributed approximately $88 million in earnings from the property to the AFL-CIO Building Investment Trust.
Official website here: www.none
Who is the CEO of Bit Holdings Five Inc CO Great Gray Trust Company?
Gregory Golczewski is the Pres/Asst Secretary/Asst Treasurer of Bit Holdings Five Inc C/O Great Gray Trust Company.
Official website here: www.none
What is the revenue of Bit Holdings Five Inc CO Great Gray Trust Company?
Bit Holdings Five Inc C/O Great Gray Trust Company's revenue in 2022 was $66,564,935.
Official website here: www.none
Who are the executives of Bit Holdings Five Inc CO Great Gray Trust Company and what are their salaries?
- Rinse A Brink (Pres/Asst Secretary/Asst Treasurer) [Trustee/Director]
- Austin Cates (Vp/Assistant Secretary) [Trustee/Director]
- Clayton Flanagan (Vp/Assistant Secretary) [Trustee/Director]
- Cynthia Helms (Vp/Secretary/Treasurer) [Trustee/Director]
- Kenneth Marty Jr (Vp/Assistant Secretary) [Trustee/Director]
- William K Mihm (Vp/Assistant Secretary) [Trustee/Director]
- Robert Coulman (Vp/Assistant Secretary) [Trustee/Director]
- Pnc Bank Na (Trustee)
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Bit Holdings Five Inc CO Great Gray Trust Company
Bit Holdings Five Inc CO Great Gray Trust Company is a corporate entity established with the primary objective of acquiring real property, maintaining ownership of the title, and generating income from these assets. The organization then distributes the revenue, less expenses, to a qualified beneficiary, the AFL-CIO Building Investment Trust, in this case.
In simpler terms, Bit Holdings Five Inc CO Great Gray Trust Company serves as a real estate holding company. Its main functions consist of purchasing properties, managing them, and transferring the income earned from the rentals and sales to its designated beneficiary. During the year 2022, the company successfully held an indirect interest in non-residential properties and distributed approximately $88 million in earnings to the AFL-CIO Building Investment Trust.
Impact
This information is meant to be a general summary of Bit Holdings Five Inc CO Great Gray Trust Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Bit Holdings Five Inc CO Great Gray Trust Company's impact lies in its focused mission of acquiring real property, holding title to it, and generating income to distribute to qualified shareholders. The organization plays a significant role in managing and distributing earnings from non-residential real estate properties, which amounted to approximately $88 million in 2022. By efficiently handling the rental and sale proceeds of the properties it holds, the company enables the AFL-CIO Building Investment Trust to benefit from this revenue stream. This strategic approach contributes to the growth and success of the AFL-CIO Building Investment Trust, ultimately enhancing community improvement efforts through sustainable financial support.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1994
Phone
(443) 243-0106
Principal Officer
Gregory Golczewski
Main Address
6725 VIA AUSTI PARKWAY STE 260, LAS VEGAS, NV, 89119
Website
www.none
NTEE Category
Code: S47 - Community improvement
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