City Of Scottsdale Municipal Property Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 866057318 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(4)

Overview

What is City Of Scottsdale Municipal Property Corporation?

The City of Scottsdale Municipal Property Corporation is a nonprofit organization based in Scottsdale, Arizona, with the primary mission to finance capital projects for the city. They focus exclusively on raising funds for infrastructure improvements and development projects, covering expenses related to debt service, principal and interest payments, bond administration fees, and related capital enhancements.


Is City Of Scottsdale Municipal Property Corporation legitimate?

City Of Scottsdale Municipal Property Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. City Of Scottsdale Municipal Property 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 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

For more financial information, click here


What is the mission statement of City Of Scottsdale Municipal Property Corporation?
Who is the CEO of City Of Scottsdale Municipal Property Corporation?
What is the revenue of City Of Scottsdale Municipal Property Corporation?
Who are the executives of City Of Scottsdale Municipal Property Corporation and what are their salaries?
Where can I find the form 990 for City Of Scottsdale Municipal Property Corporation?

Mission Statement of City Of Scottsdale Municipal Property Corporation

The City of Scottsdale Municipal Property Corporation is a unique entity, dedicated solely to financing capital projects for the City of Scottsdale, Arizona. Its mission is centered around raising funds for significant infrastructure developments that enhance the city's overall growth and progress. All of its resources are allocated for debt service payments, administrative fees associated with bond issuance, and actual capital improvements. In essence, the Corporation serves as a financial catalyst for the City of Scottsdale, enabling it to undertake essential projects for the betterment of its community. By providing the necessary capital, the Corporation enables the city to maintain its infrastructure, ensuring a high standard of living for its residents. With a focus on financing, the Corporation plays a crucial role in the City of Scottsdale's development, making possible the execution of capital projects that contribute to the city's economic vitality and growth.

Impact

This information is meant to be a general summary of City Of Scottsdale Municipal Property Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The City Of Scottsdale Municipal Property Corporation's impact lies in financing vital capital projects for the City of Scottsdale, Arizona. By providing funds for infrastructure improvements, community facilities, and other essential projects, the corporation plays a crucial role in enhancing the quality of life for residents and visitors in Scottsdale. Their focus on debt service, bond administration, and capital improvements ensures that the city's development and maintenance needs are met efficiently and sustainably. Through its operations, the corporation contributes to the overall growth and well-being of Scottsdale, making it a key player in the city's continued progress and prosperity.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $623
  • Program Service Revenue: $48,827,463
  • Gross Receipts: $48,828,086

    • Assets and Liabilities:
  • Total Assets: $479,997,584
  • Total Liabilities: $479,821,385
  • Net Assets: $176,199
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LEASE PMNTS FROM CITY

    Revenue

    $48,827,463

    Organization Details

    Founding Year

    1967

    Principal Officer

    Dennis Robbins

    Main Address

    7447 E INDIAN SCHOOL RD 210, SCOTTSDALE, AZ, 85251

    NTEE Category

    Code: W20 - Public benefit

    If you are a representative of City Of Scottsdale Municipal Property Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.