Mobis Corp
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1987
- Data as of
- 08/2024
- EIN
- 13-6077216
Organization Overview
Mobis Corp is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mobis Corp is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBIS IS AN EXEMPT TITLE HOLDING COMPANY. THE SOLE ACTIVITY OF MOBIS HAS BEEN TO HOLD TITLE TO REAL PROPERTY, A BUILDING IN PARIS USED BY MOBIS' SOLE SHAREHOLDER, THE MONA BISMARCK AMERICAN CENTER FOR ART AND CULTURE, INC., FOR ITS DIRECT CHARITABLE ACTIVITIES. THE BUILDING WAS SOLD ON SEPTEMBER 14, 2023 AND MOBIS IS PREPARING FOR DISSOLUTION.
MOBIS IS AN EXEMPT TITLE HOLDING COMPANY. THE SOLE ACTIVITY OF MOBIS HAS BEEN TO HOLD TITLE TO REAL PROPERTY, A BUILDING IN PARIS USED BY MOBIS' SOLE SHAREHOLDER, THE MONA BISMARCK AMERICAN CENTER FOR ART AND CULTURE, INC. (THE "FOUNDATION"), FOR ITS DIRECT CHARITABLE ACTIVITIES. THE BUILDING WAS SOLD ON SEPTEMBER 14, 2023. THE BOARD OF DIRECTORS AND SHAREHOLDER OF MOBIS APPROVED THE DISSOLUTION OF MOBIS ON AUGUST 14, 2024, AND THE CERTIFICATE OF DISSOLUTION WAS FILED WITH THE NEW YORK STATE DEPARTMENT OF STATE DIVISION OF CORPORATIONS ON SEPTEMBER 4, 2024. AS REQUIRED, A COPY OF THE CERTIFICATE AND FILING RECEIPT IS ATTACHED. ALL REMAINING ASSETS WERE TRANSFERRED TO THE FOUNDATION. REFER TO SCHEDULE N AND PART XI, LINE 9.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Porter Director And President | OfficerTrustee | 2 | $0 |
Maureen Mccarthy Director And Vice-President | OfficerTrustee | 2 | $0 |
Karen Altuzarra Director, Secretary And Treasurer | OfficerTrustee | 2 | $0 |
Anne-Helene Monsellato Vice President | Officer | 2 | $0 |
Caroline Porter Director And President | OfficerTrustee | 2 | $0 |
Maureen Mccarthy Director And Vice-President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,559,234 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $85,848 |
| Fees for services: Accounting | $14,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $686,033 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $79,312 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $845,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |