Nansen Properties Inc is located in Staten Island, NY. The organization was established in 1950. 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. Nansen Properties Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MANAGED REAL ESTATE FOR NON FOR PROFIT FRATERNAL ORGANIZATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Kuell Treasurer | 3 | $0 | |
Earnest Thorkildsen Director | 2 | $0 | |
Richard Eckland Director | 1 | $0 | |
Paul Kornbrekke President & | 1 | $0 | |
Paula West-Mejia Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $199,315 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,315 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $221,548 |
| Total expenses | $221,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,801 |
| Other assets | $0 |
| Total assets | $139,410 |
| Total liabilities | $39,000 |
| Net assets or fund balances | $100,410 |