Plain Majestic Properties Inc
- Assets
- $140.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1989
- Data as of
- 12/2023
- EIN
- 75-2236928
Organization Overview
Plain Majestic Properties Inc is located in Dallas, TX. The organization was established in 1989. 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. Plain Majestic Properties Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, Plain Majestic Properties Inc generated $29.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $8.6k during the year ending 12/2023. While expenses have increased by 39.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SET UP FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO REAL PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO THE LELAND FIKES FOUNDATION, INC., AN IRC SECTION 501(C)(3) EXEMPT PRIVATE FOUNDATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy L Fikes Director | 0 | $0 | |
Lee Fikes Director | 0 | $0 | |
Joe M Graham Pres & Treas | 0.5 | $232 | |
Dean Castelhano VP & Secr | 0 | $0 | |
Brendan J Fikes Director, VP | 0.5 | $805 | |
Mary F Radford Director, Asst Secr | 0.5 | $1,581 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29,022 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,459 |
| Professional fees and other payments to independent contractors | $5,179 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $8,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,538 |
| Other assets | $0 |
| Total assets | $140,512 |
| Total liabilities | $3,038 |
| Net assets or fund balances | $137,474 |