NonprofitsPalm Beach Industrial Park Ii Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Palm Beach Industrial Park Ii Inc

N PALM BEACH, FL

Total revenue

$654K

Total expenses

$202K

Net assets

$3.4M

Grants received

EIN

371732764

Tax year

2024

Mission

To hold title to real property and turn over profits from the rental activity to the parent exempt organization; the leo, claire & robert adenbaum foundation (ein: 11-6013398).

Programs

1 program

The only program service accomplishment of the organization is the collection of rents, payments for ordinary and necessary expenses to maintain the rental property, and the remittance of the excess to the leo, claire & robert adenbaum foundation (ein:11-6013398)for the purpose of fulfilling the donation intent of the leo, claire & robert adenbaum foundation.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$9K
Other revenue$645K
Total revenue$654K

Expenses

Grants paid
Salaries & benefits$197K
Fundraising
Other expenses$5K
Total expenses$202K
Total assets$3.7M
Net assets$3.4M

People

3 listed

NameRoleCompensation

GERHARD JAKITS

PRESIDENT

Board

$62K

20 hrs/wk

GEORGE STECHEL

VICE-PRESIDE

Board

$62K

20 hrs/wk

MICHAEL STECHEL

SECRETARY

Board

$62K

25 hrs/wk

Details

EIN371732764
NTEE codeT12
Subsection02
Ruling date2014-07
Formed2013
Employees3
PALM BEACH INDUSTRIAL PARK II INC — Mission, Financials & Grants Received | Grantivo