MSC SAND LAKE IV INC C/O WASHINGTON CAPITAL MANAGEMENT INC

EIN: 752549767

Boston, MA

Total Revenue
$1,628,217
Total Expenses
N/A
Total Assets
$35,103,148
Net Assets
$21,447,286
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
DE
Principal Officer
RICHARD LEERET
Phone
6175268800
Tax Period
2023-01-01 to 2023-12-31

MSC SAND LAKE IV INC C/O WASHINGTON CAPITAL MANAGEMENT INC, founded in 1997, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023.

Mission

HOLDING OF TITLE TO PROPERTY WITH NET INCOME TURNED OVER TO THE NORTH ATLANTIC STATES CARPENTERS GUARANTEED ANNUITY FUND AND NORTH ATLANTIC STATES CARPENTERS PENSION FUND, BOTH RELATED 501(A) ORGANIZATIONS.

Program Service Accomplishments

Program 1

MSC Sand Lake IV, INC. (Sand Lake) was organized to acquire, own, and operate commercial real estate. Sand Lake's exclusive business activity is the rental of this property. Sand Lake's exclusive...

Read more

MSC Sand Lake IV, INC. (Sand Lake) was organized to acquire, own, and operate commercial real estate. Sand Lake's exclusive business activity is the rental of this property. Sand Lake's exclusive business purpose is to hold title to the property with net income turned over to the North Atlantic States Carpenters Guaranteed Annuity fund and North Atlantic States Carpenters Pension Fund.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $1,628,217
TOTAL REVENUE $1,628,217

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $1,628,217 $1,558,291 +0.0%
Expenses N/A N/A N/A
Net Income N/A $1,558,291 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD Leeret PRESIDENT 1.0
Officer Director
$0 $0 $0
ROBERT M KOVECS TREASURER/DIRECTOR 1.0
Officer Director
$0 $0 $0
JENNY GAGE VICE PRESIDENT & SECRETARY 1.0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,628,217 No data $35,103,148 No data
2022 $1,558,291 No data $34,208,353 No data
2021 $1,290,996 No data $34,486,051 No data
2020 $1,137,205 No data $34,427,509 No data
2019 $1,006,677 No data $34,462,684 No data
2018 $1,279,579 No data $32,562,102 No data
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MSC SAND LAKE IV INC C/O WASHINGTON CAPITAL MANAGEMENT INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.