DHMSC Realty Inc
DHMSC Realty Inc. is a 501(c)(2) organization based in Dorchester, Massachusetts. It was granted tax-exempt status in July 2012.
Purpose and Activities
The primary purpose of DHMSC Realty Inc. is to hold title to and manage real and personal property. The corporation operates exclusively for this purpose, which includes collecting income from such properties. It functions as a title-holding entity, which typically means it manages properties on behalf of another entity, in this case, for the benefit of DHMSC.
Legal Status
As a 501(c)(2) organization, DHMSC Realty Inc. is considered a title-holding corporation. These types of organizations are generally used by other exempt organizations to hold and manage real estate or other assets, allowing them to benefit from the income generated by these assets.
Organizational Structure
While specific details about the organizational structure are not publicly disclosed, title-holding corporations like DHMSC Realty Inc. typically operate under a minimal board of directors or a single responsible party managing the properties. The income from these properties is then utilized to support the goals of the affiliated organization.
Affiliation
DHMSC Realty Inc. is affiliated with an entity referred to as "DHMSC," for whose benefit it manages properties. However, the full scope of the relationship or the specific goals of DHMSC are not detailed in available public records.
Public Data and Filing
DHMSC Realty Inc. is subject to annual filings with the Internal Revenue Service (IRS), as required for all tax-exempt organizations in the U.S. These filings provide some information about the corporation's financial activities and mission but do not fully detail its operations or specific affiliations.
Conclusion
DHMSC Realty Inc. functions as a specialized entity within the nonprofit sector, focusing on property management to support its associated organization. Its operational role is crucial for asset management, allowing it to provide financial stability and support to DHMSC.
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DORCHESTER
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