Wasie Properties Inc in Fort Lauderdale, Florida (FL)

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Wasie Properties Inc
Employer Identification Number (EIN)200715949
Name of OrganizationWasie Properties Inc
In Care of NameWasie Foundation Inc
Address1936 Se 23rd Avenue, Fort Lauderdale, FL 33316-3652
SubsectionTitle Holding Corporation
Ruling Date05/2004
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$10,915,923
Amount of Income$68,600
Form 990 Revenue Amount$68,600
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Real Estate Organizations


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Amount of income in 2013: $68,600 (it was $932,300 in 2012)
This organization: 

 $68,600
Other organizations performing similar types of work: 

 $395,082

Assets in 2013: $10,915,923 (it was $11,287,052 in 2012)
This organization: 

 $10,915,923
Other organizations performing similar types of work: 

 $1,488,874

Expenses in 2012: $811,134
This organization: 

 $811,134
Other organizations performing similar types of work: 

 $72,621

Income to expenses ratio in 2012: 0.1
This organization: 

 0.1
Other organizations performing similar types of work: 

 3.3

Employees paid over $100,000 in 2012: 25.0%
This organization: 

 25.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$-458,328
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$12,300
Gross rents (Real / Personal)$12,300 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$12,300 / $0
Net loss from sales of assets other than inventory$-470,628
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $920,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $1,390,628
Gain or (loss) (Securities / Other)$0 / $-470,628
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$811,134
Compensation of current officers, directors, trustees, and key employees$159,927
Other salaries and wages$0
Payroll taxes$56,704
Professional fundraising services$0
Other$594,503
Balance Sheet (for 2012)
Total assets$11,287,052
Total liabilities$44,149
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$44,149
Total net assets or fund balances$11,242,903
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1South Central Properties Inc900 Hope Way, Altamonte Spg, FL 32714-1502FL2013-01$4,898,927
2South Central Properties Vi Inc900 Hope Way, Altamonte Spg, FL 32714-1502FL2013-01$4,022,211
3Jbdf Llc1 Independent Dr Ste 1400, Jacksonville, FL 32202-5011FL2014-09$2,735,985
4Sera Housing Corporation Inc21310 Nw 37th Ave, Carol City, FL 33056-1030FL2002-06$1,218,130
5Thirty Two Bj North Pension Holding CorporationC/O Whitestar Advisors Llc 902 Clin, Boca Raton, FL 33487FL1999-05$1,108,715
6Southeast Community Health Services1300 Miccosukee Rd, Tallahassee, FL 32308-5054FL2001-11$791,473
7Scottish Rite Temple Association Inc5500 Memorial Highway, Tampa, FL 33634-7336FL1972-11$745,051
8Gcm Facilities Corporation110 W Gasparilla Plz, Tampa, FL 33602-1500FL2011-09$395,082
9Tbhc Facility Corporation801 Old Water St, Tampa, FL 33602-5418FL2012-06$321,775
10The Property Appraisers Association Of Florida Inc1828 Riggins Rd, Tallahassee, FL 32308-4885FL2000-05$300,294
11Sharing Center Properties Inc600 N Highway 17-92 No 158, Longwood, FL 32750FL2005-02$299,563
12Mtm Capital Holdings Inc496 Sw Ring Ct, Lake City, FL 32025-3150FL2013-11$291,321
13Iupat District Council 78 Properties Inc2153 W Oak Ridge Rd, Orlando, FL 32809-3881FL2010-11$266,276
14Yccp Inc3015 Parental Home Rd, Jacksonville, FL 32216-5704FL2010-05$223,229
15Wayne Densch Development Corp1603 E Marks St, Orlando, FL 32803-4135FL1998-12$139,657
16Stacy Foundation Building Inc5110 N Federal Hwy, Ft Lauderdale, FL 33308-3848FL2001-03$108,000
17Worthen Legacy Group IncPO BOX 540199, Orlando, FL 32854FL2009-05$90,415
18Womens Center Properties Inc5644 Colcord Ave, Jacksonville, FL 32211-7017FL2003-04$73,018
19St Agnes Housing Corporation2043 Nw 4th Court, Miami, FL 33127FL2004-11$69,009
20Wasie Properties Inc1936 Se 23rd Avenue, Fort Lauderdale, FL 33316-3652FL2004-05$68,600
Number of organizations performing similar types of work
Alaska8
Alabama12
Arkansas5
Arizona10
California321
Colorado25
Connecticut66
District of Columbia21
Delaware17
Florida80
Georgia41
Hawaii5
Iowa8
Idaho9
Illinois147
Indiana43
Kansas7
Kentucky10
Louisiana21
Massachusetts62
Maryland45
Maine10
Michigan85
Minnesota24
Missouri43
Mississippi6
Montana10
North Carolina17
North Dakota3
Nebraska7
New Hampshire12
New Jersey43
New Mexico10
Nevada5
New York313
Ohio47
Oklahoma16
Oregon24
Pennsylvania77
Rhode Island13
South Carolina10
South Dakota4
Tennessee14
Texas191
Utah10
Virginia30
Vermont6
Washington45
Wisconsin15
West Virginia12
Wyoming1
International2
Total2,068

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