Overview
What is 2Life Realty Inc?
2Life Realty Inc, headquartered in Brighton, Massachusetts, is a nonprofit organization with a mission inspired by Jewish values. Their primary focus is on building and operating housing for low-income seniors, aiming to enhance their independence and dignity. They manage, develop, and fund improvements for properties owned by related entities, providing affordable housing for this demographic. 2Life Realty Inc's commitment extends beyond just providing shelter; their services are designed to uplift the dignity and independence of their residents.
Official website here: www.2lifecommunities.org
Is 2Life Realty Inc legitimate?
2Life Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 2Life Realty Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,161
For more financial information, click here
Official website here: www.2lifecommunities.org
What is the mission statement of 2Life Realty Inc?
2Life Realty Inc's mission is centered around providing affordable housing for low-income seniors, aligning with its values. The company offers asset management, development services, and funds for improvements to properties owned by related entities. These properties are designed to enhance the independence and dignity of its residents. Inspired by universal values, 2Life Communities, operated by 2Life Realty Inc., are non-sectarian, catering to individuals regardless of their religious beliefs. The company has actively funded renovations and improvements for its properties, ensuring the comfort and safety of its senior residents.
Official website here: www.2lifecommunities.org
Who is the CEO of 2Life Realty Inc?
Amy Schectman is the CEO of 2Life Realty Inc The CEO's salary of 2Life Realty Inc is $0 and their total compensation is $315,748.
Official website here: www.2lifecommunities.org
What is the revenue of 2Life Realty Inc?
2Life Realty Inc's revenue in 2023 was $456,866.
Official website here: www.2lifecommunities.org
Who are the executives of 2Life Realty Inc and what are their salaries?
There 5 volunteers at 2Life Realty Inc.
Here are 8 key members and their salaries (2Life Realty Inc's CEO's salary is $0 and their total compensation is $315,748):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $302,225
- Other: $13,523
- Compensation: $0
- Related: $207,373
- Other: $26,147
- Compensation: $0
- Related: $218,424
- Other: $46,246
Official website here: www.2lifecommunities.org
Where can I find the form 990 for 2Life Realty Inc?
2Life Realty Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.2lifecommunities.org
Learn more at the official website: www.2lifecommunities.org
Mission Statement of 2Life Realty Inc
2Life Realty Inc, guided by Jewish values, is dedicated to constructing and managing housing for low-income seniors. Their mission is twofold: firstly, they offer asset management and development services to properties owned by related entities, ensuring these residences continue to provide affordable housing for the elderly. Secondly, they provide financial aid for renovations and improvements to these properties, enhancing the living conditions and promoting the independence and dignity of its residents.
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Impact
October, 2024
2Life Realty Inc significantly impacts the lives of low-income seniors by building and operating affordable housing communities that promote independence and dignity. Their commitment goes beyond mere housing; they offer essential services designed to enhance the quality of life for their residents. With a strong foundation inspired by Jewish values, their nonsectarian approach ensures inclusivity and support for diverse populations.
Through effective asset management and development services, 2Life Realty Inc has successfully funded renovations and improvements to various properties, creating safe, comfortable environments for seniors. Located in Brighton, MA, their initiatives not only provide shelter but also foster community engagement and well-being among residents, addressing a critical need for affordable housing solutions.
This information is meant to be a general summary of 2Life Realty Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $140,989
- Program Service Revenue: $277,548
- Gross Receipts: $627,006
Assets and Liabilities:
- Total Assets: $18,756,919
- Total Liabilities: $2,494,025
- Net Assets: $16,262,894
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INTEREST INCOM
Revenue
$277,548
Organization Details
Founding Year
1982
Principal Officer
Karen Edlund
Website
www.2lifecommunities.orgNTEE Category
Code: L22Z - Housing
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