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2Life Realty Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042505972 ✦ Brighton, MA ✦ Designated as a 501(c)(3)

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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: $0

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?

Karen Edlund is the Chief Financial Officer/Treasurer of 2Life Realty Inc.


Official website here: www.2lifecommunities.org/

What is the revenue of 2Life Realty Inc?

2Life Realty Inc's revenue in 2022 was $450,227.


Official website here: www.2lifecommunities.org/

Who are the executives of 2Life Realty Inc and what are their salaries?


Here are 14 key members and their salaries:


Bernard Kaplan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Shaevel (Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Kalikow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Sacks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Posner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Schectman (President)
  • Compensation: $0
  • Related: $317,654
  • Other: $13,868
Henry Korman (General Counsel/Assistant Clerk)
  • Compensation: $0
  • Related: $206,340
  • Other: $10,000
Karen Edlund (Chief Financial Officer/Treasurer)
  • Compensation: $0
  • Related: $199,524
  • Other: $23,345
Lizbeth Heyer (Vice President/Clerk)
  • Compensation: $0
  • Related: $209,819
  • Other: $49,570
Elijah Lapson (Chief Technology Officer)
  • Compensation: $0
  • Related: $194,590
  • Other: $50,170
Matthew Quinn (Senior Director, Real Estate And Corp Finance)
  • Compensation: $0
  • Related: $173,576
  • Other: $46,357
Sharon Brooks (Chief Marketing Officer)
  • Compensation: $0
  • Related: $211,757
  • Other: $4,204
Susan Appelbaum (Chief Development Officer)
  • Compensation: $0
  • Related: $180,774
  • Other: $8,775
Zoe Weinrobe (Director Of Real Estate Development)
  • Compensation: $0
  • Related: $149,588
  • Other: $20,813


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 2022 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.

Revenue
$450,227 (2022)
Expenses
$2,105,966 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $75,414
  • Program Service Revenue: $331,092
  • Gross Receipts: $495,730

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

$331,092

Organization Details

Founding Year

1982

Principal Officer

Karen Edlund

Main Address

30 WALLINGFORD ROAD, BRIGHTON, MA, 02135

NTEE Category

Code: L22Z - Housing

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