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Asclepius Corporation

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

EIN: 042899819 ✦ Hyannis, MA ✦ Designated as a 501(c)(3)

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Overview

What is Asclepius Corporation?

Asclepius Corporation serves as a dedicated rental facility for exempt organizations. Situated in Hyannis, Massachusetts, at 460 West Main Street, this organization's primary purpose is to provide a space for nonprofits to operate and carry out their respective missions. The corporation's sole activity is focused on facilitating the rental needs of these exempt organizations, contributing to their overall impact in their communities.

Is Asclepius Corporation legitimate?

Asclepius Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asclepius Corporation 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

What is the mission statement of Asclepius Corporation?

Asclepius Corporation's primary role is to offer a rental facility for exempt organizations. This organization is dedicated to serving these exempt organizations, providing them with a space to carry out their missions and activities. The mission of Asclepius Corporation is strictly focused on this rental service, aiming to support the operations of various exempt organizations. The organization does not engage in any other activities beyond providing a rental facility.

Who is the CEO of Asclepius Corporation?

Alisa Magnotta is the President of Asclepius Corporation.

What is the revenue of Asclepius Corporation?

Asclepius Corporation's revenue in 2022 was $347,405.

Who are the executives of Asclepius Corporation and what are their salaries?


Here are 10 key members and their salaries:


Alisa Magnotta (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Phinney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond A Yox (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Augustinho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dayle Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bettina Holton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Nagl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Ciavola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Carroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asclepius Corporation?

Asclepius Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Asclepius Corporation

Asclepius Corporation, as per its mission statement, is primarily dedicated to offering a rental facility to exempt organizations. This organization serves as a reliable space provider, catering to the needs of various nonprofit entities that fall under the exempt category. By providing a suitable venue, Asclepius Corporation enables these organizations to carry out their respective missions and activities more effectively. It's important to note that the corporation's sole function is to offer a rental facility, making it a crucial partner for numerous exempt organizations in their quest to make a positive impact in their communities.

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Impact




October, 2024

Asclepius Corporation significantly contributes to community improvement by offering a dedicated rental facility for exempt organizations in Hyannis, MA. This facility serves as a vital resource for various groups, enabling them to conduct meetings, events, and programs that bolster community engagement and support. By providing a space that caters specifically to the needs of these organizations, Asclepius Corporation fosters collaboration and enhances the capacity of local nonprofits to serve the community effectively. This aligns with a broader commitment to strengthening community ties and facilitating the essential work of organizations that aim to make a positive impact.




This information is meant to be a general summary of Asclepius Corporation. 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
$347,405 (2022)
Expenses
$249,067 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $84
  • Program Service Revenue: $347,321
  • Gross Receipts: $347,405

Assets and Liabilities:

  • Total Assets: $825,354
  • Total Liabilities: $594,705
  • Net Assets: $230,649

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL - OTHER NPOS

Revenue

$347,321

Organization Details

Founding Year

1985

Principal Officer

Alisa Magnotta

Main Address

460 WEST MAIN STREET, HYANNIS, MA, 02601

NTEE Category

Code: S47Z - Community improvement

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