Overview
What is Cranberry Isles Realty Trust?
Cranberry Isles Realty Trust is a nonprofit organization situated in Cranberry Isles, Maine. Their primary mission is to provide affordable year-round housing for residents on the island. To achieve this, they purchase, construct, and manage land and homes at reasonably priced rates. Currently, they have six homes available for rent, fulfilling their mission and meeting the needs of the community.
Official website here: www.cirtrust.org
Is Cranberry Isles Realty Trust legitimate?
Cranberry Isles Realty Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cranberry Isles Realty Trust 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:
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For more financial information, click here
Official website here: www.cirtrust.org
What is the mission statement of Cranberry Isles Realty Trust?
The Cranberry Isles Realty Trust is committed to achieving its mission by purchasing, constructing, and managing land and homes at reasonable costs. This organization aims to cater to individuals desiring year-round residence. Currently, they have six properties available for rental, thereby fulfilling their mission of providing affordable housing. The trust's primary objective is to make living year-round on the Cranberry Isles an accessible and affordable option for many.
Official website here: www.cirtrust.org
Who is the CEO of Cranberry Isles Realty Trust?
Ken Schmidt is the President of Cranberry Isles Realty Trust.
Official website here: www.cirtrust.org
What is the revenue of Cranberry Isles Realty Trust?
Cranberry Isles Realty Trust's revenue in 2022 was $256,843.
Official website here: www.cirtrust.org
Who are the executives of Cranberry Isles Realty Trust and what are their salaries?
There 13 volunteers at Cranberry Isles Realty Trust.
Here are 13 key members and their salaries:
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Official website here: www.cirtrust.org
Where can I find the form 990 for Cranberry Isles Realty Trust?
Cranberry Isles Realty Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cirtrust.org
Learn more at the official website: www.cirtrust.org
Mission Statement of Cranberry Isles Realty Trust
Cranberry Isles Realty Trust, a nonprofit organization, is dedicated to providing affordable year-round housing for residents. Their mission involves actively purchasing, constructing, and managing land and homes at reasonable prices for individuals desiring to live permanently on the Cranberry Isles. Currently, the organization manages six homes on the island, fulfilling its mission of making housing accessible to a wider population.
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Impact
October, 2024
Cranberry Isles Realty Trust plays a crucial role in providing low-cost, year-round housing for residents of the Cranberry Isles. By acquiring, building, and managing homes, the Trust directly addresses the need for affordable housing in this unique island community. Currently, it manages six homes that are rented out, effectively contributing to the stability and sustainability of the local population. This initiative not only preserves the community's character but also ensures that individuals who wish to live year-round on the islands have access to reasonable housing options. By focusing on affordability, the Trust supports the livelihoods and well-being of residents, fostering a vibrant community.
This information is meant to be a general summary of Cranberry Isles Realty Trust. 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 2022.
- Investment Income: $159,436
- Program Service Revenue: $33,750
- Gross Receipts: $353,096
Assets and Liabilities:
- Total Assets: $1,285,033
- Total Liabilities: $358,450
- Net Assets: $926,583
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING RENTALS
Revenue
$33,750
Organization Details
Founding Year
1997
Phone
(703) 683-7675Principal Officer
Ken Schmidt
Main Address
PO BOX 4, CRANBERRY ISLES, ME, 04625
Website
www.cirtrust.orgNTEE Category
Code: L20 - Housing
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