Ibpat Realty Trust

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

EIN: 046630515 ✦ Roslindale, MA ✦ Designated as a 501(c)(5)

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Overview

What is Ibpat Realty Trust?

Ibpat Realty Trust is a real estate organization situated in Roslindale, Massachusetts. Their primary focus is on leasing properties to various non-profit organizations, serving as a reliable provider of housing solutions within this sector. By doing so, Ibpat Realty Trust plays an essential role in supporting the operations and growth of various non-profits, contributing to the broader community.

Is Ibpat Realty Trust legitimate?

Ibpat Realty Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibpat 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ibpat Realty Trust?

Ibpat Realty Trust's mission is centered around providing rental properties to non-profit organizations. As a real estate organization, its primary function is to offer its resources to these charitable entities, contributing to their operations and causes in various capacities. Based in an undisclosed location, Ibpat Realty Trust serves as a reliable partner to non-profits, offering them a space to carry out their charitable activities and fulfill their missions.

Who is the CEO of Ibpat Realty Trust?

Chris Brennan is the Trustee of Ibpat Realty Trust.

What is the revenue of Ibpat Realty Trust?

Ibpat Realty Trust's revenue in 2022 was $750,745.

Who are the executives of Ibpat Realty Trust and what are their salaries?


Here are 5 key members and their salaries:


Jeffrey Sullivan (Trustee)
  • Compensation: $0
  • Related: $193,283
  • Other: $89,697
Charles Fogell (Trustee)
  • Compensation: $0
  • Related: $178,978
  • Other: $87,566
Joseph Itri (Trustee)
  • Compensation: $0
  • Related: $163,995
  • Other: $63,604
Michael Lafferty (Trustee)
  • Compensation: $0
  • Related: $163,473
  • Other: $63,604
Paul Canning (Trustee)
  • Compensation: $0
  • Related: $50,206
  • Other: $13,331
Where can I find the form 990 for Ibpat Realty Trust?

Ibpat Realty Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibpat Realty Trust

Ibpat Realty Trust, a real estate organization, dedicates its mission to providing rental properties to various non-profit organizations. Situated beyond the scope of the provided information, the specific focus or cause these non-profits serve remains unclear. However, what is known is that Ibpat Realty Trust acts as a landlord to these organizations, offering them the necessary space to carry out their charitable activities. By doing so, the trust plays an instrumental role in supporting the vital work of non-profits, enabling them to operate effectively and contribute positively to their respective communities.

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Impact




October, 2024

Ibpat Realty Trust plays a crucial role in supporting non-profit organizations by providing them with access to affordable rental properties. By focusing on the real estate needs of these organizations, it facilitates their operations, allowing them to allocate more resources towards their missions and community services. Located in Roslindale, MA, the trust enhances community improvement efforts by ensuring that non-profits have the necessary spaces to thrive and engage with the communities they serve. This strategic focus not only helps sustain important social services but also fosters a collaborative environment that strengthens local initiatives and positively impacts the broader community.




This information is meant to be a general summary of Ibpat 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.

Revenue
$750,745 (2022)
Expenses
$537,769 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $305
  • Program Service Revenue: $750,440
  • Gross Receipts: $750,745

Assets and Liabilities:

  • Total Assets: $2,127,652
  • Total Liabilities: $0
  • Net Assets: $2,127,652

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Programs

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

RENTAL INCOME

Revenue

$750,440

Organization Details

Founding Year

1993

Principal Officer

Chris Brennan

Main Address

25 COLGATE ROAD, ROSLINDALE, MA, 02131

NTEE Category

Code: S47 - Community improvement

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