Buel Real Estate Inc

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

EIN: 061265384 ✦ Litchfield, CT ✦ Designated as a 501(c)(2)

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Overview

What is Buel Real Estate Inc?

Buel Real Estate Inc, based in Litchfield, Connecticut, is a nonprofit organization with a primary mission to support Mary Bouel Memorial Inc. and Connecticut Junior Republic Association Inc. through the acquisition, management, and income collection from real estate properties located in Litchfield, Winchester, and Waterbury, Connecticut. These properties are utilized for the 501(c)3 activities and programs of Connecticut Junior Republic Association Inc. The organization's role is vital in generating income for these nonprofits, benefiting their respective missions.

Is Buel Real Estate Inc legitimate?

Buel Real Estate Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Buel Real Estate 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

What is the mission statement of Buel Real Estate Inc?

Buel Real Estate Inc's primary mission is to serve two beneficiary organizations, Mary Buel Memorial Inc. and Connecticut Junior Republic Association Inc., by acquiring, holding title to, managing, and generating income from real property. This income is utilized to support the activities and programs of the Connecticut Junior Republic Association Inc., a 501(c)3 organization. By engaging in real estate holding and maintenance, Buel Real Estate Inc. aims to contribute financially to the work and initiatives of these organizations.

Who is the CEO of Buel Real Estate Inc?

Daniel Rezende is the President/Ce of Buel Real Estate Inc.

What is the revenue of Buel Real Estate Inc?

Buel Real Estate Inc's revenue in 2022 was $418,983.

Who are the executives of Buel Real Estate Inc and what are their salaries?

There 6 volunteers at Buel Real Estate Inc.


Here are 8 key members and their salaries:


Daniel Rezende (President/Ce)
  • Compensation: $0
  • Related: $201,670
  • Other: $24,672
Patricia Shishkov (Treasurer)
  • Compensation: $0
  • Related: $127,825
  • Other: $22,636
Martha Bernstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Ebersol Jr (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Laviero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Roraback (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Walker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Buel Real Estate Inc?

Buel Real Estate Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Buel Real Estate Inc

Buel Real Estate Inc, as a mission-driven organization, is committed to acquiring, holding title to, managing, and collecting income from real property. The primary beneficiaries of this endeavor are Mary Buel Memorial, Incorporated, and Connecticut Junior Republic Association, Incorporated. By engaging in these real estate activities, Buel Real Estate Inc provides a steady source of financial support for these two organizations, enabling them to carry out their respective missions and programs. The organization's involvement in the real estate sector is not just about property ownership and management; it serves as a means to contribute to the broader mission of its beneficiaries. By leveraging its real estate holdings, Buel Real Estate Inc plays a crucial role in supporting the work of these nonprofits, ultimately contributing to the betterment of their respective communities.

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Impact




October, 2024

Buel Real Estate Inc significantly impacts the local community through its strategic acquisition and management of real estate properties in Litchfield, Winchester, and Waterbury, Connecticut. By holding and maintaining these properties, Buel Real Estate Inc supports the vital programs and activities of the Connecticut Junior Republic Association, enhancing the services they provide to the community.

The organization ensures that these properties generate income and are well-maintained, which allows for greater investment in community-oriented initiatives. This includes programs aimed at youth development and community improvement, thereby fostering a strong support system for local families and individuals in need. The collaboration with the Connecticut Junior Republic Association exemplifies a commitment to uplift and empower the community through dedicated resources and carefully managed real estate, ultimately promoting social welfare and transformation.




This information is meant to be a general summary of Buel Real Estate 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
$418,983 (2022)
Expenses
$587,114 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Program Service Revenue: $418,967
  • Gross Receipts: $418,983

Assets and Liabilities:

  • Total Assets: $5,046,342
  • Total Liabilities: $1,705,566
  • Net Assets: $3,340,776

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Programs

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

RENTAL INCOME

Revenue

$418,967

Organization Details

Founding Year

1989

Principal Officer

Daniel Rezende

Main Address

PO BOX 161, LITCHFIELD, CT, 06759

NTEE Category

Code: S47 - Community improvement

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