Overview
What is Skylight Properties Inc?
Skylight Properties Inc, established in New York, serves as a property management company for an affiliated nonprofit organization, Sky Light Center Inc, located in Staten Island, New York. The company's primary function is to oversee the rental properties it provides to Sky Light Center Inc, which is exempt from federal income tax. This relationship allows Skylight Properties Inc to contribute to the mission of its affiliated organization, without necessarily having a charitable mission itself.
Is Skylight Properties Inc legitimate?
Skylight Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Skylight Properties 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
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What is the mission statement of Skylight Properties Inc?
Skylight Properties Inc was established with the primary objective of managing properties that it leases to its affiliated non-profit organization, Sky Light Center, Inc. The company's mission revolves around this management role, ensuring the properties are well-maintained and suitable for the use of Sky Light Center, Inc. However, as the provided information does not contain details about the objectives or purposes of Sky Light Center, Inc., it's challenging to provide a comprehensive mission statement for Skylight Properties Inc beyond its property management role.
What is the revenue of Skylight Properties Inc?
Skylight Properties Inc's revenue in 2023 was $104,837.
Who are the executives of Skylight Properties Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Skylight Properties Inc?
Skylight Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Skylight Properties Inc
Skylight Properties Inc, established in New York, was incorporated with a specific purpose. This real estate management company manages properties it rents out to its affiliated exempt organization, Sky Light Center, Inc. The primary mission of Skylight Properties Inc is to support its affiliated organization through property management services. This relationship allows Sky Light Center, Inc. to focus on its own mission and operations, while Skylight Properties Inc ensures the smooth running of the rented properties. By managing these properties, Skylight Properties Inc contributes to the overall success of its affiliated organization, ultimately aiding in its mission and objectives.
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Impact
October, 2024
Skylight Properties Inc plays a crucial role in enhancing community resources by managing rental properties for an affiliated organization, Skylight Center, Inc. Located in Staten Island, New York, its operations directly contribute to the availability of essential facilities that support various programs and services. By focusing on property management, Skylight Properties ensures that the affiliated organization can effectively serve the community, fostering improvements in local living conditions and accessibility to needed services. The payments made to Skylight Center further strengthen the partnership between the two entities, enabling a streamlined flow of resources that directly benefits community development initiatives.
This information is meant to be a general summary of Skylight Properties 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,295
- Gross Receipts: $104,837
Assets and Liabilities:
- Total Assets: $431,517
- Total Liabilities: $0
- Net Assets: $431,517
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Organization Details
Founding Year
1998
Principal Officer
Ravi Ramaswamy
NTEE Category
Code: S47 - Community improvement
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