Overview
What is Desales Center Inc?
Desales Center Inc is a not-for-profit organization located at 731 Lafayette Street, Utica, NY. Its primary role is to support and benefit another nonprofit entity, Thea Bowman House, Inc., by holding title to property and distributing any net profits gained. Desales Center serves as a holding company, providing rental space to various nonprofit organizations, with the goal of financially contributing to Thea Bowman House's mission. The organization's purpose is aligned with enhancing and supporting the initiatives of Thea Bowman House, Inc.
Is Desales Center Inc legitimate?
Desales Center Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Desales Center 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:
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What is the mission statement of Desales Center Inc?
The Desales Center Inc, serving as a not-for-profit holding company, is dedicated to supporting and benefiting Thea Bowman House Inc. Its primary objective is to maintain property titles and distribute any generated profits to Thea Bowman House Inc. The Desales Center Inc also leases space to various not-for-profit organizations, with the net profits contributing to the well-being of Thea Bowman House Inc.
Who is the CEO of Desales Center Inc?
Ellen Luley is the President of Desales Center Inc.
What is the revenue of Desales Center Inc?
Desales Center Inc's revenue in 2022 was $95,553.
Who are the executives of Desales Center Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Desales Center Inc?
Desales Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Desales Center Inc
Desales Center, a not-for-profit organization, is committed to supporting and benefiting Thea Bowman House, Inc. This is achieved by holding title property and transferring any net profit to Thea Bowman House, Inc. In essence, Desales Center serves as a holding company, renting out space to both Thea Bowman House and other non-profit organizations. The revenues generated by Desales Center are then channeled towards supporting the mission and objectives of Thea Bowman House, Inc. This mutual support system between the two organizations enables them to collectively make a significant impact in their respective fields.
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Impact
October, 2024
Desales Center Inc plays a crucial role in supporting and enhancing the mission of Thea Bowman House, Inc. By functioning as a property holding entity, it provides essential rental space for various nonprofit organizations, ensuring that these entities can operate effectively within the community. The net profits generated from this property rental are directed to Thea Bowman House, which focuses on community improvement initiatives in Utica, NY.
This structure not only helps sustain Thea Bowman House's programs and services but also fosters a collaborative environment among local nonprofits. By facilitating access to resources and space, Desales Center Inc contributes significantly to the overall health and vitality of the community, addressing pressing needs and empowering residents through various social services. Through its strategic operations, Desales Center Inc helps to strengthen the fabric of the community, making it a pivotal player in local development and support initiatives.
This information is meant to be a general summary of Desales Center 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 2022.
- Gross Receipts: $95,553
Assets and Liabilities:
- Total Assets: $921,918
- Total Liabilities: $14,193
- Net Assets: $907,725
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Organization Details
Founding Year
2009
Phone
(315) 797-0748Principal Officer
Ellen Luley
Main Address
731 LAFAYETTE STREET, UTICA, NY, 135023418
NTEE Category
Code: S47 - Community improvement
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