The 508 Thurston Corp

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

EIN: 160916142 ✦ Ithaca, NY ✦ Designated as a 501(c)(7)

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Overview

What is The 508 Thurston Corp?

The 508 Thurston Corporation, situated in Ithaca, New York, functions as a nonprofit organization with a focus on home improvement and support. At its core, the corporation's purpose is to offer housing and camaraderie to its members. By providing a nurturing living environment, this organization fosters a sense of community among its members. The details provided do not include information about the scope of its activities, its impact beyond its members, or any additional programs or services.

Is The 508 Thurston Corp legitimate?

The 508 Thurston Corp is a legitimate nonprofit organization registered as a 501(c)(7) entity. The 508 Thurston Corp 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: $62,350

For more financial information, click here

What is the mission statement of The 508 Thurston Corp?

The 508 Thurston Corp, being a home improvement or support program, is dedicated to providing housing and fellowship to its members. This mission aims to create an inclusive and supportive environment where its members can reside and build a sense of community. The corporation's activities are focused on facilitating housing for its members and fostering a sense of camaraderie and shared experience among them. The organization's mission is centered around the idea of providing a home and a sense of belonging for its members, thereby enhancing their overall well-being.

Who is the CEO of The 508 Thurston Corp?

Jennifer Holder is the President of The 508 Thurston Corp.

What is the revenue of The 508 Thurston Corp?

The 508 Thurston Corp's revenue in 2023 was $651,822.

Who are the executives of The 508 Thurston Corp and what are their salaries?

The average compensation at The 508 Thurston Corp during 2023 was $15,588. There are 4 employees and 4 volunteers at The 508 Thurston Corp.


Here are 4 key members and their salaries:


Megan Clark-Eisenberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Lapierre (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Holder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Clark Shachoy (Vp Of House Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The 508 Thurston Corp?

The 508 Thurston Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The 508 Thurston Corp

The 508 Thurston Corp is a dedicated organization that focuses on providing housing and fellowship to its members. Their mission is to create a supportive environment where individuals can reside and foster a sense of community. By offering housing, this nonprofit organization aims to ensure that its members have a safe and secure place to live, while the provision of fellowship facilitates social interaction and a sense of belonging among its members.

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Impact




October, 2024

The 508 Thurston Corp has a significant impact on the Ithaca community through its commitment to providing housing and fellowship to its members. By fostering a supportive environment, it not only addresses the critical need for housing but also encourages social connections among members. This focus on community building enhances the overall well-being of individuals, creating a more cohesive and resilient community. Additionally, The 508 Thurston Corp contributes to education by offering programs and resources that empower its members, helping them develop new skills and foster personal growth. Through these initiatives, the organization plays a vital role in enriching the lives of its members and promoting a stronger, more connected Ithaca.




This information is meant to be a general summary of The 508 Thurston Corp. 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
$651,822 (2023)
Expenses
$524,956 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $444
  • Program Service Revenue: $648,878
  • Gross Receipts: $651,822

Assets and Liabilities:

  • Total Assets: $2,134,864
  • Total Liabilities: $24,810
  • Net Assets: $2,110,054

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Programs

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

ROOM AND BOARD

Revenue

$562,820

CHAPTER FEES

Revenue

$86,058

Organization Details

Founding Year

1917

Principal Officer

Jennifer Holder

Main Address

CO SCIARABBA WALKER 410 E UPLAND, ITHACA, NY, 14850

NTEE Category

Code: B83 - Education

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