Overview
What is Southtowns Rural Preservation Co?
Southtowns Rural Preservation Co is a nonprofit organization situated in Boston, New York. Their primary mission is to stimulate preservation through rural reinvestment. They achieve this by aiding low-income individuals in rehabilitating and repairing their homes. Furthermore, they manage a 12-unit apartment building, providing affordable housing for families in need. Their work contributes significantly to the community, ensuring the preservation of rural areas and the improvement of living conditions for its residents.
Is Southtowns Rural Preservation Co legitimate?
Southtowns Rural Preservation Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southtowns Rural Preservation Co 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: $63,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,376
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What is the mission statement of Southtowns Rural Preservation Co?
Southtowns Rural Preservation Co's mission is centered around stimulating preservation through rural reinvestment. They actively assist low-income individuals by aiding in the renovation and repair of their residences. Furthermore, the organization manages a 12-unit apartment building, providing affordable housing options for low-income individuals and families. Their goal is to revitalize rural areas and improve living conditions for those in need.
What is the revenue of Southtowns Rural Preservation Co?
Southtowns Rural Preservation Co's revenue in 2023 was $415,070.
Who are the executives of Southtowns Rural Preservation Co and what are their salaries?
The average compensation at Southtowns Rural Preservation Co during 2023 was $47,836. There are 2 employees at Southtowns Rural Preservation Co.
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Where can I find the form 990 for Southtowns Rural Preservation Co?
Southtowns Rural Preservation Co's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southtowns Rural Preservation Co
Southtowns Rural Preservation, as a nonprofit organization, is committed to stimulating preservation through rural reinvestment. They carry out this mission by providing assistance to low-income individuals in rehabilitating and repairing their residences. Furthermore, the organization manages a 12-unit apartment building, offering affordable housing solutions for low-income individuals and families. By investing in rural areas and supporting those in need, Southtowns Rural Preservation aims to preserve the integrity and livability of these communities.
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Impact
October, 2024
Southtowns Rural Preservation Co significantly impacts the community by enhancing the quality of life for low-income individuals and families in Boston, NY. Their efforts focus on stimulating preservation through rural reinvestment, which involves assisting residents with rehabilitation and repair of their homes. This support not only improves living conditions but also contributes to the overall vitality of the community.
Additionally, managing a 12-unit apartment building specifically for low-income individuals and families provides essential affordable housing options, addressing a critical need in the area. Through these initiatives, Southtowns Rural Preservation actively fosters community improvement and sustainability, ensuring that residents have safe, stable, and well-maintained living environments.
This information is meant to be a general summary of Southtowns Rural Preservation Co. 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: $90
- Program Service Revenue: $64,110
- Gross Receipts: $415,070
Assets and Liabilities:
- Total Assets: $904,235
- Total Liabilities: $1,174,984
- Net Assets: -$270,749
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOSTON SCHOOL APARTMENTS
Revenue
$64,110
Organization Details
Founding Year
1986
Principal Officer
Jason Heatley
NTEE Category
Code: S320 - Community improvement
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