Overview
What is Cys Properties Inc?
Cys Properties Inc is a not-for-profit organization situated in Rochester, New York. It owns a total of six buildings within the city. One of these properties is leased back to The Center For Youth Services, Inc., transforming it into an emergency shelter for runaway and homeless youth. This act of Cys Properties Inc significantly contributes to supporting these vulnerable young individuals in the community.
Is Cys Properties Inc legitimate?
Cys Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cys 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 Cys Properties Inc?
CYS Properties Inc, as a not-for-profit organization, is dedicated to providing emergency housing for runaway and homeless youth. They accomplish this by owning six buildings in an unspecified location and leasing one of these buildings to The Center For Youth Services, Inc. This leased building serves as The Center's emergency home for the young individuals in need. The organization's actions aim to offer a safe and temporary shelter for these vulnerable youths.
Who is the CEO of Cys Properties Inc?
Elaine Spaull is the President of Cys Properties Inc.
What is the revenue of Cys Properties Inc?
Cys Properties Inc's revenue in 2023 was $30,027.
Who are the executives of Cys Properties Inc and what are their salaries?
There 7 volunteers at Cys Properties Inc.
Here are 9 key members and their salaries:
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- Related: $166,753
- Other: $4,004
- Compensation: $0
- Related: $68,405
- Other: $4,281
Where can I find the form 990 for Cys Properties Inc?
Cys Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cys Properties Inc
CYS Properties, a not-for-profit organization, is dedicated to providing emergency housing solutions for runaway and homeless youth. They achieve this mission by owning several buildings in Rochester, New York, and leasing one of these properties to The Center For Youth Services, Inc. This leased building serves as The Center's emergency home, offering a safe and secure space for vulnerable young individuals in need. CYS Properties' commitment to this cause contributes to the well-being and safety of these youth, providing them with a crucial lifeline during challenging times.
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Impact
October, 2024
Cys Properties Inc significantly impacts the Rochester, New York community by providing essential emergency housing for runaway and homeless youth. By owning and managing six buildings, Cys Properties ensures that vulnerable adolescents have a safe and supportive environment when they need it most. The organization leases one of its properties to The Center For Youth Services, which operates the emergency home, allowing for immediate access to shelter and resources for those in crisis.
This vital service helps address the pressing issue of youth homelessness, offering not just a roof over their heads but also a pathway to stability and recovery. The presence of such emergency housing can profoundly affect the trajectory of these young people's lives, providing them with safety, support, and the tools to navigate their challenges. Overall, Cys Properties Inc plays a crucial role in community improvement by fostering a more supportive network for at-risk youth in Rochester.
This information is meant to be a general summary of Cys 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: $27
- Program Service Revenue: $30,000
- Gross Receipts: $30,027
Assets and Liabilities:
- Total Assets: $832,171
- Total Liabilities: $0
- Net Assets: $832,171
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$30,000
Organization Details
Founding Year
1994
Phone
(585) 473-2464Principal Officer
Elaine Spaull
Main Address
905 Monroe Ave, Rochester, NY, 14620
NTEE Category
Code: S47 - Community improvement
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