Overview
What is Dale Properties Inc?
Dale Properties Inc. is a nonprofit organization situated in Lockport, NY, primarily dedicated to managing real estate properties. Its main responsibilities include safeguarding property titles, collecting rental income, and managing operational expenses related to rent. Notably, the company remits an annual residual balance to the Dale Association, Inc., a 501(c)(3) organization, furthering its charitable mission. As a title holding company, Dale Properties Inc. plays a crucial role in the property management sector.
Official website here: www.daleassociation.com/
Is Dale Properties Inc legitimate?
Dale Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Dale 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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Official website here: www.daleassociation.com/
What is the mission statement of Dale Properties Inc?
Dale Properties Inc's primary mission is centered around holding and safeguarding property titles, collecting rental income, and managing rental expenses. This organization also has a commitment to remitting the annual surplus balance to the Dale Association Inc., a 501(c)(3) non-profit organization. Essentially, Dale Properties serves as a title holding company with a focus on property management and financial management of its rental properties.
Official website here: www.daleassociation.com/
Who is the CEO of Dale Properties Inc?
Maureen Wendt is the President / Chair of Dale Properties Inc.
Official website here: www.daleassociation.com/
What is the revenue of Dale Properties Inc?
Dale Properties Inc's revenue in 2022 was $0.
Official website here: www.daleassociation.com/
Who are the executives of Dale Properties Inc and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $80,263
- Other: $3,949
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Official website here: www.daleassociation.com/
Where can I find the form 990 for Dale Properties Inc?
Dale Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.daleassociation.com/
Learn more at the official website: www.daleassociation.com/
Mission Statement of Dale Properties Inc
Dale Properties Inc, as a title holding company, is dedicated to a specific mission. Its primary objective is to safeguard property titles, collect rental income, and manage the payment of rental expenses. Moreover, Dale Properties has an additional responsibility of remitting the annual residual balance to the Dale Association, Inc., a 501(c)(3) nonprofit organization. In essence, Dale Properties Inc plays a vital role in property management, ensuring the smooth operation of rental properties while contributing to the charitable work of the Dale Association, Inc. by transferring a portion of its earnings.
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Impact
October, 2024
Dale Properties Inc plays a vital role in supporting community improvement through its dedicated management of property ownership and rental income. By holding and protecting title to properties, the organization ensures that valuable assets are maintained and utilized effectively. This stewardship allows for the collection of rental income, which is essential for funding various community initiatives.
A significant aspect of Dale Properties' impact is its commitment to remitting the annual residual balance to the Dale Association, Inc. This relationship enables further investment in programs and services that benefit the community, enhancing the overall quality of life for residents. Operating out of Lockport, NY, the organization actively contributes to local development by maintaining properties and generating financial resources that support the greater mission of community enhancement. Through its structured approach to property management and financial stewardship, Dale Properties Inc fosters a sustainable foundation for ongoing community improvement efforts.
This information is meant to be a general summary of Dale 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 2022.
- Gross Receipts: $93,801
Assets and Liabilities:
- Total Assets: $1,910,935
- Total Liabilities: $109,695
- Net Assets: $1,801,240
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Organization Details
Founding Year
1998
Phone
(716) 433-4443Principal Officer
Maureen Wendt
Main Address
33 ONTARIO STREET, LOCKPORT, NY, 14094
Website
www.daleassociation.com/NTEE Category
Code: S47 - Community improvement
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