Overview
What is Sharing Center Properties Inc?
Sharing Center Properties Inc is a nonprofit organization situated in Longwood, Florida, with an address at 600 N HIGHWAY 17-92 130. Its primary function is to oversee and manage real estate properties on behalf of its parent organization, The Christian Sharing Center, Inc. The role of Sharing Center Properties Inc involves collecting income generated from these properties and then distributing the total amount, less expenses, to its parent organization. The Christian Sharing Center, Inc. is a tax-exempt organization, as described under IRC Section 501(a).
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Available
Sharing Center Properties Inc has received positive feedback from users on platforms like Great Nonprofits. One donor noted a 5-star rating, emphasizing the organization's impactful work within the community. They highlighted the center's diverse services, including a thrift store, food pantry, and support for homeless individuals, which reflects a comprehensive approach to addressing local needs.
The organization has established partnerships with various community health services and addresses issues such as domestic violence, further demonstrating its commitment to creating a supportive environment. The donor mentioned that they specifically choose to drive a significant distance to donate, indicating a strong trust and belief in the organization's mission and effectiveness.
While individual testimonials are highly positive, there is limited quantitative data available to assess overall performance comprehensively. Future reviews and ratings from broader sources would provide a more complete picture of the nonprofit’s operational impact.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Sharing Center Properties Inc legitimate?
Sharing Center Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Sharing Center 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:
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What is the mission statement of Sharing Center Properties Inc?
Sharing Center Properties Inc's primary role is to support its parent organization, The Christian Sharing Center Inc., by holding title to real property. The income generated from this property is collected and subsequently, the entire amount, after deducting expenses, is transferred to the Christian Sharing Center Inc. This organization, as per IRC Section 501(A), is exempt from tax. Additionally, Sharing Center Properties Inc is also responsible for maintaining and operating the real property for the benefit of the Christian Sharing Center Inc.
Who is the CEO of Sharing Center Properties Inc?
Nina Yon is the Past Chair of Sharing Center Properties Inc. The CEO's salary of Sharing Center Properties Inc is $0 and their total compensation is $226,713.
What is the revenue of Sharing Center Properties Inc?
Sharing Center Properties Inc's revenue in 2022 was $12,074.
Who are the executives of Sharing Center Properties Inc and what are their salaries?
Here are 18 key members and their salaries (Sharing Center Properties Inc's CEO's salary is $0 and their total compensation is $226,713):
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- Related: $213,323
- Other: $13,390
Where can I find the form 990 for Sharing Center Properties Inc?
Sharing Center Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sharing Center Properties Inc
Sharing Center Properties Inc, as a supporting entity, is primarily tasked with holding title to real property on behalf of its parent organization, the Christian Sharing Center Inc. This role involves collecting income generated from these properties and then, after deducting expenses, transferring the net amount back to the Christian Sharing Center Inc. This organization, exempt from tax under IRC Section 501(a), benefits from Sharing Center Properties Inc's financial management of its real estate holdings. In addition to this financial role, Sharing Center Properties Inc also maintains and operates the real property assigned to it, ensuring the continued well-being and functionality of the Christian Sharing Center Inc's real estate assets.
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Impact
October, 2024
Sharing Center Properties Inc is instrumental in facilitating community improvement by managing and maintaining real estate assets for the Christian Sharing Center, Inc. This organization holds the title to various properties, ensuring they are well cared for and operational. By collecting income generated from these properties, it supports the financial sustainability of the parent organization. This income, after covering necessary expenses, is transferred to the Christian Sharing Center, enhancing its capacity to serve the community. The organization's focus on real property management not only preserves valuable community assets but also enables the Christian Sharing Center to further its mission of supporting those in need.
This information is meant to be a general summary of Sharing Center 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.
- Investment Income: $139
- Gross Receipts: $304,638
Assets and Liabilities:
- Total Assets: $2,139,367
- Total Liabilities: $21,120
- Net Assets: $2,118,247
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Organization Details
Founding Year
2004
Phone
(407) 260-9155Principal Officer
Nina Yon
Main Address
600 N HIGHWAY 17-92 130, LONGWOOD, FL, 327503638
NTEE Category
Code: S47 - Community improvement
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