Overview
What is Unlimited Potential Properties Inc?
Unlimited Potential Properties Inc is a company that leases out its real estate to Unlimited Possibilities Inc, a 501(c)(3) nonprofit organization. This arrangement enables Unlimited Possibilities to carry out its charitable objectives. The property is also rented to for-profit businesses in Albany, NY. In essence, Unlimited Potential Properties Inc plays a crucial role in supporting the mission of Unlimited Possibilities Inc by providing it with a physical space to operate.
Official website here: www.northernrivers.org
Is Unlimited Potential Properties Inc legitimate?
Unlimited Potential Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Unlimited Potential 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
For more financial information, click here
Official website here: www.northernrivers.org
What is the mission statement of Unlimited Potential Properties Inc?
Unlimited Potential Properties Inc. provides rental property to Unlimited Possibilities Inc., a 501(c)(3) organization, to aid in fulfilling its charitable objectives. The company owns and manages real estate, leasing it to both the non-profit organization and for-profit businesses. The primary purpose of this arrangement is to support Unlimited Possibilities Inc. in carrying out its exempt activities. By leasing property, Unlimited Potential Properties Inc. contributes to the mission of its tenant organization, without revealing specific details about the mission itself.
Official website here: www.northernrivers.org
Who is the CEO of Unlimited Potential Properties Inc?
William T Gettman Jr is the Principal Officer of Unlimited Potential Properties Inc. The CEO's salary of Unlimited Potential Properties Inc is $0 and their total compensation is $264,656.
Official website here: www.northernrivers.org
What is the revenue of Unlimited Potential Properties Inc?
Unlimited Potential Properties Inc's revenue in 2022 was $54,339.
Official website here: www.northernrivers.org
Who are the executives of Unlimited Potential Properties Inc and what are their salaries?
There 18 volunteers at Unlimited Potential Properties Inc.
Here are 20 key members and their salaries (Unlimited Potential Properties Inc's CEO's salary is $0 and their total compensation is $264,656):
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- Related: $261,638
- Other: $3,018
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- Related: $161,178
- Other: $3,797
Official website here: www.northernrivers.org
Where can I find the form 990 for Unlimited Potential Properties Inc?
Unlimited Potential Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northernrivers.org
Learn more at the official website: www.northernrivers.org
Mission Statement of Unlimited Potential Properties Inc
Unlimited Potential Properties, Inc., a distinguished entity, plays a crucial role in facilitating the mission of Unlimited Possibilities, Inc., a 501 (C) (3) organization. By renting out its property, Unlimited Potential Properties, Inc. provides a space that allows Unlimited Possibilities, Inc. to carry out its exempt purpose effectively. The property owned and operated by Unlimited Potential Properties, Inc. is leased not only to Unlimited Possibilities, Inc. but also to various for-profit businesses, contributing to a diverse and vibrant community. The primary objective of Unlimited Potential Properties, Inc. is to support Unlimited Possibilities, Inc. in its charitable activities, thereby contributing to its overall mission.
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Impact
October, 2024
Unlimited Potential Properties Inc significantly contributes to the community by providing essential real estate resources that support local missions aimed at enhancing public welfare. By leasing property to Unlimited Possibilities Inc., this organization facilitates the latter's capacity to execute its goals effectively, thereby fostering a positive impact on the community in Albany, NY.
The property ownership and leasing activities not only enable Unlimited Possibilities Inc. to maintain its operations but also create opportunities for collaboration with for-profit businesses in the area. This dual approach helps stimulate the local economy while ensuring that community-centered initiatives receive the support they need.
Overall, Unlimited Potential Properties Inc plays a vital role in promoting community improvement by aligning its real estate assets with organizations dedicated to serving the public good, contributing to a more vibrant and supportive community environment.
This information is meant to be a general summary of Unlimited Potential 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: $104,265
Assets and Liabilities:
- Total Assets: $1,327,921
- Total Liabilities: $367,537
- Net Assets: $960,384
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Organization Details
Founding Year
1988
Phone
(518) 426-2600Principal Officer
William T Gettman Jr
Main Address
60 ACADEMY ROAD, ALBANY, NY, 12208
Website
www.northernrivers.orgNTEE Category
Code: S47 - Community improvement
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