Overview
What is Pikes Peak Real Estate Foundation?
Pikes Peak Real Estate Foundation is a nonprofit organization situated in Colorado Springs, Colorado. The foundation's primary mission involves preserving and safeguarding historical and charitable real estate properties within the Pikes Peak region. By doing so, the organization aims to foster community capital through the use of real estate by philanthropists. With a modest workforce of two dedicated individuals, the foundation has made significant strides in this field.
Official website here: www.ppcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
The Pikes Peak Real Estate Foundation has achieved an impressive 100% rating from Charity Navigator, highlighting a strong commitment to accountability and financial integrity. The foundation's score is based entirely on its governance and financial practices, which are exemplary, demonstrating a well-managed organization. This high rating indicates that the foundation is effectively utilizing its resources to support its mission.
Strengths of the organization include a fully independent board consisting of 90% independent members, solid financial oversight, and stringent policies regarding conflicts of interest and whistleblower protections. The foundation's fiscal responsibility is evident in its program expense ratio of 90.04%, ensuring that a significant portion of its funding directly supports its initiatives rather than administrative costs. Additionally, the foundation's financial statements undergo rigorous audits, affirming a strong commitment to transparency.
While the foundation exhibits many strengths, it is essential to continually monitor the impact of its programs and ensure ongoing community engagement. The lack of reported material asset diversion further demonstrates the organization's reliability. Overall, Pikes Peak Real Estate Foundation stands out as a well-governed nonprofit making effective use of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Pikes Peak Real Estate Foundation legitimate?
Pikes Peak Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pikes Peak Real Estate Foundation 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: $146,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,916
For more financial information, click here
Official website here: www.ppcf.org
What is the mission statement of Pikes Peak Real Estate Foundation?
The Pikes Peak Real Estate Foundation's mission is centered around preserving and safeguarding historic and charitable real estate properties. It strives to assist philanthropists in utilizing real estate to generate community capital. The foundation has successfully preserved several historical and charitable properties in the Pikes Peak region.
Official website here: www.ppcf.org
Who is the CEO of Pikes Peak Real Estate Foundation?
Samuel Clark is the Chief Executive Officer Thru 5/22 of Pikes Peak Real Estate Foundation. The CEO's salary of Pikes Peak Real Estate Foundation is $0 and their total compensation is $237,906.
Official website here: www.ppcf.org
What is the revenue of Pikes Peak Real Estate Foundation?
Pikes Peak Real Estate Foundation's revenue in 2022 was $831,858.
Official website here: www.ppcf.org
Who are the executives of Pikes Peak Real Estate Foundation and what are their salaries?
The average compensation at Pikes Peak Real Estate Foundation during 2022 was $97,338. There are 2 employees and 10 volunteers at Pikes Peak Real Estate Foundation.
Here are 13 key members and their salaries (Pikes Peak Real Estate Foundation's CEO's salary is $0 and their total compensation is $237,906):
- Compensation: $0
- Related: $173,673
- Other: $64,233
- Compensation: $0
- Related: $139,635
- Other: $37,488
- Compensation: $139,353
- Related: $0
- Other: $8,885
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ppcf.org
Where can I find the form 990 for Pikes Peak Real Estate Foundation?
Pikes Peak Real Estate Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ppcf.org
Learn more at the official website: www.ppcf.org
Mission Statement of Pikes Peak Real Estate Foundation
The Pikes Peak Real Estate Foundation, a notable nonprofit entity, is dedicated to preserving and protecting historic and charitable real estate properties. This organization's mission lies in aiding philanthropists in utilizing real estate to create community capital. By preserving several historical and charitable properties in the Pikes Peak region, the foundation plays a significant role in safeguarding the area's heritage and promoting community development through real estate. By helping philanthropists channel their resources, the Pikes Peak Real Estate Foundation contributes to the enhancement of the community's social and cultural fabric.
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Impact
October, 2024
Pikes Peak Real Estate Foundation plays a vital role in the preservation and protection of historic and charitable real estate properties within the Pikes Peak region. By focusing on safeguarding several significant historical sites, the foundation enhances the cultural landscape of Colorado Springs and ensures that the community's heritage is maintained for future generations. They empower philanthropists to leverage real estate as a means of generating community capital, fostering a sense of community engagement and investment. This approach not only honors the past but also cultivates opportunities for philanthropy to create lasting impact and value in the region.
This information is meant to be a general summary of Pikes Peak Real Estate Foundation. 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: -$16,762
- Program Service Revenue: $114,804
- Gross Receipts: $1,518,720
Assets and Liabilities:
- Total Assets: $10,944,867
- Total Liabilities: $123,022
- Net Assets: $10,821,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$106,274
PROGRAM INCOME
Revenue
$4,630
INCOME FROM LEASING
Revenue
$3,900
Organization Details
Founding Year
2005
Phone
(719) 389-1251Principal Officer
Samuel Clark
Main Address
315 E PIKES PEAK AVENUE 120, COLORADO SPRINGS, CO, 80903
Website
www.ppcf.orgNTEE Category
Code: T30 - Philanthropy
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