Overview
What is Blanchet Catholic School Property Foundation?
Blanchet Catholic School Property Foundation is a nonprofit organization situated in Salem, Oregon, with an address at 4373 MARKET ST NE. This organization serves as a supporting entity for Blanchet Catholic School, identified by its EIN number 93-1171184. The Foundation owns a property and leases it to the school at a nominal rate. This strategic arrangement aids Blanchet Catholic School in its operations, contributing to its mission as a educational institution. The Foundation's role is crucial in supporting the school's activities, thereby benefiting the local community.
Is Blanchet Catholic School Property Foundation legitimate?
Blanchet Catholic School Property Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blanchet Catholic School Property 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.
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What is the mission statement of Blanchet Catholic School Property Foundation?
The Blanchet Catholic School Property Foundation serves as a supporting organization for Blanchet Catholic School, with an EIN of 93-1171184. Its primary mission is to own property and lease it to the school at a nominal rate. This arrangement allows the foundation to contribute to the educational needs of the school, thereby supporting its mission. The foundation does not have a publicly stated mission statement that goes beyond its role as a property owner and lessor. However, its actions demonstrate a commitment to supporting the educational goals of Blanchet Catholic School.
Who is the CEO of Blanchet Catholic School Property Foundation?
Lowell Smith is the Director of Blanchet Catholic School Property Foundation.
What is the revenue of Blanchet Catholic School Property Foundation?
Blanchet Catholic School Property Foundation's revenue in 2022 was $530.
Who are the executives of Blanchet Catholic School Property Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Blanchet Catholic School Property Foundation?
Blanchet Catholic School Property Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blanchet Catholic School Property Foundation
Blanchet Catholic School Property Foundation serves as a supporting organization for Blanchet Catholic School, with a primary mission to own property and lease it to the school at a nominal rate. This nonprofit entity plays a crucial role in ensuring the continuity and stability of Blanchet Catholic School's operations by providing it with a physical space to operate. By doing so, the Blanchet Catholic School Property Foundation contributes significantly to the educational mission of Blanchet Catholic School, enabling it to provide quality education to its students.
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Impact
October, 2024
Blanchet Catholic School Property Foundation plays a crucial role in the educational landscape of Salem, Oregon, by providing essential support to Blanchet Catholic School. By owning the property and leasing it to the school at a nominal rate, the foundation significantly reduces operational costs for the institution, allowing for more resources to be directed towards educational programs and student services. This arrangement fosters a stable learning environment for students and ensures the continued growth and success of the school. Through its mission, the foundation enhances the overall educational experience and accessibility for the community, demonstrating a commitment to nurturing future generations.
This information is meant to be a general summary of Blanchet Catholic School Property 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.
- Gross Receipts: $530
Assets and Liabilities:
- Total Assets: $9,446,291
- Total Liabilities: $0
- Net Assets: $9,446,291
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Organization Details
Founding Year
2005
Phone
(503) 391-2639Principal Officer
Lowell Smith
Main Address
4373 MARKET ST NE, SALEM, OR, 97301
NTEE Category
Code: B112 - Education
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