Overview
What is Ebec Holdings?
Ebec Holdings is a nonprofit entity, headquartered in Warren, Rhode Island, primarily focused on managing real estate properties. Its mission is to lease and hold title to these properties, serving as a beneficial arm for its parent corporation, the East Bay Educational Collaborative (EBEC). By overseeing these properties, Ebec Holdings contributes to the broader objectives of its affiliated organization.
Is Ebec Holdings legitimate?
Ebec Holdings is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ebec Holdings 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 Ebec Holdings?
Ebec Holdings' mission is centered around managing rental real estate. Specifically, the company holds the title and leases out properties, serving the benefit of its parent corporation, East Bay Educational Collaborative (EBEC). This mission is aimed at generating revenue and resources for the parent corporation. Ebec Holdings does not have a direct impact on individuals or communities, but its role in real estate management is essential for the overall operations of EBEC. The company's mission is to maintain and manage its rental properties efficiently, ensuring a steady income stream for the parent corporation.
Who is the CEO of Ebec Holdings?
Donna Ottaviano is the Director of Ebec Holdings.
What is the revenue of Ebec Holdings?
Ebec Holdings's revenue in 2022 was $168,000.
Who are the executives of Ebec Holdings and what are their salaries?
Here are 10 key members and their salaries:
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- Other: $22,310
Where can I find the form 990 for Ebec Holdings?
Ebec Holdings's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ebec Holdings
Ebec Holdings, as a holding company, is dedicated to managing and leasing rental real estate properties, serving as a beneficial entity for its parent corporation, East Bay. The organization's primary purpose is to oversee the title and leasing operations of these real estate properties, thereby contributing to the overall success of its affiliated organization, East Bay Educational Collaborative (EBEC). By managing these properties effectively, Ebec Holdings plays a crucial role in supporting the broader mission of its parent corporation.
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Impact
October, 2024
Ebec Holdings plays a significant role in supporting the East Bay Educational Collaborative (EBEC) by managing real estate assets that benefit its parent organization. By holding title and leasing rental properties, Ebec Holdings ensures that the operational needs of EBEC are met, contributing to the overall mission of enhancing educational services in the East Bay area. This strategic management of real estate resources not only provides financial stability but also facilitates community improvement initiatives that directly impact the quality of education and resources available to local residents. Through its activities, Ebec Holdings underscores its commitment to fostering an environment where educational collaboration can thrive, ultimately benefiting the broader community it serves.
This information is meant to be a general summary of Ebec Holdings. 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.
- Program Service Revenue: $168,000
- Gross Receipts: $168,000
Assets and Liabilities:
- Total Assets: $2,288,137
- Total Liabilities: $2,818,393
- Net Assets: -$530,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$168,000
Organization Details
Founding Year
2006
Phone
(401) 245-4998Principal Officer
Donna Ottaviano
Main Address
317 MARKET STREET, WARREN, RI, 02885
NTEE Category
Code: S47 - Community improvement
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