Overview
What is Steuben Community Properties Inc?
Steuben Community Properties Inc is a not-for-profit organization, headquartered in Bath, New York. Its primary mission is to acquire and maintain real estate, fixed assets, and equipment, primarily for the benefit of other nonprofit organizations that cater to the needs of individuals with disabilities. The organization leases out this property to other nonprofit corporations that provide services to the developmentally disabled, ensuring their functional requirements are met. As a registered holding company, Steuben Community Properties Inc plays a crucial role in enhancing the purposes of the Allegany-Steuben Counties Chapter, NYSARC, Inc. by managing its assets effectively.
Is Steuben Community Properties Inc legitimate?
Steuben Community Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steuben Community 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
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What is the mission statement of Steuben Community Properties Inc?
Steuben Community Properties Inc, as a registered not-for-profit holding company, is primarily focused on leasing property to organizations that offer services to individuals with developmental disabilities. The company, known as SCP, manages and maintains real estate, fixed assets, and equipment to support the service functions of the Allegany-Steuben Counties Chapter of NYSARC, Inc. SCP's assets are utilized to further the objectives of this chapter, ensuring that the properties cater to their functional needs. The company acquires, maintains, and disposes of properties as necessary to meet the evolving needs of the service provision.
What is the revenue of Steuben Community Properties Inc?
Steuben Community Properties Inc's revenue in 2023 was $420,763.
Who are the executives of Steuben Community Properties Inc and what are their salaries?
There 4 volunteers at Steuben Community Properties Inc.
Here are 6 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $158,318
- Other: $10,724
- Compensation: $0
- Related: $154,587
- Other: $23,256
Where can I find the form 990 for Steuben Community Properties Inc?
Steuben Community Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Steuben Community Properties Inc
Steuben Community Properties Inc, a registered not-for-profit holding company, is dedicated to supporting the service functions of Allegany-Steuben Counties Chapter, NYSARC, Inc. Their mission is twofold. Firstly, they secure and maintain title to real estate, related fixed assets, and equipment, ensuring these assets are utilized to meet the functional needs of the service provision by NYSARC, Inc. Secondly, Steuben Community Properties Inc is responsible for acquiring, maintaining, and disposing of properties as required. The primary objective of this organization is to enhance the purposes of Allegany-Steuben Counties Chapter, NYSARC, Inc., by utilizing its assets for this specific purpose.
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Impact
October, 2024
Steuben Community Properties Inc plays a crucial role in supporting the developmentally disabled community by leasing property to not-for-profit organizations that provide essential services. By acquiring and maintaining real estate and related assets, the organization ensures that these properties meet the functional needs of service provision. This allows supportive agencies, like Allegany-Steuben Counties Chapter of NYSARC, Inc., to focus on their mission of serving individuals with developmental disabilities without the burden of managing property ownership. The impact is significant, as it enhances the ability of local organizations to deliver critical services, improve quality of life for individuals in need, and foster community integration and support for people with disabilities in Bath, NY, and surrounding areas.
This information is meant to be a general summary of Steuben Community 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 2023.
- Investment Income: $2,390
- Program Service Revenue: $418,373
- Gross Receipts: $420,763
Assets and Liabilities:
- Total Assets: $3,928,180
- Total Liabilities: $2,684,373
- Net Assets: $1,243,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$439,575
OTHER REVENUE
Revenue
-$21,202
Organization Details
Founding Year
1976
Principal Officer
Michael Damiano
NTEE Category
Code: Z99J - Unknown
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