Hispanic Multi-Purpose Service Center Title Holding Co Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223379425 ✦ Paterson, NJ ✦ Designated as a 501(c)(2)

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Overview

What is Hispanic Multi-Purpose Service Center Title Holding Co Inc?

Hispanic Multi-Purpose Service Center Title Holding Co Inc is a nonprofit organization that serves as the land and building's title holder for the Hispanic Multi-Purpose Service Center. Its primary role involves collecting rents from tenants and managing associated expenses. Furthermore, it also rents out office space as part of its programs, contributing to the center's overall operations. In essence, this organization plays a crucial role in maintaining the physical infrastructure and financial well-being of the Hispanic Multi-Purpose Service Center.

Is Hispanic Multi-Purpose Service Center Title Holding Co Inc legitimate?

Hispanic Multi-Purpose Service Center Title Holding Co Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Hispanic Multi-Purpose Service Center Title Holding Co 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

What is the mission statement of Hispanic Multi-Purpose Service Center Title Holding Co Inc?

The mission of Hispanic Multi-Purpose Service Center Title Holding Co Inc, in essence, is to manage the ownership of the land and buildings belonging to the Hispanic Multi-Purpose Service Center. Their primary responsibilities include collecting rents and covering associated expenses. Additionally, they rent out office space as part of their programs, contributing to the overall operation of the service center.

Who is the CEO of Hispanic Multi-Purpose Service Center Title Holding Co Inc?

Juan Santana is the Executive Director of Hispanic Multi-Purpose Service Center Title Holding Co Inc.

What is the revenue of Hispanic Multi-Purpose Service Center Title Holding Co Inc?

Hispanic Multi-Purpose Service Center Title Holding Co Inc's revenue in 2023 was $290,378.

Who are the executives of Hispanic Multi-Purpose Service Center Title Holding Co Inc and what are their salaries?


Here are 7 key members and their salaries:


Humberto Cuadrado (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Kramer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lourdes Cortez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesus Rodriguez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Guzman (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Burgos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Santana (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hispanic Multi-Purpose Service Center Title Holding Co Inc?

Hispanic Multi-Purpose Service Center Title Holding Co Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hispanic Multi-Purpose Service Center Title Holding Co Inc

Hispanic Multi-Purpose Service Center Title Holding Co Inc, in its mission, oversees the ownership of the land and buildings that house the Hispanic Multi-Purpose Service Center. This organization's primary responsibilities include collecting rents and managing associated expenses. Additionally, Hispanic Multi-Purpose Service Center Title Holding Co Inc also provides office space as part of its programs. By managing the property effectively, this nonprofit organization ensures the continuity and sustainability of the Hispanic Multi-Purpose Service Center, thereby serving the community it caters to.

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Impact




October, 2024

Hispanic Multi-Purpose Service Center Title Holding Co Inc plays a crucial role in supporting community development in Paterson, NJ. By holding the title to the Hispanic Multi-Purpose Service Center's land and buildings, the organization ensures that these vital facilities are maintained and accessible to the local community. It is instrumental in managing real estate operations, including collecting rents and covering associated expenses, which helps sustain the center's financial health.

Additionally, by renting out office space, the organization generates revenue that can be reinvested into community programs and services, enhancing opportunities for local residents. Overall, its activities contribute to community improvement by providing reliable spaces for various services, fostering economic stability, and supporting initiatives that benefit the Hispanic and broader communities in the area.




This information is meant to be a general summary of Hispanic Multi-Purpose Service Center Title Holding Co 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.

Revenue
$290,378 (2023)
Expenses
$493,884 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $352,785

Assets and Liabilities:

  • Total Assets: $871,890
  • Total Liabilities: $30,692
  • Net Assets: $841,198

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Organization Details

Founding Year

1998

Principal Officer

Juan Santana

Main Address

911 EAST 23RD STREET, PATERSON, NJ, 075131500

NTEE Category

Code: S47 - Community improvement

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