Overview
What is Endependence Properties Inc?
Endependence Properties Inc is a nonprofit organization, registered as a corporation under Section 501(c)3, dedicated to supporting other charitable organizations in fulfilling their missions. Specifically, they assist by acquiring and providing real estate essential for carrying out their purposes and functions. This real estate could include buildings, land, or other properties necessary for the operation of their charitable activities. The organization's role is crucial in enabling other nonprofits to effectively serve their respective communities and fulfill their missions.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Endependence Properties Inc has demonstrated a strong commitment to accountability and finance, as evidenced by its 87% score on Charity Navigator. This high rating reflects the organization's effective management of resources, with a complete 100% in program expenses, indicating that all funds are directed toward its mission. The organization's governance structure is robust, with an entirely independent board, which speaks to its transparency and commitment to ethical practices.
The strengths highlighted in the evaluation include a solid conflict of interest policy and comprehensive documentation practices, contributing to the high scores in governance. Furthermore, Endependence Properties Inc shows a healthy liabilities to assets ratio, meaning it manages its financial obligations well. These features reinforce the organization's reliability and trustworthiness as a nonprofit entity.
While the rating is commendable, the emphasis on financial accountability alone may not provide a complete picture of the organization's overall impact on the community it serves. Potential donors and stakeholders may want to seek additional information regarding the organization's specific programs and outcomes to better understand its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Endependence Properties Inc legitimate?
Endependence Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endependence 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
For more financial information, click here
What is the mission statement of Endependence Properties Inc?
Endependence Properties Inc assists a charitable organization, qualified under Section 501(C) 3, in fulfilling its duties by obtaining and providing necessary real estate to carry out its purpose and function. In other words, the organization helps secure property to enable the charitable corporation to carry out its mission effectively. Its mission is centered around supporting the charitable organization to perform its duties efficiently and achieve its goals.
Who is the CEO of Endependence Properties Inc?
Nichole Davis is the Secretary of Endependence Properties Inc.
What is the revenue of Endependence Properties Inc?
Endependence Properties Inc's revenue in 2022 was $166,669.
Who are the executives of Endependence Properties Inc and what are their salaries?
There 4 volunteers at Endependence Properties Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Endependence Properties Inc?
Endependence Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Endependence Properties Inc
Endependence Properties Inc, a non-profit organization qualifying under section 501(c)3, is dedicated to supporting its mission by obtaining and providing necessary real property to carry out its purpose and function. In simpler terms, this organization assists in securing properties that enable it to fulfill its duties effectively. By doing so, it can carry out its work more efficiently, aiming to make a meaningful impact in its field.
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Impact
June, 2024
Endependence Properties Inc plays a crucial role in supporting corporations qualified under section 501(c)3 by obtaining and providing real property necessary for them to carry out their purpose and function. This assistance enables these organizations to focus on their missions and better serve their communities. In the specific context of mental health, Endependence Properties Inc's impact can be seen in its support of organizations working in this field to secure the facilities they need to provide essential services and support to individuals in need. By helping these mental health-focused organizations access suitable real estate, Endependence Properties Inc ultimately contributes to improving mental health outcomes and well-being in the communities they serve.
This information is meant to be a general summary of Endependence 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 2022.
- Investment Income: $252
- Gross Receipts: $288,000
Assets and Liabilities:
- Total Assets: $675,871
- Total Liabilities: $219,771
- Net Assets: $456,100
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Organization Details
Founding Year
2003
Phone
(757) 461-8007Principal Officer
Nichole Davis
Main Address
6300 EAST VIRGINIA BEACH BLVD, NORFOLK, VA, 23502
NTEE Category
Code: F11 - Mental health
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