Overview
What is Atrium House Inc?
Atrium House Inc, situated in Royersford, Pennsylvania, serves as a trustee for property, generating income from it, and subsequently transferring the entire sum, minus expenses, to an eligible charitable organization. The organization's primary role is to manage property and allocate its income, ultimately benefiting another nonprofit entity. This function ensures the proper utilization of resources for charitable purposes, contributing to the broader social welfare.
Is Atrium House Inc legitimate?
Atrium House Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Atrium House 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:
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What is the mission statement of Atrium House Inc?
Atrium House Inc's primary role is to manage property, generate income from it, and subsequently donate the entire net income, after deducting expenses, to a tax-exempt organization. This organization's mission, in essence, is to serve as a steward of property funds, channeling them towards the philanthropic endeavors of exempt organizations. This process aids these organizations in advancing their respective missions and contributing positively to various societal sectors.
Who is the CEO of Atrium House Inc?
Janice Jacobs is the President of Atrium House Inc.
What is the revenue of Atrium House Inc?
Atrium House Inc's revenue in 2022 was -$216,307.
Who are the executives of Atrium House Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Atrium House Inc?
Atrium House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Atrium House Inc
Atrium House Inc, as per its mission, holds title to property and collects income derived from it. This organization then proceeds to transfer the entire amount, after deducting expenses, to another exempt organization. This mission of Atrium House Inc can be seen as a means of channeling resources, primarily financial, towards other charitable organizations that share similar objectives and are exempt from taxation. By doing so, Atrium House Inc contributes to the broader cause of social welfare, leveraging its property holdings and income generation capabilities to support the work of its chosen beneficiaries.
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Impact
October, 2024
Atrium House Inc has a significant impact through its strategic approach to property management and income generation. By holding title to various properties, the organization actively collects rental income, which serves as a vital resource for supporting community initiatives. The funds collected are then directed to exempt organizations, effectively enhancing their capacity to operate and serve their respective communities.
Located in Royersford, PA, Atrium House Inc plays a crucial role in fostering community improvement. The rental income generated is reinvested into various programs, thereby supporting local development efforts and addressing specific needs within the community. This model not only optimizes the use of real estate assets but also ensures that financial resources are responsibly allocated to enhance the well-being of the community it serves. The impact of Atrium House Inc is reflected in its ability to mobilize resources, strengthen community organizations, and contribute to the overall development of the region.
This information is meant to be a general summary of Atrium House 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.
- Gross Receipts: $552,259
Assets and Liabilities:
- Total Assets: $3,877,034
- Total Liabilities: $4,970,665
- Net Assets: -$1,093,631
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Organization Details
Founding Year
1990
Phone
(610) 495-2200Principal Officer
Janice Jacobs
Main Address
PO BOX 255, ROYERSFORD, PA, 194680255
NTEE Category
Code: S47 - Community improvement
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