Overview
What is Warc Properties Inc?
Warc Properties Inc is a not-for-profit organization established to acquire and mortgage property for lease to its affiliated charitable organizations. Based in Hawthorne, New York, its primary mission is to support organizations providing services for individuals with intellectual or developmental disabilities. These services include residential facilities, day programs, employment programs, educational programs, or other programs aimed at enhancing the lives of those affected. Warc Properties leases its properties at no profit, contributing to the charitable work of its affiliates, thereby extending its support and resources to various programs designed for individuals with intellectual or developmental disabilities.
Official website here: www.westchesterarc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Warc Properties Inc has achieved an impressive Four-Star rating, reflecting a strong commitment to accountability and financial transparency. The organization scored 97% overall, with its score based entirely on the Accountability & Finance beacon. This indicates a solid financial standing, with a program expense ratio of 99.75%, ensuring that the vast majority of funds are directed towards its mission-related activities.
The organization boasts a fully independent board, with 80% of its members meeting this criterion. This independent governance structure is supportive of sound decision-making and oversight. Furthermore, there are no reported issues concerning the diversion of assets, and various important policies, including conflict of interest and whistleblower protections, are in place and publicly available.
However, while the financial metrics are exemplary, the summary does not provide insights into the organization's overall impact or program effectiveness, which are critical for understanding its broader contributions to the community. As such, prospective donors may wish to seek additional information on the specific programs and outcomes to gauge the overall effectiveness of Warc Properties Inc's initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Warc Properties Inc?
90% of 55 reviewers on Facebook recommend Warc Properties Inc. Here is a summary of their reviews:
Many patrons express high satisfaction with the organization's services, noting the positive impact on those they serve. The staff is frequently described as compassionate and dedicated, creating a nurturing environment that contributes significantly to the happiness of participants.
Overall, there is a strong sentiment of appreciation for the nonprofit's efforts in aiding individuals, with specific mentions of the personal happiness and well-being of clients. Warc Properties Inc. appears to genuinely fulfill its mission and meet the needs of those involved.
This AI summary has been generated from reviews found on Facebook.
Is Warc Properties Inc legitimate?
Warc Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warc 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
Official website here: www.westchesterarc.org
What is the mission statement of Warc Properties Inc?
Warc Properties Inc, a not-for-profit organization, is established with the primary purpose of acquiring and mortgaging property. This property is then leased out at no profit to affiliates of the organization. The corporation operates with a charitable objective, aiming to provide both real and personal property for lease, at no profit, to not-for-profit corporations. These corporations, in turn, offer residential facilities, day programs, employment programs, educational programs, or other services for individuals with intellectual or developmental disabilities. The mission of Warc Properties Inc is to support these charitable organizations in providing essential services to individuals with special needs.
Official website here: www.westchesterarc.org
Who is the CEO of Warc Properties Inc?
Tibisay Guzman is the President of Warc Properties Inc.
Official website here: www.westchesterarc.org
What is the revenue of Warc Properties Inc?
Warc Properties Inc's revenue in 2022 was $62,821.
Official website here: www.westchesterarc.org
Who are the executives of Warc Properties Inc and what are their salaries?
There 4 volunteers at Warc Properties Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $309,183
- Other: $64,348
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.westchesterarc.org
Where can I find the form 990 for Warc Properties Inc?
Warc Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westchesterarc.org
Learn more at the official website: www.westchesterarc.org
Mission Statement of Warc Properties Inc
Warc Properties Inc, a not-for-profit organization, is established with a unique mission. Its primary purpose is to acquire and mortgage property, which is then leased out at no profit to affiliates of the organization. This mission is driven by the corporation's charitable objectives. Warc Properties Inc is organized and operated exclusively for charitable purposes, aimed at providing both real and personal property for lease to not-for-profit corporations. These corporations, in turn, offer a variety of services to individuals with intellectual or developmental disabilities. The services provided by these corporations range from residential facilities to day programs, employment programs, educational programs, and other programs designed to support and empower these individuals. Warc Properties Inc, through its mission, plays a crucial role in facilitating the provision of essential services to those in need, contributing to their overall well-being and quality of life.
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Impact
August, 2024
Warc Properties Inc's impact is focused on providing both real and personal property to be leased at no profit to nonprofit corporations that offer services for individuals with intellectual or developmental disabilities. By leasing properties to these organizations, Warc Properties Inc directly contributes to the improvement of the community by supporting the provision of essential services and programs for vulnerable populations. Through its charitable mission, Warc Properties Inc plays a crucial role in facilitating the operations of affiliated nonprofit organizations, ultimately making a positive difference in the lives of individuals with disabilities.
This information is meant to be a general summary of Warc 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: $10,720
- Program Service Revenue: $52,101
- Gross Receipts: $62,821
Assets and Liabilities:
- Total Assets: $2,247,166
- Total Liabilities: $0
- Net Assets: $2,247,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$52,101
Organization Details
Founding Year
1974
Phone
(914) 495-4623Principal Officer
Tibisay Guzman
Main Address
265 SAW MILL RIVER ROAD, HAWTHORNE, NY, 10532
Website
www.westchesterarc.orgNTEE Category
Code: S47Z - Community improvement
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