Overview
What is Easton Community Corporation?
Easton Community Corporation is a nonprofit organization that serves as a financial backbone for 14 other tax-exempt entities. It achieves this by redistributing a significant portion of its earnings in the form of dividends to these affiliated organizations. This financial support likely enables these entities to carry out their respective missions and serve their communities effectively. The specific activities and missions of the supported organizations are not provided in the information, but the Easton Community Corporation's role is to facilitate their operations through financial assistance.
Is Easton Community Corporation legitimate?
Easton Community Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Easton Community Corporation 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 Easton Community Corporation?
The Easton Community Corporation serves a unique role in supporting various tax-exempt non-profit entities. Its primary activity involves distributing a substantial portion of its net income, typically through dividend payments, to these 14 entities. This organization's mission is centered around strengthening and empowering these non-profit organizations, contributing to their collective efforts and causes. By doing so, the Easton Community Corporation indirectly contributes to the betterment of various communities and initiatives that these entities serve. It's important to note that the specific focus or mission of each supported entity may differ from the Easton Community Corporation's primary role.
Who is the CEO of Easton Community Corporation?
Henry Ames is the Assisstant Treasurer of Easton Community Corporation.
What is the revenue of Easton Community Corporation?
Easton Community Corporation's revenue in 2022 was $562,133.
Who are the executives of Easton Community Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $20,400
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Easton Community Corporation?
Easton Community Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Easton Community Corporation
Easton Community Corporation serves as a supporting entity, channeling a significant portion of its earnings to 14 tax-exempt non-profit organizations. Its primary mission is to distribute nearly all of its net income through the payment of dividends to these affiliated non-profits. By doing so, Easton Community Corporation plays a crucial role in bolstering these organizations' operational capacities and furthering their respective causes. This financial backing allows these non-profits to continue their work in various sectors, serving the community and addressing a wide range of societal needs.
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Impact
October, 2024
Easton Community Corporation significantly enhances the social fabric of South Hamilton, MA, by supporting 14 tax-exempt non-profit entities in the area. Through the distribution of nearly all its net income, the organization provides vital financial assistance to these entities, ensuring they can continue their essential services and community initiatives.
The impact of this support is far-reaching. By enabling these non-profit organizations to thrive, Easton Community Corporation contributes to improved community wellbeing and sustainability. This collaboration fosters a network of services that address various local needs, promoting community improvement and resilience.
Ultimately, Easton Community Corporation plays a pivotal role in bolstering the capacity of these non-profits, empowering them to make a lasting difference in the lives of individuals and families throughout the region.
This information is meant to be a general summary of Easton Community Corporation. 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: $562,133
- Gross Receipts: $562,133
Assets and Liabilities:
- Total Assets: $27,709,713
- Total Liabilities: $0
- Net Assets: $27,709,713
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Organization Details
Founding Year
1974
Phone
(617) 834-1588Principal Officer
Henry Ames
Main Address
288 Essex Street, South Hamilton, MA, 01982
NTEE Category
Code: S47 - Community improvement
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