Overview
What is Ersa?
Ersa serves as a holding company, primarily involved in real estate ventures. It leases properties to its affiliated entities and also manages programs such as Erepa Grotto and Erie, PA 501(c)(8). Based in Erie, Pennsylvania, Ersa expands its operations beyond real estate, engaging in these additional programs that cater to specific needs within the community.
Is Ersa legitimate?
Ersa is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ersa 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 Ersa?
Ersa, functioning as a holding company, primarily focuses on real estate. It leases properties to its affiliated entities. Beyond its real estate ventures, Ersa is also involved in running programs, such as erepa grotto and one located in Erie, Pennsylvania, under the 501(c)(8) classification. These programs likely serve community or social purposes. Ersa's activities extend beyond mere property management, demonstrating a diverse portfolio of operations.
Who is the CEO of Ersa?
Charles Reichard is the President of Ersa.
What is the revenue of Ersa?
Ersa's revenue in 2022 was $25,770.
Who are the executives of Ersa and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ersa?
Ersa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ersa
Ersa, as a holding company, is primarily focused on real estate. It leverages this sector to provide properties for its affiliated entities. Beyond its real estate ventures, Ersa is also engaged in running programs such as erepa grotto and Erie, PA 501(c)(8). These initiatives serve diverse purposes, contributing to the organization's multifaceted role in the community.
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Impact
October, 2024
Ersa plays a significant role in the real estate landscape of Erie, PA, by effectively managing and renting properties to its affiliates, fostering a network of business relationships that enhance the local economy. Its operations ensure that affiliates have access to the spaces they need to thrive, promoting collaboration and growth within the community.
In addition to property management, Ersa contributes to the local culture and community engagement through programs like erepa grotto. These initiatives not only enrich the lives of residents but also create opportunities for social interaction and support among community members.
By focusing on real estate and community-centered programs, Ersa's impact extends beyond mere property management to encompass economic development and community resilience, positioning it as a vital player in Erie’s sustainable growth.
This information is meant to be a general summary of Ersa. 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.
- Program Service Revenue: $25,770
- Gross Receipts: $25,770
Assets and Liabilities:
- Total Assets: $87,485
- Total Liabilities: $0
- Net Assets: $87,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$25,770
Organization Details
Founding Year
1952
Phone
(814) 868-6998Principal Officer
Charles Reichard
Main Address
3828 WASHINGTON AVENUE, ERIE, PA, 16509
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