Overview
What is Community Property Inc?
Community Property Inc is a nonprofit organization that operates solely for the benefit of and in support of Incourage Community Foundation, a 501(C)(3) nonprofit organization. Located in Wisconsin Rapids, Wisconsin, Community Property Inc primarily acquires, accepts, holds, leases, manages, administers, and/or liquidates donations, bequests, and property for Incourage's benefit. Their primary mission is to contribute to the growth and betterment of the community by utilizing these resources in a strategic and orderly manner. Community Property Inc currently owns an office building at 478 and 480 East Grand Avenue, which it rents out in part to Incourage and in part to three local businesses.
Is Community Property Inc legitimate?
Community Property Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Property 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
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What is the mission statement of Community Property Inc?
Community Property Inc is primarily established to support InCourage Community Foundation Inc, a nonprofit organization dedicated to community philanthropy and development. The main function of Community Property Inc is to manage and distribute donations, bequests, and property for InCourage's benefit and purposes. It operates with a values-led, user-centered, and place-based approach, focusing on enhancing the community through philanthropic activities. The organization's primary role is to ensure the orderly management and disbursement of these resources to support InCourage's initiatives.
Who is the CEO of Community Property Inc?
Dale Bikowski is the Director/Chairman of Community Property Inc.
What is the revenue of Community Property Inc?
Community Property Inc's revenue in 2022 was $125,232.
Who are the executives of Community Property Inc and what are their salaries?
There 3 volunteers at Community Property Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $49,367
- Other: $22,540
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community Property Inc?
Community Property Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Property Inc
Community Property Inc is a nonprofit organization that operates exclusively for the benefit of Incourage Community Foundation, a values-led, user-centered, place-based philanthropic and community development organization. Its primary purpose is to acquire, accept, hold, lease, manage, administer, and/or liquidate donations, bequests, and property for the benefit and purposes of Incourage. In essence, Community Property Inc serves as a catalyst for community development by utilizing philanthropic contributions to support various projects and initiatives aligned with the mission of Incourage.
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Impact
October, 2024
Community Property Inc plays a critical role in enhancing community development in Wisconsin Rapids by strategically managing and utilizing properties to benefit the broader mission of the Incourage Community Foundation. By acquiring, holding, and leasing properties, the organization ensures that local resources are optimally used to foster a values-led, user-centered approach to philanthropy.
The property owned by Community Property Inc, including the office building at 478 and 480 East Grand Avenue, serves multiple purposes. It provides necessary office space for Incourage and supports local economic activity by renting to third-party businesses. This diverse use of property not only contributes to the foundation's operations but also stimulates the local economy by providing spaces for businesses to thrive.
Through its focused activities, Community Property Inc supports the continuity and effectiveness of the Incourage Community Foundation, enabling it to carry out its philanthropic activities. This, in turn, leads to a more vibrant and resilient community, as the initiatives driven by the foundation can effectively address local needs and improve overall quality of life.
By facilitating the management and administration of donations and bequests, Community Property Inc ensures that resources are efficiently allocated towards community improvement projects, helping to build a sustainable support system for local development efforts. The organization’s commitment to orderly property management and community-focused actions reinforces its integral position in fostering long-term positive impacts in the area.
This information is meant to be a general summary of Community Property 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.
- Program Service Revenue: $75,232
- Gross Receipts: $125,232
Assets and Liabilities:
- Total Assets: $2,685,636
- Total Liabilities: $2,632,725
- Net Assets: $52,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$75,232
Organization Details
Founding Year
2007
Phone
(715) 423-3863Principal Officer
Dale Bikowski
Main Address
478 EAST GRAND AVE 200, WISCONSIN RAPIDS, WI, 544944852
NTEE Category
Code: S11 - Community improvement
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