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Newcourtland Properties

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264194368 ✦ Philadelphia, PA ✦ Designated as a 501(c)(2)

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Overview

What is Newcourtland Properties?

Newcourtland Properties is a title-holding company based in Philadelphia, Pennsylvania, primarily serving an affiliated non-profit organization. Their primary role involves owning and managing real estate properties, specifically a senior day center and housing facilities for veterans who were previously homeless. This organization contributes significantly to the community by providing essential services and a supportive environment for these vulnerable populations.


Official website here: www.newcourtland.org

Is Newcourtland Properties legitimate?

Newcourtland Properties is a legitimate nonprofit organization registered as a 501(c)(2) entity. Newcourtland Properties 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: $56,197

For more financial information, click here


Official website here: www.newcourtland.org

What is the mission statement of Newcourtland Properties?

Newcourtland Properties serves as a title-holding company for an affiliated non-profit organization, overseeing real estate that is utilized for a senior day center and transitional housing for formerly homeless veterans. The company's mission is primarily focused on providing essential facilities for these two groups. The senior day center offers a supportive environment for seniors, while the veteran's housing aims to provide a second chance for those who have faced homelessness. Newcourtland Properties plays a crucial role in ensuring these vital resources are available to those who need them.


Official website here: www.newcourtland.org

Who is the CEO of Newcourtland Properties?

Joseph Duffey is the Member of Newcourtland Properties.


Official website here: www.newcourtland.org

What is the revenue of Newcourtland Properties?

Newcourtland Properties's revenue in 2022 was $371,364.


Official website here: www.newcourtland.org

Who are the executives of Newcourtland Properties and what are their salaries?


Here are 8 key members and their salaries:


Andrew Seibert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Naylor (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcgrath (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Duffey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Demarco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Kent (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Funaro (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ungard (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcourtland.org

Where can I find the form 990 for Newcourtland Properties?

Newcourtland Properties's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newcourtland.org

Learn more at the official website: www.newcourtland.org

Mission Statement of Newcourtland Properties

Newcourtland Properties, serving as a title-holding company, is dedicated to managing real estate for a non-profit organization. Its mission is twofold: it oversees a senior day center, providing a safe and engaging environment for the elderly, and houses formerly homeless veterans. By doing so, Newcourtland Properties contributes to the well-being of these two vulnerable groups, offering them a sense of community and stability. The company's role as a title-holder allows it to maintain and operate these properties, ensuring they remain functional and beneficial for their intended residents.

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Impact




October, 2024

Newcourtland Properties plays a vital role in enhancing the quality of life for specific populations in Philadelphia, primarily by managing real estate that serves both seniors and formerly homeless veterans. By owning and operating facilities such as a senior day center, the organization provides essential resources and support for elderly individuals, promoting social engagement and access to services tailored to their needs.

Additionally, Newcourtland Properties addresses the housing crisis faced by homeless veterans by offering stable and supportive living environments. This initiative not only helps to reduce homelessness but also fosters a sense of community and belonging for those who have served the country. Through its targeted real estate operations, Newcourtland Properties significantly contributes to the well-being and dignity of vulnerable populations in the region.




This information is meant to be a general summary of Newcourtland Properties. 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.

Revenue
$371,364 (2022)
Expenses
$657,399 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $371,364
  • Gross Receipts: $371,364

Assets and Liabilities:

  • Total Assets: $13,245,988
  • Total Liabilities: $14,952,461
  • Net Assets: -$1,706,473

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rent collected for Veteran's Housing

Revenue

$255,084

Rent collected from Senior Day Center

Revenue

$116,280

Organization Details

Founding Year

2009

Principal Officer

Joseph Duffey

Main Address

6970 Germantown Avenue, Philadelphia, PA, 19119

NTEE Category

Code: T30 - Philanthropy

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