Overview
What is Ponce Plaza Properties Inc?
Ponce Plaza Properties Inc is a nonprofit organization situated in East Brunswick, New Jersey, specifically at 4 Franklin Court. Its primary function involves renting a skilled nursing facility to Ponce Plaza, Inc., a related 501(c)(3) organization. This partnership aids in supporting the mission of the affiliated entity. Although the exact nature of the mission is not specified in the information, it is implied that Ponce Plaza Properties Inc plays a role in furthering its related organization's tax-exempt purpose. The organization's operations ceased on December 12, 2022, but this does not deter from its historical role in supporting its affiliated entity.
Is Ponce Plaza Properties Inc legitimate?
Ponce Plaza Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ponce Plaza 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
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What is the mission statement of Ponce Plaza Properties Inc?
Ponce Plaza Properties Inc's primary role was to rent a skilled nursing facility to Ponce Plaza, Inc., a related 501(c)(3) organization. The objective of this rental was to aid the affiliated entity in fulfilling its tax-exempt purpose. Until December 12, 2022, Ponce Plaza Properties Inc continued its operations. However, it is important to note that the provided information does not contain details about the specific mission or objectives of Ponce Plaza Properties Inc beyond its support of the related organization.
Who is the CEO of Ponce Plaza Properties Inc?
Harry Fruhman is the CEO of Ponce Plaza Properties Inc The CEO's salary of Ponce Plaza Properties Inc is $0 and their total compensation is $285,022.
What is the revenue of Ponce Plaza Properties Inc?
Ponce Plaza Properties Inc's revenue in 2022 was $0.
Who are the executives of Ponce Plaza Properties Inc and what are their salaries?
Here are 7 key members and their salaries (Ponce Plaza Properties Inc's CEO's salary is $0 and their total compensation is $285,022):
- Compensation: $0
- Related: $285,022
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $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 Ponce Plaza Properties Inc?
Ponce Plaza Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ponce Plaza Properties Inc
Ponce Plaza Properties Inc, as a organization, primarily functioned by renting a skilled nursing facility to a related 501(c)(3) entity named Ponce Plaza, Inc. This rental arrangement served to support Ponce Plaza, Inc.'s broader mission. The specific purpose of this collaboration was to aid Ponce Plaza, Inc. in achieving its tax-exempt status. However, as of December 12, 2022, Ponce Plaza Properties Inc. ceased its operations, bringing an end to this unique partnership.
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Impact
October, 2024
Ponce Plaza Properties Inc played a significant role in the healthcare landscape by renting a skilled nursing facility to Ponce Plaza, Inc., directly supporting the mission of providing care to individuals in need. Through this arrangement, it contributed to the availability of assisted living services, enhancing access to essential care in the community.
By facilitating the operation of a nursing facility, Ponce Plaza Properties Inc helped ensure that Ponce Plaza, Inc. could fulfill its objectives effectively. This partnership aimed to provide a supportive environment conducive to the well-being of residents, promoting health and quality of life. The organization's activities were particularly impactful until its operations concluded in December 2022, marking a transitional period for the services previously offered. Overall, Ponce Plaza Properties Inc's impact was largely centered around fostering healthcare accessibility and supporting related organizational missions within the community.
This information is meant to be a general summary of Ponce Plaza 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2009
Principal Officer
Harry Fruhman
NTEE Category
Code: L112 - Housing
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