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Independent Living Properties Inc

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

EIN: 272566167 ✦ Gretna, LA ✦ Designated as a 501(c)(2)

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Overview

What is Independent Living Properties Inc?

Independent Living Properties Inc, situated in Gretna, Louisiana, serves as a property holding entity. Its primary objective is to manage properties and collect rents, with the excess revenue, after deducting expenses, being donated to Gulf Coast Teaching Family Services, Inc., a 501(C)(3) nonprofit organization. This partnership allows Independent Living Properties Inc to support the mission of Gulf Coast Teaching Family Services, contributing to their initiatives and bettering the community as a whole.


Official website here: www.none

Is Independent Living Properties Inc legitimate?

Independent Living Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Independent Living 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

For more financial information, click here


Official website here: www.none

What is the mission statement of Independent Living Properties Inc?

Independent Living Properties Inc's mission is centered around managing properties and collecting rents. The primary objective is to generate excess revenue after covering expenses, which is then forwarded to Gulf Coast Teaching Family Services Inc., a 501(c)(3) organization. This financial support aids in furthering the mission of the non-profit organization. In essence, Independent Living Properties Inc. serves as a financial facilitator, contributing to the larger cause of Gulf Coast Teaching Family Services Inc.


Official website here: www.none

Who is the CEO of Independent Living Properties Inc?

Jeff Kurtz is the Treasurer of Independent Living Properties Inc.


Official website here: www.none

What is the revenue of Independent Living Properties Inc?

Independent Living Properties Inc's revenue in 2022 was $317,700.


Official website here: www.none

Who are the executives of Independent Living Properties Inc and what are their salaries?

There 3 volunteers at Independent Living Properties Inc.


Here are 3 key members and their salaries:


Jeff Kurtz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Alexander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Melancon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Independent Living Properties Inc?

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


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Independent Living Properties Inc

Independent Living Properties Inc, as a nonprofit organization, is dedicated to holding title to property and collecting rents. The primary objective of this organization is to channel any excess revenue, after deducting expenses, to Gulf Coast Teaching Family Services Inc., a recognized 501(c)(3) organization. By managing properties and collecting rents, Independent Living Properties Inc. supports the mission of Gulf Coast Teaching Family Services Inc., which focuses on providing various services to families and children in need. This partnership between the two organizations allows for the effective use of resources, ultimately contributing to the betterment of the community.

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Impact




October, 2024

Independent Living Properties Inc plays a crucial role in supporting community advancement through its property management activities. By holding title to various properties and effectively collecting rents, the organization generates vital revenue that is channeled to Gulf Coast Teaching Family Services, Inc. This financial contribution helps fund programs and services aimed at improving the lives of individuals and families in need.

The organization's commitment to maintaining its properties ensures that residents have access to safe and sustainable housing, fostering a stable environment conducive to personal growth and development. In doing so, Independent Living Properties Inc not only enhances the quality of life for its tenants but also strengthens the overall community fabric in Gretna, Louisiana.

Through its operations, Independent Living Properties Inc exemplifies community improvement by addressing housing needs and supporting educational and social services. This collaborative approach ultimately contributes to a brighter future for the individuals and families served by Gulf Coast Teaching Family Services, reinforcing the fundamental mission of enhancing lives and building stronger communities.




This information is meant to be a general summary of Independent Living 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.

Revenue
$317,700 (2022)
Expenses
$219,086 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $317,700

Assets and Liabilities:

  • Total Assets: $4,063,225
  • Total Liabilities: $2,437,061
  • Net Assets: $1,626,164

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Organization Details

Founding Year

2010

Principal Officer

Jeff Kurtz

Main Address

401 WHITNEY AVE, GRETNA, LA, 70056

Website

www.none

NTEE Category

Code: S47 - Community improvement

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