Overview
What is Vincent Properties Inc?
Vincent Properties Inc, established in Rochester, New York, primarily focuses on acquiring and renovating real estate properties. The main purpose of these acquisitions is to lease them out to non-profit organizations, primarily those involved in the residential care, custody, and treatment of individuals with mental disabilities. They oversee the renovation and management of these properties, ensuring they are suitable for the designated organizations. By providing these essential services, Vincent Properties Inc plays a significant role in facilitating the operations of these non-profit entities, contributing to their mission of supporting individuals with mental disabilities.
Official website here: www.depaul.org
Is Vincent Properties Inc legitimate?
Vincent Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vincent 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: $131,244
For more financial information, click here
Official website here: www.depaul.org
What is the mission statement of Vincent Properties Inc?
Vincent Properties Inc's primary mission involves the acquisition and renovation of real estate, which is then leased to non-profit organizations primarily engaged in residential care, custody, and treatment for individuals with mental disabilities. The company's activities are aimed at supporting these affiliated organizations in their mission to provide care and treatment for this specific group of individuals. By purchasing, rehabilitating, and managing real property, Vincent Properties Inc contributes to the provision of suitable living environments for these individuals, thereby facilitating their overall well-being and care.
Official website here: www.depaul.org
Who is the CEO of Vincent Properties Inc?
Kelly Thompson is the President of Vincent Properties Inc.
Official website here: www.depaul.org
What is the revenue of Vincent Properties Inc?
Vincent Properties Inc's revenue in 2022 was $2,114,601.
Official website here: www.depaul.org
Who are the executives of Vincent Properties Inc and what are their salaries?
There 24 volunteers at Vincent Properties Inc.
Here are 26 key members and their salaries:
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Official website here: www.depaul.org
Where can I find the form 990 for Vincent Properties Inc?
Vincent Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.depaul.org
Learn more at the official website: www.depaul.org
Mission Statement of Vincent Properties Inc
Vincent Properties Inc, a organization, primarily focuses on procuring, refurbishing, and managing real estate properties. This is done with the intention of leasing these properties to not-for-profit organizations primarily engaged in the residential care, custody, and treatment of individuals with mental disabilities. By providing these organizations with suitable living spaces, Vincent Properties Inc contributes to the betterment of the mentally disabled community, enabling them to receive the necessary care and support they require. The company's mission is centered around the acquisition and renovation of properties, aiming to cater to the needs of these specialized organizations.
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Impact
October, 2024
Vincent Properties Inc significantly impacts the community by acquiring, rehabilitating, and managing real estate aimed at enhancing the living conditions for individuals with mental disabilities. By purchasing and leasing properties to affiliated organizations, they support residential care, custody, and treatment services tailored to this vulnerable population. Their efforts ensure that quality housing is available, contributing to a supportive environment that fosters stability and recovery. Operating primarily in Rochester, NY, Vincent Properties plays a crucial role in addressing the housing needs of those with mental health conditions, promoting inclusivity and better living standards within the community.
This information is meant to be a general summary of Vincent 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.
- Investment Income: $30
- Program Service Revenue: $2,114,571
- Gross Receipts: $2,114,601
Assets and Liabilities:
- Total Assets: $18,831,060
- Total Liabilities: $21,599,257
- Net Assets: -$2,768,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income - affiliates
Revenue
$2,114,571
Organization Details
Founding Year
2011
Phone
(585) 426-8000Principal Officer
Kelly Thompson
Main Address
1931 Buffalo Road, Rochester, NY, 14624
Website
www.depaul.orgNTEE Category
Code: L20 - Housing
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