Overview
What is Hfpg Special Assets Inc?
Hfpg Special Assets Inc, based in Hartford, Connecticut, serves as a Type 1 Supporting Organization in alliance with the Hartford Foundation for Public Giving. Its primary objective is to accept non-marketable assets such as real estate, closely held business interests, and tangible personal property. To ensure legal compliance, the organization is registered with the Department of Consumer Protection's Public Charities Unit. Hfpg Special Assets Inc is exclusively dedicated to public charitable purposes, contributing to various philanthropic activities in the community.
Is Hfpg Special Assets Inc legitimate?
Hfpg Special Assets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hfpg Special Assets Inc submitted a form 990EZ, 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.
What is the mission statement of Hfpg Special Assets Inc?
Hfpg Special Assets Inc, functioning as a Type 1 Supporting Organization, is primarily dedicated to serving public charitable purposes. It specializes in accepting non-marketable assets, such as real estate, closely held business interests, and tangible personal property. HFPG operates with a mission to ensure legal compliance, being registered with the Department of Consumer Protection's Public Charities Unit. Its primary activity involves facilitating the transfer of these assets, contributing to the betterment of various charitable causes.
Who is the CEO of Hfpg Special Assets Inc?
Jay Williams is the President of Hfpg Special Assets Inc.
What is the revenue of Hfpg Special Assets Inc?
Hfpg Special Assets Inc's revenue in 2022 was $0.
Who are the executives of Hfpg Special Assets Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Hfpg Special Assets Inc?
Hfpg Special Assets Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Hfpg Special Assets Inc
Hfpg Special Assets Inc, functioning as a Type 1 Supporting Organization, is dedicated solely to charitable purposes and is affiliated with the Hartford Foundation for Public Giving. The organization's primary mission revolves around accepting non-marketable assets, such as real estate, closely held business interests, and tangible personal property. This mission is designed to serve the public interest, ensuring that these assets are put to good use for charitable purposes. To maintain legal compliance, Hfpg Special Assets Inc is registered with the Department of Consumer Protection's Public Charities Unit in Connecticut. The organization's activities are not limited by geographical boundaries and it operates beyond Hartford, CT.
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Impact
October, 2024
Hfpg Special Assets Inc plays a significant role in community improvement by facilitating the acceptance and management of non-marketable assets. This includes real estate, closely held business interests, and tangible personal property, which might otherwise be overlooked or remain underutilized. By converting these assets into charitable resources, the organization helps generate funding for public charitable purposes, ultimately benefiting the Hartford community and beyond.
Through its affiliation with the Hartford Foundation for Public Giving, Hfpg Special Assets Inc enhances the capacity to address local needs and support various initiatives that contribute to community welfare. Its focus on non-marketable assets allows for the diversification of funding sources, which can lead to innovative solutions for pressing social issues.
Moreover, the organization's commitment to legal compliance and transparency through registration with the Department of Consumer Protection reinforces its credibility. This encourages more individuals and businesses to consider philanthropic contributions, leading to a sustained impact on community improvement initiatives in Hartford and surrounding areas. Overall, Hfpg Special Assets Inc serves as a valuable conduit for transforming unused assets into meaningful community resources.
This information is meant to be a general summary of Hfpg Special Assets 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
Phone
(860) 548-1888Principal Officer
Jay Williams
Main Address
10 COLUMBUS BLVD 8TH FLOOR, HARTFORD, CT, 06106
NTEE Category
Code: S47 - Community improvement
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