Overview
What is Crown Court Properties Ltd?
Crown Court Properties Ltd is a nonprofit organization situated in Mequon, Wisconsin, with a mission to preserve and provide affordable housing for low to moderate-income households. The organization acquires, rehabilitates, and maintains these properties to ensure they remain affordable, addressing the issue of conversion to market or physical deterioration. In addition to its housing initiatives, Crown Court Properties Ltd makes charitable contributions to other nonprofit organizations exempt under Section 501(c)(3) of the Internal Revenue Code, furthering its commitment to community support. With a small team of four employees, the organization carries out its mission to better the lives of those in need of affordable housing.
Official website here: www.crowncourtproperties.com
Is Crown Court Properties Ltd legitimate?
Crown Court Properties Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crown Court Properties Ltd 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: $137,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,827
For more financial information, click here
Official website here: www.crowncourtproperties.com
What is the mission statement of Crown Court Properties Ltd?
Crown Court Properties Ltd is committed to carrying out the purposes of Congregation Agudas Achim Chabad, Inc. However, its primary mission lies in acquiring, rehabilitating, and maintaining high-quality, affordable housing for low to moderate-income households. The company works diligently to preserve affordable housing that may be at risk of elimination due to conversion to market rates or physical deterioration. In addition, Crown Court Properties Ltd makes grants and distributions to other organizations exempt under Section 501(C)(3) of the Internal Revenue Code, contributing to the broader community.
Official website here: www.crowncourtproperties.com
Who is the CEO of Crown Court Properties Ltd?
Rabbi Mordechai Spalter is the President/Treasurer of Crown Court Properties Ltd.
Official website here: www.crowncourtproperties.com
What is the revenue of Crown Court Properties Ltd?
Crown Court Properties Ltd's revenue in 2022 was $3,617,730.
Official website here: www.crowncourtproperties.com
Who are the executives of Crown Court Properties Ltd and what are their salaries?
The average compensation at Crown Court Properties Ltd during 2022 was $42,900. There are 4 employees and 2 volunteers at Crown Court Properties Ltd.
Here are 5 key members and their salaries:
- Compensation: $15,000
- Related: $0
- Other: $118,588
- Compensation: $19,184
- Related: $0
- Other: $45,002
- Compensation: $0
- Related: $0
- Other: $28,132
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.crowncourtproperties.com
Where can I find the form 990 for Crown Court Properties Ltd?
Crown Court Properties Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crowncourtproperties.com
Learn more at the official website: www.crowncourtproperties.com
Mission Statement of Crown Court Properties Ltd
Crown Court Properties Ltd, a nonprofit organization, is committed to fulfilling the purposes of Congregation Agudas Achim Chabad, Inc. At its core, the mission of Crown Court Properties Ltd is to acquire, rehabilitate, and maintain quality, affordable housing units for low to moderate income households. This nonprofit organization plays a crucial role in preserving affordable housing that might otherwise be eliminated from the national affordable housing inventory due to conversion to market-rate housing or physical deterioration. Beyond this, Crown Court Properties Ltd also makes distributions and grants to other organizations that are exempt under Section 501(c)(3) of the Internal Revenue Code.
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Impact
October, 2024
Crown Court Properties Ltd plays a vital role in preserving affordable housing in the community. By acquiring properties at risk of conversion to market rates or physical deterioration, it ensures that low to moderate-income households have access to quality housing options. This organization actively rehabilitates these properties, maintaining them to a standard that supports the well-being of residents.
Additionally, Crown Court Properties Ltd contributes to the broader community by making grants and distributions to other organizations that support similar missions. This collaborative approach amplifies its impact, helping to safeguard and expand the availability of affordable housing. By focusing on these efforts, Crown Court Properties Ltd not only addresses the immediate housing needs but also contributes to the stability and sustainability of the community as a whole.
This information is meant to be a general summary of Crown Court Properties Ltd. 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: $65,627
- Program Service Revenue: $3,285,852
- Gross Receipts: $3,683,288
Assets and Liabilities:
- Total Assets: $22,402,102
- Total Liabilities: $15,774,902
- Net Assets: $6,627,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,112,389
DEVELOPMENT FEES
Revenue
$759,771
ADMINISTRATIVE FEES
Revenue
$212,963
INTEREST EXPENSE SUBSIDY
Revenue
$165,403
GUARANTY FEES
Revenue
$15,000
Organization Details
Founding Year
1999
Phone
(262) 242-7705Principal Officer
Rabbi Mordechai Spalter
Main Address
2233 W MEQUON RD, MEQUON, WI, 53092
Website
www.crowncourtproperties.comNTEE Category
Code: L22 - Housing
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