Overview
What is Community Law Center Real Estate Company?
Community Law Center Real Estate Company is a nonprofit organization situated in Cincinnati, Ohio, specifically at 215 9th Street. Their primary role is to manage a seven-story office building. The company's mission is to generate income from the property, cover its expenses, and subsequently remit the remaining funds to the Legal Aid Society of Cincinnati, another nonprofit organization. By doing so, Community Law Center Real Estate Company contributes to the Legal Aid Society's mission of providing legal assistance to those in need.
Official website here: www.lascinti.org
Is Community Law Center Real Estate Company legitimate?
Community Law Center Real Estate Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Community Law Center Real Estate Company 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.lascinti.org
What is the mission statement of Community Law Center Real Estate Company?
The Community Law Center Real Estate Company's mission is centered around holding title to a property and managing its income. The primary objective is to cover the expenses associated with the property and then forward the remaining net income to the Legal Aid Society of Cincinnati, a charitable organization. This financial contribution aids the Legal Aid Society in its mission to provide legal assistance to individuals who cannot afford it. By operating a seven-story office building, the Real Estate Company contributes to the overall mission of the Legal Aid Society, thereby contributing to the community at large.
Official website here: www.lascinti.org
Who is the CEO of Community Law Center Real Estate Company?
Mary Asbury is the President of Community Law Center Real Estate Company.
Official website here: www.lascinti.org
What is the revenue of Community Law Center Real Estate Company?
Community Law Center Real Estate Company's revenue in 2022 was $571,448.
Official website here: www.lascinti.org
Who are the executives of Community Law Center Real Estate Company and what are their salaries?
There 3 volunteers at Community Law Center Real Estate Company.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $207,900
- Other: $26,746
- Compensation: $0
- Related: $162,349
- Other: $32,919
Official website here: www.lascinti.org
Where can I find the form 990 for Community Law Center Real Estate Company?
Community Law Center Real Estate Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lascinti.org
Learn more at the official website: www.lascinti.org
Mission Statement of Community Law Center Real Estate Company
Community Law Center Real Estate Company's mission is centered around its role as a property holder. The primary objective of this organization is to maintain title to a seven-story office building. The income generated from this property is collected and used to cover any associated expenses. After deducting these costs, the remaining net income is transferred to the Legal Aid Society of Cincinnati, a recognized 501(c)(3) organization. This financial support enables the Legal Aid Society to continue its mission of providing legal aid services to individuals in need. In essence, Community Law Center Real Estate Company serves as a vital financial conduit, enabling the Legal Aid Society to carry out its crucial work.
In simpler terms, the Community Law Center Real Estate Company's mission can be understood as its commitment to managing a property and using the income from it to support the Legal Aid Society of Cincinnati. This non-profit organization, in turn, utilizes these funds to offer legal aid services to underprivileged individuals, ensuring that they have access to justice and legal representation. By fulfilling this role, Community Law Center Real Estate Company plays a significant part in contributing to the wider community's legal needs and promoting social justice.
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Impact
October, 2024
The Community Law Center Real Estate Company significantly impacts the Cincinnati community by effectively managing and operating a seven-floor office building that serves as a vital resource for legal aid services. By holding title to the property and overseeing its financial aspects, the organization ensures that resources are generated and directed back to the Legal Aid Society of Cincinnati. This collaboration enhances access to legal services for those in need, ultimately promoting community improvement and fostering greater economic stability within the region. The net income collected supports essential legal services, helping to address critical issues like housing, immigration, and family law. Overall, its operations play a pivotal role in enhancing the quality of life for many individuals and families in Cincinnati.
This information is meant to be a general summary of Community Law Center Real Estate Company. 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: -$21,820
- Program Service Revenue: $593,268
- Gross Receipts: $854,063
Assets and Liabilities:
- Total Assets: $3,299,756
- Total Liabilities: $842,450
- Net Assets: $2,457,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$593,268
Organization Details
Founding Year
1999
Phone
(513) 241-9400Principal Officer
Mary Asbury
Main Address
215 9th Street, Cincinnati, OH, 45202
Website
www.lascinti.orgNTEE Category
Code: S47 - Community improvement
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