Overview
What is Newmarket Project Inc?
Newmarket Project Inc is a nonprofit organization situated in Canton, Ohio, with an address at 400 Market Avenue N, Suite 200. The primary focus of this organization is to contribute to the rehabilitation of Downtown Canton, Ohio, through activities such as purchasing, renting, and selling real property. This endeavor aims to revitalize the downtown area, enhancing its overall appeal and value. The organization's mission is deeply rooted in this objective, seeking to improve the downtown area's condition and potentially stimulate economic growth and development.
Is Newmarket Project Inc legitimate?
Newmarket Project Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Newmarket Project 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
What is the mission statement of Newmarket Project Inc?
The mission of Newmarket Project Inc. involves engaging in the purchase, rental, and sale of real property with the primary goal of enhancing the rehabilitation of downtown areas. This organization aims to contribute to the revitalization of urban spaces, potentially improving the overall infrastructure and livability of the areas. By acquiring, renting, and selling real estate, Newmarket Project Inc. seeks to facilitate the rehabilitation process, thereby promoting the growth and development of downtown communities. This mission may involve working with local authorities, businesses, and residents to create a more vibrant and appealing urban environment.
Who is the CEO of Newmarket Project Inc?
Nancy Varian is the President of Newmarket Project Inc.
What is the revenue of Newmarket Project Inc?
Newmarket Project Inc's revenue in 2022 was $395,466.
Who are the executives of Newmarket Project Inc and what are their salaries?
There 4 volunteers at Newmarket Project Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $169,742
- Other: $8,377
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Newmarket Project Inc?
Newmarket Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newmarket Project Inc
Newmarket Project Inc, as outlined in the provided information, is dedicated to engaging in the purchase, rental, and sale of real property with the primary goal of enhancing the rehabilitation of Downtown Canton, Ohio. By undertaking these real estate activities, the organization aims to contribute to the revitalization of the downtown area, ultimately promoting its overall development and improvement. The mission of Newmarket Project Inc is centered around utilizing its resources in the property market to foster a more vibrant and rejuvenated downtown environment.
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Impact
October, 2024
Newmarket Project Inc is dedicated to revitalizing downtown Canton, Ohio, through strategic real estate initiatives. By engaging in the purchase, rental, and sale of properties, the organization focuses on enhancing the area's rehabilitation. This work not only contributes to the physical landscape of downtown Canton but also aims to stimulate economic growth, attract new businesses, and foster a sense of community. The commitment to improving real estate in the area serves as a catalyst for community improvement, creating spaces that are conducive to both residential and commercial development, thereby enriching the overall quality of life for residents and visitors alike.
This information is meant to be a general summary of Newmarket Project 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: $395,416
- Gross Receipts: $395,466
Assets and Liabilities:
- Total Assets: $6,593,738
- Total Liabilities: $6,284,730
- Net Assets: $309,008
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Organization Details
Founding Year
1979
Phone
(330) 454-3426Principal Officer
Nancy Varian
Main Address
400 MARKET AVENUE N 200, CANTON, OH, 44702
NTEE Category
Code: S47 - Community improvement
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