Overview
What is Erc Properties Foundation?
The Erc Properties Foundation is a nonprofit organization situated in Chicago, Illinois, with an address at 3942 W North Ave. Its primary purpose is to support not-for-profit entities, notably Rincon Family Services, formerly known as El Rincon Community Clinic, a related affiliate. The foundation's mission involves maintaining and upkeeping buildings that house this organization, thereby contributing to their operations. The Erc Properties Foundation aims to provide essential infrastructure for these nonprofit entities, thereby furthering their respective causes.
Is Erc Properties Foundation legitimate?
Erc Properties Foundation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Erc Properties Foundation 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
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What is the mission statement of Erc Properties Foundation?
The Erc Properties Foundation's mission is centered around supporting not-for-profit entities. Specifically, it focuses on owning and operating property to aid Rincon Family Services, formerly known as El Rincon Community Clinic, a related affiliate. This foundation is dedicated to maintaining and upkeeping the buildings that house Rincon Family Services, a 501(c)(3) organization. The primary objective of Erc Properties Foundation is to provide a physical space for this not-for-profit organization to carry out its mission of serving the community.
Who is the CEO of Erc Properties Foundation?
Eddy Borrayo is the Treasurer of Erc Properties Foundation. The CEO's salary of Erc Properties Foundation is $0 and their total compensation is $0.
What is the revenue of Erc Properties Foundation?
Erc Properties Foundation's revenue in 2022 was $593,964.
Who are the executives of Erc Properties Foundation and what are their salaries?
Here are 4 key members and their salaries (Erc Properties Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Erc Properties Foundation?
Erc Properties Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Erc Properties Foundation
Erc Properties Foundation, a charitable organization, is dedicated to supporting non-profit entities, with a particular focus on Rincon Family Services, formerly known as El Rincon Community Clinic. The foundation's mission is to own and operate properties that cater to these organizations, providing them with functional spaces to carry out their humanitarian work. By maintaining and upkeeping these buildings, Erc Properties Foundation contributes to the smooth operation of Rincon Family Services, a 501(c)(3) organization, ensuring they can continue their vital work in the community. The foundation's role is essential in providing a conducive environment for these not-for-profit entities to thrive and make a positive impact in their respective fields.
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Impact
October, 2024
Erc Properties Foundation significantly enhances community resources by owning and operating properties that support nonprofit entities, specifically Rincon Family Services, formerly known as El Rincon Community Clinic. By maintaining and managing buildings that house essential services, the foundation plays a crucial role in ensuring that vital support systems are accessible to those in need.
This impact is evident in the provision of safe, functional spaces for healthcare and community assistance, which ultimately contributes to the overall well-being of individuals and families in the Chicago area. The foundation's commitment to community improvement fosters an environment where critical services can thrive, helping to uplift the lives of many in the community.
This information is meant to be a general summary of Erc Properties Foundation. 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.
- Program Service Revenue: $593,964
- Gross Receipts: $593,964
Assets and Liabilities:
- Total Assets: $3,602,931
- Total Liabilities: $2,639,770
- Net Assets: $963,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS TO AFFILIATE
Revenue
$593,964
Organization Details
Founding Year
2000
Phone
(773) 564-9070Principal Officer
Eddy Borrayo
Main Address
3942 W NORTH AVE, CHICAGO, IL, 60647
NTEE Category
Code: S47 - Community improvement
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