Overview
What is Landmark Community Services Inc?
Landmark Community Services Inc, situated in Staunton, Illinois (specifically at 19678 White City Road), is a nonprofit organization that primarily engages in the rental of property to tax-exempt organizations, specifically those classified under 501(c)(3). By leasing its properties, Landmark Community Services Inc generates income, which it then transfers to these charitable organizations, retaining only the necessary expenses. This supportive role in the nonprofit sector allows Landmark Community Services Inc to contribute to various causes and initiatives within its community.
Is Landmark Community Services Inc legitimate?
Landmark Community Services Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Landmark Community Services 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
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What is the mission statement of Landmark Community Services Inc?
Landmark Community Services Inc's primary role is to provide rental properties to non-profit organizations, specifically those classified as 501(c)(3). This organization holds the title to the properties, collects income from them, and subsequently transfers the entire income, after deducting expenses, to these tax-exempt organizations. In essence, Landmark Community Services Inc serves as a facilitator, assisting non-profit organizations in securing property to carry out their mission.
Who is the CEO of Landmark Community Services Inc?
Frank Schwab is the President/Treasurer of Landmark Community Services Inc.
What is the revenue of Landmark Community Services Inc?
Landmark Community Services Inc's revenue in 2022 was $72,015.
Who are the executives of Landmark Community Services Inc and what are their salaries?
There 4 volunteers at Landmark Community Services Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Landmark Community Services Inc?
Landmark Community Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Landmark Community Services Inc
Landmark Community Services Inc, as its mission statement suggests, is primarily involved in the rental of property to 501(C)(3) organizations. This nonprofit organization holds title to various properties and collects income derived from these properties. The income generated from these properties is then meticulously managed, with the majority of it being transferred to the tax-exempt organizations that have leased the properties from Landmark Community Services Inc. This transfer is made after deducting any expenses incurred during the management of the properties. In essence, Landmark Community Services Inc serves as a facilitator, providing a platform for 501(C)(3) organizations to operate from, while ensuring that the financial resources are utilized effectively and efficiently.
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Impact
October, 2024
Landmark Community Services Inc significantly contributes to the local community by facilitating the rental of properties specifically to 501(c)(3) organizations. By holding the title to these properties and managing the associated income, Landmark ensures that resources are efficiently directed towards tax-exempt organizations, which in turn supports various community improvement initiatives.
The organization's approach allows critical funding to flow seamlessly into nonprofit activities, aligning financial resources with purpose-driven missions. This process not only enhances the operational capacity of the benefiting organizations but also fosters a collaborative environment where community service efforts can thrive. In Staunton, IL, Landmark Community Services Inc plays a vital role in strengthening the support system for organizations dedicated to making a positive impact in the community.
This information is meant to be a general summary of Landmark Community Services 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: $1,765
- Program Service Revenue: $70,250
- Gross Receipts: $72,015
Assets and Liabilities:
- Total Assets: $809,783
- Total Liabilities: $0
- Net Assets: $809,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$70,250
Organization Details
Founding Year
1994
Phone
(217) 999-7804Principal Officer
Frank Schwab
Main Address
19678 WHITE CITY ROAD, STAUNTON, IL, 62088
NTEE Category
Code: S47 - Community improvement
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