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Dew Building

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371409775 ✦ Tyler, TX ✦ Designated as a 501(c)(25)

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Overview

What is Dew Building?

The Dew Building, located in Tyler, Texas, serves as an affordable space for tax-exempt organizations. Utilizing its net income, the building offers suitable facilities and covers operational expenses, aligning with its mission to support such organizations. By providing an affordable and conducive environment, the Dew Building helps these nonprofits carry out their charitable activities effectively, contributing to the broader community.

Is Dew Building legitimate?

Dew Building is a legitimate nonprofit organization registered as a 501(c)(25) entity. Dew Building 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 Dew Building?

The Dew Building is committed to serving tax-exempt organizations by offering them affordable occupancy. This mission is reflected in its operations, where the generated income is utilized for enhancing the building and covering its expenses, all in line with its exempt purpose. The primary goal of the Dew Building is to provide a cost-effective space for these organizations, contributing to their various causes and initiatives.

Who is the CEO of Dew Building?

Edna Walsh is the Director of Dew Building.

What is the revenue of Dew Building?

Dew Building's revenue in 2020 was $21,595.

Who are the executives of Dew Building and what are their salaries?


Here are 3 key members and their salaries:


Jennifer Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edna Walsh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Walsh (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dew Building?

Dew Building's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Dew Building

Dew Building, as a nonprofit entity, is dedicated to serving a unique mission. Its primary objective is to offer affordable occupancy to tax-exempt organizations. This mission is not mere lip service; it translates into practical action. The net income generated by the building is utilized to fund necessary improvements and cover operational expenses, ensuring the building remains in line with its exempt purpose of providing affordable accommodations for tax-exempt organizations. In essence, Dew Building serves as a supportive hub for various nonprofit organizations, enabling them to focus on their respective missions without the financial burden of exorbitant rent costs.

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Impact




October, 2024

Dew Building significantly impacts the community by offering affordable occupancy solutions specifically tailored for tax-exempt organizations. This initiative enables these organizations to allocate more resources toward their missions rather than high rental costs. By providing a stable and cost-effective environment, Dew Building fosters a vibrant network of nonprofits that can thrive and expand their services within Tyler, TX.

The net income generated from the building is reinvested into crucial improvements and operational maintenance, ensuring the facility remains functional and welcoming for its occupants. This continuous enhancement supports community betterment and strengthens the operational capacity of the organizations housed within. Ultimately, Dew Building serves as a catalyst for community improvement, allowing a diverse range of tax-exempt entities to work towards their missions effectively.




This information is meant to be a general summary of Dew Building. 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.

Revenue
$21,595 (2020)
Expenses
$100,000 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $245,090

Assets and Liabilities:

  • Total Assets: $1,714,116
  • Total Liabilities: $0
  • Net Assets: $1,714,116

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Organization Details

Founding Year

2001

Principal Officer

Edna Walsh

Main Address

3300 S BROADWAY, Tyler, TX, 75701

NTEE Category

Code: S47 - Community improvement

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