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Clcs Realty Corporation

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

EIN: 371784905 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Clcs Realty Corporation?

Clcs Realty Corporation is an organization established to support and serve Conservatory Lab Foundation, Inc., a nonprofit entity. Located in Boston, Massachusetts, Clcs Realty Corporation manages funds, assets, and properties connected to Conservatory Lab Foundation, Inc. It also assists in carrying out the foundation's purposes and functions, including maintaining real estate where the foundation operates. The corporation's role extends to performing tasks that the foundation would typically handle, as well as providing financial aid and services to further benefit Conservatory Lab Foundation, Inc.

Is Clcs Realty Corporation legitimate?

Clcs Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clcs Realty Corporation 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 Clcs Realty Corporation?

Clcs Realty Corporation is established with the primary objective of supporting and aiding Conservatory Lab Foundation, Inc. This support includes providing services, managing funds and assets, and engaging in activities that the foundation would typically handle. The corporation also owns, acquires, leases, and maintains real estate for the foundation, ensuring it has a suitable location to operate. Furthermore, Clcs Realty Corporation provides financial support and services to Conservatory Lab Foundation, Inc., thereby benefiting the foundation in its operations.

Who is the CEO of Clcs Realty Corporation?

John Chistolini is the President of Clcs Realty Corporation.

What is the revenue of Clcs Realty Corporation?

Clcs Realty Corporation's revenue in 2023 was $1,322,922.

Who are the executives of Clcs Realty Corporation and what are their salaries?


Here are 5 key members and their salaries:


John Chistolini (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paolella (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mccall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah L Smith (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clcs Realty Corporation?

Clcs Realty Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Clcs Realty Corporation

Clcs Realty Corporation is established with a singular purpose: to support and advance the objectives of Conservatory Lab Foundation, Inc. This support encompasses various facets, including providing services, managing funds, and maintaining real estate for the foundation. Clcs Realty Corporation also engages in activities that Conservatory Lab Foundation, Inc. would typically undertake, and offers financial assistance and services to further benefit the foundation. In essence, Clcs Realty Corporation exists to strengthen and sustain the operations of Conservatory Lab Foundation, Inc., thereby contributing to its mission and overall success.

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Impact




October, 2024

Clcs Realty Corporation plays a crucial role in advancing the mission of Conservatory Lab Foundation, Inc. by providing essential services and financial management, directly enhancing the foundation's operational capabilities. It oversees the acquisition, leasing, and maintenance of real estate where the foundation operates, ensuring a stable and conducive environment for its educational initiatives.

By engaging in activities that support the foundation's functions, Clcs Realty Corporation alleviates some of the logistical burdens, allowing the Conservatory Lab Foundation to focus on its core mission. Through the provision of financial support and resources, Clcs Realty Corporation strengthens the overall infrastructure of the foundation, facilitating a greater impact in the communities it serves. This synergistic relationship fosters a sustainable model for educational excellence in Boston, reinforcing the foundation’s commitment to providing high-quality education and support to its students and families.




This information is meant to be a general summary of Clcs Realty Corporation. 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
$1,322,922 (2023)
Expenses
$817,560 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $73
  • Program Service Revenue: $1,322,849
  • Gross Receipts: $1,322,922

Assets and Liabilities:

  • Total Assets: $24,805,358
  • Total Liabilities: $23,559,790
  • Net Assets: $1,245,568

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,322,849

Organization Details

Founding Year

2015

Principal Officer

John Chistolini

Main Address

395 COLUMBIA ROAD, BOSTON, MA, 02125

NTEE Category

Code: T11 - Philanthropy

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