Marketplace Square Condominium Association

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

EIN: 371834499 ✦ Ada, MI ✦ Designated as a 501(c)(2)

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Overview

What is Marketplace Square Condominium Association?

Marketplace Square Condominium Association is a nonprofit organization, specifically a corporation, situated in Ada, Michigan. Their primary purpose is to oversee the management, operation, maintenance, and replacement of common elements within a condominium property, all in the best interest of its members. By doing so, they ensure the community's shared spaces are well-maintained and functioning optimally, thereby enhancing the living experience for their members.

Is Marketplace Square Condominium Association legitimate?

Marketplace Square Condominium Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Marketplace Square Condominium Association 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 Marketplace Square Condominium Association?

The Marketplace Square Condominium Association is a nonprofit organization with a primary focus on managing, operating, maintaining, and replacing common elements of a condominium property. This is done for the benefit of its members, aiming to ensure the well-being and satisfaction of its condominium owners. The association serves as a collective body, overseeing the upkeep and maintenance of shared facilities, thereby enhancing the living experience for its members.

Who is the CEO of Marketplace Square Condominium Association?

Dan Clemo is the President of Marketplace Square Condominium Association.

What is the revenue of Marketplace Square Condominium Association?

Marketplace Square Condominium Association's revenue in 2021 was $50,980.

Who are the executives of Marketplace Square Condominium Association and what are their salaries?


Here are 3 key members and their salaries:


Dan Clemo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Francis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ufuk Turan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marketplace Square Condominium Association?

Marketplace Square Condominium Association's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Marketplace Square Condominium Association

Marketplace Square Condominium Association, as a nonprofit corporation, is dedicated to managing, operating, maintaining, and replacing common elements of a condominium property for the benefit of its members. This organization's mission is centered around ensuring the well-being and upkeep of shared spaces within the condominium, aiming to enhance the living experience for all members. The association's primary role is to oversee and maintain the common areas, ensuring they are in good condition and functioning properly, ultimately contributing to a comfortable and harmonious living environment for the members of Marketplace Square Condominium Association.

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Impact




October, 2024

Marketplace Square Condominium Association plays a crucial role in enhancing the quality of living for its members by effectively managing and maintaining the common elements of the condominium property. This includes overseeing the operation and upkeep of shared facilities, ensuring that they are well-maintained and functional. By prioritizing the maintenance and replacement of these common elements, the association contributes significantly to the overall aesthetic and functional value of the community.

The association’s efforts not only foster a sense of community among residents but also protect property investments by ensuring that the condominium's common areas remain in good condition. This proactive management approach enhances residents' quality of life while promoting a safe and inviting environment for all members. In this way, the Marketplace Square Condominium Association directly impacts the community’s livability and cohesion.




This information is meant to be a general summary of Marketplace Square Condominium Association. 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
$50,980 (2021)
Expenses
$50,980 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $50,980

Assets and Liabilities:

  • Total Assets: $23,458
  • Total Liabilities: $23,458
  • Net Assets: $0

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Organization Details

Founding Year

2016

Principal Officer

Dan Clemo

Main Address

7125 HEADLEY ST SE 893, ADA, MI, 49301

NTEE Category

Code: Z99 - Unknown

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