Overview
What is The Friends Of Dci Inc?
The Friends of DCI Inc, situated in Detroit, Michigan, functions as a nonprofit organization with a unique mission. Their primary goal is to raise funds for Development Centers, Inc. by managing and disposing of real estate and personal property. Furthermore, they offer grants to other tax-exempt organizations for property-related operations and support the real estate operations of these organizations. In essence, The Friends of DCI Inc serves as a conduit for funding and property management, aiming to benefit various nonprofit entities.
Is The Friends Of Dci Inc legitimate?
The Friends Of Dci Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. The Friends Of Dci Inc submitted a form 990EZ, 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.
What is the mission statement of The Friends Of Dci Inc?
The mission of The Friends Of Dci Inc, as stated, is to facilitate the acquisition, sale, and maintenance of property to generate funds for Development Centers Inc. They also provide grants to other tax-exempt organizations for property-related operations and support the real property operations of other tax-exempt organizations. In essence, their primary objective is to raise funds through property-related activities, benefiting various organizations.
Who is the CEO of The Friends Of Dci Inc?
Subhash C Gulati is the President of The Friends Of Dci Inc.
What is the revenue of The Friends Of Dci Inc?
The Friends Of Dci Inc's revenue in 2022 was $0.
Who are the executives of The Friends Of Dci Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for The Friends Of Dci Inc?
The Friends Of Dci Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Friends Of Dci Inc
The Friends of DCI, as a nonprofit organization, is primarily focused on generating funds for Development Centers, Inc. They achieve this by managing real estate properties, purchasing, selling, leasing, mortgaging, and disposing of both real and personal assets. Beyond this, they also grant funds to other tax-exempt organizations for their real property operations. The Friends of DCI further extend their support to other tax-exempt organizations by aiding in their real property operations. In essence, their mission revolves around utilizing property management and financial support to benefit various nonprofit organizations.
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Impact
October, 2024
The Friends Of Dci Inc significantly impacts the community by strategically managing real and personal property to generate funds that directly benefit Development Centers, Inc. Their activities include acquiring, purchasing, selling, leasing, and maintaining properties, which ultimately bolsters the financial resources available for crucial programs and services.
In addition to their property management efforts, they extend their support by providing grants to other tax-exempt organizations, facilitating real property operations that contribute to broader community needs. This approach not only strengthens the infrastructure of the organizations they support but also enhances the overall capability of the community to address various challenges, particularly in housing.
Based in Detroit, MI, The Friends Of Dci Inc plays a vital role in fostering sustainability and growth within the local ecosystem, ensuring that essential services remain accessible to those who need them most. Their commitment to maintaining and supporting real property operations underscores their dedication to community welfare and development.
This information is meant to be a general summary of The Friends Of Dci 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.
Assets and Liabilities:
- Total Assets: $66,929
- Total Liabilities: $34,251
- Net Assets: $32,678
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Organization Details
Phone
(313) 531-2500Principal Officer
Subhash C Gulati
Main Address
17421 TELEGRAPH, DETROIT, MI, 482193165
NTEE Category
Code: L19 - Housing
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