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Parkwood Properties Ltd

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

EIN: 391698159 ✦ Rice lake, WI ✦ Designated as a 501(c)(3)

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Overview

What is Parkwood Properties Ltd?

Parkwood Properties Ltd is a nonprofit organization situated in Rice Lake, Wisconsin, specifically at 2961 Decker Drive. Their primary mission is to cater to the unique needs of elderly individuals by operating a 60-unit housing facility. This facility is tailored to provide a comfortable living environment for the elderly, ensuring their specific requirements are met. The organization's core activity is centered around this housing facility, demonstrating their commitment to the well-being and accommodation of the elderly population.

Is Parkwood Properties Ltd legitimate?

Parkwood Properties Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkwood Properties Ltd 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: $73,926

For more financial information, click here

What is the mission statement of Parkwood Properties Ltd?

Parkwood Properties Ltd is committed to serving the elderly population by providing them with housing facilities tailored to their specific needs. This mission is carried out through the operation of a 60-unit housing facility. The goal is to ensure that elderly individuals have access to comfortable and suitable living spaces that cater to their unique requirements. By offering such accommodations, Parkwood Properties Ltd aims to enhance the quality of life for the elderly, providing them with a sense of independence and comfort in their golden years.

Who is the CEO of Parkwood Properties Ltd?

Brett Gerber is the President/Ceo of Parkwood Properties Ltd. The CEO's salary of Parkwood Properties Ltd is $0 and their total compensation is $580,678.

What is the revenue of Parkwood Properties Ltd?

Parkwood Properties Ltd's revenue in 2022 was $423,755.

Who are the executives of Parkwood Properties Ltd and what are their salaries?


Here are 3 key members and their salaries (Parkwood Properties Ltd's CEO's salary is $0 and their total compensation is $580,678):


Brett Gerber (President/Ceo)
  • Compensation: $0
  • Related: $444,686
  • Other: $135,992
Terra Pawliuk-Mcgiffin (Secretary/Treasurer)
  • Compensation: $0
  • Related: $112,592
  • Other: $35,825
Caroline Loyas (Director)
  • Compensation: $0
  • Related: $105,602
  • Other: $27,978
Where can I find the form 990 for Parkwood Properties Ltd?

Parkwood Properties Ltd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Parkwood Properties Ltd

Parkwood Properties Ltd, a nonprofit organization, is dedicated to providing elderly individuals with housing facilities that cater to their specific needs. By operating a 60-unit housing facility, Parkwood Properties Ltd seeks to fulfill this mission. This commitment to senior care ensures that elderly residents have access to living spaces designed with their unique requirements in mind. The nonprofit's efforts to provide such facilities help improve the quality of life for elderly individuals, enabling them to live with comfort and dignity.

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Impact




October, 2024

Parkwood Properties Ltd plays a crucial role in enhancing the quality of life for elderly individuals by providing housing facilities that are specifically tailored to meet their unique needs. By operating a 60-unit housing facility in Rice Lake, WI, the organization ensures that seniors have access to safe, comfortable, and supportive living environments. This focus on addressing the requirements of elderly residents not only promotes their independence and well-being but also fosters a sense of community and belonging among them. The dedicated facilities help alleviate the challenges often associated with aging, enabling seniors to live with dignity and maintain their quality of life.




This information is meant to be a general summary of Parkwood Properties Ltd. 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
$423,755 (2022)
Expenses
$479,304 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $919
  • Program Service Revenue: $422,836
  • Gross Receipts: $423,755

Assets and Liabilities:

  • Total Assets: $1,577,491
  • Total Liabilities: $100,027
  • Net Assets: $1,477,464

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Programs

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

RENTAL REVENUE

Revenue

$415,865

MISCELLANEOUS REVENUE

Revenue

$6,971

Organization Details

Founding Year

1990

Principal Officer

Brett Gerber

Main Address

2961 DECKER DRIVE, RICE LAKE, WI, 54868

NTEE Category

Code: L22Z - Housing

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