Overview
What is Crossroads Foundation Inc?
Crossroads Foundation Inc is a charitable organization, headquartered in Muscatine, Iowa, with a strong mission. It operates as a supporting organization, providing financial assistance to Crossroads Inc, a related tax-exempt entity. This support comes in the form of annual lease payments for real estate owned by the Foundation. The leased property serves Crossroads Inc, an organization dedicated to aiding individuals with disabilities and special needs. By leasing its property, Crossroads Foundation Inc plays a crucial role in empowering this cause.
Is Crossroads Foundation Inc legitimate?
Crossroads Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads Foundation Inc 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:
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What is the mission statement of Crossroads Foundation Inc?
Crossroads Foundation Inc, serving as a supporting organization, owns real estate that it leases to a related tax-exempt organization, Crossroads Inc. The primary function of Crossroads Foundation Inc is to provide assistance to individuals with disabilities and special needs, through its leased property. By doing so, the foundation contributes to the mission of Crossroads Inc, which focuses on providing aid to those in need. The annual rent received by the foundation from Crossroads Inc in 2022 was $70,000. Although Crossroads Foundation Inc's primary role is to support Crossroads Inc financially through real estate leasing, the indirect impact of its operations is the provision of assistance to individuals with disabilities and special needs.
Who is the CEO of Crossroads Foundation Inc?
Marc Hines is the Director of Crossroads Foundation Inc.
What is the revenue of Crossroads Foundation Inc?
Crossroads Foundation Inc's revenue in 2022 was $1,601,118.
Who are the executives of Crossroads Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $120,538
- Other: $7,361
Where can I find the form 990 for Crossroads Foundation Inc?
Crossroads Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crossroads Foundation Inc
Crossroads Foundation Inc, as a supporting organization, plays a crucial role in providing assistance to individuals with disabilities and special needs. It achieves this mission by owning real estate that it leases annually to a related tax-exempt organization, Crossroads, Inc. This financial support allows Crossroads, Inc. to carry out its mission of aiding those with disabilities and special needs. The annual rent received by Crossroads Foundation Inc from Crossroads, Inc. in 2022 was $70,000, demonstrating the organization's ongoing commitment to this cause.
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Impact
October, 2024
Crossroads Foundation Inc plays a crucial role in supporting individuals with disabilities and special needs by ensuring that a dedicated organization, Crossroads Inc, has the facilities it requires to provide vital services. By owning and leasing real estate to Crossroads Inc, the Foundation generates revenue that directly contributes to the mission of assisting those with disabilities.
In 2022, the Foundation's rental income of $70,000 helped sustain and enhance programmatic efforts aimed at improving the quality of life for individuals facing various challenges. The collaboration between the Foundation and Crossroads Inc demonstrates a commitment to creating supportive environments where individuals with special needs can thrive, fostering a community that prioritizes accessibility and assistance. This strategic partnership ultimately leads to greater empowerment and independence for those served, making a significant impact in Muscatine, Iowa, and beyond.
This information is meant to be a general summary of Crossroads Foundation 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.
- Investment Income: $2,837
- Gross Receipts: $1,603,069
Assets and Liabilities:
- Total Assets: $6,734,297
- Total Liabilities: $62,958
- Net Assets: $6,671,339
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Organization Details
Founding Year
1998
Phone
(563) 263-3545Principal Officer
Marc Hines
Main Address
1424 HOUSER STREET, MUSCATINE, IA, 52761
NTEE Category
Code: P111 - Human services
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