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Grace Place Properties Inc

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

EIN: 452393807 ✦ Duncanville, TX ✦ Designated as a 501(c)(3)

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Overview

What is Grace Place Properties Inc?

Grace Place Properties Inc is a nonprofit organization situated in Duncanville, Texas, primarily dedicated to aiding ex-offenders in their rehabilitation process. The organization offers transitional services, including providing residences, food, essential identification documents, and clothing. Additionally, it organizes required reintegration programs to help the ex-offenders adapt back into society. During a grace period, the organization offers room and board to the residents, and attendance at program sessions is mandatory. After this period, the residents pay weekly program service fees and are expected to secure gainful employment within the first 45 days. Successful completion of the program requires completing the required sessions and achieving financial and functional self-sufficiency. The entity incurs costs related to residence operating and maintenance, program session expenses, and counseling expenses for the residents. With a team of four employees, Grace Place Properties Inc strives to support the rehabilitation and reintegration of ex-offenders, ultimately contributing to a more productive society.


Official website here: www.graceplaceproperties.org

Is Grace Place Properties Inc legitimate?

Grace Place Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Place Properties 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:

Executive Compensation: $226,506
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.graceplaceproperties.org

What is the mission statement of Grace Place Properties Inc?

Grace Place Properties Inc's mission is centered around providing transitional services for individuals who have previously served prison sentences. This is achieved by offering them residences, food, necessary identification documents, clothing, and required reintegration programs. The organization aims to help these individuals re-enter society by providing them with a grace period, during which they are offered room and board, while attending rehabilitation sessions. After the grace period, the residents are expected to contribute financially and find gainful employment within the first 45 days. Upon completing the program, which involves attending required sessions and becoming financially and functionally sufficient, the individuals can integrate back into society in a productive role. Approximately 45% of the residents successfully complete the program.


Official website here: www.graceplaceproperties.org

Who is the CEO of Grace Place Properties Inc?

Stek Steck is the Executive Director of Grace Place Properties Inc.


Official website here: www.graceplaceproperties.org

What is the revenue of Grace Place Properties Inc?

Grace Place Properties Inc's revenue in 2022 was $555,448.


Official website here: www.graceplaceproperties.org

Who are the executives of Grace Place Properties Inc and what are their salaries?

The average compensation at Grace Place Properties Inc during 2022 was $56,626. There are 4 employees at Grace Place Properties Inc.


Here are 12 key members and their salaries:


Patrick Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Billingsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Teaque (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Hallman-Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Carson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Dishman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Pinon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Gentry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Shepherd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stek Steck (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.graceplaceproperties.org

Where can I find the form 990 for Grace Place Properties Inc?

Grace Place Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.graceplaceproperties.org

Learn more at the official website: www.graceplaceproperties.org

Mission Statement of Grace Place Properties Inc

Grace Place Properties Inc is an organization dedicated to providing transitional services for individuals who have previously served time in prison. Their mission is to assist these individuals in reintegrating into society by offering them a range of supportive services. This includes providing residences, food, identification documents, and clothing, as well as required rehabilitation programs.

The organization operates under the belief that a grace period is necessary for ex-offenders to adjust to their new environment. During this period, room and board are provided at no cost to the resident. However, attendance at program sessions is mandatory as part of the rehabilitation process. After the grace period, the resident is expected to pay weekly program service fees and secure gainful employment within the first 45 days. Successful completion of the program requires the resident to complete all required sessions and demonstrate financial and functional self-sufficiency.

Approximately 45% of the residents who go through Grace Place Properties Inc's program are able to integrate back into society in a productive role. The organization incurs costs related to residence operating and maintenance expenses, program session expenses, and the counseling expenses of the residents. Grace Place Properties Inc's mission is to provide a supportive environment and the necessary tools for ex-offenders to rebuild their lives and reintegrate into society as productive members.

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Impact




October, 2024

Grace Place Properties Inc. significantly impacts the lives of previously incarcerated men and women by providing essential transitional services that facilitate their reintegration into society. By offering residences, food, clothing, and critical identification documents, the organization addresses the immediate needs of ex-offenders, which are fundamental to their stability and success.

The core of Grace Place’s mission revolves around rehabilitation, encapsulated in a structured program that includes mandatory attendance at reintegration sessions. This approach not only promotes accountability but also equips residents with the necessary tools and skills to thrive outside the prison system. Participants are granted a grace period during which they receive room and board, allowing them to focus on securing employment—a vital step towards independence.

The organization has demonstrated a notable success rate, with approximately 45% of residents completing the program and transitioning into productive roles within the community. This success is pivotal, as it not only benefits the individuals but also contributes to reducing recidivism, fostering safer communities, and ultimately building a more inclusive society.

By incurring costs related to residence maintenance, program sessions, and counseling for residents, Grace Place Properties Inc. reinforces its commitment to empowering individuals on their journey towards financial and functional sufficiency. Through these efforts, the organization plays a crucial role in transforming lives and creating pathways for ex-offenders to reclaim their place in society.




This information is meant to be a general summary of Grace Place Properties 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.

Revenue
$555,448 (2022)
Expenses
$558,738 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $235,579
  • Gross Receipts: $555,448

Assets and Liabilities:

  • Total Assets: $675,997
  • Total Liabilities: $136,267
  • Net Assets: $539,730

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Programs

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

PROGRAM SERVICE FEES

Revenue

$235,579

Organization Details

Founding Year

2011

Principal Officer

Stek Steck

Main Address

P O BOX 381640, DUNCANVILLE, TX, 751381640

NTEE Category

Code: P20 - Human services

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