Overview
What is Demedici Ii Corporation?
Demedici II Corporation is a company situated in Marlton, New Jersey, with an address at 601 Route 73 North, Suite 302. Its primary objective is to support the education sector by owning and leasing school facilities to not-for-profit educational entities. One such organization is the Philadelphia Performing Arts Charter School, identified by its EIN number 23-3040987. Demedici II Corporation's role is essential in providing a physical space for these nonprofit organizations to fulfill their educational missions.
Is Demedici Ii Corporation legitimate?
Demedici Ii Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Demedici Ii Corporation 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
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What is the mission statement of Demedici Ii Corporation?
Demedici II Corporation's primary mission is centered around property management, specifically focusing on owning and leasing facilities to not-for-profit educational institutions. This corporation contributes to the educational sector by providing suitable spaces for such organizations, as demonstrated by its partnership with Philadelphia Performing Arts String Theory Charter School, a not-for-profit entity. By leasing their facilities, Demedici II Corporation plays a significant role in supporting the operations of these educational institutions, thereby contributing to the overall educational landscape.
Who is the CEO of Demedici Ii Corporation?
Javier Kuehnle is the Secretary of Demedici Ii Corporation.
What is the revenue of Demedici Ii Corporation?
Demedici Ii Corporation's revenue in 2022 was $3,384,186.
Who are the executives of Demedici Ii Corporation and what are their salaries?
There 5 volunteers at Demedici Ii Corporation.
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
Where can I find the form 990 for Demedici Ii Corporation?
Demedici Ii Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Demedici Ii Corporation
Demedici II Corporation serves a unique role in the educational sector. Its mission, in simple terms, is to provide school facilities for not-for-profit educational institutions. This organization leverages its resources to own and lease properties to such entities, ensuring they have suitable spaces for educational pursuits. As an example, Demedici II Corporation has entered into a partnership with the Philadelphia Performing Arts Charter School, a not-for-profit organization with an EIN of 23-3040987. By providing them with necessary facilities, Demedici II Corporation aids in the smooth operation of this educational institution, thereby contributing to the broader educational landscape.
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Impact
October, 2024
Demedici II Corporation plays a significant role in enhancing education by owning and leasing facilities specifically designed for nonprofit schools. By providing a physical space for educational institutions, particularly the Philadelphia Performing Arts, a String Theory Charter School, the organization ensures that these schools can focus on delivering quality education without the burden of facility management. This support is crucial for the community, as it fosters an environment where students can thrive in performing arts and other academic endeavors. Furthermore, by targeting nonprofit educational entities, Demedici II Corporation directly contributes to the accessibility and sustainability of innovative educational models, promoting long-term benefits for students and the broader community in Marlton, NJ, and beyond.
This information is meant to be a general summary of Demedici Ii Corporation. 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: $1,689
- Program Service Revenue: $3,382,497
- Gross Receipts: $3,384,186
Assets and Liabilities:
- Total Assets: $55,482,997
- Total Liabilities: $60,191,707
- Net Assets: -$4,708,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL
Revenue
$3,382,497
Organization Details
Founding Year
2011
Phone
(856) 505-1300Principal Officer
Javier Kuehnle
Main Address
601 ROUTE 73 NORTH SUITE 302, MARLTON, NJ, 08053
NTEE Category
Code: B90 - Education
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