Overview
What is Ers Strategic Properties Inc?
Ers Strategic Properties Inc, located in Rootstown, Ohio, is a nonprofit organization with a mission to establish commercial business units for the benefit and support of Northeastern Ohio Medical University (NEOMED). Primarily, the organization provides housing solutions, catering to students, faculty, staff, and guests of NEOMED. The specifics of the commercial activities are outlined in a schedule O, which isn't provided in the information. This nonprofit entity is an essential part of the NEOMED community, contributing to its overall growth and development.
Is Ers Strategic Properties Inc legitimate?
Ers Strategic Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ers Strategic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,636
For more financial information, click here
What is the mission statement of Ers Strategic Properties Inc?
Ers Strategic Properties Inc's mission is centered around establishing commercial business units to benefit and support Northeast Ohio Medical University. Their primary goal is to provide suitable living spaces for students, faculty, staff, and guests affiliated with the university. This is done through the development of apartments. This initiative aims to contribute positively to the university community, enhancing its overall functioning and environment.
Who is the CEO of Ers Strategic Properties Inc?
Mary Taylor is the Director of Ers Strategic Properties Inc.
What is the revenue of Ers Strategic Properties Inc?
Ers Strategic Properties Inc's revenue in 2022 was $9,442,305.
Who are the executives of Ers Strategic Properties Inc and what are their salaries?
There 5 volunteers at Ers Strategic Properties Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $855,302
- Other: $37,662
- Compensation: $0
- Related: $233,537
- Other: $40,860
- Compensation: $0
- Related: $190,910
- Other: $44,659
- Compensation: $0
- Related: $110,912
- Other: $28,131
- Compensation: $0
- Related: $215,507
- Other: $33,140
Where can I find the form 990 for Ers Strategic Properties Inc?
Ers Strategic Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ers Strategic Properties Inc
Ers Strategic Properties Inc, with its mission statement, aims to establish commercial business units with the primary objective of benefiting and supporting Northeast Ohio Medical University (NEOMED). This mission is geared towards providing suitable accommodations for students, faculty, staff, and guests affiliated with NEOMED. The company specializes in constructing apartments that cater to the needs of this medical university community, thereby contributing to its overall growth and development.
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Impact
October, 2024
Ers Strategic Properties Inc plays a significant role in enhancing the educational environment at Northeast Ohio Medical University (NEOMED) by developing essential commercial business units, specifically in the realm of housing. By providing well-designed apartments for students, faculty, staff, and guests, the organization directly supports the academic and professional pursuits of individuals associated with NEOMED. This initiative not only facilitates access to quality accommodation but also fosters a sense of community and stability, enabling students and faculty to focus on their studies and work without the added stress of finding appropriate housing. Furthermore, the presence of these living spaces contributes to the overall vibrancy of Rootstown, reinforcing the university's mission and its connection to the local area. Overall, Ers Strategic Properties Inc significantly impacts both the university and the surrounding community by creating a supportive infrastructure that enhances educational outcomes and quality of life.
This information is meant to be a general summary of Ers Strategic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$54,496
- Program Service Revenue: $9,163,395
- Gross Receipts: $9,497,418
Assets and Liabilities:
- Total Assets: $113,877,991
- Total Liabilities: $129,549,102
- Net Assets: -$15,671,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH, WELLNESS & EDU
Revenue
$5,599,789
APARTMENTS
Revenue
$3,096,043
MEDICAL OFFICE BUILDIN
Revenue
$467,563
Organization Details
Founding Year
2012
Phone
(330) 325-6369Principal Officer
Mary Taylor
Main Address
4209 STATE RTE 44, ROOTSTOWN, OH, 44272
NTEE Category
Code: B11 - Education
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