Wise Owl Properties Inc

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

EIN: 455567819 ✦ Jacksonville, FL ✦ Designated as a 501(c)(2)

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Overview

What is Wise Owl Properties Inc?

Wise Owl Properties Inc serves as a corporate entity, owned by Eldersource Inc, to manage capital investments. Their primary objective is to support the missions of various 501(c)(3) nonprofit organizations under the Eldersource family, while ensuring a favorable return on investment. This corporation holds title to properties, acting as a financial steward for the broader purpose of enhancing the charitable endeavors of these nonprofit organizations.

Is Wise Owl Properties Inc legitimate?

Wise Owl Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Wise Owl 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: $0

For more financial information, click here

What is the mission statement of Wise Owl Properties Inc?

Wise Owl Properties Inc., as a corporation, serves to hold title to property on behalf of ElderSource Inc., a non-profit organization. Its primary mission is to manage capital investments in a manner that best supports the objectives of various ElderSource family 501(c)(3) organizations. This corporation strives to deliver a return on investment while prioritizing the goals of these non-profit entities. In essence, Wise Owl Properties Inc. plays a crucial role in fostering the success of its affiliated non-profit organizations by managing their financial investments effectively.

Who is the CEO of Wise Owl Properties Inc?

Linda Levin is the Executive Director of Wise Owl Properties Inc.

What is the revenue of Wise Owl Properties Inc?

Wise Owl Properties Inc's revenue in 2021 was $155,023.

Who are the executives of Wise Owl Properties Inc and what are their salaries?

There 6 volunteers at Wise Owl Properties Inc.


Here are 7 key members and their salaries:


Fran Pepis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Gilreath (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Ezell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Catoe (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Ternent (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Parkhurst (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Levin (Executive Director)
  • Compensation: $0
  • Related: $151,018
  • Other: $0
Where can I find the form 990 for Wise Owl Properties Inc?

Wise Owl Properties Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Wise Owl Properties Inc

Wise Owl Properties Inc, a corporation, serves a unique purpose by holding title to property on behalf of ElderSource Inc, a family of 501(c)(3) nonprofit organizations. The primary mission of Wise Owl Properties is to manage its capital investments in a manner that maximally supports the missions of these nonprofits. This strategic approach aims to not only ensure a return on investment but also to contribute to the overall goals and objectives of the ElderSource organizations. By effectively managing its resources, Wise Owl Properties plays a crucial role in facilitating the success and growth of its affiliated nonprofits, thereby contributing to their collective mission of making a positive impact in their respective communities.

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Impact




October, 2024

Wise Owl Properties Inc plays a significant role in supporting the mission of Eldersource, a family of organizations dedicated to serving the community. By managing capital investments effectively, Wise Owl Properties ensures that resources are allocated to enhance the services provided to the community, particularly for elder care. This focus on investment returns aids in sustaining and expanding the initiatives of Eldersource Inc, thereby contributing to improved outcomes for the populations served. Located in Jacksonville, Florida, Wise Owl Properties is integral to fostering community improvement, actively working to meet the needs of the elderly and enhancing the impact of the associated organizations.




This information is meant to be a general summary of Wise Owl 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
$155,023 (2021)
Expenses
$126,333 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $135,000
  • Gross Receipts: $155,023

Assets and Liabilities:

  • Total Assets: $1,220,594
  • Total Liabilities: $977,371
  • Net Assets: $243,223

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Programs

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

RENTAL INCOME

Revenue

$135,000

Organization Details

Founding Year

2013

Principal Officer

Linda Levin

Main Address

10688 OLD ST AUGUSTINE RD, JACKSONVILLE, FL, 32257

NTEE Category

Code: S47 - Community improvement

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