Overview
What is Paradox Community Trust?
Paradox Community Trust is a nonprofit organization situated in Telluride, Colorado. With a focus on economically challenged rural areas, their primary mission is to provide affordable housing. They operate within the legal framework allowed for nonprofit corporations in Colorado, as per the Colorado Revised Nonprofit Corporations Act. Their activities encompass developing affordable housing and contributing to rural community development, all in accordance with their charitable, educational, and scientific purpose, as defined by the Internal Revenue Code 501(c)(3).
Official website here: www.ruralhomesproject.co
Is Paradox Community Trust legitimate?
Paradox Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paradox Community Trust 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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Official website here: www.ruralhomesproject.co
What is the mission statement of Paradox Community Trust?
The Paradox Community Trust is committed to undertaking lawful activities that align with the charitable, educational, and scientific purposes of nonprofit corporations, as outlined in the Colorado Revised Nonprofit Corporations Act. Specifically, the trust focuses on developing affordable housing and contributing to rural community development. Their primary objective is to provide affordable housing solutions in economically challenged areas, aiming to contribute positively to these communities.
Official website here: www.ruralhomesproject.co
Who is the CEO of Paradox Community Trust?
Paul Major is the Chairman of Paradox Community Trust.
Official website here: www.ruralhomesproject.co
What is the revenue of Paradox Community Trust?
Paradox Community Trust's revenue in 2022 was $370,000.
Official website here: www.ruralhomesproject.co
Who are the executives of Paradox Community Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $153,500
- Related: $0
- Other: $0
Official website here: www.ruralhomesproject.co
Where can I find the form 990 for Paradox Community Trust?
Paradox Community Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ruralhomesproject.co
Learn more at the official website: www.ruralhomesproject.co
Mission Statement of Paradox Community Trust
Paradox Community Trust, a nonprofit organization, is dedicated to undertaking activities that are legally permissible for corporations organized under the Colorado Revised Nonprofit Corporations Act, with a focus on charitable, educational, and scientific purposes as described in Code 501(C)(3). One of its primary objectives is to develop affordable housing in economically challenged areas. The organization's mission extends beyond just constructing affordable housing units; it also involves involvement in rural community development. By doing so, Paradox Community Trust aims to contribute positively to communities in need, ensuring that housing remains accessible and affordable for those who require it the most.
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Impact
October, 2024
Paradox Community Trust significantly impacts economically challenged areas by providing affordable housing through construction initiatives in rural locations. By focusing on the creation of accessible living spaces, the organization addresses the critical need for housing in underserved communities, fostering stability and opportunities for residents. Their efforts contribute to community development by enhancing the quality of life, promoting economic growth, and ensuring that individuals and families have a safe and affordable place to call home. Located in Telluride, Colorado, the Trust's activities align with its mission to address housing needs and support the development of rural communities.
This information is meant to be a general summary of Paradox Community Trust. 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.
- Gross Receipts: $370,000
Assets and Liabilities:
- Total Assets: $14,518,618
- Total Liabilities: $11,777,484
- Net Assets: $2,741,134
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Organization Details
Founding Year
2012
Phone
(970) 209-2880Principal Officer
Paul Major
Main Address
PO BOX 4222, TELLURIDE, CO, 81435
Website
www.ruralhomesproject.coNTEE Category
Code: Z99 - Unknown
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