Overview
What is Green Town Properties Inc?
Green Town Properties Inc, situated in Greenville, North Carolina (27858), is a nonprofit organization dedicated to supporting East Carolina University (ECU) and the ECU Foundation, Inc. Their primary mission is to acquire, develop, manage, and lease real estate properties for these two entities' benefits. The profit generated from these activities is utilized for charitable and educational purposes, thereby contributing to the growth and development of the university.
Official website here: www.ecu.edu/give
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
Green Town Properties Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance based on accountability and finance. The overall score reflects a variety of metrics, particularly highlighting the organization’s strong governance structure, including a board composed entirely of independent members and the lack of material diversion of assets. Additionally, the nonprofit has established several policies, such as conflict of interest and whistleblower protections, which contribute positively to its accountability framework.
Despite these strengths, the organization faces significant challenges in financial performance, evidenced by a low program expense ratio of just 7.04%. This figure suggests that a minimal portion of its resources is allocated towards its programs, raising concerns about its operational impact. Furthermore, a high liabilities to assets ratio of 94.56% reflects potential financial instability, which could hinder the organization’s ability to sustain its operations or fulfill its mission effectively.
In conclusion, while Green Town Properties Inc demonstrates commendable governance and transparency practices, its financial metrics indicate potential issues that could limit its effectiveness and long-term viability. Stakeholders and potential donors may want to consider these factors carefully when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Green Town Properties Inc legitimate?
Green Town Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Green Town 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
Official website here: www.ecu.edu/give
What is the mission statement of Green Town Properties Inc?
Green Town Properties Inc's mission is centered around purchasing, developing, managing, and leasing real estate properties. This is done with the primary objective of benefiting East Carolina University and the East Carolina University Foundation Inc. The company exclusively focuses on real estate transactions for charitable and educational purposes, aiming to contribute positively to the aforementioned institutions.
Official website here: www.ecu.edu/give
Who is the CEO of Green Town Properties Inc?
Christopher M Dyba is the President of Green Town Properties Inc.
Official website here: www.ecu.edu/give
What is the revenue of Green Town Properties Inc?
Green Town Properties Inc's revenue in 2022 was -$164,406.
Official website here: www.ecu.edu/give
Who are the executives of Green Town Properties Inc and what are their salaries?
There 4 volunteers at Green Town Properties Inc.
Here are 7 key members and their salaries:
- Compensation: $281,770
- Related: $0
- Other: $76,489
- Compensation: $252,150
- Related: $0
- Other: $67,542
- Compensation: $331,675
- Related: $0
- Other: $208,522
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ecu.edu/give
Where can I find the form 990 for Green Town Properties Inc?
Green Town Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecu.edu/give
Learn more at the official website: www.ecu.edu/give
Mission Statement of Green Town Properties Inc
Green Town Properties Inc, as a mission-driven organization, is committed to purchasing, developing, owning, managing, and leasing real estate property. Its primary objective is to benefit East Carolina University and the East Carolina University Foundation Inc. By undertaking these activities, Green Town Properties Inc contributes to charitable and educational purposes, ensuring the growth and development of these institutions. The company's actions directly contribute to the real estate needs of these organizations, thereby supporting their overall operations and goals.
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Impact
October, 2024
Green Town Properties Inc plays a vital role in supporting East Carolina University and the East Carolina University Foundation by focusing on real estate initiatives that align with educational and charitable missions. By purchasing, developing, owning, managing, and leasing properties, the organization ensures that there are resources available for academic growth, community engagement, and overall institutional advancement.
The tangible impact of Green Town Properties Inc can be seen in the development of facilities that enhance the learning environment for students and faculty. These properties contribute to a campus atmosphere that fosters educational opportunities and supports various programs. Furthermore, by providing a stable foundation for financial investments in real estate, the organization helps secure ongoing funds that can be redirected towards scholarships, research, and other essential functions of the university.
Through its commitment to managing real estate for educational purposes, Green Town Properties Inc not only invests in infrastructure but also strengthens the community ties between the university and Greenville, NC. This relationship creates a symbiotic environment where educational institutions and local communities can thrive together, ultimately benefiting students, faculty, and residents alike.
This information is meant to be a general summary of Green Town 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.
- Gross Receipts: $661,532
Assets and Liabilities:
- Total Assets: $6,013,125
- Total Liabilities: $5,725,882
- Net Assets: $287,243
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Organization Details
Founding Year
2012
Phone
(252) 737-5369Principal Officer
Christopher M Dyba
Main Address
2220 S CHARLES BLVD, GREENVILLE, NC, 27858
Website
www.ecu.edu/giveNTEE Category
Code: B11 - Education
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