Overview
What is Miracleplaceinc?
Miracleplaceinc, established in October 2012, was initially formed as a Florida nonprofit corporation to accommodate Metropolitan Ministries, Inc.'s New Markets Tax Credit (NMTC) Chapter 1 funding for new construction. The organization's primary role was to serve as a supporting organization for Metropolitan Ministries, Inc. During its active years, Miracleplaceinc played a crucial role in various projects, as indicated by the information provided. Despite the dissolution of Miracleplaceinc in June 2022, its assets were transferred to Metropolitan Ministries, Inc., ensuring that its mission continued to support the broader organization's goals.
Official website here: www.metromin.org
Is Miracleplaceinc legitimate?
Miracleplaceinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miracleplaceinc 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.metromin.org
What is the mission statement of Miracleplaceinc?
Miracleplaceinc, as a nonprofit organization, was established with the primary mission of supporting Metropolitan Ministries, Inc. This role allowed Miracleplaceinc to contribute to Metropolitan Ministries, Inc.'s initiatives, specifically in relation to their New Markets Tax Credit (NMTC) Chapter 1 funding for new construction. However, due to the unwinding of NMTC transactions in fiscal years 2020 and 2021, Miracleplaceinc was dissolved in June 2022. The assets of the dissolved entity were subsequently transferred to Metropolitan Ministries, Inc. at the time of dissolution. Therefore, Miracleplaceinc's mission was essentially to provide support to Metropolitan Ministries, Inc., facilitating their growth and development through financial means.
Official website here: www.metromin.org
Who is the CEO of Miracleplaceinc?
Tim Marks is the President of Miracleplaceinc.
Official website here: www.metromin.org
What is the revenue of Miracleplaceinc?
Miracleplaceinc's revenue in 2022 was $0.
Official website here: www.metromin.org
Who are the executives of Miracleplaceinc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $182,402
- Other: $7,723
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $33,910
- Other: $741
Official website here: www.metromin.org
Where can I find the form 990 for Miracleplaceinc?
Miracleplaceinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.metromin.org
Learn more at the official website: www.metromin.org
Mission Statement of Miracleplaceinc
Miracleplace Inc, established in 2012, was initially formed as a supporting organization for Metropolitan Ministries, Inc. Its primary mission was to facilitate the New Market Tax Credit (NMTC) Chapter 1 funding for new construction projects. This role allowed Miracleplace Inc to contribute to Metropolitan Ministries, Inc.'s expansion efforts. In 2020 and 2021, the NMTC transactions were unwound, leading to the dissolution of Miracleplace Inc in June 2022. The assets of the dissolved entity were then transferred to Metropolitan Ministries, Inc. This transition marked the conclusion of Miracleplace Inc's role as a separate organization, as it merged its operations and resources with its supporting entity.
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Impact
October, 2024
Miracleplaceinc played a crucial role in supporting the mission and projects of Metropolitan Ministries, Inc. Established in 2012, it facilitated funding through the New Markets Tax Credit (NMTC) program, which enabled significant new construction initiatives to benefit the community. By acting as a supporting organization, Miracleplaceinc focused on enhancing social services and resources for individuals and families in need.
Its impact included the development of infrastructure that allowed Metropolitan Ministries to expand its reach and improve its service delivery, ultimately contributing to the reduction of homelessness and poverty in the Tampa area. Although Miracleplaceinc was dissolved in June 2022, its legacy continued through the transfer of assets to Metropolitan Ministries, ensuring that the support and resources developed during its operation would continue to benefit the community. This collaboration helped to bolster programs aimed at providing food, shelter, and support to vulnerable populations, reinforcing the commitment to uplifting those in crisis.
This information is meant to be a general summary of Miracleplaceinc. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2012
Phone
(813) 209-1000Principal Officer
Tim Marks
Main Address
2002 N FLORIDA AVENUE, TAMPA, FL, 33602
Website
www.metromin.orgNTEE Category
Code: X11 - Religion related
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