Overview
What is Mpt Facility Inc?
Mpt Facility Inc is a nonprofit organization based in Newark, New Jersey, with an address at 125 Sussex Avenue. Its primary mission is to support the Marion P. Thomas Charter School by providing and managing suitable educational facilities for its high school students. In 2019, Mpt Facility maintained the school buildings, conducted necessary inspections, repairs, and ensured compliance with applicable school building codes. The organization was established with the goal of assisting the Friends of Marion P. Thomas and the school in the development and financing of public school facilities.
Is Mpt Facility Inc legitimate?
Mpt Facility Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mpt Facility 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
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What is the mission statement of Mpt Facility Inc?
Mpt Facility Inc, a non-profit organization, was established with the primary purpose of assisting the Friends of Marion P. Thomas and the Marion P. Thomas School in the development and financing of public school facilities. The organization's main role is to procure, manage, and lease educational facilities, which are then utilized by the Friends of MPTCS for their charter school operations. In 2019, Mpt Facility Inc provided the Marion P. Thomas Charter School with a modern, state-of-the-art building, ensuring it met the necessary requirements for a suitable school environment for high school students. Throughout the year, the organization maintained the building, conducted necessary inspections, repairs, and ensured compliance with applicable building codes for schools.
Who is the CEO of Mpt Facility Inc?
Garvey Ince is the Board Secretary of Mpt Facility Inc.
What is the revenue of Mpt Facility Inc?
Mpt Facility Inc's revenue in 2021 was $1,327,699.
Who are the executives of Mpt Facility Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Compensation: $125,000
- Related: $0
- Other: $0
Where can I find the form 990 for Mpt Facility Inc?
Mpt Facility Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mpt Facility Inc
Mpt Facility Inc, a non-profit corporation, was established with the primary objective of assisting the Friends of Marion P. Thomas and the Marion P. Thomas School in the development and financing of public school facilities. The organization's mission was to procure, manage, and improve educational facilities, which would then be leased to the Friends of MPTCS for their charter school operations. In 2019, Mpt Facility Inc provided the Marion P. Thomas Charter School with a state-of-the-art building, ensuring it met the necessary requirements to provide a suitable learning environment for its high school students. The organization maintained the building, carrying out necessary inspections, repairs, and ensuring compliance with applicable building codes for schools.
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Impact
October, 2024
Mpt Facility Inc has made a significant impact by providing essential support and infrastructure for the Marion P. Thomas Charter School in Newark, NJ. By acquiring and developing state-of-the-art school facilities, Mpt Facility Inc has ensured that students have access to a modern and conducive learning environment, which is crucial for their educational success.
The organization not only focused on the construction of these facilities but also maintained the buildings, ensuring they met all necessary safety and compliance standards throughout 2019. This proactive approach helps create a stable and secure environment for high school students, fostering their academic growth and overall well-being.
In essence, Mpt Facility Inc plays a vital role in advancing educational opportunities in the community by enhancing the physical infrastructure of the Marion P. Thomas Charter School, demonstrating a commitment to community improvement and the long-term success of its students.
This information is meant to be a general summary of Mpt Facility 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 2021.
- Investment Income: $60
- Program Service Revenue: $540,000
- Gross Receipts: $1,327,699
Assets and Liabilities:
- Total Assets: $27,105,188
- Total Liabilities: $36,720,136
- Net Assets: -$9,614,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$540,000
Organization Details
Founding Year
2013
Phone
(973) 621-0015Principal Officer
Garvey Ince
Main Address
125 SUSSEX AVENUE, NEWARK, NJ, 07103
NTEE Category
Code: S47 - Community improvement
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