Overview
What is Parsons Avenue Redevelopment Corporation?
Parsons Avenue Redevelopment Corporation is a nonprofit organization located at 946 Parsons Avenue, Columbus, Ohio. Their primary mission is to revitalize Parsons Avenue in Columbus, aiming to improve the quality of life for residents in surrounding neighborhoods and establish a stable business environment. To achieve this, they focus on renovating commercial properties at 921-923 Parsons Avenue. This redevelopment initiative is expected to positively impact the community by enhancing its overall appeal and fostering a thriving business environment.
Is Parsons Avenue Redevelopment Corporation legitimate?
Parsons Avenue Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parsons Avenue Redevelopment Corporation 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.
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What is the mission statement of Parsons Avenue Redevelopment Corporation?
The Parsons Avenue Redevelopment Corporation is committed to revitalizing a specific avenue, with the primary goal of enhancing the quality of life for residents in nearby neighborhoods. By doing so, they aim to establish a stable business environment. Their activities include the renovation of commercial properties located at 921-923 Parsons Avenue. This redevelopment initiative is intended to bring about positive changes and improvements in the community, ultimately benefiting the local residents.
What is the revenue of Parsons Avenue Redevelopment Corporation?
Parsons Avenue Redevelopment Corporation's revenue in 2023 was $39,092.
Who are the executives of Parsons Avenue Redevelopment Corporation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Parsons Avenue Redevelopment Corporation?
Parsons Avenue Redevelopment Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Parsons Avenue Redevelopment Corporation
Parsons Avenue Redevelopment Corporation, a nonprofit organization, is dedicated to revitalizing a specific avenue in a city, aiming to enhance the quality of life for residents in nearby neighborhoods and establish a stable business environment. Their mission is twofold: firstly, they strive to revitalize the avenue, and secondly, they aim to improve the lives of the community members living in the surrounding areas. This objective is achieved through the renovation of commercial properties located at 921-923 Parsons Avenue. The corporation's work in this area contributes to the overall betterment of the community by fostering a more vibrant and thriving business environment.
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Impact
October, 2024
Parsons Avenue Redevelopment Corporation significantly impacts the community by revitalizing Parsons Avenue in Columbus, Ohio. This initiative enhances the quality of life for residents in the surrounding neighborhoods and fosters a stable business environment. By focusing on the renovation of commercial properties, such as those at 921-923 Parsons Avenue, the organization contributes to economic growth and community pride. The efforts not only improve the physical landscape but also encourage local business development, ultimately creating a vibrant and supportive atmosphere for both residents and entrepreneurs.
This information is meant to be a general summary of Parsons Avenue Redevelopment Corporation. 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 2023.
- Investment Income: -$16,463
- Gross Receipts: $39,092
Assets and Liabilities:
- Total Assets: $235,009
- Total Liabilities: $8,490
- Net Assets: $226,519
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Organization Details
Founding Year
2014
Principal Officer
Michael Premo
NTEE Category
Code: S20 - Community improvement
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