Overview
What is Esop Realty Inc?
Esop Realty Inc is a dedicated nonprofit real estate agency based on a mission to aid both buyers and sellers of all ages in realizing their dream of homeownership. They collaborate with community development corporations and affordable housing developers to make this dream more attainable, affordable, and sustainable for a broader community segment. Esop Realty's ultimate goal is to empower individuals to overcome poverty by successfully transitioning into homeownership. As a key player in this field, they strive to expand homeownership opportunities, ultimately fostering a more inclusive and prosperous community.
Is Esop Realty Inc legitimate?
Esop Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esop Realty Inc submitted a form 990EZ, 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.
What is the mission statement of Esop Realty Inc?
Esop Realty Inc, functioning as a nonprofit real estate agency, is committed to assisting both buyers and sellers, regardless of age, in achieving homeownership. The organization collaborates with community development corporations and affordable housing developers to make homeownership more accessible, affordable, and sustainable for a larger portion of the community. Esop Realty Inc's mission is to help individuals rise above poverty by realizing the dream of owning a home.
Who is the CEO of Esop Realty Inc?
Michael Billnitzer is the Executive Director of Esop Realty Inc. The CEO's salary of Esop Realty Inc is $0 and their total compensation is $0.
What is the revenue of Esop Realty Inc?
Esop Realty Inc's revenue in 2022 was $169,361.
Who are the executives of Esop Realty Inc and what are their salaries?
Here are 10 key members and their salaries (Esop Realty Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Esop Realty Inc?
Esop Realty Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Esop Realty Inc
Esop Realty Inc, as a nonprofit real estate agency, is dedicated to aiding both buyers and sellers of various ages in achieving homeownership. This mission is carried out in partnership with community development corporations and affordable housing developers, with the goal of making homeownership more accessible, affordable, and sustainable for a broader segment of the community. Esop Realty Inc's ultimate objective is to assist individuals in transcending poverty, realizing the dream of homeownership, and thereby enhancing their overall quality of life.
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Impact
October, 2024
Esop Realty Inc plays a vital role in promoting homeownership in Cleveland, Ohio, by assisting buyers and sellers of all ages in accessing affordable housing options. Through strategic partnerships with community development corporations and affordable housing developers, Esop Realty works to make homeownership not just a dream but a reality for many individuals and families in the community.
The agency's commitment to sustainability ensures that homeownership is maintained for the long term, contributing to neighborhood stability and community growth. By empowering people to transcend poverty through real estate opportunities, Esop Realty fosters economic mobility and improves the overall quality of life for its clients. This impact is felt not just on an individual level but throughout the community, fostering a sense of belonging and promoting social cohesion.
This information is meant to be a general summary of Esop Realty 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.
- Program Service Revenue: $116,811
- Gross Receipts: $169,361
Assets and Liabilities:
- Total Assets: $14,979
- Total Liabilities: $165,202
- Net Assets: -$150,223
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Organization Details
Phone
(216) 361-0718Principal Officer
Michael Billnitzer
Main Address
11890 FAIRHILL ROAD, CLEVELAND, OH, 44120
NTEE Category
Code: L21 - Housing
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