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Jonas Realty Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475234687 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Jonas Realty Corp?

Jonas Realty Corp is a 501(c)(3) organization, serving as a functionally integrated supporting entity for Clark University, situated in Worcester, Massachusetts. Its primary role is to manage the land and building of the Shaich Family Alumni and Student Engagement Center. This nonprofit organization does not incur any service expenses associated with its programs, focusing solely on its management duties.

Is Jonas Realty Corp legitimate?

Jonas Realty Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jonas Realty Corp 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

What is the mission statement of Jonas Realty Corp?

Jonas Realty Corporation serves as a 501(c)(3) functionally integrated supporting organization for Clark University, primarily responsible for managing the land and building of the Shaich Family Alumni and Student Engagement Center. Its mission is centered around this purpose, with no direct service expenses. While Jonas Realty Corporation itself does not have a specific mission statement beyond this role, its activities are instrumental in supporting Clark University and its alumni and student engagement initiatives.

Who is the CEO of Jonas Realty Corp?

Danielle Manning is the President/Treasurer of Jonas Realty Corp.

What is the revenue of Jonas Realty Corp?

Jonas Realty Corp's revenue in 2022 was $372,776.

Who are the executives of Jonas Realty Corp and what are their salaries?


Here are 3 key members and their salaries:


Danielle Manning (President/Treasurer)
  • Compensation: $0
  • Related: $370,276
  • Other: $41,242
David Chearo (Vice President)
  • Compensation: $0
  • Related: $236,931
  • Other: $53,558
Gregory Degermajian (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jonas Realty Corp?

Jonas Realty Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jonas Realty Corp

Jonas Realty Corp, functioning as a 501(c)(3) supporting organization of Clark University, was established with a specific purpose. Its mission is centered around managing the land and building of the Shaich Family Alumni and Student Engagement Center. In this role, Jonas Realty Corp serves as a steward, ensuring the proper maintenance and utilization of this significant facility. The organization's activities do not involve direct service expenditures, indicating its focus on property management rather than providing direct services. This mission, in essence, supports Clark University by ensuring the ongoing availability and maintenance of a vital space for alumni and student engagement.

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Impact




October, 2024

Jonas Realty Corp plays a vital role in enhancing the educational and community engagement environment at Clark University through the management of the Shaich Family Alumni and Student Engagement Center. By overseeing this facility, Jonas Realty Corp provides a space that fosters connection among alumni, students, and the wider community, promoting a culture of ongoing involvement and support for the university. The center serves as a hub for various programs and activities, contributing to the overall mission of strengthening alumni relations and student engagement. Located in Worcester, MA, it not only supports Clark University but also enriches the local community by creating opportunities for collaboration and interaction in an educational setting.




This information is meant to be a general summary of Jonas Realty Corp. 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.

Revenue
$372,776 (2022)
Expenses
$710,040 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $372,776

Assets and Liabilities:

  • Total Assets: $21,730,708
  • Total Liabilities: $9,733,271
  • Net Assets: $11,997,437

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Organization Details

Founding Year

2015

Principal Officer

Danielle Manning

Main Address

950 Main Street, Worcester, MA, 01610

NTEE Category

Code: B12 - Education

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