Synetics Corporation

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

EIN: 510320157 ✦ Wilmington, DE ✦ Designated as a 501(c)(2)

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Overview

What is Synetics Corporation?

Synetics Corporation, a nonprofit organization situated in Wilmington, Delaware, is dedicated to providing affordable housing solutions for individuals battling mental illnesses. Their primary mission revolves around ensuring that those in need have access to suitable living arrangements. This mission is crucial in addressing the unique challenges faced by this demographic, thereby enhancing their overall well-being.

Is Synetics Corporation legitimate?

Synetics Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Synetics 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.


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 Synetics Corporation?

Synetics Corporation, a real estate organization, is committed to providing affordable housing solutions for individuals grappling with mental illness. Their mission is centered around this specific population, aiming to create living environments that are both accessible and affordable for those in need. The organization's work seeks to address the unique housing challenges faced by mentally ill individuals, offering them a safe and supportive living space.

Who is the CEO of Synetics Corporation?

Dr Joshua Thomas is the President of Synetics Corporation.

What is the revenue of Synetics Corporation?

Synetics Corporation's revenue in 2023 was $593,319.

Who are the executives of Synetics Corporation and what are their salaries?

There 9 volunteers at Synetics Corporation.


Here are 9 key members and their salaries:


Dr Joshua Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merton B Briggs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Mcnally (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Galbraith (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Barbieri (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burley Melton (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lisa Deleonardo (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Shute (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lt Harold Bozeman (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Synetics Corporation?

Synetics Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Synetics Corporation

Synetics Corporation, a real estate organization, is committed to providing affordable housing for individuals dealing with mental illness. Their mission is centered around addressing the housing needs of this vulnerable population, ensuring they have access to safe and affordable living spaces. By focusing on this crucial area, Synetics Corporation aims to contribute positively to the well-being and stability of these individuals, enabling them to live with dignity and independence.

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Impact




October, 2024

Synetics Corporation significantly impacts the community by focusing on affordable housing solutions specifically tailored for individuals with mental illness. By addressing the critical need for accessible housing options, the organization helps to improve the quality of life for this vulnerable population in Wilmington, DE.

Through its efforts, Synetics Corporation not only provides a safe and stable living environment but also fosters a sense of community and belonging among residents. This initiative contributes to broader community improvement by reducing homelessness and promoting mental well-being, ultimately bolstering social stability. By prioritizing affordable housing, Synetics Corporation plays a vital role in enhancing the overall health and resilience of the Wilmington community.




This information is meant to be a general summary of Synetics 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.

Revenue
$593,319 (2023)
Expenses
$563,716 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $19,687
  • Program Service Revenue: $573,632
  • Gross Receipts: $593,319

Assets and Liabilities:

  • Total Assets: $2,470,053
  • Total Liabilities: $1,148,153
  • Net Assets: $1,321,900

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FACILITY INCOME

Revenue

$573,632

Organization Details

Founding Year

1989

Principal Officer

Dr Joshua Thomas

Main Address

2400 WEST 4TH STREET, WILMINGTON, DE, 19805

NTEE Category

Code: S47 - Community improvement

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