Overview
What is Community Service Foundation Inc?
Community Service Foundation Inc, based in Wilmington, Delaware, primarily serves as a supporting organization for the Community Service Building. Their primary function is to lease commercial spaces to profit-making companies within the Community Service Building. The revenue generated from these rentals, after accounting for expenses, is then channeled towards Community Service Building, their affiliated organization. This financial support likely contributes to the overall operations and maintenance of the building, ultimately benefiting the wider community.
Is Community Service Foundation Inc legitimate?
Community Service Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Service Foundation 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 Community Service Foundation Inc?
The Community Service Foundation Inc. was established with a mission to serve as a supporting organization. Its primary goal is to generate rental income from commercial spaces, after deducting expenses. This revenue is then contributed to Community Service Building, an affiliated organization, to support its operations. In essence, the Community Service Foundation Inc. exists to financially support the Community Service Building, contributing to its overall objectives and operations.
Who is the CEO of Community Service Foundation Inc?
Jaime Bohn Cfm is the President of Community Service Foundation Inc.
What is the revenue of Community Service Foundation Inc?
Community Service Foundation Inc's revenue in 2022 was $275,781.
Who are the executives of Community Service Foundation Inc and what are their salaries?
There 3 volunteers at Community Service Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $165,355
- Other: $38,650
Where can I find the form 990 for Community Service Foundation Inc?
Community Service Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Service Foundation Inc
Community Service Foundation, as a supporting organization, was established with a specific mission. Its primary aim is to provide commercial rental spaces to for-profit companies, located within the Community Service Building in an unspecified location. The revenue generated from these rentals, after covering expenses, is then contributed to the Community Service Building, an affiliated organization. This contribution serves to support the operations and initiatives of the Community Service Building, thereby contributing to its overall mission and goals. In essence, Community Service Foundation functions as a financial intermediary, using its rental income to support the Community Service Building and its endeavors.
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Impact
October, 2024
Community Service Foundation Inc has a significant impact on the Wilmington, Delaware community by facilitating the provision of commercial rental space to for-profit companies within the Community Service Building. This arrangement generates rental revenue that is channelled directly to support the Community Service Building, ensuring its continued operation and ability to serve the community's needs.
By creating a steady flow of funds through these rentals, the organization plays a crucial role in sustaining the activities and programs of the Community Service Building. This relationship enhances the capacity of the supported organization to offer various services, reinforce local businesses, and contribute to the economic vitality of the area. Ultimately, the Community Service Foundation Inc helps create a symbiotic environment where local enterprises can thrive while simultaneously supporting broader community initiatives and philanthropy within Wilmington.
This information is meant to be a general summary of Community Service Foundation 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.
- Investment Income: $26
- Gross Receipts: $275,781
Assets and Liabilities:
- Total Assets: $513,810
- Total Liabilities: $17,860
- Net Assets: $495,950
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Organization Details
Founding Year
1995
Phone
(302) 777-3266Principal Officer
Jaime Bohn Cfm
Main Address
100 West 10th St Suite 201, Wilmington, DE, 198011632
NTEE Category
Code: T00Z - Philanthropy
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