Overview
What is People's Place Properties Inc?
People's Place Properties Inc serves as a title holding company, with a primary objective of supporting its associated programs. The organization's mission is fulfilled through a 501(c)(2) title holding entity, which in turn benefits a 501(c)(3) organization named People's Place ii Inc. Positioned in Milford, DE, this nonprofit organization plays a crucial role in upholding its mission.
Is People's Place Properties Inc legitimate?
People's Place Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. People's Place Properties 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: $45,116
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What is the mission statement of People's Place Properties Inc?
People's Place Properties Inc functions as a title holding company, with its primary mission being to support its associated programs. One of these programs is a 501(c)(2) entity that provides benefits to a 501(c)(3) organization, People's Place ii Inc, which is situated elsewhere. People's Place Properties Inc's role is to facilitate and aid in the operations of this non-profit organization.
Who is the CEO of People's Place Properties Inc?
Mamie Charest is the Director of People's Place Properties Inc.
What is the revenue of People's Place Properties Inc?
People's Place Properties Inc's revenue in 2022 was $451,229.
Who are the executives of People's Place Properties Inc and what are their salaries?
There 3 volunteers at People's Place Properties Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for People's Place Properties Inc?
People's Place Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of People's Place Properties Inc
People's Place Properties Inc serves as a title holding company, dedicated to supporting its programs. Central to its mission is a 501(c)(2) entity, which functions as a benefactor to People's Place ii Inc, a 501(c)(3) organization. This nonprofit organization, based in Milford, DE, is the primary recipient of People's Place Properties Inc's support. While the specific activities and initiatives of People's Place ii Inc are not detailed in the provided information, it can be inferred that People's Place Properties Inc plays a crucial role in financing and fostering the growth of this charitable organization. This mission highlights People's Place Properties Inc's commitment to contributing to the betterment of its affiliated nonprofit and, by extension, the communities it serves.
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Impact
October, 2024
People's Place Properties Inc significantly contributes to community improvement by operating as a title holding company focused on supporting vital programs in Milford, DE. Its structure involves a 501(c)(2) title holding company that directly benefits the 501(c)(3) organization, People's Place ii Inc. Through this arrangement, it plays a crucial role in providing resources and stability, thereby enhancing the overall effectiveness of its supportive programs. By ensuring the management and protection of assets, People's Place Properties Inc enables its affiliated organization to focus on delivering services that positively impact individuals and families in the community.
This information is meant to be a general summary of People's Place Properties 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: $103
- Gross Receipts: $451,229
Assets and Liabilities:
- Total Assets: $4,592,469
- Total Liabilities: $4,015,116
- Net Assets: $577,353
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Organization Details
Founding Year
1995
Phone
(302) 422-8033Principal Officer
Mamie Charest
Main Address
1129 AIRPORT ROAD, MILFORD, DE, 199636418
NTEE Category
Code: S47 - Community improvement
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