Overview
What is Marbury Terrace Inc?
Marbury Terrace Inc is a nonprofit organization based in Jamaica Plain, Massachusetts, with an address at 179 Amory Street, 02130. Their primary mission is to support the operations of Community Servings Inc by managing real estate and related debt. Essentially, Marbury Terrace Inc is involved in real estate development, contributing to the ongoing activities of Community Servings Inc. The exact nature of their involvement in real estate development is not specified in the provided information.
Is Marbury Terrace Inc legitimate?
Marbury Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marbury Terrace 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 Marbury Terrace Inc?
Marbury Terrace Inc's mission is centered around real estate development, specifically to support the operations of Community Servings Inc. In essence, Marbury Terrace Inc holds real estate and related debt, serving as a financial backbone for Community Servings Inc's operations. This mission allows Community Servings Inc to continue its work in providing meals and nutrition services to individuals and families facing critical illnesses or other challenges.
Who is the CEO of Marbury Terrace Inc?
David Waters is the Director of Marbury Terrace Inc.
What is the revenue of Marbury Terrace Inc?
Marbury Terrace Inc's revenue in 2022 was $822,238.
Who are the executives of Marbury Terrace Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $277,854
- Other: $43,860
- Compensation: $0
- Related: $183,772
- Other: $20,821
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- Related: $152,096
- Other: $19,090
- Compensation: $0
- Related: $137,440
- Other: $35,908
- Compensation: $0
- Related: $151,682
- Other: $10,946
Where can I find the form 990 for Marbury Terrace Inc?
Marbury Terrace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marbury Terrace Inc
Marbury Terrace Inc, as a nonprofit organization, is dedicated to supporting the operations of Community Servings Inc. Their mission is achieved through real estate development, holding properties and related debt. By doing so, Marbury Terrace Inc contributes to the overarching goal of Community Servings Inc, whose mission is not specified in the provided information. However, it can be inferred that Marbury Terrace Inc plays a crucial role in providing the necessary infrastructure and financial support for Community Servings Inc to carry out its community-serving activities.
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Impact
October, 2024
Marbury Terrace Inc. significantly impacts the community by facilitating real estate development aimed at enhancing the operations of Community Servings, Inc. Located in Jamaica Plain, MA, Marbury Terrace Inc. plays a vital role in supporting initiatives that provide essential services to the community. By managing real estate assets and related debt, it ensures that Community Servings can effectively deliver its programs, which ultimately contribute to better housing solutions and improved access to resources for those in need. This synergy not only strengthens community support systems but also helps foster a more resilient and vibrant community in the region.
This information is meant to be a general summary of Marbury Terrace 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: $235
- Gross Receipts: $822,238
Assets and Liabilities:
- Total Assets: $26,618,029
- Total Liabilities: $19,874,809
- Net Assets: $6,743,220
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Organization Details
Founding Year
2007
Phone
(617) 522-7777Principal Officer
David Waters
Main Address
179 AMORY STREET, JAMAICA PLAIN, MA, 02130
NTEE Category
Code: L02 - Housing
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