Circle Properties Inc

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

EIN: 541149593 ✦ Alexandria, VA ✦ Designated as a 501(c)(4)

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Overview

What is Circle Properties Inc?

Circle Properties Inc is a nonprofit organization situated in Alexandria, Virginia, dedicated to addressing the housing needs of low- and moderate-income families. As a housing development, construction, and management entity, they offer 6 units of accommodation within their programs. Their primary mission revolves around providing affordable housing options for those in need, demonstrating a commitment to social welfare and community development.

Is Circle Properties Inc legitimate?

Circle Properties Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Circle Properties Inc submitted a form 990EZ, 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.

What is the mission statement of Circle Properties Inc?

Circle Properties Inc's mission is centered around providing affordable housing for low and moderate income families. As a multifaceted organization, it engages in housing development, construction, and management activities. Its mission is realized through various programs, with a notable inclusion of 6 housing units designed for this income demographic.

Who is the CEO of Circle Properties Inc?

John Gibb is the President of Circle Properties Inc.

What is the revenue of Circle Properties Inc?

Circle Properties Inc's revenue in 2022 was $192,018.

Who are the executives of Circle Properties Inc and what are their salaries?


Here are 3 key members and their salaries:


John Gibb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael T Cranna (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamilah Mcafee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Circle Properties Inc?

Circle Properties Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Circle Properties Inc

Circle Properties Inc, a nonprofit organization, is dedicated to addressing the housing needs of low-income families. Its mission is embodied in various programs, primarily focusing on providing housing solutions for families with moderate incomes. Functioning as a housing development, construction, and management entity, Circle Properties Inc has constructed and manages six units of accommodation specifically designed for this demographic. The organization's work is instrumental in providing affordable housing options, thereby contributing to a more inclusive and equitable living environment.

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Impact




October, 2024

Circle Properties Inc significantly impacts the community by addressing the critical need for affordable housing. By providing six units specifically designed for low and moderate-income families, the organization plays a vital role in enhancing housing accessibility in Alexandria, VA. Its dedication to developing, constructing, and managing these properties ensures that families in need can find stable and affordable living conditions. This not only contributes to the well-being of individual families but also strengthens the overall community by promoting economic stability and growth. Through its various programs, Circle Properties Inc is instrumental in fostering safe and supportive living environments for those who are often overlooked in the housing market.




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

Revenue
$192,018 (2022)
Expenses
$104,324 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $347
  • Program Service Revenue: $86,671
  • Gross Receipts: $192,018

Assets and Liabilities:

  • Total Assets: $344,359
  • Total Liabilities: $422,038
  • Net Assets: -$77,679

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Organization Details

Principal Officer

John Gibb

Main Address

2311 HUNTINGTON AVENUE, ALEXANDRIA, VA, 22303

NTEE Category

Code: L20 - Housing

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