Overview
What is Hampton-Newport News Community Services Board Property Company?
Hampton-Newport News Community Services Board Property Company is a nonprofit entity, specifically established to support the objectives of the Hampton-Newport News Community Services Board. The primary role of this organization is to own real estate, which is directly utilized for the administration and programs of the Board. The expenses related to this property use are managed by the Hampton-Newport News Community Services Board Property Company. The purpose of this arrangement is to advance the broader mission of the Community Services Board, which focuses on various community services. The company's role is instrumental in providing the necessary infrastructure for the Board's operations and programs, contributing to the overall well-being of the community.
Is Hampton-Newport News Community Services Board Property Company legitimate?
Hampton-Newport News Community Services Board Property Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hampton-Newport News Community Services Board Property Company 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 Hampton-Newport News Community Services Board Property Company?
The Hampton-Newport News Community Services Board Property Company's mission is to support the objectives of the Hampton-Newport News Community Services Board. This support is primarily achieved by owning real estate that directly benefits the administration and programs of the board. The company's activities are primarily focused on covering expenses related to the use of these properties by the Hampton-Newport News Community Services Board.
What is the revenue of Hampton-Newport News Community Services Board Property Company?
Hampton-Newport News Community Services Board Property Company's revenue in 2023 was $1,758,421.
Who are the executives of Hampton-Newport News Community Services Board Property Company and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $200,292
- Other: $26,450
- Compensation: $0
- Related: $132,894
- Other: $3,600
- Compensation: $0
- Related: $104,642
- Other: $28,255
- 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 Hampton-Newport News Community Services Board Property Company?
Hampton-Newport News Community Services Board Property Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hampton-Newport News Community Services Board Property Company
The Hampton-Newport News Community Services Board Property Company exists with the primary objective of furthering the purposes of the Hampton-Newport News Community Services Board. This is achieved through the ownership of real estate, which is directly utilized for the administration and programs of the board. In simpler terms, this company serves as a property arm for the Hampton-Newport News Community Services Board, providing them with the necessary real estate for the effective operation of their programs and administrative activities.
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Impact
October, 2024
Hampton-Newport News Community Services Board Property Company plays a crucial role in enhancing community services by owning and managing real estate that supports the administrative and programmatic needs of the Hampton-Newport News Community Services Board. By securing and maintaining properties specifically for these purposes, the organization ensures that essential services can be delivered effectively to the community. This focus on property management allows for better resource allocation, contributing to improved access and quality of services offered to residents. Ultimately, the organization's efforts contribute to community improvement by fostering a stable environment for various programs aimed at enhancing public welfare and support systems.
This information is meant to be a general summary of Hampton-Newport News Community Services Board Property Company. 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 2023.
- Investment Income: $2,258
- Program Service Revenue: $1,756,163
- Gross Receipts: $1,758,421
Assets and Liabilities:
- Total Assets: $20,562,004
- Total Liabilities: $11,691,991
- Net Assets: $8,870,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$1,756,163
Organization Details
Founding Year
1994
Principal Officer
Natale Christian
NTEE Category
Code: S190 - Community improvement
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