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Avery Properties Inc

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

EIN: 582328397 ✦ Decatur, GA ✦ Designated as a 501(c)(3)

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Overview

What is Avery Properties Inc?

Avery Properties Inc, located at 141 East College Avenue, Decatur, GA 30030, is a small charitable organization with a workforce of four individuals. The primary objective of this nonprofit is to provide affordable housing opportunities for the students attending Agnes Scott College. By doing so, Avery Properties Inc contributes to the advancement of the college's educational mission. The organization's activities are geared towards supporting Agnes Scott College's goals and enhancing the student experience.


Official website here: www.agnesscott.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star rating

Avery Properties Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization's overall score is based solely on its performance in the Accountability & Finance category, where it scored an exceptional 96%. This high rating indicates a well-managed nonprofit that prioritizes transparency and responsible stewardship of its resources.

The nonprofit demonstrates a solid governance structure, with 80% of its board members being independent. This independence is crucial for ensuring unbiased decision-making and effective oversight. Additionally, Avery Properties Inc has received full points in areas such as audits of financial statements and conflict of interest policies, showcasing its adherence to best practices in nonprofit governance.

Despite the outstanding score, there are no noted limitations in the data, which suggests that Avery Properties Inc operates with a high level of integrity and efficiency. The organization allocates a remarkable 99.54% of its expenses directly to programs, illustrating its focus on maximizing impact and ensuring that donations are utilized effectively for its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Avery Properties Inc legitimate?

Avery Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avery 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: $116,638

For more financial information, click here


Official website here: www.agnesscott.edu

What is the mission statement of Avery Properties Inc?

Avery Properties Inc functions as a charitable organization, dedicated to advancing the educational objectives of Agnes Scott College. The mission of Avery Properties Inc revolves around this commitment, focusing on providing resources to support the college's educational endeavors. One of their key initiatives is offering affordable housing solutions for the students of Agnes Scott College, ensuring their access to quality living conditions as they focus on their academics. This collaboration between Avery Properties Inc and Agnes Scott College aims to create an environment conducive to learning and personal growth for the students.


Official website here: www.agnesscott.edu

Who is the CEO of Avery Properties Inc?

Scott Randazza is the President Of Agnes Scott C of Avery Properties Inc.


Official website here: www.agnesscott.edu

What is the revenue of Avery Properties Inc?

Avery Properties Inc's revenue in 2022 was $28,468,179.


Official website here: www.agnesscott.edu

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

The average compensation at Avery Properties Inc during 2022 was $29,160. There are 4 employees and 4 volunteers at Avery Properties Inc.


Here are 7 key members and their salaries:


Leocadia I Zak (President Of Agnes Scott C)
  • Compensation: $0
  • Related: $281,463
  • Other: $54,134
Lea Ann Hudson (Assistant Secretary)
  • Compensation: $0
  • Related: $109,111
  • Other: $1,071
Scott Randazza (Vp Finance & Admin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loucy T Hay (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David D Weitnauer (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Walter Drake (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth H Noe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.agnesscott.edu

Where can I find the form 990 for Avery Properties Inc?

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


Official website here: www.agnesscott.edu

Learn more at the official website: www.agnesscott.edu

Mission Statement of Avery Properties Inc

Avery Properties Inc, a charitable organization, is dedicated to advancing the educational objectives of Agnes Scott College. By providing affordable housing solutions, this nonprofit contributes significantly to the College community.

The mission of Avery Properties Inc is multifaceted. At its core, it exists to ensure that students of Agnes Scott College have access to reasonably priced housing. By offering affordable housing, Avery Properties Inc enables students to focus on their academic pursuits without the added financial burden of exorbitant housing costs.

Moreover, Avery Properties Inc extends its support to Agnes Scott College's educational purposes beyond just housing. Its charitable nature stems from a deep commitment to furthering the College's mission. By providing affordable housing, the organization enhances the overall student experience, contributing to a thriving academic community.

In essence, Avery Properties Inc serves as a vital partner to Agnes Scott College, with its mission centered around enhancing the educational experience for students by addressing their housing needs.

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Impact




October, 2024

Avery Properties Inc significantly impacts the community by providing affordable housing options for students of Agnes Scott College in Decatur, GA. This initiative supports the educational pursuits of students by alleviating the financial burden often associated with housing costs. By ensuring that students have access to stable and affordable living conditions, Avery Properties Inc contributes to their overall well-being and academic success. This focus on affordable housing not only enhances the educational experience at Agnes Scott College but also fosters a supportive and inclusive environment for students. The organization plays a vital role in furthering the college's mission and promoting educational accessibility.




This information is meant to be a general summary of Avery 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
$28,468,179 (2022)
Expenses
$821,240 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,302,372
  • Program Service Revenue: $1,123,629
  • Gross Receipts: $31,267,291

Assets and Liabilities:

  • Total Assets: $29,198,763
  • Total Liabilities: $1,385
  • Net Assets: $29,197,378

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental Income

Revenue

$1,123,629

Organization Details

Founding Year

1997

Principal Officer

Scott Randazza

Main Address

141 East College Avenue, Decatur, GA, 30030

NTEE Category

Code: B110 - Education

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