Overview
What is East Lake Shopping Center Inc?
East Lake Shopping Center Inc is a nonprofit organization based in Atlanta, Georgia, specifically located at 3445 Peachtree Road Suite 175, with a ZIP code of 30326. The primary objective of this organization is to generate income through property management and expenses, subsequently transferring this income to the CF Foundation, a Georgia-based nonprofit entity. While the focus of East Lake Shopping Center Inc is property management and income generation, it plays an indirect role in supporting the CF Foundation's mission.
Is East Lake Shopping Center Inc legitimate?
East Lake Shopping Center Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. East Lake Shopping Center 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 East Lake Shopping Center Inc?
East Lake Shopping Center Inc's primary role is to manage a property, generating income after covering expenses. This income is then transferred to the CF Foundation, a Georgia-based non-profit organization. Essentially, East Lake Shopping Center Inc serves as a financial intermediary, contributing to the CF Foundation's charitable activities. The specific mission or objectives of the CF Foundation, however, are not provided in the information given.
What is the revenue of East Lake Shopping Center Inc?
East Lake Shopping Center Inc's revenue in 2020 was $1,016,635.
Who are the executives of East Lake Shopping Center Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $106,966
- Other: $35,136
Where can I find the form 990 for East Lake Shopping Center Inc?
East Lake Shopping Center Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of East Lake Shopping Center Inc
East Lake Shopping Center Inc, as a not-for-profit organization, is committed to a specific mission. It primarily focuses on managing and generating income from its property holdings, with the intention of then transferring these funds to the CF Foundation, a Georgia-based charitable organization. In simpler terms, the center's purpose is to collect revenues from its properties and use them to support the CF Foundation's charitable activities. This mission is crucial in contributing to the CF Foundation's efforts to improve various aspects of society, as per its own objectives.
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Impact
October, 2024
East Lake Shopping Center Inc plays a significant role in community improvement in Atlanta, GA, by managing and leveraging property assets for financial sustainability. By holding property and collecting income, the organization utilizes resources effectively to generate funds for community-oriented initiatives. The income generated, after covering expenses, is directed to the CF Foundation, a Georgia nonprofit organization, further supporting local development efforts and enhancing the overall well-being of the community. This approach not only contributes to the economic growth of the area but also fosters a sense of stability and progress within the community.
This information is meant to be a general summary of East Lake Shopping Center 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 2020.
- Investment Income: $926,062
- Gross Receipts: $2,102,169
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1998
Principal Officer
William C Wren
NTEE Category
Code: S47 - Community improvement
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