Macdonald Training Center Properties Inc

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

EIN: 593010534 ✦ Tampa, FL ✦ Designated as a 501(c)(2)

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Overview

What is Macdonald Training Center Properties Inc?

Macdonald Training Center Properties Inc is a nonprofit organization with a unique mission, primarily focused on managing real and personal property and collecting income. This income is then channeled towards Macdonald Training Center, Inc., a related entity exempt from taxation under IRS Code Section 5001(C)(3). The purpose of this financial transaction is to support the operations of Macdonald Training Center, which empowers individuals with disabilities by providing innovative, high-quality vocational and life enrichment services, supported living services, and employment services. These services aim to break down societal barriers, enabling individuals with disabilities to lead fulfilling lives according to their choices.


Official website here: www.macdonaldcenter.org

Is Macdonald Training Center Properties Inc legitimate?

Macdonald Training Center Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Macdonald Training Center 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: $0

For more financial information, click here


Official website here: www.macdonaldcenter.org

What is the mission statement of Macdonald Training Center Properties Inc?

Macdonald Training Center Properties Inc's primary role is to hold title to real and personal property and collect income. The organization then transfers the entire income, less expenses, to Macdonald Training Center Inc., a related entity exempt from taxation under IRS Code Section 501(C)(3). This income is utilized by Macdonald Training Center Inc., which empowers individuals with disabilities by providing innovative, high-quality vocational and life enrichment day services, supported living services, and employment services. The aim is to break down societal barriers, enabling these individuals to lead the lives they choose.


Official website here: www.macdonaldcenter.org

Who is the CEO of Macdonald Training Center Properties Inc?

Karenne Levy is the President/Ceo of Macdonald Training Center Properties Inc. The CEO's salary of Macdonald Training Center Properties Inc is $0 and their total compensation is $130,230.


Official website here: www.macdonaldcenter.org

What is the revenue of Macdonald Training Center Properties Inc?

Macdonald Training Center Properties Inc's revenue in 2022 was $311,697.


Official website here: www.macdonaldcenter.org

Who are the executives of Macdonald Training Center Properties Inc and what are their salaries?

There 6 volunteers at Macdonald Training Center Properties Inc.


Here are 8 key members and their salaries (Macdonald Training Center Properties Inc's CEO's salary is $0 and their total compensation is $130,230):


Thomas Wood (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberlee Debosier (Vice Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Clark (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Castillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Diaz (Director (5/4/22-9/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Fuentes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karenne Levy (President/Ceo)
  • Compensation: $0
  • Related: $130,230
  • Other: $0
Judith Destasio (Cfo)
  • Compensation: $0
  • Related: $88,000
  • Other: $0


Official website here: www.macdonaldcenter.org

Where can I find the form 990 for Macdonald Training Center Properties Inc?

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


Official website here: www.macdonaldcenter.org

Learn more at the official website: www.macdonaldcenter.org

Mission Statement of Macdonald Training Center Properties Inc

Macdonald Training Center Properties Inc serves a unique purpose, primarily focused on managing real and personal property and generating income. This income, after deducting expenses, is then transferred in its entirety to Macdonald Training Center Inc, a related entity exempt from taxation under IRS Code Section 501(C)(3). While Macdonald Training Center Properties Inc's primary function revolves around property management and income generation, it plays a significant role in supporting its sister organization, Macdonald Training Center Inc.

Macdonald Training Center Inc, a nonprofit organization, is dedicated to empowering individuals with disabilities. Through innovative, high-quality vocational and life enrichment day services, supported living services, and employment services, Macdonald Training Center Inc aims to help disabled individuals lead the lives they choose and overcome societal barriers. By managing properties and generating income, Macdonald Training Center Properties Inc provides a crucial financial backing for its sibling organization, enabling Macdonald Training Center Inc to fulfill its mission more effectively.

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Impact




October, 2024

Macdonald Training Center Properties Inc plays a vital role in supporting the mission of Macdonald Training Center, which empowers individuals with disabilities to lead fulfilling lives. By holding and managing real and personal property, the organization generates income that is reinvested into programs and services that break down societal barriers faced by people with disabilities. This financial foundation enables the center to offer innovative vocational training, life enrichment day services, supported living, and employment opportunities, directly improving the quality of life for its participants.

Located in Tampa, Florida, Macdonald Training Center Properties Inc not only secures essential resources for Macdonald Training Center, but also contributes to community improvement by fostering an inclusive environment where individuals can thrive and achieve their personal and professional goals. Through its dedicated efforts, the organization significantly enhances the support structure necessary for individuals with disabilities to access meaningful opportunities and achieve greater independence.




This information is meant to be a general summary of Macdonald Training Center 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
$311,697 (2022)
Expenses
$297,091 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $311,697
  • Gross Receipts: $311,697

Assets and Liabilities:

  • Total Assets: $2,375,378
  • Total Liabilities: $404,030
  • Net Assets: $1,971,348

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Programs

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

RENTAL INCOME

Revenue

$311,697

Organization Details

Founding Year

1990

Principal Officer

Karenne Levy

Main Address

5420 W CYPRESS ST, TAMPA, FL, 336071706

NTEE Category

Code: S47 - Community improvement

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