Overview
What is Shamrock Properties Inc?
Shamrock Properties Inc, located in Johnson City, Tennessee, operates as a nonprofit organization focusing on providing housing solutions for individuals undergoing drug rehabilitation treatment. Their primary activity involves the rental of residential properties, with a charitable mission to support this cause. The company files Form 990-T when it has debt-financed rental properties, indicating its commitment to its mission while managing its finances.
Official website here: www.shamrock-properties.org
Is Shamrock Properties Inc legitimate?
Shamrock Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Shamrock 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: $63,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.shamrock-properties.org
What is the mission statement of Shamrock Properties Inc?
Shamrock Properties Inc's mission involves providing housing for individuals undergoing drug rehabilitation treatment. The company is committed to this cause, filing the necessary form 990-T when its rental properties are debt-financed. The organization's primary activity revolves around the rental of residential properties, serving as a vital part of their rehabilitation journey. Shamrock Properties Inc's mission aligns with providing a supportive living environment for individuals seeking recovery, contributing to their overall well-being and rehabilitation process.
Official website here: www.shamrock-properties.org
What is the revenue of Shamrock Properties Inc?
Shamrock Properties Inc's revenue in 2024 was $369,245.
Official website here: www.shamrock-properties.org
Who are the executives of Shamrock Properties Inc and what are their salaries?
The average compensation at Shamrock Properties Inc during 2024 was $31,669. There are 2 employees at Shamrock Properties Inc.
Here are 4 key members and their salaries:
- Compensation: $31,669
- Related: $408,701
- Other: $0
- Compensation: $31,669
- Related: $398,698
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.shamrock-properties.org
Where can I find the form 990 for Shamrock Properties Inc?
Shamrock Properties Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.shamrock-properties.org
Learn more at the official website: www.shamrock-properties.org
Mission Statement of Shamrock Properties Inc
Shamrock Properties Inc, as a company, has a unique mission. Beyond its primary activity of renting residential property, it also has a charitable focus. Shamrock Properties provides housing for individuals undergoing drug rehabilitation treatment. This dual role is significant, as it allows the company to contribute to social welfare while still operating as a business. To facilitate this mission, Shamrock Properties files form 990-T, a tax form specifically used by organizations with debt-financed income. This action underscores its commitment to its charitable purpose, ensuring that it meets the necessary tax obligations for such organizations.
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Impact
October, 2024
Shamrock Properties Inc significantly impacts the community by providing essential housing for individuals undergoing drug rehabilitation treatment. By offering a stable and supportive living environment, Shamrock Properties plays a crucial role in the recovery process, allowing residents to focus on their rehabilitation without the additional stress of housing instability.
Located in Johnson City, TN, the organization addresses a critical need in the community by enhancing access to safe and affordable housing for those in recovery. This initiative not only aids individuals in their journey towards sobriety but also contributes to the overall improvement of the community by fostering a more stable and healthier population.
Through its commitment to provide housing linked to charitable efforts, Shamrock Properties helps break the cycle of addiction and homelessness, enabling residents to rebuild their lives. By filing form 990-T for its debt-financed rental properties, Shamrock Properties demonstrates financial transparency and accountability, further solidifying its positive role in community improvement.
This information is meant to be a general summary of Shamrock 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Gross Receipts: $976,705
Assets and Liabilities:
- Total Assets: $3,787,813
- Total Liabilities: $3,082,579
- Net Assets: $705,234
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Organization Details
Founding Year
1990
Principal Officer
Reve Mcdavid
Website
www.shamrock-properties.orgNTEE Category
Code: S47 - Community improvement
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