Overview
What is Adp Development Corporation?
Adp Development Corporation, based without specified location details in the provided information, is a nonprofit organization primarily known for its extensive equipment rental services. They cater to various events and requirements, offering a substantial inventory at reasonable rates. Notably, their members are entitled to discounts as a benefit. Beyond equipment rental, Adp Development Corporation is also responsible for property management, ensuring its upkeep, rent collection, and distributing the resulting income. This multifaceted role underscores their commitment to maintaining and maximizing the use of their resources for the betterment of their operations.
Official website here: www.anchoragedowntown.org
Is Adp Development Corporation legitimate?
Adp Development Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Adp Development Corporation submitted a form 990EZ, 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.
Official website here: www.anchoragedowntown.org
What is the mission statement of Adp Development Corporation?
Adp Development Corporation's mission, as stated, primarily focuses on property management. It aims to hold title to property, maintain it, collect rent, and distribute the net income. Though not explicitly mentioned, one can infer that their mission also includes ensuring the proper use and upkeep of their extensive equipment inventory, offering it for rent to various events and needs. Adp Development Corporation, through its rental service, provides access to equipment at reasonable costs, offering discounts to its members.
Official website here: www.anchoragedowntown.org
Who is the CEO of Adp Development Corporation?
Gretchen Fauske is the President of Adp Development Corporation.
Official website here: www.anchoragedowntown.org
What is the revenue of Adp Development Corporation?
Adp Development Corporation's revenue in 2022 was $102,508.
Official website here: www.anchoragedowntown.org
Who are the executives of Adp Development Corporation and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.anchoragedowntown.org
Where can I find the form 990EZ for Adp Development Corporation?
Adp Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.anchoragedowntown.org
Learn more at the official website: www.anchoragedowntown.org
Mission Statement of Adp Development Corporation
Adp Development Corporation, in its mission, holds the responsibility of maintaining property, collecting rent, and distributing net income. However, its primary role is to keep title to the property it manages. This corporation offers a substantial inventory of equipment for rent, catering to various needs and events. Notably, members of Adp Development Corporation benefit from discounted rental prices for this equipment. The corporation's mission is to ensure the upkeep of its properties and generate income, while also providing access to essential equipment for its clients.
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Impact
October, 2024
Adp Development Corporation plays a significant role in enhancing the community of Anchorage through its equipment rental services for events and various needs. By providing a diverse inventory of equipment, it facilitates local gatherings, celebrations, and events, thereby fostering community engagement and vibrancy.
The organization not only offers accessible rental options but also ensures that setup and takedown are included during normal operations, which simplifies the planning process for event organizers. Additionally, ADP members enjoy discounts on rentals, promoting participation and support for local initiatives.
Through its mission to hold and maintain property, collect rent, and distribute net income, Adp Development Corporation contributes to the economic stability of the area. This focus on community improvement not only enhances event experiences but also strengthens the local economy by making resources readily available for various purposes. Overall, Adp Development Corporation significantly impacts Anchorage by promoting community engagement, providing essential services, and supporting local projects.
This information is meant to be a general summary of Adp Development Corporation. 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 2022.
- Investment Income: $27
- Program Service Revenue: $53,148
- Gross Receipts: $102,508
Assets and Liabilities:
- Total Assets: $298,134
- Total Liabilities: $0
- Net Assets: $298,134
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Organization Details
Phone
(907) 279-5650Principal Officer
Gretchen Fauske
Main Address
750 W 2ND AVENUE STE 100, ANCHORAGE, AK, 99501
Website
www.anchoragedowntown.orgNTEE Category
Code: S47 - Community improvement
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