Overview
What is Mercy Drive Properties Inc?
Mercy Drive Properties Inc is a real estate entity situated in Forest Hills, New York. The company's primary role is to provide office space for a nonprofit organization named Mercy Drive Inc. By holding the property title, Mercy Drive Properties Inc facilitates the nonprofit's operations, ensuring they have a suitable workspace. The description does not disclose the specific mission or activities of Mercy Drive Inc, but it is implied that the nonprofit benefits from the office space provision.
Is Mercy Drive Properties Inc legitimate?
Mercy Drive Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Mercy Drive 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mercy Drive Properties Inc?
Mercy Drive Properties Inc, as outlined in the provided information, primarily serves the purpose of providing office space to the non-profit organization, Mercy Drive Inc. While the mission statement itself is not explicitly provided, it can be inferred that the mission of Mercy Drive Properties Inc is to support Mercy Drive Inc by providing them with a suitable and secure physical workspace, thereby enabling the non-profit organization to carry out its own activities and initiatives effectively. Mercy Drive Properties Inc also holds the title to the real estate property for Mercy Drive Inc, indicating a commitment to ensuring the long-term stability and continuity of the non-profit's physical operations. Overall, Mercy Drive Properties Inc plays a crucial role in enabling Mercy Drive Inc to fulfill its mission by providing it with a suitable and secure workspace.
What is the revenue of Mercy Drive Properties Inc?
Mercy Drive Properties Inc's revenue in 2023 was $27,414.
Who are the executives of Mercy Drive Properties Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Mercy Drive Properties Inc?
Mercy Drive Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mercy Drive Properties Inc
Mercy Drive Properties Inc, as the title holder of the real estate property, plays a crucial role in supporting Mercy Drive Inc, a non-profit organization. Their mission is centered around providing office space for this charitable entity. By offering a suitable workspace, Mercy Drive Properties Inc enables Mercy Drive Inc to carry out its operations effectively, thereby contributing to its overall mission and objectives. This partnership between the property management firm and the non-profit organization is essential for the smooth functioning and success of Mercy Drive Inc.
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Impact
October, 2024
Mercy Drive Properties Inc. plays a vital role in supporting community improvement by providing essential office space for Mercy Drive Inc. This organization holds the real estate title for the nonprofit, ensuring that it has a stable and dedicated environment to operate in. By facilitating this space, Mercy Drive Properties Inc. enables Mercy Drive Inc. to focus on its mission, which ultimately benefits the local community. The availability of dedicated office space enhances operational efficiency, allowing the nonprofit to better serve its clients and address critical needs within the community. Through this support, Mercy Drive Properties Inc. contributes significantly to the overall health and sustainability of community initiatives in Forest Hills, NY.
This information is meant to be a general summary of Mercy Drive 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 2023.
- Gross Receipts: $27,414
Assets and Liabilities:
- Total Assets: $3,464,010
- Total Liabilities: $3,011,272
- Net Assets: $452,738
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Organization Details
Founding Year
2016
NTEE Category
Code: S47 - Community improvement
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