Overview
What is Commonplace Practice?
Commonplace Practice is a nonprofit organization that promotes collaboration and community development. By offering shared work and meeting spaces, this charitable entity caters to organizations that operate under the tax-exempt status of section 501c3 of the Internal Revenue Code, focusing on charitable, educational, or scientific pursuits. Commonplace Practice's mission is to create an environment that fosters cooperation and strengthens the impact of these organizations within their respective communities.
Is Commonplace Practice legitimate?
Commonplace Practice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonplace Practice 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.
What is the mission statement of Commonplace Practice?
Commonplace Practice serves a mission to promote collaboration and community development among organizations with charitable, educational, or scientific purposes that are tax-exempt under section 501c3 of the Internal Revenue Code. They achieve this by coordinating the sharing of work and meeting spaces, thereby fostering an environment that encourages mutual support and collaboration among these organizations. The goal is to provide a platform where these organizations can pool their resources and resources, ultimately contributing to the betterment of their respective causes.
Who is the CEO of Commonplace Practice?
John Taylor is the President of Commonplace Practice.
What is the revenue of Commonplace Practice?
Commonplace Practice's revenue in 2022 was $139,997.
Who are the executives of Commonplace Practice and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Commonplace Practice?
Commonplace Practice's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Commonplace Practice
Commonplace Practice, as an organization, plays a significant role in promoting collaboration and community development. It accomplishes this by coordinating shared work and meeting spaces for nonprofit entities that fall under the category of charitable, educational, or scientific purposes, as exempted by section 501c3 of the Internal Revenue Code. By providing a platform for these organizations to collaborate and share resources, Commonplace Practice fosters a sense of unity and mutual support within the community, ultimately contributing to the betterment of society.
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Impact
October, 2024
Commonplace Practice has a significant impact on collaboration and community development in Traverse City, MI. By providing shared work and meeting spaces, it brings together organizations focused on charitable, educational, and scientific endeavors. This collaborative environment not only enhances the efficiency and productivity of these organizations but also fosters a sense of community among them.
Through its coordinated efforts, Commonplace Practice serves as a catalyst for innovation and partnership, enabling these entities to share resources, ideas, and best practices. This synergy contributes to the overall improvement of community services and initiatives, reinforcing the social fabric of the area. The integration of diverse groups under one roof encourages cross-sector dialogue and collaboration, ultimately promoting growth and sustainability in the region.
In summary, Commonplace Practice plays a vital role in enhancing community improvement by uniting organizations that share a common goal of making a positive impact through their respective missions.
This information is meant to be a general summary of Commonplace Practice. 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.
- Program Service Revenue: $139,997
- Gross Receipts: $139,997
Assets and Liabilities:
- Total Assets: $297,840
- Total Liabilities: $322,100
- Net Assets: -$24,260
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Organization Details
Principal Officer
John Taylor
Main Address
425 Boardman Ave Ste C, Traverse City, MI, 49686
NTEE Category
Code: S99 - Community improvement
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