Laradon Real Estate Corporation

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

EIN: 842934065 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Laradon Real Estate Corporation?

Laradon Real Estate Corporation, based in Denver, Colorado, serves as a crucial supporter for Laradon Hall Society for Exceptional Children and Adults, a 501(c)(3) nonprofit organization. By maintaining most of Laradon's property, plant, and equipment, Laradon Real Estate Corporation plays a significant role in facilitating Laradon's charitable mission. As the community development entity for New Market Tax Credits, they contribute to campus upgrades and improvements, which encompass enhancements to program spaces and the overall campus. By doing so, Laradon Real Estate Corporation is instrumental in supporting Laradon's mission to assist individuals with exceptional needs.


Official website here: www.laradon.org

What do the Facebook reviews say about Laradon Real Estate Corporation?

96% of 24 reviewers on Facebook recommend Laradon Real Estate Corporation. Here is a summary of their reviews:

The nonprofit is commended for its dedication to assisting individuals with disabilities, highlighting a positive impact in the community. Reviewers express gratitude for the services provided and hope for more organizations like Laradon to enhance the lives of those in need.

Overall, the sentiment is overwhelmingly supportive, with many appreciating the commitment to creating a better environment for people with disabilities. The organization clearly delivers on its mission, leaving a lasting impression on its supporters.


This AI summary has been generated from reviews found on Facebook.

Is Laradon Real Estate Corporation legitimate?

Laradon Real Estate Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laradon Real Estate Corporation 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.laradon.org

What is the mission statement of Laradon Real Estate Corporation?

Laradon Real Estate Corporation supports Laradon Hall Society for Exceptional Children and Adults, a 501(c)(3) tax-exempt entity. This support aids in the fulfillment of Laradon's charitable mission. The corporation, specifically Laradon Real Estate (LRE), plays a significant role by maintaining Laradon's property, plant, and equipment. LRE acts as the community development entity for the New Market Tax Credits received by Laradon for campus upgrades and improvements. These improvements encompass enhancements to program spaces and general campus development.


Official website here: www.laradon.org

Who is the CEO of Laradon Real Estate Corporation?

Corey Kala is the Ceo of Laradon Real Estate Corporation. The CEO's salary of Laradon Real Estate Corporation is $0 and their total compensation is $222,619.


Official website here: www.laradon.org

What is the revenue of Laradon Real Estate Corporation?

Laradon Real Estate Corporation's revenue in 2023 was $550,000.


Official website here: www.laradon.org

Who are the executives of Laradon Real Estate Corporation and what are their salaries?

There are 2 employees and 3 volunteers at Laradon Real Estate Corporation.


Here are 5 key members and their salaries (Laradon Real Estate Corporation's CEO's salary is $0 and their total compensation is $222,619):


Douglas Mcneill (Ceo)
  • Compensation: $0
  • Related: $213,388
  • Other: $9,231
Corey Kala (Cfo)
  • Compensation: $0
  • Related: $138,630
  • Other: $19,962
Larry Burgess (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacque Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Radulovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laradon.org

Where can I find the form 990 for Laradon Real Estate Corporation?

Laradon Real Estate Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.laradon.org

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

Mission Statement of Laradon Real Estate Corporation

Laradon Real Estate Corporation is committed to supporting Laradon Hall Society for Exceptional Children and Adults, a 501(c)(3) tax-exempt entity. This support is integral to Laradon's charitable mission, which aims to assist individuals with exceptional needs. Laradon Real Estate Corporation plays a significant role in maintaining Laradon's property, plant, and equipment. They serve as the community development entity for the New Market Tax Credits received by Laradon for campus upgrades and improvements. These enhancements encompass improvements to program spaces as well as the general campus, ensuring that Laradon can continue its mission effectively. Laradon Real Estate Corporation's support is crucial in enabling Laradon Hall Society for Exceptional Children and Adults to provide a conducive environment for its beneficiaries, enabling them to thrive and reach their full potential.

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Impact




October, 2024

Laradon Real Estate Corporation plays a crucial role in enhancing the quality of life for exceptional children and adults served by the Laradon Hall Society. By managing the majority of Laradon's property, facilities, and equipment, Laradon Real Estate ensures that the resources necessary for effective programming are well-maintained and accessible.

The corporation acts as a community development entity, facilitating the New Market Tax Credits that enable significant upgrades and improvements to the campus. These enhancements not only improve the program spaces but also foster a more inviting and functional environment for both services and the community. Through these efforts, Laradon Real Estate Corporation directly supports Laradon’s mission to provide exceptional human services, positively impacting the lives of those it serves in Denver, Colorado.




This information is meant to be a general summary of Laradon Real Estate 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.

Revenue
$550,000 (2023)
Expenses
$536,502 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $550,000
  • Gross Receipts: $550,000

Assets and Liabilities:

  • Total Assets: $17,901,791
  • Total Liabilities: $18,288,491
  • Net Assets: -$386,700

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Programs

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

RENTAL INCOME

Revenue

$550,000

Organization Details

Founding Year

2019

Principal Officer

Corey Kala

Main Address

5100 LINCOLN STREET, DENVER, CO, 80216

NTEE Category

Code: P11 - Human services

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