Overview
What is Proremm Corporation?
Proremm Corporation is a nonprofit organization situated in Poway, California. Its primary objective is to support first-time homebuyers by providing them with the first right of refusal, thereby enabling them to secure a property without facing competition from more financially capable buyers. Beyond this, Proremm Corporation also dedicates itself to educating individuals about home purchasing and real estate investment. This mission is accomplished through educational programs and resources, aiming to empower potential homeowners and investors.
Is Proremm Corporation legitimate?
Proremm Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proremm 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Proremm Corporation?
Proremm Corporation is dedicated to providing first-time homebuyers with an opportunity to purchase properties with the first right of refusal, thereby bypassing competition from stronger buyers. Beyond this, the organization also focuses on educating individuals about home buying and real estate investment. Its mission is to empower these homebuyers, offering them valuable insights and knowledge to make informed decisions in the realm of property acquisition.
What is the revenue of Proremm Corporation?
Proremm Corporation's revenue in 2023 was $227,804.
Who are the executives of Proremm Corporation and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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Where can I find the form 990 for Proremm Corporation?
Proremm Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Proremm Corporation
Proremm Corporation, as a nonprofit organization, is committed to providing first-time homebuyers with an opportunity they often lack in the competitive housing market. The organization offers these buyers the first right of refusal, enabling them to bypass stronger competitors and secure a home. Beyond this, Proremm Corporation is also dedicated to educating individuals about home buying and real estate investment. This mission aims to empower first-time homebuyers, equipping them with the necessary knowledge and tools to make informed decisions in the housing market.
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Impact
October, 2024
Proremm Corporation significantly impacts first-time homebuyers by providing them with unique opportunities to purchase homes. By offering the First Right of Refusal, the organization empowers these buyers to bypass competition from more financially robust individuals, making homeownership more accessible.
In addition to facilitating home purchases, Proremm Corporation emphasizes education, equipping individuals with essential knowledge about home buying and real estate investment. This focus on education not only prepares buyers for their immediate needs but also fosters long-term financial literacy and stability. With its operations based in Poway, CA, Proremm Corporation plays a crucial role in shaping the local real estate landscape, promoting equitable access to homeownership for aspiring buyers.
This information is meant to be a general summary of Proremm 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 2023.
- Gross Receipts: $812,000
Assets and Liabilities:
- Total Assets: $292,089
- Total Liabilities: $248,000
- Net Assets: $44,089
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Organization Details
Principal Officer
Kathleen Nguyen
NTEE Category
Code: B99 - Education
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