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Parambil Group Inc

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

EIN: 854346195 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Parambil Group Inc?

Parambil Group Inc is a dedicated nonprofit organization, situated yet undisclosed, committed to addressing the housing needs of low-income individuals, the elderly facing hardships, veterans, disabled persons, and single mothers. The group is actively engaged in their mission by soliciting donations and diligently searching for suitable housing options to provide affordable living spaces for these groups in need.

Is Parambil Group Inc legitimate?

Parambil Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parambil Group Inc 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 Parambil Group Inc?

Parambil Group Inc, as a nonprofit organization, is committed to providing affordable housing solutions for individuals who fall under the categories of low to moderate income, distressed elderly, veterans, disabled individuals, and single mothers. The organization is actively engaged in gathering donations and scouting for suitable housing options to realize its mission of making affordable housing accessible to those in need.

Who is the CEO of Parambil Group Inc?

Unavailable

What is the revenue of Parambil Group Inc?

Parambil Group Inc's revenue in 2022 was $104,990.

Who are the executives of Parambil Group Inc and what are their salaries?


There is 1 key member and their salary:


Jensen Philip (President, Secretary, Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Parambil Group Inc?

Parambil Group Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Parambil Group Inc

Parambil Group, a nonprofit organization, is committed to a noble mission. They strive to provide affordable housing options for individuals who fall into the categories of low to moderate income earners, distressed elderly, veterans, disabled individuals, and single mothers. This mission is not merely a statement, but an active pursuit. Parambil Group is continuously gathering donations and meticulously searching for suitable housing options to make their vision a reality. Their ultimate goal is to bring affordable housing within reach for those who are in need, contributing significantly to their well-being and quality of life.

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Impact




October, 2024

Parambil Group Inc significantly impacts the community by addressing the pressing need for affordable housing among vulnerable populations, including low to moderate-income individuals, distressed elderly, veterans, disabled persons, and single mothers. By actively sourcing donations and seeking suitable housing options, the organization plays a crucial role in improving the living conditions of those who might otherwise struggle to find safe and affordable housing.

Through its efforts, Parambil Group not only helps to alleviate the housing crisis faced by many but also fosters a sense of security and stability for families and individuals in challenging circumstances. This initiative can lead to stronger community ties, enhanced well-being, and a pathway to greater economic stability for its beneficiaries. The organization's commitment to affordable housing serves as a vital resource in Colorado Springs, aiming to create lasting positive change for those in need.




This information is meant to be a general summary of Parambil Group 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.

Revenue
$104,990 (2022)
Expenses
$2,370 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $105,002

Assets and Liabilities:

  • Total Assets: $118,762
  • Total Liabilities: $0
  • Net Assets: $118,762

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Organization Details

Main Address

121 SOUTH TEJON STREET 900, COLORADO SPRINGS, CO, 80903

NTEE Category

Code: L40 - Housing

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