Overview
What is Seadrunar Properties?
Seadrunar Properties is a nonprofit real estate holding corporation, specifically established for the exclusive purpose of managing properties used as living facilities for individuals undergoing drug treatment. Based in Seattle, Washington, the organization's primary mission is to collect income from these properties and subsequently transfer the entire amount, minus expenses, to an organization dedicated to providing shelter, care, treatment, guidance, and encouragement for individuals battling substance abuse. Seadrunar Properties plays a crucial role in supporting the rehabilitation process for individuals seeking recovery from drug addiction by providing suitable living accommodations.
Is Seadrunar Properties legitimate?
Seadrunar Properties is a legitimate nonprofit organization registered as a 501(c)(2) entity. Seadrunar Properties 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
What is the mission statement of Seadrunar Properties?
Seadrunar Properties is a not-for-profit real estate holding corporation with a specific purpose. Its mission is to manage property, collect income from it, and subsequently transfer the net earnings, after deducting expenses, to an organization that provides shelter, care, treatment, guidance, and encouragement to individuals struggling with drug addiction. This supporting organization also aims to assist in the rehabilitation of these individuals.
Who is the CEO of Seadrunar Properties?
Joe Barrett is the Director of Seadrunar Properties.
What is the revenue of Seadrunar Properties?
Seadrunar Properties's revenue in 2022 was $100,098.
Who are the executives of Seadrunar Properties and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seadrunar Properties?
Seadrunar Properties's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seadrunar Properties
Seadrunar Properties, a not-for-profit real estate holding corporation, has a distinct mission. It was established with the sole purpose of managing property and generating income. The corporation then transfers this income, after deducting expenses, to an organization that offers shelter, care, treatment, guidance, and encouragement to individuals struggling with drug use. This partnering organization is dedicated to aiding in the rehabilitation of these individuals, providing them with the necessary support and resources to overcome their addiction. Seadrunar Properties plays a crucial role in this process by providing a stable financial foundation, enabling the rehabilitation organization to focus on its primary mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Seadrunar Properties significantly impacts the community by providing essential real estate assets for drug treatment programs in Seattle. By owning and managing properties that serve as living facilities for individuals undergoing drug rehabilitation, it plays a crucial role in supporting those on their path to recovery. The organization ensures that these facilities are well-maintained and conducive to healing, which is vital for clients as they transition towards healthier lifestyles.
Through its activities, Seadrunar Properties contributes to broader community improvement by addressing the pressing issue of substance abuse. By facilitating stable housing for clients, it enhances their chances of successful rehabilitation and reintegration into society. This, in turn, fosters a safer and more supportive environment for all residents, reducing the stigma associated with addiction and creating pathways for individuals to rebuild their lives.
Overall, Seadrunar Properties works in partnership with the Seattle Drug and Narcotic Center, amplifying access to necessary resources and support that play a key role in transforming the lives of those affected by substance use disorders.
This information is meant to be a general summary of Seadrunar Properties. 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: $100,098
- Gross Receipts: $100,098
Assets and Liabilities:
- Total Assets: $2,123,832
- Total Liabilities: $243,719
- Net Assets: $1,880,113
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$100,098
Organization Details
Founding Year
1978
Phone
(206) 767-0244Principal Officer
Joe Barrett
Main Address
PO BOX 80864, SEATTLE, WA, 98108
NTEE Category
Code: S47 - Community improvement
If you are a representative of Seadrunar Properties and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.