Overview
What is Access Development Corporation?
Access Development Corporation is a nonprofit organization, specifically serving as a title-holding corporation for property. The property in question was previously owned by Access, a different 501(c)(3) organization. The corporation's primary role is to maintain the title of this property, and any income generated from renting it is contributed back to Access, the original nonprofit organization. The corporation operates out of Medford, Oregon, with a mailing address in PO Box 4666.
Is Access Development Corporation legitimate?
Access Development Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Access Development 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.
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What is the mission statement of Access Development Corporation?
Access Development Corporation's primary role is to serve as a title-holding corporation for property that was previously owned by Access, a non-profit organization under Section 501(c)(3). Its main mission is to hold the title to the property and generate funds by renting it out. These proceeds are then contributed back to the original non-profit organization, Access. This structure allows the non-profit to benefit from the rental income without directly owning the property.
Who is the CEO of Access Development Corporation?
Jonathan Bilden is the Vice Chair of Access Development Corporation.
What is the revenue of Access Development Corporation?
Access Development Corporation's revenue in 2022 was $216,296.
Who are the executives of Access Development Corporation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Access Development Corporation?
Access Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Access Development Corporation
Access Development Corporation's primary mission is centered around acting as a title-holding corporation for property. Previously owned by Access, a 501(c)(3) nonprofit organization, this corporation's role is to safeguard the title of such property. The main objective is to contribute the earnings derived from renting this property back to Access, the nonprofit entity. In essence, Access Development Corporation serves as a financial intermediary, supporting the activities of its nonprofit counterpart by managing property-related assets.
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Impact
October, 2024
Access Development Corporation significantly enhances community improvement efforts by effectively managing and holding title to properties. By doing so, it generates rental income, which is then contributed to Access, a 501(c)(3) organization. This financial support plays a crucial role in funding various programs and initiatives that benefit the community. Moreover, the corporation's work in property management helps ensure the responsible use and maintenance of assets, ultimately contributing to the overall well-being and development of the community in Medford, Oregon.
This information is meant to be a general summary of Access Development 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 2022.
- Program Service Revenue: $210,330
- Gross Receipts: $216,296
Assets and Liabilities:
- Total Assets: $3,478,105
- Total Liabilities: $661,670
- Net Assets: $2,816,435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$210,330
Organization Details
Founding Year
1995
Phone
(541) 779-6691Principal Officer
Jonathan Bilden
Main Address
PO BOX 4666, MEDFORD, OR, 97501
NTEE Category
Code: S47 - Community improvement
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