Overview
What is Free At Last Properties Inc?
Free At Last Properties Inc is a nonprofit organization, serving as a subsidiary of its parent corporation, Free At Last Community Recovery and Rehabilitation Services Inc. Their primary function is to invest in real estate, utilizing these properties to support the operations of their parent company. Based in East Palo Alto, California, this nonprofit plays a crucial role in furthering the mission of its parent organization.
Is Free At Last Properties Inc legitimate?
Free At Last Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free At Last Properties Inc 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: $22,954
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What is the mission statement of Free At Last Properties Inc?
Free At Last Properties Inc, being a nonprofit subsidiary corporation, is primarily tasked with investing in real estate to aid in the operations of its parent company, Free at Last Community Recovery and Rehabilitation Services Inc. This real estate investment serves as a strategic resource, contributing to the overall function and success of the parent corporation. The mission of Free At Last Properties Inc is essentially focused on supporting its parent company's objectives through its real estate investments.
Who is the CEO of Free At Last Properties Inc?
Gerardo Barragan is the Board President of Free At Last Properties Inc.
What is the revenue of Free At Last Properties Inc?
Free At Last Properties Inc's revenue in 2021 was $179,211.
Who are the executives of Free At Last Properties Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Free At Last Properties Inc?
Free At Last Properties Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Free At Last Properties Inc
Free At Last Properties Inc, as a nonprofit subsidiary corporation, is primarily established and governed by its parent organization, Free at Last Community Recovery and Rehabilitation Services Inc. Its mission is centered around investing in real estate, with the primary objective of supporting the operations of its parent company. By acquiring and managing real estate properties, Free At Last Properties Inc contributes to the overall success and sustainability of Free at Last Community Recovery and Rehabilitation Services Inc. This role is crucial in ensuring the effective delivery of the parent company's services and programs, ultimately contributing to its mission of community recovery and rehabilitation.
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Impact
October, 2024
Free At Last Properties Inc plays a crucial role in fostering community improvement in East Palo Alto by strategically investing in real estate that underpins the operations of its parent organization, Free at Last Community Recovery and Rehabilitation Services Inc. By acquiring and managing properties, Free At Last Properties Inc not only enhances the physical infrastructure of the community but also creates a supportive environment for recovery and rehabilitation services.
This investment in real estate aligns with the mission of providing essential resources and facilities that aid individuals in their journey toward personal and communal well-being. The properties managed by Free At Last Properties Inc serve as vital assets, facilitating access to crucial services aimed at improving the quality of life for residents. This approach not only addresses immediate needs but also contributes to the long-term sustainability and resilience of the community, thus making a significant impact on the overall social fabric of East Palo Alto.
This information is meant to be a general summary of Free At Last Properties 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $40
- Program Service Revenue: $179,171
- Gross Receipts: $179,211
Assets and Liabilities:
- Total Assets: $2,365,176
- Total Liabilities: $1,631,228
- Net Assets: $733,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Room and Board Fees
Revenue
$179,071
Other Income
Revenue
$100
Organization Details
Founding Year
2000
Phone
(650) 462-6999Principal Officer
Gerardo Barragan
Main Address
1796 Bay Road, East Palo Alto, CA, 94303
NTEE Category
Code: S50Z - Community improvement
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