Overview
What is Electcrafts Incorporated?
Electcrafts Incorporated is a nonprofit organization situated in San Francisco, California, with an address at 55 Fillmore Street. Its primary role is to manage and collect rent from properties that are non-debt financed, serving as a financial support system for its affiliated tax-exempt organization. This function enables the organization to contribute to its parent entity's operations and mission.
Is Electcrafts Incorporated legitimate?
Electcrafts Incorporated is a legitimate nonprofit organization registered as a 501(c)(2) entity. Electcrafts Incorporated 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: $2,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Electcrafts Incorporated?
Electcrafts Incorporated's primary role involves managing and collecting rent from non-debt financed properties. This activity is carried out on behalf of an affiliated tax-exempt organization. By doing so, Electcrafts Incorporated helps to support the operations and initiatives of this organization without directly engaging in its mission or cause. The organization's main function is essentially to provide a stable financial base through property management, thereby contributing indirectly to the broader objectives and goals of its affiliated tax-exempt organization.
What is the revenue of Electcrafts Incorporated?
Electcrafts Incorporated's revenue in 2023 was $338,817.
Who are the executives of Electcrafts Incorporated and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $272,646
- Other: $98,241
- Compensation: $341
- Related: $13,684
- Other: $4,115
- Compensation: $256
- Related: $10,502
- Other: $3,375
- Compensation: $341
- Related: $0
- Other: $1,740
- Compensation: $257
- Related: $0
- Other: $1,010
- Compensation: $341
- Related: $0
- Other: $621
- Compensation: $88
- Related: $0
- Other: $696
- Compensation: $341
- Related: $0
- Other: $0
- Compensation: $341
- Related: $0
- Other: $0
- Compensation: $252
- Related: $0
- Other: $0
- Compensation: $168
- Related: $0
- Other: $0
- Compensation: $88
- Related: $0
- Other: $0
Where can I find the form 990 for Electcrafts Incorporated?
Electcrafts Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Electcrafts Incorporated
Electcrafts Incorporated, as a nonprofit entity, is primarily focused on holding title and collecting rent on non-debt financed property. This task is carried out in support of an affiliated tax-exempt organization. Essentially, Electcrafts Incorporated serves as a property management arm for its parent organization, ensuring the timely collection of rents from tenants residing in properties that have not been financially secured through debt. This function is crucial in maintaining the financial stability of the affiliated tax-exempt organization.
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Impact
October, 2024
Electcrafts Incorporated plays a crucial role in community improvement by managing and maintaining non-debt financed properties. Located in San Francisco, California, the organization holds title to these properties and collects rent, providing financial support for its affiliated tax-exempt organization. This arrangement allows for the dedicated funding of initiatives that enhance the community, ensuring stability and growth. By effectively managing real estate assets, Electcrafts contributes to the overall well-being of the community while facilitating the financial health of its parent organization. Through its activities, Electcrafts Incorporated fosters an environment conducive to positive social impact and community development.
This information is meant to be a general summary of Electcrafts Incorporated. 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.
- Investment Income: $19,793
- Program Service Revenue: $319,024
- Gross Receipts: $338,817
Assets and Liabilities:
- Total Assets: $1,578,648
- Total Liabilities: $28,203
- Net Assets: $1,550,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$319,024
Organization Details
Founding Year
1954
Principal Officer
John J Doherty
NTEE Category
Code: S47 - Community improvement
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