Overview
What is Presidential Place Inc?
Presidential Place Inc, based in Boston, Massachusetts, is a nonprofit organization with a mission to construct and operate 51 units of affordable housing for individuals of low income. Located in Cranston, Rhode Island, this organization is dedicated to providing housing solutions for those who may face financial challenges. Their primary activity involves constructing and managing affordable housing units, ensuring that low-income individuals have access to comfortable and secure living spaces.
Is Presidential Place Inc legitimate?
Presidential Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presidential Place 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.
Here 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 Presidential Place Inc?
Presidential Place Inc's mission is centered around providing affordable housing. More specifically, the organization aims to construct and operate 51 units of such housing for individuals of low income status. This initiative is not limited to a particular location, but serves as a commitment to making housing more accessible for those in need. By constructing and operating these affordable units, Presidential Place Inc contributes to the betterment of living conditions for a significant number of individuals.
Who is the CEO of Presidential Place Inc?
Phillip L Clay is the President of Presidential Place Inc.
What is the revenue of Presidential Place Inc?
Presidential Place Inc's revenue in 2022 was $676,706.
Who are the executives of Presidential Place Inc and what are their salaries?
- Phillip L Clay (President) [Trustee/Director]
- Susan Mccann (Vice President) [Trustee/Director]
Where can I find the form 990 for Presidential Place Inc?
The Presidential Place Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Presidential Place Inc
Presidential Place Inc, a nonprofit organization, is committed to providing housing solutions for individuals of low income status. Their mission is clearly defined: to construct and operate 51 units of affordable housing within their ranks. This endeavor is aimed at offering a secure living environment for those who may not have access to such resources otherwise. By constructing and managing these affordable housing units, Presidential Place Inc plays a vital role in addressing housing inequalities and contributing to a more equitable society.
Impact
This information is meant to be a general summary of Presidential Place Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Presidential Place Inc's impact is evident in its mission to provide housing for persons of low income status in Cranston, Rhode Island. By constructing, owning, and operating 51 units of affordable housing, this organization is directly addressing the critical need for affordable housing in the community. Through its dedicated efforts, Presidential Place Inc is making a tangible difference in the lives of individuals and families who may otherwise struggle to find suitable and affordable housing options.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$187,006
Organization Details
Founding Year
1999
Phone
(857) 221-8600
Principal Officer
Phillip L Clay
Main Address
CO TCB INC 185 DARTMOUTH STREET, BOSTON, MA, 02116
NTEE Category
Code: L21 - Housing
If you are a representative of Presidential Place Inc 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.