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2523 Market Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341782150 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

Overview

What is 2523 Market Corp?

2523 Market Corp is a nonprofit organization established in Cleveland, Ohio. Their primary focus is on neighborhood revitalization, accomplishing this by renting out commercial spaces at reduced rates to local businesses. Beyond this, they also contribute to community enhancement by redeveloping and maintaining parking lots. This proactive approach aims to breathe new life into the surrounding areas, thereby promoting economic growth and development.


Is 2523 Market Corp legitimate?

2523 Market Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. 2523 Market Corp 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 2523 Market Corp?
Who is the CEO of 2523 Market Corp?
What is the revenue of 2523 Market Corp?
Who are the executives of 2523 Market Corp and what are their salaries?
Where can I find the form 990 for 2523 Market Corp?

Mission Statement of 2523 Market Corp

2523 Market Corp, as a mission-driven organization, focuses on neighborhood revitalization. They accomplish this by leasing commercial spaces to businesses at reduced rates, providing them with an opportunity to thrive in their community. Additionally, the corporation takes an active role in redeveloping and maintaining parking lots, enhancing the overall appearance and functionality of the neighborhood. By doing so, 2523 Market Corp contributes to the betterment of the community, creating an environment that is conducive to growth and development.

Impact

This information is meant to be a general summary of 2523 Market Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

2523 Market Corp's impact is substantial in Cleveland, OH. It revitalizes neighborhoods by renting space to businesses at below-market rates. Additionally, it plays a key role in the redevelopment and maintenance of parking lots to enhance the community. Through these initiatives, 2523 Market Corp significantly contributes to the improvement of the local neighborhoods and supports economic development in the region.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $270,103
  • Gross Receipts: $1,125,830

    • Assets and Liabilities:
  • Total Assets: $1,289,788
  • Total Liabilities: $963,217
  • Net Assets: $326,571
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $270,103

    Organization Details

    Founding Year

    1981

    Principal Officer

    Thomas Mcnair

    Main Address

    3308 LORAIN AVENUE, CLEVELAND, OH, 44113

    NTEE Category

    Code: S30Z - Community improvement

    If you are a representative of 2523 Market Corp 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.