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Rth Mission Park Realty Corporation

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

EIN: 463458076 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Rth Mission Park Realty Corporation?

Rth Mission Park Realty Corporation is a Massachusetts nonprofit organization, established to support and further the charitable activities of Roxbury Tenants of Harvard Association, Inc. The corporation primarily focuses on acquiring, owning, and operating real property to benefit Roxbury Tenants of Harvard Association. According to the provided information, Rth Mission Park Realty Corporation has leased a 775-unit affordable housing project, including residential and recreational buildings, in Mission Hill, Boston, to Mission Park Limited Partnership. The organization's mission revolves around the betterment of Roxbury Tenants of Harvard Association, ensuring that their purposes and functions are effectively carried out. The corporation, with a workforce of only two individuals, is dedicated to making a positive impact through real estate ventures.


Official website here: www.roxburytenants.org

Is Rth Mission Park Realty Corporation legitimate?

Rth Mission Park Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rth Mission Park Realty 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,182

For more financial information, click here


Official website here: www.roxburytenants.org

What is the mission statement of Rth Mission Park Realty Corporation?

The Rth Mission Park Realty Corporation was established specifically to support the charitable activities of Roxbury Tenants of Harvard Association, Inc., a Massachusetts non-profit organization. Its primary role is to benefit, carry out, and perform the functions of Roxbury Tenants of Harvard Association, Inc. The Corporation's main objective is to further the purposes and activities of this charitable organization. The Corporation oversees and manages an affordable housing project, leasing the property to Mission Park Limited Partnership, a Massachusetts limited partnership controlled by the Corporation. This long-term lease allows the Corporation to contribute to the mission and goals of Roxbury Tenants of Harvard Association, Inc.


Official website here: www.roxburytenants.org

Who is the CEO of Rth Mission Park Realty Corporation?

Karen T Gately is the Executive Di of Rth Mission Park Realty Corporation.


Official website here: www.roxburytenants.org

What is the revenue of Rth Mission Park Realty Corporation?

Rth Mission Park Realty Corporation's revenue in 2022 was $19,995,197.


Official website here: www.roxburytenants.org

Who are the executives of Rth Mission Park Realty Corporation and what are their salaries?

The average compensation at Rth Mission Park Realty Corporation during 2022 was $29,591. There are 2 employees at Rth Mission Park Realty Corporation.

Here are 5 key members and their salaries:

    Karen T Gately (Executive Di)
  • Compensation: $0
  • Related: $170,693
  • Other: $18,703

    • Izrail Tselnik (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $11,225
  • Other: $0

    • Carol Menton (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $10,125
  • Other: $0

    • William Sullivan (President) [Trustee/Director]
  • Compensation: $0
  • Related: $8,325
  • Other: $0

    • Lizhe He (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $7,625
  • Other: $0


  • Official website here: www.roxburytenants.org

    Where can I find the form 990 for Rth Mission Park Realty Corporation?

    The Rth Mission Park Realty Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.roxburytenants.org

    Learn more at the official website: www.roxburytenants.org

    Mission Statement of Rth Mission Park Realty Corporation

    Rth Mission Park Realty Corporation, a charitable organization, was established to support and carry out the functions and purposes of Roxbury Tenants of Harvard Association, Inc., a Massachusetts non-profit corporation. This corporation operates exclusively for charitable activities, as defined by section 501(c)(3) of the Internal Revenue Code.

    Rth Mission Park Realty Corporation's primary role is to benefit and further the objectives of Roxbury Tenants of Harvard Association, Inc. To accomplish this mission, the corporation holds the lease for a 775-unit affordable housing project, which includes residential and related recreational buildings. This lease is granted to Mission Park Limited Partnership, a Massachusetts limited partnership controlled by Rth, under the terms of a long-term agreement.

    By leasing the housing project to Mission Park Limited Partnership, Rth Mission Park Realty Corporation ensures that the property is managed in a way that supports and furthers the goals of Roxbury Tenants of Harvard Association, Inc. This arrangement not only allows the non-profit organization to maintain control over the affordable housing project but also enables it to continue its mission to provide essential housing services to the community. The corporation's commitment to its charitable purpose extends beyond the lease, as it remains dedicated to fostering a thriving and affordable living environment for its residents.

    Impact

    This information is meant to be a general summary of Rth Mission Park Realty Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rth Mission Park Realty Corporation's impact is focused on supporting the activities, functions, and purposes of Roxbury Tenants of Harvard Association, Inc. The corporation plays a vital role in acquiring, owning, and operating real property, specifically the Housing Project in Mission Hill, Boston. By leasing this affordable housing project to Mission Park Limited Partnership, the Corporation helps provide housing opportunities and support to the community, ultimately contributing to the well-being of residents in the area.





    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: $1,030,798
  • Program Service Revenue: $18,958,345
  • Gross Receipts: $19,995,197

    • Assets and Liabilities:
  • Total Assets: $192,061,743
  • Total Liabilities: $1,782,487
  • Net Assets: $190,279,256
  • Programs

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

    PROGRAM-RELATED INCOME

    Revenue

    $12,038,226

    RENTS

    Revenue

    $6,920,119

    Organization Details

    Founding Year

    2013

    Principal Officer

    Karen T Gately

    Main Address

    11 NEW WHITNEY STREET, BOSTON, MA, 02115

    NTEE Category

    Code: L11 - Housing

    If you are a representative of Rth Mission Park Realty Corporation 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.