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Early Learning Property Management Inc

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

EIN: 582491036 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Early Learning Property Management Inc?

Early Learning Property Management Inc is a nonprofit organization based in Atlanta, Georgia. Its primary mission is to support early learning programs for disadvantaged youth in the state. They achieve this by purchasing or building facilities and leasing them at a lower-than-market rate to 501(c)(3) organizations, such as Head Start. As of December 31, 2022, the organization has completed eleven construction/renovation projects. These facilities provide affordable classrooms, enhancing the quality of education and nurturing programs for children from birth to five years old, primarily in disadvantaged neighborhoods. The organization's activities are centered around providing affordable classrooms, either through the purchase or lease and renovation/construction of facilities. They may also offer facilities through sales, direct financing leases, or development/construction agreements. As of the provided data, Early Learning Property Management Inc has leased the eleven completed projects, covering the costs of leasing, maintenance, and future capital improvements. The organization's workforce consists of two dedicated individuals.


Official website here: www.elpm.org

Is Early Learning Property Management Inc legitimate?

Early Learning Property Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Early Learning Property Management 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: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,333

For more financial information, click here


Official website here: www.elpm.org

What is the mission statement of Early Learning Property Management Inc?

Early Learning Property Management Inc's mission is centered around providing high-quality early learning facilities for disadvantaged children, from birth to five years old. The organization accomplishes this by constructing or renovating learning centers in underprivileged areas. They then lease these facilities to 501(c)(3) organizations, such as Headstart, at below-market rates. This arrangement allows these non-profit early learning programs to operate affordably, thereby serving disadvantaged youth effectively. As of December 31, 2022, Early Learning Property Management Inc has completed eleven such projects. The lease payments cover not only the operational costs but also future capital improvements.


Official website here: www.elpm.org

Who is the CEO of Early Learning Property Management Inc?

David F Haddow is the Chairman of Early Learning Property Management Inc.


Official website here: www.elpm.org

What is the revenue of Early Learning Property Management Inc?

Early Learning Property Management Inc's revenue in 2022 was $2,392,427.


Official website here: www.elpm.org

Who are the executives of Early Learning Property Management Inc and what are their salaries?

The average compensation at Early Learning Property Management Inc during 2022 was $119,166. There are 2 employees at Early Learning Property Management Inc.

Here are 13 key members and their salaries:

    Kara Portnell (Executive Director)
  • Compensation: $140,000
  • Related: $0
  • Other: $35,000

    • David F Haddow (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Riley (Finance Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Beaty (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Pat Crouch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edrick Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bank Hipp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yolanda Marroquin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Mathews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donata Russell Ross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jere J Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Sutton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elpm.org

    Where can I find the form 990 for Early Learning Property Management Inc?

    The Early Learning Property Management Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.elpm.org

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

    Mission Statement of Early Learning Property Management Inc

    Early Learning Property Management Inc, a nonprofit organization, is committed to constructing high-quality early learning centers primarily in disadvantaged neighborhoods. Their mission is to provide nurturing and educational programs for children from birth to five years old who are in need. The organization accomplishes this by building or renovating facilities for early learning programs run by 501(c)(3) organizations, such as Headstart. Once the construction or renovation is complete, Early Learning Property Management leases these facilities at below-market rates to these organizations. This lease arrangement covers the costs of maintaining and improving the facilities, ensuring that the affordable classrooms remain available for the benefit of disadvantaged youth in Georgia.

    Impact

    This information is meant to be a general summary of Early Learning Property Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Early Learning Property Management Inc's impact is significant in providing affordable classrooms for early learning programs, particularly in disadvantaged neighborhoods in Georgia. By purchasing or building facilities for early learning programs run by 501(c)(3) organizations like Head Start, they are ensuring that children from birth through five years of age have access to high-quality education and nurturing programs. The organization's commitment to leasing these facilities at below-market rates to support the operations of these programs demonstrates their dedication to improving educational opportunities for disadvantaged youth. Through their efforts, Early Learning Property Management Inc is playing a vital role in supporting the development and growth of early learning initiatives in the community.





    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: $-94,846
  • Program Service Revenue: $1,340,268
  • Gross Receipts: $3,360,395

    • Assets and Liabilities:
  • Total Assets: $26,367,579
  • Total Liabilities: $1,151,996
  • Net Assets: $25,215,583
  • Programs

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

    LEARNING CTR RENTAL

    Revenue

    $1,340,268

    Organization Details

    Founding Year

    1999

    Principal Officer

    David F Haddow

    Main Address

    3715 NORTHSIDE PARKWAY NW 3-660, ATLANTA, GA, 30327

    NTEE Category

    Code: L11 - Housing

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