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Marygrove Conservancy

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

EIN: 822782819 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is Marygrove Conservancy?

The Marygrove Conservancy is a nonprofit organization located at 8425 WEST MCNICHOLS ROAD, Detroit, MI 48221. Their primary mission is to preserve the legacy of Marygrove College by fostering integrated P-20 educational opportunities for low-income children and families, primarily within the Livernois and McNichols corridors of Detroit, Michigan. The organization operates various buildings that were once part of Marygrove College, such as the Liberal Arts Building, the Madame Cadillac Building, and others. The Marygrove Conservancy receives and administers funds and properties for charitable, educational, scientific, and literary purposes, aiming to support integrated P-20 education models that offer comprehensive support from pre-natal to college, career, and community-based activities. With a dedicated workforce of three individuals, the Conservancy aims to enhance educational opportunities and create a positive impact in the local community.


Is Marygrove Conservancy legitimate?

Marygrove Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marygrove Conservancy 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: $563,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,460

For more financial information, click here


What is the mission statement of Marygrove Conservancy?
Who is the CEO of Marygrove Conservancy?
What is the revenue of Marygrove Conservancy?
Who are the executives of Marygrove Conservancy and what are their salaries?
Where can I find the form 990 for Marygrove Conservancy?

Mission Statement of Marygrove Conservancy

The Marygrove Conservancy is committed to preserving the legacy of Marygrove College by promoting integrated P-20 educational opportunities for low-income children and families. This mission is carried out by administering funds, property, and operating for charitable, educational, scientific, and literary purposes. The organization's primary goal is to preserve the legacy of Marygrove College by advancing education for children and families within the Livernois and McNichols corridors of Detroit, Michigan. This is achieved by providing space, infrastructure, and assistance to support integrated P-20 education models, which offer comprehensive support from pre-natal stages through college to career, and other community-based activities and programming.

Impact

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




Saturday, July 20, 2024

Marygrove Conservancy's impact is evident in its commitment to preserving the legacy of Marygrove College through the advancement of integrated P-20 educational opportunities for low-income children and families, particularly within the Livernois and McNichols corridors of Detroit, Michigan. By operating various properties associated with Marygrove College, such as the liberal arts building, Madame Cadillac building, and others, the Conservancy facilitates educational initiatives that provide comprehensive support from pre-natal through college to career. Through its work, Marygrove Conservancy aims to make a lasting difference in the lives of individuals in these communities, ensuring access to quality education and holistic development opportunities.





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: $15,214
  • Program Service Revenue: $0
  • Gross Receipts: $4,577,465

    • Assets and Liabilities:
  • Total Assets: $102,325,216
  • Total Liabilities: $93,037,862
  • Net Assets: $9,287,354
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Sr Mary Jane Herb

    Main Address

    8425 WEST MCNICHOLS ROAD, DETROIT, MI, 482212546

    NTEE Category

    Code: B19 - Education

    If you are a representative of Marygrove Conservancy 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.