Community Property Investments Inc

Organization Overview

Community Property Investments Inc is located in Birmingham, AL. The organization was established in 2018. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Property Investments Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 09/2021, Community Property Investments Inc generated $157.9k in total revenue. All expenses for the organization totaled $92.6k during the year ending 09/2021. While expenses have increased by 142.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PURCHASE AND HOLD TITLE TO REAL PROPERTY, COLLECT INCOME FROM THE RENTAL OF THE REAL PROPERTY, AND DISTRIBUTE THE RENTAL INCOME, LESS EXPENDITURES AND RESERVES, TO COMMUNITY WORKS, INC., A CODE SECTION 501(C)(3) PUBLIC CHARITY THAT IS THE SOLE MEMBER OF THE CORPORATION. THE CORPORATION WILL FROM TIME TO TIME PURCHASE REAL PROPERTY WITH FUNDS THAT COMMUNITY WORKS, INC. CONTRIBUTES TO THE CAPITAL OF THE CORPORATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PURCHASE OF REAL PROPERTY LOCATED IN CENTRAL ALABAMA AND THE LEASING AND OPERATION OF THOSE PROPERTIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Wood Herren
Secretary
$0
Brad Paramore
Treasurer
$0
John Norman
Board Chair
$0
Brooks Greene
Chief Financial Officer
$0
Chris Stewart
President/chief Executive Officer
$0
Jason Mitchell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$156,362
Investment income $1,522
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $157,884

Create an account to unlock the data you need.

or