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Colchester Properties Inc, operating under the auspices of Albion College, is a 501(c)(2) nonprofit organization focused on real estate. Its mission is to acquire properties adjacent to Albion College for potential future development and expansion, while also renting suitable properties to community members or converting unsuitable structures into vacant land. With an operating budget of $155.9K and total revenue of $60.8K for the 2023 filing year, the organization relies heavily on a single unidentified funder for approximately 235% of its revenue.
Mission Statement
501(C)(2) COLCHESTER PROPERTIES, INC. IS A REAL ESTATE HOLDING COMPANY FOR ALBION COLLEGE. ITS PURPOSE IS TO ACQUIRE PROPERTY ADJACENT TO ALBION COLLEGE PROPERTY FOR POSSIBLE FUTURE DEVELOPMENT AND EXPANSION OF THE COLLEGE. HELD PROPERTIES, IF POSSIBLE, ARE RENTED TO MEMBERS OF THE COMMUNITY, IF NOT SUITABLE THE STRUCTURES ARE RAZED AND HELD AS VACANT LAND.
Cause Areas
1
Real estate
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
ALBION COLLEGE
$143K
100%
Frequently Asked Questions
What is COLCHESTER PROPERTIES INC CO ALBION COLLEGE’s budget?
In 2023, COLCHESTER PROPERTIES INC CO ALBION COLLEGE reported an annual operating budget of around $156 thousand. More detailed financial information is available to registered users.
What causes does COLCHESTER PROPERTIES INC CO ALBION COLLEGE support?
COLCHESTER PROPERTIES INC CO ALBION COLLEGE supports work in Real estate.
Where does COLCHESTER PROPERTIES INC CO ALBION COLLEGE operate?
COLCHESTER PROPERTIES INC CO ALBION COLLEGE is headquartered in Albion, MI.
Who funded COLCHESTER PROPERTIES INC CO ALBION COLLEGE recently?
In 2016, COLCHESTER PROPERTIES INC CO ALBION COLLEGE received grants from ALBION COLLEGE, ALBION COLLEGE, and ALBION COLLEGE. More information on this organization’s funders is available to registered users.
What is the largest grant COLCHESTER PROPERTIES INC CO ALBION COLLEGE received in 2016?
The largest grant to COLCHESTER PROPERTIES INC CO ALBION COLLEGE in 2016 exceeds $40 thousand.