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UNLIMITED POTENTIAL PROPERTIES INC

ALBANY, NY · EIN 202502552 · Form 990 · FY2024 · NTEE S47 · Community Improvement · Micro (<$100K)
revenue
$61K
expenses
$51K
net assets
$974K
employees
0
volunteers
3
mission · from form 990

UNLIMITED POTENTIAL PROPERTIES, INC. RENTS PROPERTY TO UNLIMITED POSSIBILITIES, INC. A 501 (C) (3) ORGANIZATION TO ALLOW IT TO FULLFILL ITS EXEMPT PURPOSE.

profile · synthesized from sources

UNLIMITED POTENTIAL PROPERTIES INC is a New York-based nonprofit that supports community improvement through real estate. It owns and rents property to UNLIMITED POSSIBILITIES, INC, a 501(c)(3) organization, enabling that entity to carry out its exempt purpose. The organization operates exclusively as a supportive entity through property management and rental arrangements.

named programs · 1 · from sources

What they call their work

Property Rental for Exempt Use
Owns and rents real estate to UNLIMITED POSSIBILITIES, INC, enabling the fulfillment of its exempt organizational purpose through stable, dedicated facilities.
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Renting property to support exempt purposes
      Rents property to Unlimited Possibilities, Inc., a 501(c)(3) organization, to support its exempt purpose.
financials · form 990 · fy2024
revenue
Total revenue$61K
Contributions & grants$00%
Program service revenue$00%
Investment income$00%
Other revenue$61K
expenses
Total expenses$51K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$25K
Largest expense lineCompensation
balance sheet
Total assets$1.24M
Cash$71K
Investments$0
Liabilities$265K
Net assets$974K
Liquid reserves16.4 mo
3 years on record · 2020–2024 · YoY revenue +2.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
WILLIAM GETTMAN CHIEF EXECUTIVE OFFICER 24 $348K
CHRISTINE K DIMAIO CHIEF FINANCIAL OFFICER 24 $203K
board members · 3
  • FERDINAND MORALES — CHAIR
  • JUSTIN PRIDDLE — MEMBER
  • RANDALL DEVANEY — MEMBER
relationships · 1

Who they work with

  • Unlimited Possibilities, Inc. Partner — Rents property to support the exempt purpose of Unlimited Possibilities, Inc.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Rental Subsidy for Mission Alignment
    methodology: infrastructure_support
    By providing rental property to a related nonprofit at below-market rates, we enable their program delivery and deepen sector capacity, because shared infrastructure reduces overhead and increases service reach.