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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.
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.
COMMUNITY PROPERTY INVESTMENTS INC cannot be rated because Charity Navigator has not received the public data required to create a star rating.
To receive a star rating, a charity must be a U.S.-based 501(c)(3) public charity. Private foundations, consolidated subsidiaries, and organizations with revoked or inactive IRS status are not eligible for a rating.
Eligible charities must also meet the following criteria:
A nonprofit may be listed but not rated if it does not yet meet Form 990 filing requirements, is newly registered, files only Form 990-EZ or 990-N, or is otherwise ineligible for a star rating.