Sharing Connexion
Sharing Connexion
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About this organization
Mission
Our mission is to provide affordable housing organizations and nonprofits with real estate expertise, funding, and preservation.
About
SEE SCHEDULE OUNDER THE REAL ESTATE DONATION PROGRAM, WE CONTINUED TO ASSIST AND FACILITATE A REAL ESTATE DONATION ON BEHALF OF CHILDREN'S HOSPITAL COLORADO FOUNDATION, PROVIDING EXPERTISE, ENVIRONMENTAL REVIEW, AND PROPERTY IMPROVEMENTS TO GREATER BENEFIT THEIR ORGANIZATION. DURING THIS YEAR, SHARING CONNEXION SUBDIVIDED THE PROPERTY INTO FOUR LOTS AND ARRANGED SALE OF THE FIRST LOT, INCREASING CHCF'S PROJECTED DONATION DOLLARS FROM THIS GIFT. SHARING CONNEXION IS CURRENTLY HOLDING THE PROPERTY ON THEIR BEHALF AND PREPARING ALL LOTS FOR SALE. ALSO, UNDER THE REAL ESTATE DONATION PROGRAM, WE PRESENTED EDUCATIONAL TOOLS TO NONPROFITS (INCLUDING ACE SCHOLARSHIPS, BOYS AND SCOUTS DENVER COUNCIL AND FOUNDATION, INTERFAITH ALLIANCE OF COLORADO, AND MILE HIGH UNITED WAY) ON THE POTENTIAL OPPORTUNITIES OF ACCEPTING REAL ESTATE DONATIONS, PROVIDING COUNSEL ON SOLUTIONS FOR CONFUSING PROPERTY DONATIONS. UNDER THE REAL ESTATE IMPACT INVESTMENTS PROGRAM, WE CONTINUED TO PROVIDE SUPPORT SERVICES FOR OUR LOW-INTEREST REAL ESTATE LOAN (PROVIDED IN 2016) TO NONPROFIT, BUD'S WAREHOUSE, WHO WAS DISPLACED FROM THEIR FACILITY AND NEEDED TO PURCHASE A NEW FACILITY. ALSO, UNDER THE REAL ESTATE IMPACT INVESTMENTS PROGRAM, WE PRESENTED WORKSHOP AT CONFERENCE, COLORADO IMPACT DAYS, WHICH WAS FOR EDUCATION CONCERNING PHILANTHROPY AND IMPACT INVESTMENTS. UNDER THE REAL ESTATE RESCUE PROGRAM, EXTENDED HANDS OF HOPE, A NONPROFIT SERVING TRANSITIONAL HOUSING NEEDS OF SEX TRAFFICKING VICTIMS, WAS BEING DISPLACED FROM THEIR FACILITY. SHARING CONNEXION MADE A QUICK, SHORT-TERM ACQUISITION BECOMING A TEMPORARY PROPERTY OWNER AND ENTERING INTO A CONTRACT THROUGH WHICH EHH WILL PURCHASE THE FACILITY AT THE END OF THE TERM. THIS SERVICE PRESERVED EHH'S FACILITY FOR THEIR USES, AND ALSO SAVED EHH FROM BEING AFFECTED BY AN INCREASE IN MARKET VALUE OVER THE NEXT THREE YEARS. ALSO, UNDER THE REAL ESTATE RESCUE PROGRAM, SHARING CONNEXION HAS MET WITH MULTIPLE LAND TRUST ORGANIZATIONS, AFFORDABLE HOUSING GROUPS, AND MEMBERS OF THE COLORADO HOUSING PRESERVATION NETWORK (DATABASE) TO WORK ON FUTURE MODELS AND PROJECTS FOR REAL ESTATE RESCUE. AS FOR OTHER HIGHLIGHTED WORK, RESEARCH BY COMMUNITY SPACES AT RADIAN|PLACEMATTERS WAS PUBLISHED CONCERNING THE IDENTIFICATION OF NONPROFIT REAL ESTATE NEEDS IN METRO DENVER. SHARING CONNEXION SPONSORED THIS EDUCATIONAL RESOURCE.
Interesting data from their 2019 990 filing
According to the filing documents, the non-profit's mission is defined as “See schedule osharing connexion, inc. is organized for charitable purposes and its objectives shall be to supplement housing programs of tax exempt organizations for homelessness, transitional housing, and related real estate facilities to improve or create educational opportunities in conjunction with programs of tax exempt organizations for young persons of economically challenged families, all in the communities in which the corporation operates.”.
When referring to its tasks, they were referred to as: “Connect partners willing to share donated real estate with providers who have space needs to conducttheir programs.”.
- The non-profit's state of operation has been legally reported as CO.
- According to the latest filing, the non-profit's address in 2019 is 1440 BLAKE STREET 320, DENVER, CO, 80202.
- The total number of employees reported by the non-profit on their form for 2019 is 0.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is $68,049.
- The organization has 12 independent voting members.
- The organization was formed in 2015.
- The organization pays $2,491 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.