Overview
What is 5814 Holding Corp?
5814 Holding Corp is associated with St. Jude Knights of Columbus, a distinctive nonprofit entity that functions as a fraternal religious order and operates in the real estate sector. This organization's primary mission is rooted in its fraternal and religious nature, serving its purpose within this unique framework. Despite not providing explicit details about the specific activities or services offered by 5814 Holding Corp, their association with St. Jude Knights of Columbus suggests that they may participate in charitable or community initiatives, as many fraternal orders are known to do. However, the specifics of their real estate activities remain unclear from the provided information.
Official website here: www.stjudecouncil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating. This rating indicates that the nonprofit has room for improvement in its accountability and finance practices. The score reflects a lack of independent board members and missing policies regarding whistleblower protections and document retention, which are critical for transparency and good governance.
One of the strengths of 5814 Holding Corp is its high Program Expense Ratio of 96.24%, suggesting that a significant portion of its expenses is directed towards its programs rather than administrative costs. Additionally, the organization has scored well in areas such as material diversion of assets and liabilities to assets ratio, demonstrating sound financial management in those respects.
However, the absence of independent board members and key policies raises concerns about oversight and governance. The nonprofit's reliance on a fully dependent board could limit diverse perspectives essential for effective decision-making. Overall, while the organization performs well in program expenditures, improvements in governance and accountability are necessary to enhance its effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is 5814 Holding Corp legitimate?
5814 Holding Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. 5814 Holding Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stjudecouncil.org
What is the mission statement of 5814 Holding Corp?
5814 Holding Corp, through its subsidiary St. Jude Knights of Columbus, serves as a fraternal religious order that also functions as a real estate organization. The primary mission of St. Jude Knights of Columbus, as a part of 5814 Holding Corp, is not explicitly stated in the provided information. However, it can be inferred that the organization's activities likely involve both religious and real estate-related activities, with the aim of serving its fraternal members and potentially the broader community. As a fraternal religious order, St. Jude Knights of Columbus may also focus on promoting fellowship, spiritual growth, and charitable activities among its members. The real estate aspect of the organization may involve property management, investment, or development, contributing to the community in various ways. However, without further details, it is challenging to provide a more specific mission statement for 5814 Holding Corp or St. Jude Knights of Columbus.
Official website here: www.stjudecouncil.org
Who is the CEO of 5814 Holding Corp?
Charles Farrell is the President of 5814 Holding Corp.
Official website here: www.stjudecouncil.org
What is the revenue of 5814 Holding Corp?
5814 Holding Corp's revenue in 2023 was $191,452.
Official website here: www.stjudecouncil.org
Who are the executives of 5814 Holding Corp and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.stjudecouncil.org
Where can I find the form 990 for 5814 Holding Corp?
5814 Holding Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stjudecouncil.org
Learn more at the official website: www.stjudecouncil.org
Mission Statement of 5814 Holding Corp
5814 Holding Corp, specifically its arm known as St. Jude Knights of Columbus, serves a unique dual purpose. As a fraternal religious order, it fosters a sense of community and shared spiritual values among its members. Beyond this, it also functions as a real estate organization. This dual mission allows St. Jude Knights of Columbus to not only provide a religious and fraternal space for its members but also engage in real estate activities. This combination of religious and business endeavors is a testament to the organization's commitment to its members and broader community.
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Impact
October, 2024
5814 Holding Corp plays a pivotal role in the Rocky Point community as a fraternal religious order that combines its mission with real estate initiatives. By operating as a real estate organization, it supports community improvement efforts, thereby enhancing local quality of life. Its activities foster a sense of camaraderie and commitment among members while also contributing to the community through various development projects.
The organization’s focus on fraternal values helps strengthen community bonds, promoting mutual support and collaboration among individuals. This approach not only provides a stable foundation for its members but also encourages community involvement and civic responsibility. The efforts of 5814 Holding Corp positively influence the local environment, making it a vital entity in Rocky Point.
This information is meant to be a general summary of 5814 Holding Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9
- Program Service Revenue: $191,443
- Gross Receipts: $191,452
Assets and Liabilities:
- Total Assets: $1,057,082
- Total Liabilities: $426,322
- Net Assets: $630,760
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Organization Details
Founding Year
1972
Phone
(631) 744-1673Principal Officer
Charles Farrell
Main Address
PO BOX 39, ROCKY POINT, NY, 11778
Website
www.stjudecouncil.orgNTEE Category
Code: S47 - Community improvement
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