Overview
What is Community Foundation Holding Corporation?
Community Foundation Holding Corporation is a nonprofit organization situated in Utica, New York, specifically at 2608 Genesee Street. Its primary role is to support the Community Foundation of Herkimer and Oneida Counties, Inc., by managing the real estate where the foundation operates. This arrangement allows the Community Foundation to focus on its mission of bettering the communities of Herkimer and Oneida Counties, without the burden of managing its physical property. By holding and maintaining the real estate, Community Foundation Holding Corporation plays a crucial supporting role in the overall mission of the Community Foundation.
Is Community Foundation Holding Corporation legitimate?
Community Foundation Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Holding Corporation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Community Foundation Holding Corporation?
The Community Foundation Holding Corporation serves a supporting role, specifically by maintaining the real estate that houses the Community Foundation of Herkimer and Oneida Counties, Inc. This organization's mission is to contribute to the foundation's operations by providing a suitable physical location for its activities. By doing so, it indirectly contributes to the foundation's efforts in supporting various community initiatives and causes in Herkimer and Oneida Counties. The Community Foundation Holding Corporation's role is essential in ensuring the foundation's continuity and ability to make a positive impact in the community.
Who is the CEO of Community Foundation Holding Corporation?
Timothy Daly is the President of Community Foundation Holding Corporation.
What is the revenue of Community Foundation Holding Corporation?
Community Foundation Holding Corporation's revenue in 2022 was $30,000.
Who are the executives of Community Foundation Holding Corporation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Community Foundation Holding Corporation?
Community Foundation Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Foundation Holding Corporation
Community Foundation Holding Corporation serves a unique role in supporting the community. This nonprofit organization is a type I supporting organization, specifically dedicated to upholding the Community Foundation of Herkimer and Oneida Counties, Inc. By holding the real estate where this foundation is located, Community Foundation Holding Corporation plays a crucial role in ensuring the foundation has a stable and secure base of operations. This mission allows the Community Foundation of Herkimer and Oneida Counties, Inc. to focus on its primary objectives without the added burden of managing real estate matters. In essence, Community Foundation Holding Corporation acts as a steward, safeguarding the physical space that enables the Community Foundation of Herkimer and Oneida Counties, Inc. to fulfill its mission of serving the local community.
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Impact
October, 2024
Community Foundation Holding Corporation plays a pivotal role in strengthening local philanthropy by managing and holding the real estate for the Community Foundation of Herkimer and Oneida Counties. This strategic support ensures that the foundation has a stable and dedicated location from which to operate, facilitating its effective engagement with the community. By providing a physical space for the foundation, Community Foundation Holding Corporation empowers it to focus on its mission of enhancing the quality of life in the region through various philanthropic initiatives. This arrangement not only benefits the foundation but also contributes to the overall health and vitality of the local community, fostering a culture of giving and support for local causes.
This information is meant to be a general summary of Community Foundation Holding Corporation. 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 2022.
- Gross Receipts: $30,000
Assets and Liabilities:
- Total Assets: $2,973,874
- Total Liabilities: $3,460,586
- Net Assets: -$486,712
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Organization Details
Founding Year
2003
Phone
(315) 735-8212Principal Officer
Timothy Daly
Main Address
2608 GENESEE ST, UTICA, NY, 13502
NTEE Category
Code: T31 - Philanthropy
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