Overview
What is City Of Plattsmouth Facilities Corporation?
The City of Plattsmouth Facilities Corporation is a nonprofit organization, established with the primary objective of procuring real estate and personal property to support the City of Plattsmouth, Nebraska, in its governmental functions, adhering to Section 501(C)(3) of the U.S. Code. This entity operates exclusively for the benefit of and carries out the purposes of the City of Plattsmouth, Nebraska, a governmental unit described in Section 509(A)(1) of the Internal Revenue Code of 1986. Its mission is to assist and promote the development of public facilities to serve the city, furthering its governmental functions, in accordance with Section 501(C)(3) of the Code. In essence, the corporation aims to contribute to the city's growth and development by providing necessary facilities in line with its governmental functions.
Is City Of Plattsmouth Facilities Corporation legitimate?
City Of Plattsmouth Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Of Plattsmouth Facilities 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 City Of Plattsmouth Facilities Corporation?
The City of Plattsmouth Facilities Corporation is established with the primary objective of operating for the benefit of and carrying out the purposes of a specific governmental unit, as described in Section 509(A)(1) of the Internal Revenue Code of 1986. Its mission is to assist and promote the development of public facilities that will be utilized by the city in the furtherance of its governmental functions, in accordance with Section 501(C)(3) of the Code. To achieve this, the corporation can purchase or acquire real estate and personal property to be used by the city in the execution of its governmental functions, also under Section 501(C)(3) of the Code. In essence, the City of Plattsmouth Facilities Corporation aims to support the city's public facilities development, acquisition, and use in its governmental functions.
Who is the CEO of City Of Plattsmouth Facilities Corporation?
Russ Kathol is the President of City Of Plattsmouth Facilities Corporation.
What is the revenue of City Of Plattsmouth Facilities Corporation?
City Of Plattsmouth Facilities Corporation's revenue in 2022 was -$124,001.
Who are the executives of City Of Plattsmouth Facilities Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for City Of Plattsmouth Facilities Corporation?
City Of Plattsmouth Facilities Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Plattsmouth Facilities Corporation
The City of Plattsmouth Facilities Corporation, as a nonprofit entity, is committed to operating exclusively for the benefit of and carrying out the purposes of the City of Plattsmouth, Nebraska, a governmental unit described in Section 509(A)(1) of the Internal Revenue Code of 1986. Its primary mission is to assist and promote the development of public facilities to be utilized by the City of Plattsmouth in accordance with Section 501(C)(3) of the Code. In essence, the corporation aims to purchase or acquire real estate and personal property to be utilized by the city in the furtherance of its governmental functions, contributing to the overall development and betterment of the community.
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Impact
October, 2024
The City Of Plattsmouth Facilities Corporation plays a vital role in enhancing the community's infrastructure and resources. By focusing on the development and procurement of real estate and personal property, it actively supports the City of Plattsmouth in fulfilling its governmental functions. This organization is dedicated to promoting public facilities that cater to the needs of residents, fostering growth and accessibility within the community.
Through its initiatives, the corporation contributes to the overall development of the city, ensuring that public facilities are well-maintained, efficient, and aligned with the municipality's goals. This impact extends to various aspects of community life, enhancing recreational opportunities, improving local services, and creating a more vibrant living environment for citizens. Ultimately, the work of the City Of Plattsmouth Facilities Corporation is instrumental in advancing the quality of life for residents and fostering a sense of community pride.
This information is meant to be a general summary of City Of Plattsmouth Facilities 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: $303,400
Assets and Liabilities:
- Total Assets: $2,137,011
- Total Liabilities: $3,000,000
- Net Assets: -$862,989
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Organization Details
Founding Year
2005
Phone
(402) 296-2522Principal Officer
Russ Kathol
Main Address
136 N 5TH STREET, PLATTSMOUTH, NE, 68048
NTEE Category
Code: W112 - Public benefit
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