Overview
What is Premierlife Real Estate Holdings?
Premierlife Real Estate Holdings is a title-holding corporation, headquartered in Lees Summit, Missouri, with an address at 400 NW Murray Road, 64081. Its primary role is to support the activities of John Knox Village, a nonprofit organization. This support is achieved by acquiring and holding title to properties, collecting the income generated from these properties, and subsequently remitting the majority of the income, after deducting expenses, to John Knox Village or another related nonprofit organization. The corporation's mission aligns with John Knox Village, aiming to further its purposes and operate in connection with it.
Is Premierlife Real Estate Holdings legitimate?
Premierlife Real Estate Holdings is a legitimate nonprofit organization registered as a 501(c)(2) entity. Premierlife Real Estate Holdings 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 Premierlife Real Estate Holdings?
Premierlife Real Estate Holdings operates as a title-holding corporation, primarily serving the needs of John Knox Village. Its mission is to support the activities, further the purposes, and operate in conjunction with John Knox Village. The corporation's primary function involves acquiring and holding title to property, collecting the income derived from these properties, and then remitting the majority of the earnings, after deducting expenses, to John Knox Village or a related nonprofit organization. This financial support helps sustain the operations and initiatives of John Knox Village.
Who is the CEO of Premierlife Real Estate Holdings?
Daniel Rexroth is the President & Ceo of Premierlife Real Estate Holdings. The CEO's salary of Premierlife Real Estate Holdings is $0 and their total compensation is $931,583.
What is the revenue of Premierlife Real Estate Holdings?
Premierlife Real Estate Holdings's revenue in 2022 was $972,250.
Who are the executives of Premierlife Real Estate Holdings and what are their salaries?
There 3 volunteers at Premierlife Real Estate Holdings.
Here are 5 key members and their salaries (Premierlife Real Estate Holdings's CEO's salary is $0 and their total compensation is $931,583):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $896,807
- Other: $34,776
- Compensation: $0
- Related: $473,610
- Other: $44,291
Where can I find the form 990 for Premierlife Real Estate Holdings?
Premierlife Real Estate Holdings's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Premierlife Real Estate Holdings
Premierlife Real Estate Holdings, as a title-holding corporation, is dedicated to supporting the activities and furthering the purposes of John Knox Village. Its primary mission is to operate in connection with this village, acquiring and holding title to property. The corporation collects income generated from these properties and remits the majority of it to John Knox Village, or to a nonprofit organization associated with the village, after deducting expenses. By performing these functions, Premierlife Real Estate Holdings contributes to the overall well-being and activities of John Knox Village.
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Impact
October, 2024
Premierlife Real Estate Holdings plays a significant role in supporting the financial and operational foundations of John Knox Village. By acquiring and holding title to properties, the organization generates income that is directly remitted to John Knox Village, ensuring a steady flow of resources that can be utilized for various community services and programs.
This structure not only strengthens the financial stability of John Knox Village but also allows for the enhancement of services for residents, particularly in the health sector. Premierlife Real Estate Holdings effectively acts as a vehicle to bolster the mission and activities of John Knox Village, contributing to a vibrant and sustainable living environment for its community members in Lee's Summit, MO. Through its focused efforts, the organization helps create a supportive framework that further enhances the quality of life for those served by John Knox Village.
This information is meant to be a general summary of Premierlife Real Estate Holdings. 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.
- Investment Income: $874,534
- Program Service Revenue: $97,716
- Gross Receipts: $3,047,716
Assets and Liabilities:
- Total Assets: $3,131,883
- Total Liabilities: $1,822,729
- Net Assets: $1,309,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$97,716
Organization Details
Founding Year
2005
Phone
(816) 347-2859Principal Officer
Daniel Rexroth
Main Address
400 NW MURRAY ROAD, LEES SUMMIT, MO, 64081
NTEE Category
Code: E12 - Health
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