Overview
What is Dbs Foundation Holdings?
Dbs Foundation Holdings is a nonprofit organization situated in Harrisburg, Pennsylvania. Its primary role is to manage and oversee property, generating income from these assets. The organization's sole purpose is to then transfer the net income to the Donald B. and Dorothy L. Stabiler Foundation, in accordance with the organization's mission. This mission-driven approach allows Dbs Foundation Holdings to contribute significantly to the Stabiler Foundation's charitable endeavors.
Is Dbs Foundation Holdings legitimate?
Dbs Foundation Holdings is a legitimate nonprofit organization registered as a 501(c)(2) entity. Dbs Foundation 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 Dbs Foundation Holdings?
Dbs Foundation Holdings has a single-focused mission. Its primary objective is to manage property and generate income from it. This income, after deducting expenses, is then transferred in full to the Donald B. and Dorothy L. Stable Foundation. The organization does not provide any other program services or initiatives beyond this purpose, which is aligned with its mission statement.
Who is the CEO of Dbs Foundation Holdings?
Sherill T Moyer is the President of Dbs Foundation Holdings.
What is the revenue of Dbs Foundation Holdings?
Dbs Foundation Holdings's revenue in 2022 was $50,000.
Who are the executives of Dbs Foundation Holdings and what are their salaries?
There 3 volunteers at Dbs Foundation Holdings.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dbs Foundation Holdings?
Dbs Foundation Holdings's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dbs Foundation Holdings
Dbs Foundation Holdings, as an organization, is primarily dedicated to fulfilling a specific mission. This mission involves holding title to property and collecting the income generated from these properties. An essential aspect of its role is to meticulously manage and administer these properties, ensuring that all income generated is net of any expenses. Once the income is calculated, the entire amount is then transferred to the Donald B. and Dorothy L. Stable Foundation, adhering to the organization's mission statement. Dbs Foundation Holdings does not provide any additional programs or services beyond this primary purpose of providing net income for the benefit of the Donald B. and Dorothy L. Stable Foundation.
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Impact
October, 2024
Dbs Foundation Holdings significantly impacts the community by managing assets to generate financial support for the Donald B. and Dorothy L. Stabler Foundation. By holding title to properties and collecting income from them, the organization plays a crucial role in ensuring a steady stream of resources that can be utilized for philanthropic initiatives. This financial mechanism allows the Stabler Foundation to carry out its mission effectively, enhancing its ability to support various charitable activities and programs. The focus on maximizing net income through efficient property management underscores Dbs Foundation Holdings' dedication to sustaining and amplifying the philanthropic efforts that benefit the wider community in Harrisburg, PA, and beyond.
This information is meant to be a general summary of Dbs Foundation 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.
- Gross Receipts: $50,000
Assets and Liabilities:
- Total Assets: $381,488
- Total Liabilities: $0
- Net Assets: $381,488
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Organization Details
Founding Year
2006
Phone
(717) 231-6624Principal Officer
Sherill T Moyer
Main Address
213 MARKET STREET 12TH FLOOR, HARRISBURG, PA, 17101
NTEE Category
Code: T110 - Philanthropy
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