Omni Holding Llc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208792478 ✦ Philadelphia, PA ✦ Designated as a 501(c)(2)

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Overview

What is Omni Holding Llc?

Omni Holding Llc is a company based in Philadelphia, Pennsylvania, with an address at 4431 Walnut Street, 19104. Its primary objective is to manage real estate investments. Uniquely, this company has pledged to channel its profits towards supporting non-profit organizations. By engaging in real estate investments, Omni Holding Llc is able to generate funds that can then be donated to charitable causes, thereby contributing to various social initiatives.

Is Omni Holding Llc legitimate?

Omni Holding Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Omni Holding Llc 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

For more financial information, click here

What is the mission statement of Omni Holding Llc?

Omni Holding Llc's mission is centered around managing real estate investments. A significant portion of the profits generated from these investments is then channeled towards supporting non-profit organizations. This mission serves to contribute to societal causes beyond the realm of real estate business operations. By managing investments effectively and distributing profits to non-profits, Omni Holding Llc is able to contribute to various sectors in need of financial support.

Who is the CEO of Omni Holding Llc?

Riad Nachef is the President of Omni Holding Llc.

What is the revenue of Omni Holding Llc?

Omni Holding Llc's revenue in 2022 was $3,068.

Who are the executives of Omni Holding Llc and what are their salaries?


There is 1 key member and their salary:


Riad Nachef (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Omni Holding Llc?

Omni Holding Llc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Omni Holding Llc

Omni Holding LLC, as a company, is dedicated to managing real estate investments with a unique purpose. Instead of retaining the profits for itself, Omni Holding transfers its earnings to non-profit organizations. This mission allows the company to contribute to social causes, providing a financial boost to organizations that work towards various societal betterments. By engaging in real estate investments and redistributing profits, Omni Holding LLC is able to support non-profit organizations in their mission to improve lives and communities.

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Impact




October, 2024

Omni Holding LLC plays a significant role in the real estate investment landscape, particularly in Philadelphia, PA. By managing real estate investments strategically, the organization fosters community improvement through its financial contributions. The profits generated from these investments are channeled to support nonprofit initiatives, enhancing various local projects and services that benefit the community.

This dual focus on real estate management and nonprofit support not only strengthens the local economy but also addresses social needs, paving the way for enhanced quality of life for residents. Omni Holding LLC's commitment to transferring profits to benefit nonprofit organizations demonstrates a proactive approach to leveraging real estate for positive community impact, creating a ripple effect that can lead to long-term developmental benefits for Philadelphia as a whole.




This information is meant to be a general summary of Omni Holding Llc. 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.

Revenue
$3,068 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $9,000

Assets and Liabilities:

  • Total Assets: $96,313
  • Total Liabilities: $89,303
  • Net Assets: $7,010

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Organization Details

Founding Year

2010

Principal Officer

Riad Nachef

Main Address

4431 WALNUT STREET, PHILADELPHIA, PA, 19104

NTEE Category

Code: S47 - Community improvement

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