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Norwescap Holding Company Inc

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

EIN: 222938952 ✦ Phillipsburg, NJ ✦ Designated as a 501(c)(2)

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Overview

What is Norwescap Holding Company Inc?

Norwescap Holding Company Inc is a title-holding organization located in Phillipsburg, New Jersey, specifically at 350 Marshall Street. The company's primary role is to manage real estate properties for Norwescap, a nonprofit organization operating under the 501(c)(3) tax-exempt status. While the information provided does not specify the mission or activities of Norwescap itself, it can be inferred that Norwescap Holding Company Inc plays a crucial role in supporting Norwescap's operations by providing it with necessary real estate resources. The company also holds title to a property located at 406 Willis Avenue in Stanhope, New Jersey, further extending its real estate management responsibilities.


Official website here: www.norwescap.org

Is Norwescap Holding Company Inc legitimate?

Norwescap Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Norwescap Holding Company Inc 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


Official website here: www.norwescap.org

What is the mission statement of Norwescap Holding Company Inc?

Norwescap Holding Company Inc's primary role is to manage real estate properties on behalf of Norwescap, a non-profit organization. This real estate serves as a base for Norwescap's operations. While Norwescap Holding Company Inc does not have a mission statement of its own, its function supports Norwescap's mission, which is not provided in the given information. As a result, I'm unable to provide a comprehensive summary of Norwescap Holding Company Inc's mission.


Official website here: www.norwescap.org

Who is the CEO of Norwescap Holding Company Inc?

Mark Valli is the Vice Chair of Norwescap Holding Company Inc. The CEO's salary of Norwescap Holding Company Inc is $0 and their total compensation is $196,898.


Official website here: www.norwescap.org

What is the revenue of Norwescap Holding Company Inc?

Norwescap Holding Company Inc's revenue in 2022 was $0.


Official website here: www.norwescap.org

Who are the executives of Norwescap Holding Company Inc and what are their salaries?


Here are 6 key members and their salaries (Norwescap Holding Company Inc's CEO's salary is $0 and their total compensation is $196,898):


Richard Conley (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elycia Lerman (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Buehler (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aileen Arsenault (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Valli (Chief Executive Officer)
  • Compensation: $0
  • Related: $173,880
  • Other: $23,018
Edmund Khanoo (Chief Financial Officer)
  • Compensation: $0
  • Related: $172,279
  • Other: $10,571


Official website here: www.norwescap.org

Where can I find the form 990 for Norwescap Holding Company Inc?

Norwescap Holding Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.norwescap.org

Learn more at the official website: www.norwescap.org

Mission Statement of Norwescap Holding Company Inc

Norwescap Holding Company Inc serves as the legal title holder for Norwescap, a 501(c)(3) nonprofit corporation. In this capacity, Norwescap Holding Company Inc ensures the ownership of real estate properties that are utilized by Norwescap for its charitable purposes. While the provided information does not detail the specific mission or activities of Norwescap itself, it is known that Norwescap is dedicated to improving the lives of individuals and communities through various social services. As a title holder, Norwescap Holding Company Inc plays a crucial role in supporting Norwescap's mission by providing the necessary real estate infrastructure.

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Impact




October, 2024

Norwescap Holding Company Inc plays a crucial role in supporting community improvement initiatives by holding title to real estate that facilitates the operations of Norwescap, a 501(c)(3) organization. This real estate, located at 350 Marshall Street in Phillipsburg, NJ, and 406 Willis Avenue in Stanhope, NJ, enables Norwescap to deliver essential services and programs to the community. By managing these properties, Norwescap Holding Company Inc ensures that the necessary infrastructure is in place for various community development efforts, enhancing access to vital resources and support for residents in the region. This impact is significant, as it directly contributes to the betterment of local neighborhoods and the overall well-being of the community.




This information is meant to be a general summary of Norwescap Holding Company Inc. 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
$0 (2022)
Expenses
$45,470 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $703,146
    • Total Liabilities: $82,900
    • Net Assets: $620,246

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    Organization Details

    Founding Year

    1989

    Principal Officer

    Mark Valli

    Main Address

    350 MARSHALL STREET, PHILLIPSBURG, NJ, 08865

    NTEE Category

    Code: S50Z - Community improvement

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