Overview
What is Helping Hand Foundation Real Estate Holding Company Inc?
Helping Hand Foundation Real Estate Holding Company Inc is a nonprofit entity situated in Countryside, Illinois. Its primary function is to manage and generate income from properties, which it then transfers to Helping Hand Foundation, a recognized 501(c)(3) organization. The company engages in various property-related activities, such as ownership, leasing, and dealings, to support its mission. It also collaborates with both for-profit and non-profit organizations, individuals, and governmental agencies in furtherance of these purposes. The income generated is utilized to support the initiatives of Helping Hand Foundation, which are not specified in the provided information.
Official website here: www.hhfoundation.net
Is Helping Hand Foundation Real Estate Holding Company Inc legitimate?
Helping Hand Foundation Real Estate Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Helping Hand Foundation Real Estate 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.hhfoundation.net
What is the mission statement of Helping Hand Foundation Real Estate Holding Company Inc?
Helping Hand Foundation Real Estate Holding Company Inc's primary role is to manage real estate properties, generating income that is then transferred to the Helping Hand Foundation, a non-profit organization qualified under Section 501(C)(3) of the United States Internal Revenue Code. The company's objectives include owning, leasing, or dealing with various properties for charitable purposes. It also engages in contracts with both for-profit and non-profit organizations, individuals, and governmental agencies to further its objectives. The company's primary function is to support the Helping Hand Foundation by utilizing its real estate holdings and income generation capabilities.
Official website here: www.hhfoundation.net
Who is the CEO of Helping Hand Foundation Real Estate Holding Company Inc?
Richard Sikes is the President of Helping Hand Foundation Real Estate Holding Company Inc.
Official website here: www.hhfoundation.net
What is the revenue of Helping Hand Foundation Real Estate Holding Company Inc?
Helping Hand Foundation Real Estate Holding Company Inc's revenue in 2022 was $0.
Official website here: www.hhfoundation.net
Who are the executives of Helping Hand Foundation Real Estate Holding Company Inc and what are their salaries?
There 6 volunteers at Helping Hand Foundation Real Estate Holding Company Inc.
Here are 6 key members and their salaries:
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Official website here: www.hhfoundation.net
Where can I find the form 990 for Helping Hand Foundation Real Estate Holding Company Inc?
Helping Hand Foundation Real Estate Holding Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hhfoundation.net
Learn more at the official website: www.hhfoundation.net
Mission Statement of Helping Hand Foundation Real Estate Holding Company Inc
Helping Hand Foundation Real Estate Holding Company Inc's mission is centered around holding the title to various properties, generating income from these properties, and subsequently transferring the net income, after deducting expenses, to Helping Hand Foundation, a non-profit organization based in Illinois that falls under Section 501(C)(3) of the United States Internal Revenue Code. The company's role extends beyond property management, as it also involves dealing with all types of real and personal property with the intention of furthering these purposes. Moreover, Helping Hand Foundation Real Estate Holding Company Inc enters into contracts with both for-profit and non-profit organizations, individuals, and governmental agencies, all in line with its primary mission.
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Impact
October, 2024
Helping Hand Foundation Real Estate Holding Company Inc plays a crucial role in advancing community support through its real estate activities. By holding titles to properties and effectively managing them, the organization generates income that is channeled into initiatives aimed at improving the lives of individuals and families. This model allows for sustainable funding, enabling significant contributions to programs that serve various community needs.
Through its operations in Countryside, IL, the company focuses on maximizing property value and income collection, ensuring that expenses are managed efficiently. The income generated is redirected to the Helping Hand Foundation, which utilizes these funds to support vital services and programs. The ability to contract with both for-profit and nonprofit organizations, as well as governmental agencies, expands the impact of their efforts, fostering collaboration that enhances community wellbeing.
Overall, Helping Hand Foundation Real Estate Holding Company Inc not only manages real estate assets but also acts as a catalyst for positive change, promoting housing stability and supporting essential services within the community.
This information is meant to be a general summary of Helping Hand Foundation Real Estate 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.
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: $9,760,009
- Total Liabilities: $0
- Net Assets: $9,760,009
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Organization Details
Founding Year
2008
Phone
(708) 352-3580Principal Officer
Richard Sikes
Main Address
9649 WEST 55TH STREET, COUNTRYSIDE, IL, 60525
Website
www.hhfoundation.netNTEE Category
Code: L112 - Housing
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