Overview
What is Marchant Mill House Inc?
Marchant Mill House Inc, based in Hyannis Port, Massachusetts, functions primarily as a title holding company. It specializes in holding real property utilized by a section 501(c)(7) organization. This type of organization typically focuses on social and recreational activities for its members. Marchant Mill House Inc provides a crucial service by offering tax-exempt holding company solutions for such organizations.
Is Marchant Mill House Inc legitimate?
Marchant Mill House Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Marchant Mill House 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:
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What is the mission statement of Marchant Mill House Inc?
Marchant Mill House Inc, functioning as a title holding company, is dedicated to supporting a section 501(c)(7) organization by holding the real property they utilize. The primary mission of Marchant Mill House Inc is to offer tax-exempt holding company services, contributing to the operations of the associated organization without specifying its specific purpose or activities.
What is the revenue of Marchant Mill House Inc?
Marchant Mill House Inc's revenue in 2023 was $49,950.
Who are the executives of Marchant Mill House Inc and what are their salaries?
There 14 volunteers at Marchant Mill House Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Marchant Mill House Inc?
Marchant Mill House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Marchant Mill House Inc
Marchant Mill House Inc serves a unique role as a title holding company, holding real property utilized by a section 501(c)(7) organization. In simpler terms, this organization acts as a property custodian for a non-profit entity. Its mission is centered around providing tax-exempt holding company services, ensuring the smooth operation and management of the properties under its care. While the specific non-profit organization using these properties is not explicitly mentioned in the information, it is clear that Marchant Mill House Inc plays an essential role in supporting the work and operations of a charitable organization. By acting as a title holding company, Marchant Mill House Inc enables the non-profit to focus on its primary mission, without the added burden of property management and maintenance.
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Impact
October, 2024
Marchant Mill House Inc plays a crucial role in the real estate landscape by serving as a title holding company that secures properties for use by a section 501(c)(7) organization. By managing and holding real property, it enables recreational and social activities that foster community engagement and provide members with a space for connection. Its work not only ensures that the properties are managed effectively but also supports the financial sustainability of the organization it serves. Located in Hyannis Port, MA, Marchant Mill House contributes to the local community by enhancing the availability of dedicated spaces for member-driven initiatives and gatherings, thus reinforcing social bonds and enriching the recreational life of its constituency.
This information is meant to be a general summary of Marchant Mill House 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 2023.
- Gross Receipts: $49,950
Assets and Liabilities:
- Total Assets: $1,783,350
- Total Liabilities: $0
- Net Assets: $1,783,350
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Organization Details
Founding Year
2009
Principal Officer
Robert Solomon
NTEE Category
Code: L02 - Housing
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