Overview
What is Mca Property Holding Corporation?
Mca Property Holding Corporation is a nonprofit organization with a specific role based in Anchorage, Alaska. Its primary function is to manage and generate income from property holdings. The collected income is then distributed as net proceeds to Muldoon Community Assembly, Inc., in accordance with the Internal Revenue Code 501(c)(2). This code allows for the organization to operate as a tax-exempt charity, focusing on community development initiatives. Mca Property Holding Corporation serves as a financial intermediary, contributing to the wider mission of its affiliated organization, Muldoon Community Assembly, Inc.
Official website here: www.mcaonline.org
Is Mca Property Holding Corporation legitimate?
Mca Property Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Mca Property Holding Corporation 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.
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Official website here: www.mcaonline.org
What is the mission statement of Mca Property Holding Corporation?
Mca Property Holding Corporation's primary role is to serve as a property title holder. Its main objective is to generate income from these properties and subsequently distribute any net earnings to Muldoon Community Assembly, Inc., in accordance with the Internal Revenue Code 501(c)(2). This corporation's mission can be summarized as supporting Muldoon Community Assembly, Inc. financially by managing property investments and income distribution. The corporation's actions are guided by this mission, ensuring the proper allocation of funds to the designated organization.
Official website here: www.mcaonline.org
Who is the CEO of Mca Property Holding Corporation?
Kent Redfearn is the Director of Mca Property Holding Corporation.
Official website here: www.mcaonline.org
What is the revenue of Mca Property Holding Corporation?
Mca Property Holding Corporation's revenue in 2023 was $237,937.
Official website here: www.mcaonline.org
Who are the executives of Mca Property Holding Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.mcaonline.org
Where can I find the form 990 for Mca Property Holding Corporation?
Mca Property Holding Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcaonline.org
Learn more at the official website: www.mcaonline.org
Mission Statement of Mca Property Holding Corporation
Mca Property Holding Corporation, as a nonprofit entity, is primarily tasked with holding property titles. Its primary objective is to generate income from these properties and then distribute any net earnings to Muldoon Community Assembly, Inc., in adherence to the Internal Revenue Code 501(c)(2). Essentially, the corporation serves as a financial intermediary, channeling resources to support the mission of Muldoon Community Assembly, Inc. While the specifics of what Muldoon Community Assembly, Inc. does are not provided in this information, we can infer that Mca Property Holding Corporation plays a crucial role in supporting its sister organization financially.
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Impact
October, 2024
Mca Property Holding Corporation plays a significant role in the community by managing property assets and generating income that supports the activities of Muldoon Community Assembly, Inc. Based in Anchorage, Alaska, the organization is dedicated to holding title to property, which not only contributes to local economic stability but also enables the funding of various community improvement initiatives.
Through the collection of income from its property holdings, Mca Property Holding Corporation ensures a steady stream of financial resources. These net proceeds are then directed toward enhancing the services and programs provided by Muldoon Community Assembly, which can include community development projects, outreach programs, and other initiatives aimed at improving the quality of life for residents in the area.
This structured approach to property management and income allocation fosters a sense of communal growth and improvement, allowing for sustainable development that benefits the entire Anchorage community. By focusing on these goals, Mca Property Holding Corporation significantly impacts the local environment, economic landscape, and sense of community cohesion.
This information is meant to be a general summary of Mca Property Holding Corporation. 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.
- Investment Income: $146,554
- Gross Receipts: $1,253,729
Assets and Liabilities:
- Total Assets: $1,638,777
- Total Liabilities: $978,740
- Net Assets: $660,037
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Organization Details
Founding Year
2010
Principal Officer
Kent Redfearn
Main Address
7041 DeBarr Rd, Anchorage, AK, 99504
Website
www.mcaonline.orgNTEE Category
Code: S47 - Community improvement
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