Overview
What is Transformation Holdings Inc?
Transformation Holdings Inc is a corporation primarily established to serve as a title holder for real estate and investments. Its purpose is to facilitate the use of these assets by a related 501(c)3 organization, in this case, Ministries of Jesus, Inc. This structure allows for the efficient management and allocation of resources towards charitable causes. The corporation has transferred its cash assets to its related organization, further solidifying its mission of supporting nonprofit activities.
Is Transformation Holdings Inc legitimate?
Transformation Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Transformation Holdings 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Transformation Holdings Inc?
Transformation Holdings Inc was established with the primary objective of holding title to real estate and investments. Its purpose is to permit the utilization of these assets by a related 501(c)3 organization. The corporation sold its property and transferred its cash assets to Ministries of Jesus, Inc., a related 501(c)3 organization, continuing to adhere to its original mission. The corporation's role is to serve as a title holder for real estate and investments, ultimately benefiting the associated non-profit organization.
Who is the CEO of Transformation Holdings Inc?
Dr Joe Pierce is the Executive Di of Transformation Holdings Inc.
What is the revenue of Transformation Holdings Inc?
Transformation Holdings Inc's revenue in 2022 was $0.
Who are the executives of Transformation Holdings Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Transformation Holdings Inc?
Transformation Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Transformation Holdings Inc
Transformation Holdings Inc, as a corporation, was established with a specific mission. This mission was to hold title to real estate and investments, with the intent of allowing their utilization by a related 501(c)3 organization. In simpler terms, Transformation Holdings Inc serves as a trustee for real estate and investments, enabling a related charitable organization to make use of these resources. The corporation ultimately sold its property and transferred its cash assets to Ministries of Jesus, Inc., a related 501(c)3 organization. This action further solidifies Transformation Holdings Inc's role as a supporting entity for charitable organizations, allowing them to expand their reach and impact.
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Impact
October, 2024
Transformation Holdings Inc plays a significant role in supporting community improvement through strategic real estate and investment management. By holding title to various properties and assets, the organization enables a related 501(c)(3) entity to effectively utilize these resources in its mission. The sale of property and the transfer of cash assets to Ministries of Jesus, Inc. reflect its commitment to optimizing resources for impactful community initiatives in Edmond, OK.
The corporation's focused approach to real estate and investment ensures that resources are marshaled efficiently, allowing for sustained support of community programs and services. This model fosters collaboration between entities, helping to drive positive change and enhance the overall wellbeing of the community it serves. Through its activities, Transformation Holdings Inc empowers affiliated organizations to make a notable difference in the lives of those in need, aligning with their mission of community improvement.
This information is meant to be a general summary of Transformation Holdings 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: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2006
Phone
(405) 340-7400Principal Officer
Dr Joe Pierce
Main Address
1100 EAST I 35 FRONTAGE RD, EDMOND, OK, 73034
NTEE Category
Code: S47 - Community improvement
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