Overview
What is 2173 Holding Company?
2173 Holding Company is a nonprofit organization situated in Okemos, Michigan, with an address at 2173 Commons Parkway. The primary purpose of this organization is to uphold its title to a property, which serves as the operational base for Michigan Community Action, a different nonprofit entity. This property is utilized to carry out the exempt mission of the Michigan Community Action, as per the provided information.
Is 2173 Holding Company legitimate?
2173 Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. 2173 Holding Company 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
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What is the mission statement of 2173 Holding Company?
The mission of 2173 Holding Company is primarily focused on holding title to property, serving as a means to carry out the exempt purpose of Michigan Community Action. This exempt purpose is not explicitly stated in the provided information, but it can be inferred that the property is used for a charitable or community-based cause, given the affiliation with Michigan Community Action (EIN 38-2292435). The company maintains a building located at 2173 Commons Parkway, Okemos, Michigan, which is presumably used for the exempt purpose. The exact nature of the activities carried out at this location and the specific objectives of the holding company are not specified in the provided data.
Who is the CEO of 2173 Holding Company?
Brian Mcgrain is the Chair of 2173 Holding Company.
What is the revenue of 2173 Holding Company?
2173 Holding Company's revenue in 2022 was $74,905.
Who are the executives of 2173 Holding Company and what are their salaries?
There 4 volunteers at 2173 Holding Company.
Here are 6 key members and their salaries:
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Where can I find the form 990 for 2173 Holding Company?
2173 Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 2173 Holding Company
2173 Holding Company's primary mission is centered around holding the title to property that serves a pivotal role in carrying out the exempt purpose of Michigan Community Action. This exempt purpose is not explicitly provided in the given information, but it can be inferred that the holding company's role is to support a nonprofit organization with its operations, potentially through property ownership. By maintaining this property, 2173 Holding Company contributes to the overall mission of the associated nonprofit, Michigan Community Action. While the specifics of the property's use or the nature of Michigan Community Action's exempt purpose are not detailed, the holding company's role is essential in facilitating their mission.
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Impact
October, 2024
2173 Holding Company plays a crucial role in supporting the mission of Michigan Community Action by holding title to property specifically designated for community improvement initiatives. By managing and maintaining the building located at 2173 Commons Parkway in Okemos, Michigan, the company ensures the operational integrity of a space that facilitates various programs and services aimed at uplifting the local community.
The presence of this holding company allows Michigan Community Action to focus on its exempt purposes without the burden of property management, thus enhancing its capacity to serve the community effectively. The facility not only provides a physical space for community engagement but also acts as a hub for resources, support, and development programs. Through its stewardship of this property, 2173 Holding Company directly contributes to the social and economic enhancement of the Okemos area, fostering an environment conducive to growth and opportunity for its residents.
This information is meant to be a general summary of 2173 Holding Company. 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.
- Program Service Revenue: $66,000
- Gross Receipts: $90,000
Assets and Liabilities:
- Total Assets: $444,002
- Total Liabilities: $265,061
- Net Assets: $178,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$66,000
Organization Details
Founding Year
2010
Phone
(517) 321-7500Principal Officer
Brian Mcgrain
Main Address
2173 COMMONS PARKWAY, OKEMOS, MI, 48864
NTEE Category
Code: S47 - Community improvement
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