Overview
What is Songea Holding Corporation?
Songea Holding Corporation is a nonprofit organization situated in Brooklyn, New York, primarily engaged in acquiring and holding title to real property. Acting as a nominee for Camba Inc., Songea serves a unique role, ensuring the sole benefit of the property it manages. This mission-driven organization remains dedicated to its purpose, contributing to the real estate sector in a distinct capacity.
Is Songea Holding Corporation legitimate?
Songea Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Songea 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.
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
What is the mission statement of Songea Holding Corporation?
Songea Holding Corporation's primary function is to acquire and hold title to real property, acting as a nominee for Cambia Inc. This organization does not have a traditional mission statement focusing on societal issues or community development. Instead, its role is strictly limited to property acquisition and holding, serving the benefit of Cambia Inc. Songea Holding Corporation does not directly engage in any activities or initiatives beyond this purpose.
Who is the CEO of Songea Holding Corporation?
Valerie Barton-Richardson is the CEO of Songea Holding Corporation The CEO's salary of Songea Holding Corporation is $0 and their total compensation is $460,130.
What is the revenue of Songea Holding Corporation?
Songea Holding Corporation's revenue in 2024 was $590,174.
Who are the executives of Songea Holding Corporation and what are their salaries?
There 3 volunteers at Songea Holding Corporation.
Here are 7 key members and their salaries (Songea Holding Corporation's CEO's salary is $0 and their total compensation is $460,130):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $551,738
- Other: $137,282
- Compensation: $0
- Related: $413,775
- Other: $46,355
- Compensation: $0
- Related: $400,561
- Other: $67,595
- Compensation: $0
- Related: $205,881
- Other: $56,662
Where can I find the form 990 for Songea Holding Corporation?
Songea Holding Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Songea Holding Corporation
Songea Holding Corporation, as an organization, is primarily focused on acquiring and holding title to real property, acting as a nominee for Cambia Inc. This mission is carried out for the sole benefit of Cambia Inc., without any personal gain or involvement from Songea Holding Corporation itself. The organization's role is essentially to manage the title of real estate properties on behalf of Cambia Inc., serving as a legal intermediary in property transactions. This mission is crucial in facilitating property transactions with the primary objective of benefiting Cambia Inc. in its operations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Songea Holding Corporation plays a crucial role in community improvement by acquiring and holding title to real property on behalf of CAMBA Inc. This strategic approach enables the organization to support various initiatives that enhance local neighborhoods and improve living conditions. By managing real estate investments, Songea Holding Corporation helps create opportunities for development, establish stability in housing, and foster growth within the Brooklyn community. Their efforts contribute to the broader mission of CAMBA Inc., which focuses on providing essential services and support to empower individuals and families. Overall, Songea Holding Corporation serves as a vital asset in promoting social and economic well-being in the areas it serves.
This information is meant to be a general summary of Songea 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 2024.
- Program Service Revenue: $590,174
- Gross Receipts: $590,174
Assets and Liabilities:
- Total Assets: $2,622,173
- Total Liabilities: $2,732,620
- Net Assets: -$110,447
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$590,174
Organization Details
Founding Year
2000
Principal Officer
Valerie Barton-Richardson
NTEE Category
Code: S47 - Community improvement
If you are a representative of Songea Holding Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.