New Life Properties Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363604960 ✦ Beulah, ND ✦ Designated as a 501(c)(2)

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Overview

What is New Life Properties Inc?

New Life Properties Inc serves as a holding company, overseeing real estate assets owned and managed by New Life Worship Center, a nonprofit organization. The primary objective of New Life Properties is to financially reinforce New Life Worship Center, channeling any surplus income towards the organization's expansion and improvement. By doing so, New Life Properties contributes to the growth and development of the worship center, ultimately benefitting its overall mission and impact.


Official website here: www.newlifeweb.org

Is New Life Properties Inc legitimate?

New Life Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. New Life Properties Inc submitted a form 990EZ, 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.


Official website here: www.newlifeweb.org

What is the mission statement of New Life Properties Inc?

New Life Properties Inc, functioning as a holding company for properties owned and managed by New Life Worship Center, a nonprofit organization, is committed to supporting the growth and development of the worship center. This is achieved by channeling the company's net earnings towards the betterment of the organization. By doing so, New Life Properties Inc contributes to the continued success and expansion of the New Life Worship Center.


Official website here: www.newlifeweb.org

Who is the CEO of New Life Properties Inc?

Pastor Ron Enget is the President of New Life Properties Inc.


Official website here: www.newlifeweb.org

What is the revenue of New Life Properties Inc?

New Life Properties Inc's revenue in 2022 was $17,455.


Official website here: www.newlifeweb.org

Who are the executives of New Life Properties Inc and what are their salaries?


Here are 6 key members and their salaries:


Pastor Ron Enget (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Sayler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Playle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donovan Schnabel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Maas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newlifeweb.org

Where can I find the form 990EZ for New Life Properties Inc?

New Life Properties Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.newlifeweb.org

Learn more at the official website: www.newlifeweb.org

Mission Statement of New Life Properties Inc

New Life Properties Inc, functioning as a holding company, is dedicated to supporting New Life Worship Center, a nonprofit organization. Its mission is to contribute to the organization's growth and development by utilizing any surplus earnings derived from the management of its properties. By doing so, New Life Properties aims to bolster the capabilities and influence of New Life Worship Center, thereby serving its purpose more effectively.

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Impact




October, 2024

New Life Properties Inc plays a significant role in the community by managing and operating properties that support the mission of the New Life Worship Center. By serving as a holding company, it effectively channels net proceeds into initiatives that foster growth and development for the worship center. This, in turn, enhances community engagement and support, promoting a stronger local network. The focus on community improvement provides a tangible benefit, as the resources generated help advance the center’s programs and outreach efforts, ultimately enriching the lives of those in Beulah, ND. Through its operations, New Life Properties Inc creates a positive impact, facilitating opportunities for development and community cohesion.




This information is meant to be a general summary of New Life Properties 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.

Revenue
$17,455 (2022)
Expenses
$54,295 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $17,455

Assets and Liabilities:

  • Total Assets: $392,852
  • Total Liabilities: $0
  • Net Assets: $392,852

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Organization Details

Principal Officer

Pastor Ron Enget

Main Address

416 7TH ST PO BOX 1198, BEULAH, ND, 58523

NTEE Category

Code: S47 - Community improvement

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