Overview
What is Bsf International Properties Corp?
Bsf International Properties Corp is a nonprofit organization based in San Antonio, Texas, with an address at 19001 Huebner Road, 78258. Its primary purpose is to act as a title holding company, acquiring property and managing income derived from it. The organization's mission is to collect income from these properties (if any) and subsequently transfer the entire amount, after subtracting expenses, to Bible Study Fellowship, a nonprofit organization that falls under Section 501(c)(3) of the Internal Revenue Code.
Is Bsf International Properties Corp legitimate?
Bsf International Properties Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bsf International Properties Corp 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 Bsf International Properties Corp?
Bsf International Properties Corp is established as a title holding company with a specific mission. Its primary objective is to maintain ownership of property and generate income, if any, from it. Notably, the corporation is set up to pass on the income, after deducting expenses, to Bible Study Fellowship, a charitable organization recognized under Section 501(c)(3) of the Internal Revenue Code. This transfer of funds supports the activities and initiatives of Bible Study Fellowship, contributing to its overall mission.
What is the revenue of Bsf International Properties Corp?
Bsf International Properties Corp's revenue in 2023 was $30,016.
Who are the executives of Bsf International Properties Corp and what are their salaries?
There 6 volunteers at Bsf International Properties Corp.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $217,878
- Other: $18,460
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $155,262
- Other: $28,329
- Compensation: $0
- Related: $172,328
- Other: $15,655
- Compensation: $0
- Related: $139,493
- Other: $6,290
- Compensation: $0
- Related: $157,592
- Other: $3,562
Where can I find the form 990 for Bsf International Properties Corp?
Bsf International Properties Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bsf International Properties Corp
Bsf International Properties Corp is a title holding company with a specific mission. Its primary objective is to hold title to various properties and collect any potential income derived from these properties. Notably, this nonprofit corporation does not retain any of the income for itself. Instead, it distributes the entire amount, after deducting expenses, to Bible Study Fellowship, an organization recognized under Section 501(c)(3) of the Internal Revenue Code. By doing so, Bsf International Properties Corp effectively acts as a financial intermediary, channeling resources to support the charitable activities of Bible Study Fellowship. This mission underscores its commitment to contributing to the broader community and supporting organizations dedicated to making a positive impact.
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Impact
October, 2024
Bsf International Properties Corp plays a crucial role in supporting the activities of Bible Study Fellowship (BSF) by managing and holding title to properties that generate income for the organization. This ensures that financial resources are available to further BSF's mission of promoting religious education and community engagement. The corporation's structured approach to property management allows for effective utilization of real estate assets, with any generated income, after covering operational expenses, being directed entirely to BSF. This creates a sustainable financial backbone for BSF, enabling it to expand its outreach and impact within the community and beyond, ultimately fostering a deeper understanding of religious teachings and promoting fellowship among its participants.
This information is meant to be a general summary of Bsf International Properties Corp. 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: $16
- Gross Receipts: $30,016
Assets and Liabilities:
- Total Assets: $1,146,065
- Total Liabilities: $1,400
- Net Assets: $1,144,665
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Organization Details
Founding Year
2013
Principal Officer
Hollie Roberts
NTEE Category
Code: X99 - Religion related
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