Overview
What is Fhi Trevose Land Holding Inc C/O Federation Housing Inc?
Fhi Trevose Land Holding Inc, under the umbrella of Federation Housing Inc, is a nonprofit organization with a unique mission. Their primary goal is to acquire and manage real estate property, generating income from these properties. They then distribute the net income, after deducting expenses, to various organizations. This strategic approach enables them to support multiple organizations financially, contributing to various causes and initiatives.
Is Fhi Trevose Land Holding Inc C/O Federation Housing Inc legitimate?
Fhi Trevose Land Holding Inc C/O Federation Housing Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Fhi Trevose Land Holding Inc C/O Federation Housing 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 Fhi Trevose Land Holding Inc C/O Federation Housing Inc?
Fhi Trevose Land Holding Inc., acting under Federation Housing Inc., has a mission to procure and maintain ownership of real estate properties. The primary objective is to generate income from these properties. After deducting expenses, the entire income is then redirected to various organizations. In simpler terms, the company's mission is to serve as a property manager, generating revenue and then distributing it to other organizations.
Who is the CEO of Fhi Trevose Land Holding Inc C/O Federation Housing Inc?
Jay Weinstein is the President of Fhi Trevose Land Holding Inc C/O Federation Housing Inc.
What is the revenue of Fhi Trevose Land Holding Inc C/O Federation Housing Inc?
Fhi Trevose Land Holding Inc C/O Federation Housing Inc's revenue in 2022 was $29,167.
Who are the executives of Fhi Trevose Land Holding Inc C/O Federation Housing Inc and what are their salaries?
There 5 volunteers at Fhi Trevose Land Holding Inc C/O Federation Housing Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Fhi Trevose Land Holding Inc C/O Federation Housing Inc?
Fhi Trevose Land Holding Inc C/O Federation Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fhi Trevose Land Holding Inc C/O Federation Housing Inc
Fhi Trevose Land Holding Inc C/O Federation Housing Inc is dedicated to acquiring and holding title to real property with the primary objective of collecting income from these properties. The organization then proceeds to remit the entire income it generates, after deducting expenses, to one or more organizations. This mission, in essence, serves as a financial conduit, channeling income derived from real estate investments towards various other organizations. The company's role is to ensure the sustainable generation of income from its property holdings, which in turn, supports other organizations in their respective missions.
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Impact
October, 2024
Fhi Trevose Land Holding Inc C/O Federation Housing Inc plays a significant role in the real estate landscape, focusing on acquiring and holding title to real properties. By collecting income from these holdings and redistributing the net proceeds to various organizations, the entity enhances community resources and supports local initiatives.
The mission emphasizes financial sustainability and community improvement, which can lead to increased investment in the neighborhoods they serve. By providing a structured mechanism for income generation and allocation, the organization contributes to economic stability and growth in the Philadelphia area. This approach not only ensures that properties are maintained and generate income but also enables the support of various community-oriented projects or organizations, fostering overall enhancement within the community.
This information is meant to be a general summary of Fhi Trevose Land Holding Inc C/O Federation Housing 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.
- Gross Receipts: $29,167
Assets and Liabilities:
- Total Assets: $4,250,000
- Total Liabilities: $1,435,636
- Net Assets: $2,814,364
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Organization Details
Founding Year
2011
Phone
(215) 673-6446Principal Officer
Jay Weinstein
Main Address
8900 ROOSEVELT BLVD, PHILADELPHIA, PA, 19115
NTEE Category
Code: S470 - Community improvement
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