Overview
What is Disability Rights Texas Holding Company?
Disability Rights Texas Holding Company is a nonprofit organization situated in Austin, Texas, with an address at 2222 West Braker Lane. Its primary role is to manage real estate properties, collecting rent and subsequently distributing the net income to a related 501(c)(3) tax-exempt organization. This organization serves as a financial intermediary, allowing the main nonprofit to focus on its mission without the administrative burden of property management. The company's activities are centered around property management and income distribution, contributing to the overall mission of its related 501(c)(3) organization.
Is Disability Rights Texas Holding Company legitimate?
Disability Rights Texas Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Disability Rights Texas 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
For more financial information, click here
What is the mission statement of Disability Rights Texas Holding Company?
Disability Rights Texas Holding Company's primary role is to manage real estate properties. The company collects rent from these properties and then distributes the net income to a related 501(c)(3) tax-exempt organization, which is likely dedicated to supporting individuals with disabilities. Although Disability Rights Texas Holding Company does not directly work with individuals with disabilities, its activities indirectly contribute to their well-being by supporting the mission of the affiliated organization. The exact nature of this affiliated organization and its mission are not specified in the provided information.
Who is the CEO of Disability Rights Texas Holding Company?
Mary Faithfull is the Trustee of Disability Rights Texas Holding Company.
What is the revenue of Disability Rights Texas Holding Company?
Disability Rights Texas Holding Company's revenue in 2022 was $509,026.
Who are the executives of Disability Rights Texas Holding Company and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $220,820
- Other: $19,939
- Compensation: $0
- Related: $132,726
- Other: $19,939
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Disability Rights Texas Holding Company?
Disability Rights Texas Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Disability Rights Texas Holding Company
Disability Rights Texas Holding Company, as its mission statement suggests, serves as a title holder for real property. Its primary function is to collect rent from this property and subsequently remit the net income to a related 501(c)(3) tax-exempt organization. This organization, while not explicitly mentioned in the provided data, is likely engaged in advocacy, support, or other services for individuals with disabilities, as the name suggests. By holding and managing this property, Disability Rights Texas Holding Company plays a crucial role in supporting the associated nonprofit organization financially.
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Impact
October, 2024
Disability Rights Texas Holding Company plays a crucial role in supporting the financial sustainability of its affiliated organization through real estate management. By holding title to real property and collecting rent, it generates net income that is remitted to the related 501(c)(3) organization. This financial mechanism allows for the continued operation and enhancement of services aimed at promoting disability rights and community improvement. The organization’s activities directly contribute to the stability and growth of initiatives that focus on supporting individuals with disabilities in Texas, thereby fostering a more inclusive and accessible community.
This information is meant to be a general summary of Disability Rights Texas 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.
- Investment Income: -$7,944
- Program Service Revenue: $516,970
- Gross Receipts: $509,026
Assets and Liabilities:
- Total Assets: $3,531,651
- Total Liabilities: $2,341,439
- Net Assets: $1,190,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING INCOME
Revenue
$18,800
OTHER INCOME
Revenue
$9,000
RENT INCOME
Revenue
$489,170
Organization Details
Founding Year
2012
Phone
(512) 454-4816Principal Officer
Mary Faithfull
Main Address
2222 WEST BRAKER LANE, AUSTIN, TX, 78758
NTEE Category
Code: S99 - Community improvement
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