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Cara Holdings Inc

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

EIN: 463309176 ✦ Hartford, CT ✦ Designated as a 501(c)(2)

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Overview

What is Cara Holdings Inc?

Cara Holdings Inc, based in Hartford, Connecticut, primarily functions as a nonprofit organization that manages and generates income from real and personal property that it legally owns. Their primary objective is to hold title to these properties and collect the associated income. This income may come from various sources, such as rents, leases, or sales, and is utilized to support their operations. While the information provided does not detail the specific causes or communities they serve, Cara Holdings Inc's primary focus is on property management and income generation.


Official website here: www.ctcar.org

Is Cara Holdings Inc legitimate?

Cara Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cara Holdings 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ctcar.org

What is the mission statement of Cara Holdings Inc?

Cara Holdings Inc's primary mission is centered around managing and generating income from its holdings of real and personal property. The organization's primary objective is to maintain ownership of these properties and derive income from them. This income is a crucial aspect of Cara Holdings Inc's operations. The company's activities primarily revolve around managing its property portfolio to maximize income generation. It should be noted that Cara Holdings Inc's mission does not involve providing services or products beyond the management of its real and personal properties.


Official website here: www.ctcar.org

Who is the CEO of Cara Holdings Inc?

Sarah Fryxell is the President & Secretary of Cara Holdings Inc.


Official website here: www.ctcar.org

What is the revenue of Cara Holdings Inc?

Cara Holdings Inc's revenue in 2022 was $97,876.


Official website here: www.ctcar.org

Who are the executives of Cara Holdings Inc and what are their salaries?

There 3 volunteers at Cara Holdings Inc.


Here are 4 key members and their salaries:


Sarah Fryxell (President & Secretary)
  • Compensation: $0
  • Related: $166,154
  • Other: $0
Hayden Reynolds (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Clayton Gengras Iii (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Valenti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ctcar.org

Where can I find the form 990 for Cara Holdings Inc?

Cara Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ctcar.org

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

Mission Statement of Cara Holdings Inc

Cara Holdings Inc, as stated in its mission, is primarily focused on managing and collecting income from real and personal property that it holds title to. The organization's role is to oversee these properties, generating income from them. This mission is essentially about property management and income generation, with Cara Holdings Inc serving as the steward of the property titles.

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Impact




October, 2024

Cara Holdings Inc has a significant impact by managing and generating income from real and personal property. Located in Hartford, Connecticut, the organization focuses on holding titles to these properties, which allows it to collect income that can be reinvested into community improvement initiatives. This strategic approach not only maintains and enhances property value but also supports local economic development. By leveraging property assets, Cara Holdings Inc contributes to the overall betterment of the community, providing resources that can lead to more sustainable and improved living conditions for residents.




This information is meant to be a general summary of Cara Holdings 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
$97,876 (2022)
Expenses
$25,966 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,626
  • Gross Receipts: $99,179

Assets and Liabilities:

  • Total Assets: $982,868
  • Total Liabilities: $2,500
  • Net Assets: $980,368

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Organization Details

Founding Year

2013

Principal Officer

Sarah Fryxell

Main Address

36 TRUMBULL STREET, HARTFORD, CT, 06103

NTEE Category

Code: S47 - Community improvement

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