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1004 7th Avenue Holding Corporation

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

EIN: 463894446 ✦ Fort worth, TX ✦ Designated as a 501(c)(2)

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Overview

What is 1004 7th Avenue Holding Corporation?

1004 7th Avenue Holding Corporation serves as a property holder for the Ronald McDonald House of Fort Worth, Inc., a nonprofit organization. Their primary mission is to provide a shelter and support system for children and their parents undergoing serious medical treatment, irrespective of race, creed, sex, or national origin. The corporation's role is to ensure the property, located at 1004 7th Avenue, Fort Worth, Texas, is utilized for this purpose. The Ronald McDonald House aims to offer a conducive environment for resolving health and psychosocial issues, thereby facilitating a return to good health and normal childhood activities. The corporation operates on a not-for-profit basis, ensuring that no profit accrues to its organizers or trustees.

Is 1004 7th Avenue Holding Corporation legitimate?

1004 7th Avenue Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. 1004 7th Avenue Holding Corporation 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 1004 7th Avenue Holding Corporation?

The 1004 7th Avenue Holding Corporation's mission is to maintain ownership of property, specifically utilized by the Ronald McDonald House of Fort Worth, Inc. This organization's primary purpose is to provide a residence for children and their parents, irrespective of race, creed, sex, or national origin, who are undergoing treatment for serious diseases. The property also serves as a meeting place to aid in resolving health and psychosocial issues. Its ultimate goal is to facilitate a return to good health and normal childhood activities for these individuals, all without generating profit for the corporation, its associates, or trustees.

Who is the CEO of 1004 7th Avenue Holding Corporation?

Jennifer Johns is the Secretary/Ceo of 1004 7th Avenue Holding Corporation. The CEO's salary of 1004 7th Avenue Holding Corporation is $0 and their total compensation is $174,001.

What is the revenue of 1004 7th Avenue Holding Corporation?

1004 7th Avenue Holding Corporation's revenue in 2020 was $10,316,540.

Who are the executives of 1004 7th Avenue Holding Corporation and what are their salaries?

There 2 volunteers at 1004 7th Avenue Holding Corporation.


Here are 3 key members and their salaries (1004 7th Avenue Holding Corporation's CEO's salary is $0 and their total compensation is $174,001):


Jennifer Johns (Secretary/Ceo)
  • Compensation: $0
  • Related: $158,438
  • Other: $15,563
Robert Lohman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Heydenburk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 1004 7th Avenue Holding Corporation?

1004 7th Avenue Holding Corporation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of 1004 7th Avenue Holding Corporation

1004 7th Avenue Holding Corporation's mission is centered around supporting the Ronald McDonald House of Fort Worth, Inc. This corporation holds title to property that serves a significant purpose for the nonprofit organization. The property, in turn, is utilized by the Ronald McDonald House of Fort Worth, Inc. to fulfill its exempt purpose. This purpose involves providing a residence for children and their parents, who are undergoing treatment for serious diseases. The house acts as a safe haven, offering essentials such as food, clothing, and a supportive environment.

Beyond offering a place to stay, the Ronald McDonald House of Fort Worth, Inc. also provides a meeting place to aid in the resolution of health and psychosocial issues. The corporation's property plays a role in fostering a return to good health and normal childhood activities for these children and their families. The organization operates without profit motive for the benefit of the Ronald McDonald House of Fort Worth, Inc., its incorporators, organizers, or trustees.

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Impact




October, 2024

1004 7th Avenue Holding Corporation plays a crucial role in supporting the Ronald McDonald House of Fort Worth by holding the title to the property used for the House's operations. This enables the House to offer a vital residence for children undergoing treatment for serious illnesses and their families, regardless of race, creed, sex, or national origin. The corporation's efforts ensure that families have a place to stay that fosters a supportive environment, aiding in the resolution of health and psycho-social challenges.

By providing this essential support, 1004 7th Avenue Holding Corporation directly contributes to the well-being and recovery of children in distressing circumstances. The facility not only offers housing but also acts as a community hub that encourages normal childhood activities and promotes a return to good health. Ultimately, the corporation enhances the quality of life for families during difficult times, reaffirming the importance of community improvement and support in the face of health challenges.




This information is meant to be a general summary of 1004 7th Avenue Holding Corporation. 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
$10,316,540 (2020)
Expenses
$7,524,145 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $128
  • Program Service Revenue: $170,568
  • Gross Receipts: $10,316,540

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FACILITY RENTAL

Revenue

$170,568

Organization Details

Founding Year

2013

Principal Officer

Jennifer Johns

Main Address

1004 7TH AVENUE, FORT WORTH, TX, 76104

NTEE Category

Code: S50 - Community improvement

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