Overview
What is Guadalupe Holding Company?
Guadalupe Holding Company (GHC) is a company that plays a significant role in supporting educational programs. They have constructed a school building for Guadalupé Center Educational Programs, Inc. (GCEP) using New Markets Tax Credits. GHC leases the built facility to GCEP under a 30-year net lease agreement. Another supporting organization, Friends of Guadalupe, received a grant from GCEP to fund a loan to an investment fund, which eventually invested in GHC. In essence, Guadalupe Holding Company acts as a facilitator for educational institutions by providing them with necessary infrastructure.
Is Guadalupe Holding Company legitimate?
Guadalupe Holding Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guadalupe 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
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What is the mission statement of Guadalupe Holding Company?
Guadalupe Holding Company's mission is centered around constructing and providing a location for Guadalupe Center Educational Programs Inc. to carry out its educational activities. Specifically, Guadalupe Holding Company constructs educational facilities for Guadalupe Center Educational Programs Inc., utilizing New Markets Tax Credits. This collaboration aims to provide a suitable space for the educational programs to function effectively.
In addition, another supporting organization, Friends of Guadalupe, received a grant from Guadalupes Center Educational Programs Inc. to fund a leverage loan for an investment fund that invested in Guadalupe Holding Company. As a result, Guadalupe Holding Company will lease the built facility to Guadalupe Center Educational Programs Inc. under a net lease for a 30-year term. This partnership ensures that Guadalupe Center Educational Programs Inc. has a permanent location to carry out its educational activities.
Who is the CEO of Guadalupe Holding Company?
James Carter is the President of Guadalupe Holding Company.
What is the revenue of Guadalupe Holding Company?
Guadalupe Holding Company's revenue in 2022 was $353,607.
Who are the executives of Guadalupe Holding Company and what are their salaries?
There 3 volunteers at Guadalupe Holding Company.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $159,774
- Other: $29,725
Where can I find the form 990 for Guadalupe Holding Company?
Guadalupe Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Guadalupe Holding Company
Guadalupe Holding Company, abbreviated as GHC, is a company with a specific mission. Its primary objective is to construct and provide a suitable location for Guadalupe Center Educational Programs, Inc. (GCEP) to carry out its educational functions effectively. GHC achieves this by utilizing New Markets Tax Credits to build educational facilities for GCEP. By doing so, GHC plays a crucial role in supporting the educational endeavors of GCEP, ensuring they have a conducive environment to carry out their programs.
Furthermore, Guadalupe Holding Company enters into a 30-year net lease agreement with GCEP for the leased building. This arrangement allows GCEP to utilize the facility for its educational programs without the financial burden of owning the property. This partnership between GHC and GCEP enables the educational programs to focus on delivering quality education and other services to their target audience, while GHC manages the property-related aspects.
In summary, Guadalupe Holding Company's mission is centered around providing a suitable location for Guadalupe Center Educational Programs to carry out its functions effectively. By constructing educational facilities and entering into a long-term lease agreement, Guadalupe Holding Company ensures that GCEP has the necessary infrastructure to deliver its educational programs successfully.
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Impact
October, 2024
Guadalupe Holding Company (GHC) plays a pivotal role in enhancing educational opportunities by constructing and leasing educational facilities to the Guadalupe Center Education Programs, Inc. (GCEP). By utilizing new markets tax credits, GHC successfully created a physical space that supports GCEP's mission to deliver essential educational services.
Located in Salt Lake City, Utah, GHC's initiatives ensure that GCEP has a dedicated location to execute its educational programs effectively. The long-term net lease arrangement, spanning 30 years, provides stability and continuity for GCEP's operations, allowing them to focus on their core mission without the uncertainty of facility-related issues.
Additionally, GHC collaborates with supporting organizations like Friends of Guadalupe (FOG), which enhances financial sustainability through leveraged loans and grants. This interconnected support system underscores GHC's impact on the community, as it not only facilitates educational infrastructure but also fosters partnerships that enhance the overall quality and reach of educational programs. Through its efforts, Guadalupe Holding Company significantly contributes to the development of a robust educational environment that benefits the community at large.
This information is meant to be a general summary of Guadalupe 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: $353,607
- Gross Receipts: $353,607
Assets and Liabilities:
- Total Assets: $6,372,988
- Total Liabilities: $94,347
- Net Assets: $6,278,641
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Organization Details
Founding Year
2013
Phone
(801) 531-6100Principal Officer
James Carter
Main Address
1385 N 1200 W, SALT LAKE CITY, UT, 84116
NTEE Category
Code: B19 - Education
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