Overview
What is Rhop Holdings Inc?
Rhop Holdings Inc is a corporation primarily established to manage and generate income from property holdings. The company's primary goal is to transfer the income it accumulates, after deducting related expenses, to another organization that qualifies for tax-exempt status under IRC 501(a). Although the specific nature of the organization benefiting from Rhop Holdings' income is not specified in the information provided, it can be inferred that the corporation acts as a holding entity for property, ultimately contributing to a tax-exempt organization's revenue.
Is Rhop Holdings Inc legitimate?
Rhop Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rhop Holdings Inc submitted a form 990EZ, 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.
What is the mission statement of Rhop Holdings Inc?
Rhop Holdings Inc has a specific purpose, primarily revolving around property ownership. The corporation collects income derived from this property and subsequently transfers the net income, after accounting for expenses, to an organization that holds a tax-exempt status under the Internal Revenue Code Section 501(a). In essence, Rhop Holdings Inc serves as a vehicle for property management, with the proceeds ultimately benefiting a tax-exempt organization.
Who is the CEO of Rhop Holdings Inc?
Lisa Avila is the President of Rhop Holdings Inc.
What is the revenue of Rhop Holdings Inc?
Rhop Holdings Inc's revenue in 2020 was $0.
Who are the executives of Rhop Holdings Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Rhop Holdings Inc?
Rhop Holdings Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Rhop Holdings Inc
Rhop Holdings Inc, as outlined in its mission, is primarily established for a singular, unique purpose. This corporation serves to hold title to property and generate income from it. Its primary objective is to then transfer the entire income, after deducting any expenses, to an organization that is itself exempt under the Internal Revenue Code section 501(a). In essence, Rhop Holdings Inc acts as a financial intermediary, channeling resources to a non-profit entity that qualifies for tax-exempt status under the United States tax code.
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Impact
October, 2024
Rhop Holdings Inc plays a significant role in the community by serving as a financial steward, focused on managing and optimizing real estate assets. By holding title to property and collecting income generated from these assets, the organization ensures that resources are efficiently utilized. The revenues collected are then reallocated, after expenses, to support an organization that is tax-exempt under IRC 501(a). This impact not only provides financial support to a worthy cause but also reinforces the cycle of giving within the community, aiding in the sustainability of social programs and public benefit initiatives. Operating in Ripon, CA, Rhop Holdings Inc underscores the importance of resource management and community investment, contributing to a broader mission of public benefit.
This information is meant to be a general summary of Rhop 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
Assets and Liabilities:
- Total Assets: $195,183
- Total Liabilities: $195,183
- Net Assets: $0
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Organization Details
Phone
(209) 599-6288Principal Officer
Lisa Avila
Main Address
PO BOX 1228, RIPON, CA, 95366
NTEE Category
Code: W99 - Public benefit
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