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Rcc Property Holdings Inc

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

EIN: 464668505 ✦ Largo, FL ✦ Designated as a 501(c)(2)

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Overview

What is Rcc Property Holdings Inc?

Rcc Property Holdings Inc is a nonprofit organization based in Largo, Florida, with an address at 12552 Belcher Road South. Its primary purpose is to manage and maintain property titles, generating income from these properties. The company then forwards the total income, after deducting expenses, to its tax-exempt parent organization. This role effectively ensures the continuous operation and growth of its tax-exempt parent organization.

Is Rcc Property Holdings Inc legitimate?

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

What is the mission statement of Rcc Property Holdings Inc?

Rcc Property Holdings Inc's primary role is to manage property assets. It collects income generated from these properties and subsequently transfers the majority of the earnings, after deducting expenses, to its tax-exempt parent company. Essentially, Rcc Property Holdings Inc serves as a property management entity, contributing a significant portion of its income to its parent company.

Who is the CEO of Rcc Property Holdings Inc?

Nicole Reed is the President of Rcc Property Holdings Inc.

What is the revenue of Rcc Property Holdings Inc?

Rcc Property Holdings Inc's revenue in 2022 was $25,723.

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


Here are 4 key members and their salaries:


Jack Humburg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Silvers (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Leggett (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Reed (Excutive Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rcc Property Holdings Inc?

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

Mission Statement of Rcc Property Holdings Inc

Rcc Property Holdings Inc, as per its mission statement, is primarily focused on holding title to property and collecting income derived from it. This income is then meticulously managed, with the majority of the sum being transferred to its tax-exempt parent company, after deducting any associated expenses. By carrying out this task, Rcc Property Holdings Inc plays a crucial role in supporting its parent organization financially, thereby contributing to its overall operations and objectives.

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Impact




October, 2024

Rcc Property Holdings Inc significantly contributes to community improvement by effectively managing property assets. By holding title to various properties, the organization not only generates income but also ensures that the financial resources are allocated to its tax-exempt parent company, ultimately benefiting the broader community. This process allows for reinvestment in local initiatives and projects, fostering economic stability and enhancing the quality of life in Largo, FL. Through its dedicated focus on property management and fiscal responsibility, Rcc Property Holdings Inc plays a vital role in supporting and sustaining community development efforts.




This information is meant to be a general summary of Rcc Property 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
$25,723 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $36,600

Assets and Liabilities:

  • Total Assets: $291,455
  • Total Liabilities: $30,208
  • Net Assets: $261,247

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Organization Details

Founding Year

2014

Principal Officer

Nicole Reed

Main Address

12552 BELCHER ROAD SOUTH, LARGO, FL, 337733014

NTEE Category

Code: S47 - Community improvement

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