Overview
What is Block 4 Acquisitions Inc?
Block 4 Acquisitions Inc is a nonprofit organization with a specific mission. Its primary role is to manage and generate income from property ownership, ultimately transferring the proceeds, after deducting expenses, to the Muriel McBrien Kauffman Foundation, a recognized 501(c)(3) nonprofit organization. This foundation then utilizes the funds for its charitable purposes. The organization's activities are confined to property management and income distribution.
Is Block 4 Acquisitions Inc legitimate?
Block 4 Acquisitions Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Block 4 Acquisitions 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 Block 4 Acquisitions Inc?
Block 4 Acquisitions Inc's primary objective is to serve as a property title holder. The organization collects income generated from the property and subsequently transfers the net income, after deducting expenses, to the Muriel McBrien Kauffman Foundation, a recognized 501(c)(3) organization. The main purpose of Block 4 Acquisitions Inc is to support the charitable activities of the Muriel McBrien Kauffman Foundation by managing its property-related income. The organization operates with a sole focus on this specific objective, ensuring the smooth transfer of funds to the foundation.
In simpler terms, Block 4 Acquisitions Inc serves as a bridge between property ownership and a charitable foundation, channeling the income generated from the property to the foundation for its philanthropic initiatives. The organization's role is to manage the property, collect the income, and distribute the net amount to the Muriel McBrien Kauffman Foundation. This arrangement enables the foundation to utilize the funds for its charitable purposes, while Block 4 Acquisitions Inc ensures the financial transaction is executed efficiently.
Who is the CEO of Block 4 Acquisitions Inc?
David Lady is the President of Block 4 Acquisitions Inc.
What is the revenue of Block 4 Acquisitions Inc?
Block 4 Acquisitions Inc's revenue in 2021 was $35,200.
Who are the executives of Block 4 Acquisitions Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $249,604
- Other: $54,760
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Block 4 Acquisitions Inc?
Block 4 Acquisitions Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Block 4 Acquisitions Inc
Block 4 Acquisitions Inc, as a nonprofit organization, is primarily established for the purpose of managing real estate properties. Its primary mission involves holding the title to these properties, generating income from them, and subsequently transferring the entire earnings, after deducting expenses, to the Muriel McBrien Kauffman Foundation, a recognized 501(c)(3) organization. In essence, Block 4 Acquisitions Inc serves as a financial intermediary, channeling income generated from its property portfolio to the Muriel McBrien Kauffman Foundation for further charitable initiatives. The organization's role is instrumental in supporting the foundation's mission by providing a steady stream of income for its various social welfare projects.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Block 4 Acquisitions Inc played a pivotal role in managing and holding property assets for the benefit of the Muriel McBrien Kauffman Foundation. By acquiring and maintaining real estate, the organization facilitated the generation of income, which was then directed to support the foundation’s initiatives and programs. This structure not only optimized financial resources but also ensured that the properties served a greater purpose aligned with the foundation's mission. Although currently inactive, the impact of Block 4 Acquisitions Inc can be seen in the way it contributed to strategic revenue channels for philanthropic efforts in housing and community development.
This information is meant to be a general summary of Block 4 Acquisitions 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 2021.
- Gross Receipts: $35,200
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(816) 932-1219Principal Officer
David Lady
Main Address
4801 ROCKHILL ROAD, KANSAS CITY, MO, 64110
NTEE Category
Code: L21 - Housing
If you are a representative of Block 4 Acquisitions Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.