Overview
What is Legacy Title Holding Corporation?
Legacy Title Holding Corporation is a 501(c)(2) nonprofit organization situated in Durant, Oklahoma. Its primary function is to acquire property titles and then lease out these properties. Established with the intention of holding property titles, this organization plays a unique role in the real estate sector, providing a service that allows for the leasing of properties it holds. Its operations are geared towards Durant, Oklahoma, demonstrating a local commitment to the community.
Is Legacy Title Holding Corporation legitimate?
Legacy Title Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Legacy Title 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
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What is the mission statement of Legacy Title Holding Corporation?
Legacy Title Holding Corporation, being a 501(c)(2) organization, is primarily focused on holding title deeds for properties. It then leases out these properties, as indicated in its operations. However, the provided information does not provide a clear mission statement that goes beyond its primary function. Therefore, it is unavailable to provide a detailed mission statement summary for Legacy Title Holding Corporation.
Who is the CEO of Legacy Title Holding Corporation?
Jacob Sheriff is the President/Tr of Legacy Title Holding Corporation.
What is the revenue of Legacy Title Holding Corporation?
Legacy Title Holding Corporation's revenue in 2022 was $1,276,064.
Who are the executives of Legacy Title Holding Corporation and what are their salaries?
There 3 volunteers at Legacy Title Holding Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $54,842
- Other: $100,783
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Legacy Title Holding Corporation?
Legacy Title Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Legacy Title Holding Corporation
Legacy Title Holding Corporation, as a 501(c)(2) organization, is established with the primary mission of holding title to property. This organization does not directly engage in any activities related to the property, but instead, it serves as a title holder. By holding the title, Legacy Title Holding Corporation enables the leasing of the property it manages, thus contributing to property-related transactions in an indirect manner.
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Impact
October, 2024
Legacy Title Holding Corporation plays a significant role in the community by managing and leasing properties in Durant, Oklahoma. By holding the title to these properties, the organization ensures that they are maintained and utilized effectively, contributing to the overall improvement of the local environment. Its activities help facilitate community development and provide spaces that can be used for various purposes, which can enhance local economic opportunities. By focusing on property management and leasing, Legacy Title Holding Corporation directly supports community engagement and growth, aligning its efforts with broader goals of community improvement.
This information is meant to be a general summary of Legacy Title 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $75,062
- Program Service Revenue: $240,322
- Gross Receipts: $2,327,834
Assets and Liabilities:
- Total Assets: $13,198,790
- Total Liabilities: $509,550
- Net Assets: $12,689,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$240,322
Organization Details
Founding Year
2014
Phone
(580) 916-9022Principal Officer
Jacob Sheriff
Main Address
PO BOX 427, DURANT, OK, 74702
NTEE Category
Code: S47 - Community improvement
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