Overview
What is Bb Property Trust Ua Dated 71013?
Bb Property Trust Ua Dated 71013 is a trust established by Bethel World Outreach Center, Inc. located in Brentwood, Tennessee. The trust was formed with a church and its surrounding property, which it then leased back to Bethel for nominal consideration. Beyond acting as Bethel's landlord, the trust aims to utilize any additional assets it acquires to support Christian, Bible-believing churches and religious organizations with a focus on church planting, evangelism, and worldwide missions. The trust's mission is aligned with Bethel's objectives, particularly in its emphasis on spreading the faith globally.
Official website here: www.none
Is Bb Property Trust Ua Dated 71013 legitimate?
Bb Property Trust Ua Dated 71013 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bb Property Trust Ua Dated 71013 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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Official website here: www.none
What is the mission statement of Bb Property Trust Ua Dated 71013?
The BB Property Trust, established by Bethel World Outreach Center, Inc., aims to support various Christian, Bible-believing churches and religious organizations with an emphasis on church planting, evangelism, and world missions. Following its formation, Bethel contributed a church located in Brentwood, TN, along with the surrounding property, to the trust. The trust then entered into a lease agreement with Bethel, acting as their landlord for the leased church. In addition, the trust intends to utilize any other assets it acquires to support Bethel and its affiliates, as well as other similar organizations.
Official website here: www.none
Who is the CEO of Bb Property Trust Ua Dated 71013?
Michael Omartian is the Co-Trustee of Bb Property Trust Ua Dated 71013.
Official website here: www.none
What is the revenue of Bb Property Trust Ua Dated 71013?
Bb Property Trust Ua Dated 71013's revenue in 2022 was $1,000.
Official website here: www.none
Who are the executives of Bb Property Trust Ua Dated 71013 and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Bb Property Trust Ua Dated 71013
Bb Property Trust Ua Dated 71013 was established by Bethel World Outreach Center, Inc. (Bethel). Upon its formation, Bethel contributed a church located at 5670 Granny White Pike, Brentwood, TN, along with the surrounding real property, to the Trust. Subsequently, the Trust entered into a lease agreement with Bethel, agreeing to lease the Brentwood Church to Bethel. In addition to acting as Bethel's landlord under the lease agreement, the Trust aims to utilize any other assets contributed to or acquired by the Trust to support Bethel, its affiliates, and any other Christian, Bible-believing church or religious organization with an emphasis on church planting, evangelism, and world missions. The Trust's mission is centered around providing financial and logistical assistance to organizations that share its values and goals, ultimately contributing to the spread of Christianity and world missions.
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Impact
October, 2024
The Bb Property Trust Ua Dated 71013 plays a significant role in supporting religious activities and community initiatives in Brentwood, TN. Established by the Bethel World Outreach Center, Inc., the Trust manages a church property and surrounding real estate, which it leases back to Bethel for nominal consideration. This arrangement allows Bethel to focus on its mission activities while ensuring the maintenance and utilization of the church property.
By leveraging the assets it manages, the Trust aims to provide financial and operational support to Bethel and other like-minded Christian organizations. This includes a strong emphasis on church planting, evangelism, and world missions, which contribute to community development and religious outreach. The Trust’s operations not only preserve the property for communal worship but also foster a broader impact through charitable activities and spiritual initiatives aligned with its mission.
In sum, the Trust’s impact is multifaceted, promoting community improvement, enhancing religious engagement, and facilitating outreach programs that address spiritual and social needs.
This information is meant to be a general summary of Bb Property Trust Ua Dated 71013. 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.
- Gross Receipts: $1,000
Assets and Liabilities:
- Total Assets: $14,009,902
- Total Liabilities: $550,000
- Net Assets: $13,459,902
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Organization Details
Founding Year
2013
Phone
(615) 428-4545Principal Officer
Michael Omartian
Main Address
5670 GRANNY WHITE PIKE, BRENTWOOD, TN, 37027
Website
www.noneNTEE Category
Code: S47 - Community improvement
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