Overview
What is Kingdom Family Holdings Inc?
Kingdom Family Holdings Inc is a nonprofit organization that specializes in property management. Its primary mission is to hold titles to various properties and collect rent from tenants. The organization then uses these rent collections, after deducting expenses, to support another tax-exempt organization. In addition to this, Kingdom Family Holdings also manages and maintains the properties, ensuring they are in good condition for their tenants.
Is Kingdom Family Holdings Inc legitimate?
Kingdom Family Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Kingdom Family 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 Kingdom Family Holdings Inc?
Kingdom Family Holdings Inc. is established with the primary objective of holding property titles and collecting rents from these properties. The organization's main goal is to then transfer the collected rents, after deducting expenses, to another tax-exempt organization. Beyond this, Kingdom Family Holdings is involved in maintaining and repairing the properties under its management.
Who is the CEO of Kingdom Family Holdings Inc?
Rev Joseph Henderson is the President of Kingdom Family Holdings Inc.
What is the revenue of Kingdom Family Holdings Inc?
Kingdom Family Holdings Inc's revenue in 2022 was $78,270.
Who are the executives of Kingdom Family Holdings Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kingdom Family Holdings Inc?
Kingdom Family Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kingdom Family Holdings Inc
Kingdom Family Holdings Inc, as an organization, is primarily focused on a unique mission. It holds titles to various properties and collects rents from them. However, this is not its sole purpose. Instead, it channels a significant portion of these rent collections to another tax-exempt organization. By doing so, Kingdom Family Holdings plays a role in supporting the operations and objectives of this exempt organization, contributing to its charitable causes. Moreover, the organization is responsible for maintaining and repairing the properties it holds, ensuring they remain in good condition for both tenants and the receiving organization. Kingdom Family Holdings Inc's mission is thus multifaceted, involving property management, rental income generation, and financial support to a tax-exempt organization.
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
Kingdom Family Holdings Inc plays a vital role in the realm of property management and community support through its strategic operations. By holding titles to various properties and collecting rental income, the organization effectively generates revenue that is directed towards another tax-exempt entity. This model not only aids in maintaining and repairing the properties under its management but also ensures a continuous flow of resources to support the broader mission of the recipient organization.
Operating out of Fredericksburg, VA, Kingdom Family Holdings contributes to housing stability in the region by actively managing properties and providing essential maintenance services. The revenue generated from rents, after covering necessary expenses, aids in furthering community objectives and enhancing the quality of life for tenants. This approach not only streamlines property management but also reinforces community welfare through the support of aligned missions, illustrating the organization’s impactful contribution to both housing and social responsibility.
This information is meant to be a general summary of Kingdom Family 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 2022.
- Gross Receipts: $208,435
Assets and Liabilities:
- Total Assets: $2,170,543
- Total Liabilities: $1,141,267
- Net Assets: $1,029,276
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Principal Officer
Rev Joseph Henderson
Main Address
400 KINGDOM WAY, FREDERICKSBURG, VA, 22401
NTEE Category
Code: L11 - Housing
If you are a representative of Kingdom Family Holdings 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.