Overview
What is Kansas City Road Pay In Full?
Kansas City Road Pay In Full is a nonprofit corporation established with the sole purpose of holding property titles and generating income from these properties. The income collected is then transferred in its entirety, after deducting expenses, to another organization that holds exemption status under IRC 501(A). The organization, headquartered at 401 Birch Street, Gardner, Kansas (66030), serves as a reliable intermediary for property-related transactions, contributing to financial support for another exempt organization.
Is Kansas City Road Pay In Full legitimate?
Kansas City Road Pay In Full is a legitimate nonprofit organization registered as a 501(c)(2) entity. Kansas City Road Pay In Full 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 Kansas City Road Pay In Full?
Kansas City Road Pay In Full is established with the sole objective of holding property titles and collecting income derived from these properties. The corporation's primary goal is to transfer the entire income collected, deducting only expenses, to a non-profit organization that is exempt under the Internal Revenue Code Section 501(a). This organization's role is to utilize the funds received for its charitable activities.
Who is the CEO of Kansas City Road Pay In Full?
Francis E Oliva Acevedo is the Treasurer of Kansas City Road Pay In Full.
What is the revenue of Kansas City Road Pay In Full?
Kansas City Road Pay In Full's revenue in 2022 was $130,601.
Who are the executives of Kansas City Road Pay In Full and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Kansas City Road Pay In Full?
Kansas City Road Pay In Full's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kansas City Road Pay In Full
Kansas City Road Pay In Full is a corporation established with a singular purpose. Its mission is to hold title to property and collect income derived from it. After deducting expenses, the corporation then transfers the entire amount to another organization that is exempt under the Internal Revenue Code Section 501(a). In simpler terms, Kansas City Road Pay In Full serves as a middleman, managing properties and their income, before distributing the net earnings to a tax-exempt organization. This structure allows the beneficiary organization to focus on its primary objectives, while Kansas City Road Pay In Full manages the financial aspect of property ownership.
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Impact
October, 2024
Kansas City Road Pay In Full is focused on holding property assets and generating income from them, which is then directed towards supporting an exempt organization. This structured approach allows for efficient property management and financial oversight, ensuring that funds are utilized effectively for charitable purposes. By collecting and redistributing income, the entity plays a crucial role in sustaining initiatives aligned with its mission, often related to community and religious objectives.
The operational model promotes financial stability by maintaining a clear focus on property ownership and income generation. This creates a steady stream of resources that can significantly impact the community, providing necessary support for various programs and services. Additionally, this method ensures transparency and accountability in the allocation of funds, which enhances trust and encourages further donations and involvement from the community. Overall, Kansas City Road Pay In Full contributes to a collaborative effort toward fulfilling charitable missions within its jurisdiction.
This information is meant to be a general summary of Kansas City Road Pay In Full. 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.
- Program Service Revenue: $130,601
- Gross Receipts: $130,601
Assets and Liabilities:
- Total Assets: $821,020
- Total Liabilities: $1,032,555
- Net Assets: -$211,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$130,601
Organization Details
Founding Year
2015
Principal Officer
Francis E Oliva Acevedo
Main Address
401 Birch Street, Gardner, KS, 66030
NTEE Category
Code: X99 - Religion related
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