Overview
What is Tcg Holdings Inc?
Tcg Holdings Inc is a nonprofit organization primarily focused on holding property titles and generating income from these holdings. The organization collects revenues from the properties under its care and transfers the net income to another organization that qualifies for tax-exempt status under the Internal Revenue Code Section 501(a). Although not directly involved in providing services or support to specific communities or causes, Tcg Holdings Inc plays a crucial role in financially supporting other organizations that do.
Is Tcg Holdings Inc legitimate?
Tcg Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Tcg 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
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What is the mission statement of Tcg Holdings Inc?
TCG Holdings Inc's primary role is to manage property, generating income from it. This income, after deducting expenses, is then transferred in its entirety to another organization that is exempt under the Internal Revenue Code Section 501(a). This organization's function is to utilize the funds received for charitable purposes. In essence, TCG Holdings Inc acts as a conduit, channeling financial resources to eligible charities.
Who is the CEO of Tcg Holdings Inc?
David Aguirre is the President of Tcg Holdings Inc.
What is the revenue of Tcg Holdings Inc?
Tcg Holdings Inc's revenue in 2022 was $11,778.
Who are the executives of Tcg Holdings Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Tcg Holdings Inc?
Tcg Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tcg Holdings Inc
Tcg Holdings Inc, as a organization, is dedicated to a unique mission. It holds title to property and collects income derived from these assets. The primary objective is to then transfer the entire income, after deducting expenses, to another organization that is exempt under IRC 501(A). By doing so, Tcg Holdings Inc plays a crucial role in supporting exempt organizations, contributing to their financial stability and furthering their respective missions. This process allows Tcg Holdings Inc to serve as a vital bridge between property ownership and charitable causes, ensuring that resources are diverted towards organizations that make a positive impact in various sectors.
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Impact
October, 2024
Tcg Holdings Inc plays a crucial role in the local community by managing property assets and generating income that supports other exempt organizations. By holding title to property and collecting income, it creates a financial flow that enables the distribution of resources to initiatives and services that benefit the community. This model not only ensures a sustainable income source but also reinforces the support for various charitable activities and projects. The focus on community improvement makes Tcg Holdings Inc a vital contributor to enhancing the quality of life in Perrysburg, Ohio, as it effectively channels resources to meet local needs and promote development.
This information is meant to be a general summary of Tcg 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.
- Investment Income: $11,778
- Gross Receipts: $236,670
Assets and Liabilities:
- Total Assets: $419,102
- Total Liabilities: $0
- Net Assets: $419,102
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Organization Details
Founding Year
2015
Phone
(419) 279-0141Principal Officer
David Aguirre
Main Address
PO BOX 213, PERRYSBURG, OH, 43551
NTEE Category
Code: S47 - Community improvement
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