Overview
What is Calvary 330 Holdings Inc?
Calvary 330 Holdings Inc is a corporation established with the primary objective of managing property and generating income. The income collected is then transferred to another organization that falls under Section 501(A) of the Internal Revenue Code, which is exempt from federal income tax. This corporation operates under the umbrella of charitable, scientific, literary, and educational purposes, as per Section 501(C)(3) of the Internal Revenue Code. Its main function is to hold property and distribute the income, less expenses, to eligible organizations. The organization is situated at 1725 E HWY 72, Fredericktown, MO 63645.
Is Calvary 330 Holdings Inc legitimate?
Calvary 330 Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Calvary 330 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 Calvary 330 Holdings Inc?
Calvary 330 Holdings Inc is established with the primary objective of holding property and generating income from it. This corporation then transfers the earnings, less expenses, to a tax-exempt organization. The organization it supports must fall under Section 501(A) of the Internal Revenue Code of 1986 or any future equivalent provision, or be a corporation where contributions are tax-deductible under Section 170(C)(2) of the same code or its corresponding provision. The purposes of Calvary 330 Holdings Inc are exclusively charitable, scientific, literary, and educational, falling within the meaning of Section 501(C)(3) of the Internal Revenue Code of 1986 or its corresponding provision. In essence, Calvary 330 Holdings Inc serves as a conduit for income, channeling it to organizations dedicated to charitable, scientific, literary, and educational causes.
What is the revenue of Calvary 330 Holdings Inc?
Calvary 330 Holdings Inc's revenue in 2024 was $61,695.
Who are the executives of Calvary 330 Holdings Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Calvary 330 Holdings Inc?
Calvary 330 Holdings Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Calvary 330 Holdings Inc
Calvary 330 Holdings Inc is established with a specific purpose: to serve as a property title holder, generating income from these properties and subsequently transferring the entire amount, minus expenses, to a charitable organization that falls under Section 501(C)(2) or Section 170(C)(2) of the Internal Revenue Code of 1986 or their corresponding provisions in future United States Internal Revenue Laws. This corporation's activities are strictly limited to this charitable, scientific, literary, and educational purpose, as defined by Section 501(C)(3) of the Internal Revenue Code of 1986 or its corresponding provisions. In essence, Calvary 330 Holdings Inc acts as a financial intermediary for eligible charitable organizations, providing them with financial resources to carry out their charitable missions.
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Impact
October, 2024
Calvary 330 Holdings Inc significantly contributes to the community by holding and managing property to generate income, which is then directed towards charitable, scientific, literary, and educational purposes. This structured approach allows for a sustainable revenue stream that supports organizations exempt under the Internal Revenue Code, ensuring that funds are utilized for community-enhancing projects and initiatives.
By focusing exclusively on property management and income collection, Calvary 330 Holdings Inc plays a critical role in resource allocation for beneficial causes, thereby fostering community improvement. The corporation's commitment to adhering to regulatory standards ensures that its activities remain in line with philanthropic goals, maximizing the impact of its contributions within the community of Fredericktown, MO, and beyond. Overall, its operations facilitate essential support that uplifts various sectors in the community, including education and local development initiatives.
This information is meant to be a general summary of Calvary 330 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 2024.
- Investment Income: $61,695
- Gross Receipts: $61,695
Assets and Liabilities:
- Total Assets: $561,647
- Total Liabilities: $0
- Net Assets: $561,647
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Organization Details
Founding Year
2015
Principal Officer
Lisa Brown
NTEE Category
Code: S47 - Community improvement
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