Overview
What is Vineyard Church Of Jackson Holdings?
Vineyard Church of Jackson Holdings is a nonprofit organization located in Flowood, Mississippi, with the primary objective of managing property. They collect income derived from these properties and subsequently transfer the entire proceeds, after deducting expenses, to another organization that holds a tax-exempt status under the Internal Revenue Code (IRC) 501(A). This nonprofit organization serves as a financial intermediary, supporting activities that align with its tax-exempt status.
Is Vineyard Church Of Jackson Holdings legitimate?
Vineyard Church Of Jackson Holdings is a legitimate nonprofit organization registered as a 501(c)(2) entity. Vineyard Church Of Jackson Holdings 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 Vineyard Church Of Jackson Holdings?
Vineyard Church of Jackson Holdings is established with a specific purpose. It is organized to hold property titles and collect income generated from these properties. The primary objective is to then transfer the entire income, after deducting expenses, to an organization that is exempt under the Internal Revenue Code section 501(a). This organization serves to support causes and initiatives aligned with its exempt status. The role of Vineyard Church of Jackson Holdings is to facilitate this financial transfer, contributing to the mission of the recipient organization.
Who is the CEO of Vineyard Church Of Jackson Holdings?
John T Burnham is the President of Vineyard Church Of Jackson Holdings.
What is the revenue of Vineyard Church Of Jackson Holdings?
Vineyard Church Of Jackson Holdings's revenue in 2022 was $38,804.
Who are the executives of Vineyard Church Of Jackson Holdings 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 Vineyard Church Of Jackson Holdings?
Vineyard Church Of Jackson Holdings's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vineyard Church Of Jackson Holdings
Vineyard Church of Jackson Holdings is established with a specific objective. This organization is structured solely for the purpose of holding property titles, generating income from these properties, and then transferring the entire earnings, minus any expenses, to another organization that is exempt under Internal Revenue Code Section 501(a). In simpler terms, Vineyard Church of Jackson Holdings serves as a property manager and income collector, channeling the profits to a tax-exempt entity.
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Impact
October, 2024
Vineyard Church Of Jackson Holdings significantly impacts its community by effectively managing and holding property assets, which contributes to the financial stability of affiliated organizations. By collecting rental income and ensuring that this revenue is redirected to support exempt organizations, it enables the continuation and expansion of community-focused initiatives and services. This structure allows for a steady flow of resources that can enhance public benefit programs, foster community engagement, and support various outreach efforts. As a key player in sustaining operational resources, Vineyard Church Of Jackson Holdings plays a vital role in the overall health and support of the community it serves.
This information is meant to be a general summary of Vineyard Church Of Jackson Holdings. 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: $21
- Gross Receipts: $105,699
Assets and Liabilities:
- Total Assets: $1,335,685
- Total Liabilities: $731,506
- Net Assets: $604,179
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Organization Details
Founding Year
2017
Principal Officer
John T Burnham
Main Address
5416 HIGHWAY 25, FLOWOOD, MS, 39232
NTEE Category
Code: W01 - Public benefit
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