Overview
What is 507 Holding Company Inc?
507 Holding Company Inc is a nonprofit organization situated in Towson, Maryland. Their primary role is to provide a land lease and maintain the Mt. Moriah Lodge. This lodge likely serves as a facility or residence for a specific group or community. The organization's mission aligns with this, focusing on ensuring the proper upkeep of the Mt. Moriah Lodge. Their activities are not detailed in the provided information, but it can be inferred that their work revolves around maintaining this property.
Is 507 Holding Company Inc legitimate?
507 Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 507 Holding Company 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.
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What is the mission statement of 507 Holding Company Inc?
The mission of 507 Holding Company Inc, as outlined in its activities and mission description, is centered around providing a land lease and maintaining the Mt. Moriah Lodge. This mission is carried out through the company's efforts to lease land for the purpose of maintaining and preserving the lodge, ensuring it remains a usable space. The company's role is essential in maintaining the integrity and accessibility of the lodge, providing a service that benefits those who utilize it.
Who is the CEO of 507 Holding Company Inc?
Barry Noe is the President of 507 Holding Company Inc.
What is the revenue of 507 Holding Company Inc?
507 Holding Company Inc's revenue in 2023 was $158,700.
Who are the executives of 507 Holding Company Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for 507 Holding Company Inc?
507 Holding Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of 507 Holding Company Inc
507 Holding Company Inc, as per its mission, is dedicated to leasing land and maintaining Mount Moriah Lodge. The organization's primary objective is to ensure the upkeep of this lodge, providing a stable environment for its continued operation. This mission is crucial in preserving the lodge as a potential resource or destination for various purposes. While the details regarding the specific use or purpose of Mount Moriah Lodge are not provided, it can be inferred that 507 Holding Company Inc plays a vital role in its upkeep and maintenance, thereby contributing to its overall functionality and availability.
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Impact
October, 2024
507 Holding Company Inc significantly impacts the Towson, MD community by providing essential support for the maintenance and operation of Mt. Moriah Lodge. Through the land lease, they facilitate the preservation of this historical site, ensuring it remains a valuable resource for community gatherings and events. Their commitment to maintaining the lodge fosters a sense of community improvement and strengthens local ties, contributing to the cultural and social fabric of the area. The organization's efforts play a crucial role in sustaining local heritage and providing a space for community engagement and activities.
This information is meant to be a general summary of 507 Holding Company 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 2023.
- Investment Income: $5,240
- Program Service Revenue: $152,372
- Gross Receipts: $242,636
Assets and Liabilities:
- Total Assets: $627,345
- Total Liabilities: $359,602
- Net Assets: $267,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$152,372
Organization Details
Principal Officer
Barry Noe
Main Address
507 W CHESAPEAKE AVENUE, TOWSON, MD, 21204
NTEE Category
Code: S47 - Community improvement
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