Overview
What is Bel Air Volunteer Fire Co Real Estate Holding Inc?
Bel Air Volunteer Fire Co Real Estate Holding Inc is a nonprofit organization that serves a unique purpose for the Bel Air Volunteer Fire Company, Inc. Their primary role is to manage titles to real estate properties, acting as a dedicated real estate holding entity. This ensures the Bel Air Volunteer Fire Company has secure property ownership. The company incurs expenses related to depreciation of buildings and improvements, as well as interest on loans for real estate acquisitions. Essentially, Bel Air Volunteer Fire Real Estate Holding Inc plays a crucial role in maintaining and managing the property-related affairs of the Bel Air Volunteer Fire Company, Inc., contributing to its overall operations and stability.
Is Bel Air Volunteer Fire Co Real Estate Holding Inc legitimate?
Bel Air Volunteer Fire Co Real Estate Holding Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bel Air Volunteer Fire Co Real Estate Holding 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:
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What is the mission statement of Bel Air Volunteer Fire Co Real Estate Holding Inc?
Bel Air Volunteer Fire Co Real Estate Holding Inc is an entity that primarily manages real estate titles. Its primary mission is to support the Bel Air Volunteer Fire Company, Inc. by holding title to real estate properties. The company is responsible for covering expenses related to the depreciation of buildings and improvements, as well as interest on loans associated with real estate acquisitions. In essence, Bel Air Volunteer Fire Co Real Estate Holding Inc serves as a financial resource for the Bel Air Volunteer Fire Company, Inc., enabling it to maintain and expand its real estate holdings.
Who is the CEO of Bel Air Volunteer Fire Co Real Estate Holding Inc?
Joseph Rutherford is the President of Bel Air Volunteer Fire Co Real Estate Holding Inc.
What is the revenue of Bel Air Volunteer Fire Co Real Estate Holding Inc?
Bel Air Volunteer Fire Co Real Estate Holding Inc's revenue in 2022 was $6,458.
Who are the executives of Bel Air Volunteer Fire Co Real Estate Holding Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Bel Air Volunteer Fire Co Real Estate Holding Inc?
Bel Air Volunteer Fire Co Real Estate Holding Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bel Air Volunteer Fire Co Real Estate Holding Inc
Bel Air Volunteer Fire Co Real Estate Holding Inc, in essence, serves as a custodian for real estate titles. Its primary mission is to manage these titles exclusively on behalf of the Bel Air Volunteer Fire Company, Inc. The company is responsible for covering expenses related to depreciation of buildings and improvements, as well as interest on loans associated with property acquisitions. In simpler terms, Bel Air Volunteer Fire Co Real Estate Holding Inc plays a vital role in managing the real estate assets of the Bel Air Volunteer Fire Company, Inc., ensuring the proper maintenance and financing of these properties.
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Impact
October, 2024
Bel Air Volunteer Fire Co Real Estate Holding Inc plays a crucial role in supporting the operational capabilities of the Bel Air Volunteer Fire Company, Inc. By holding titles to real estate specifically for the fire company, it ensures that the necessary facilities are maintained and managed effectively, which is vital for the delivery of emergency services to the community.
This organization incurs expenses related to the depreciation of buildings and improvements, as well as interest on loans for real property acquisitions, which indicates a commitment to investing in and sustaining the infrastructure needed for fire services. The strategic management of real estate not only enhances the fire company’s operational readiness but also contributes to community safety and well-being in Bel Air, Maryland. Overall, its activities lead to significant community improvement by facilitating a reliable and efficient emergency response system.
This information is meant to be a general summary of Bel Air Volunteer Fire Co Real Estate Holding 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.
- Gross Receipts: $6,458
Assets and Liabilities:
- Total Assets: $7,551,041
- Total Liabilities: $532,561
- Net Assets: $7,018,480
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Organization Details
Founding Year
1998
Phone
(410) 638-4400Principal Officer
Joseph Rutherford
Main Address
109 S HICKORY AVENUE, BEL AIR, MD, 210143730
NTEE Category
Code: S47 - Community improvement
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