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Norfolk Christian Holding Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541536024 ✦ Norfolk, VA ✦ Designated as a 501(c)(2)

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Overview

What is Norfolk Christian Holding Corporation?

Norfolk Christian Holding Corporation serves as a title-holding entity for exempt organizations, falling under the real estate organizations sector. Situated in Norfolk, Virginia, its primary function is to manage and hold titles for various nonprofit organizations. While its activities are centered around property-related matters, it does not directly engage in the operations or missions of these nonprofits, acting merely as a title-holding corporation.

Is Norfolk Christian Holding Corporation legitimate?

Norfolk Christian Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Norfolk Christian Holding Corporation 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

For more financial information, click here

What is the mission statement of Norfolk Christian Holding Corporation?

Norfolk Christian Holding Corporation serves as a title holding entity for exempt organizations. Located within the real estate sector, its primary role is to facilitate operations for these non-profit entities. While the corporation does not have a traditional mission statement like some other organizations, its purpose can be inferred from its function, which is to provide a title holding service to exempt organizations. This service enables these organizations to focus on their respective missions without the burden of managing title-related matters.

Who is the CEO of Norfolk Christian Holding Corporation?

Timothy P Daffron is the President of Norfolk Christian Holding Corporation.

What is the revenue of Norfolk Christian Holding Corporation?

Norfolk Christian Holding Corporation's revenue in 2022 was $391,546.

Who are the executives of Norfolk Christian Holding Corporation and what are their salaries?

There 3 volunteers at Norfolk Christian Holding Corporation.


Here are 3 key members and their salaries:


Timothy P Daffron (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Gavin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank M Rawls (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Norfolk Christian Holding Corporation?

Norfolk Christian Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Norfolk Christian Holding Corporation

Norfolk Christian Holding Corporation serves as a title holding corporation for exempt organizations. In simpler terms, this entity acts as a legal entity that holds titles or properties on behalf of various charitable organizations. This corporation falls under the realm of the real estate organizations industry. While the specific activities or objectives of the organizations it represents are not detailed, Norfolk Christian Holding Corporation plays a crucial role in supporting these exempt organizations by providing them with the necessary title holding services.

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Impact




October, 2024

Norfolk Christian Holding Corporation serves as a title holding corporation for exempt organizations, primarily operating within the real estate sector in Norfolk, VA. Its impact is significant as it facilitates the management and administration of properties owned by organizations dedicated to educational purposes. By providing a stable framework for title holding, it enables these entities to focus on their primary missions, ensuring that resources are effectively allocated to enhance educational opportunities in the community. This support ultimately contributes to the growth and sustainability of educational initiatives, benefiting students and broader community engagement in Norfolk.




This information is meant to be a general summary of Norfolk Christian Holding Corporation. 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.

Revenue
$391,546 (2022)
Expenses
$643,616 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $391,546

Assets and Liabilities:

  • Total Assets: $15,256,956
  • Total Liabilities: $2,263,999
  • Net Assets: $12,992,957

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Organization Details

Founding Year

1989

Principal Officer

Timothy P Daffron

Main Address

255 THOLE STREET, NORFOLK, VA, 23505

NTEE Category

Code: B90 - Education

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