Overview
What is P&Hcc Real Estate Foundation Inc?
P&Hcc Real Estate Foundation Inc is a nonprofit organization based in Martinsville, Virginia. Its primary purpose is to manage real estate properties and the proceeds from their sales for the benefit of the Patrick Henry Community College Foundation. This supporting organization, classified as a Section 509(A)(3), purchases, develops, operates, leases, sells, and deals with real property to contribute to the foundation's growth and well-being. The foundation's activities are aimed at generating revenue that supports the Patrick Henry Community College's mission and initiatives.
Official website here: www.patrickhenry.edu
Is P&Hcc Real Estate Foundation Inc legitimate?
P&Hcc Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. P&Hcc Real Estate Foundation 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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Official website here: www.patrickhenry.edu
What is the mission statement of P&Hcc Real Estate Foundation Inc?
The P&Hcc Real Estate Foundation Inc's mission is centered around managing real property and the proceeds from its sales and leases. This is done with the primary aim of benefiting the Patrick Henry Community College Foundation. The foundation engages in various activities related to real estate, such as purchasing, owning, developing, operating, leasing, selling, and dealing with properties. All these actions are carried out with the goal of benefiting the Patrick Henry Community College Foundation. The foundation operates as a Section 509(A)(3) supporting organization.
Official website here: www.patrickhenry.edu
Who is the CEO of P&Hcc Real Estate Foundation Inc?
Carolyn Shough is the President of P&Hcc Real Estate Foundation Inc.
Official website here: www.patrickhenry.edu
What is the revenue of P&Hcc Real Estate Foundation Inc?
P&Hcc Real Estate Foundation Inc's revenue in 2023 was $57,510.
Official website here: www.patrickhenry.edu
Who are the executives of P&Hcc Real Estate Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.patrickhenry.edu
Where can I find the form 990 for P&Hcc Real Estate Foundation Inc?
P&Hcc Real Estate Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.patrickhenry.edu
Learn more at the official website: www.patrickhenry.edu
Mission Statement of P&Hcc Real Estate Foundation Inc
P&Hcc Real Estate Foundation Inc's mission revolves around managing real property and the proceeds from its sales and leases. This is all done with the primary objective of benefiting the Patrick Henry Community College Foundation. The foundation receives, purchases, develops, operates, leases, sells, and deals with various real estate properties and their associated profits, acting as a Section 509(A)(3) supporting organization. In essence, P&Hcc Real Estate Foundation Inc utilizes real estate to generate funds and resources, which are then channeled towards supporting the Patrick Henry Community College Foundation.
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Impact
October, 2024
P&Hcc Real Estate Foundation Inc plays a significant role in supporting educational initiatives through effective real estate management. By purchasing, owning, developing, and leasing properties, the foundation generates vital resources that directly benefit the Patrick Henry Community College Foundation. This strategic management of real property allows for the enhancement and expansion of educational programs and facilities, ultimately contributing to the growth and success of the community college.
The foundation's activities ensure that proceeds from property sales and leases are reinvested to further support educational opportunities, creating a cycle of support that enhances the learning environment for students. This impact manifests in improved facilities, increased program offerings, and a stronger foundation for the college's mission, thereby fostering a more educated community in Martinsville, Virginia.
This information is meant to be a general summary of P&Hcc Real Estate Foundation 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: $10
- Gross Receipts: $57,510
Assets and Liabilities:
- Total Assets: $792,972
- Total Liabilities: $0
- Net Assets: $792,972
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Organization Details
Founding Year
1998
Phone
(276) 656-0250Principal Officer
Carolyn Shough
Main Address
645 PATRIOT AVENUE, MARTINSVILLE, VA, 24112
Website
www.patrickhenry.eduNTEE Category
Code: B02 - Education
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