Overview
What is Henrico Inc?
Henrico Inc, as per the provided information, is a title holding company that serves as a nonprofit organization. While specific details about its activities and missions are not available, the description suggests that it holds titles as its primary function. As a title holding company, Henrico Inc may play a role in facilitating property transactions or ownership transfers by holding titles on behalf of parties involved. However, without further information, the exact nature and scope of its services remain undetermined.
Is Henrico Inc legitimate?
Henrico Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Henrico 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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What is the mission statement of Henrico Inc?
Henrico Inc, as a title holding company, does not have a explicitly stated mission statement provided in the given data. However, based on the term "title holding company," one can infer that its primary activity is to manage and safeguard titles to properties or assets. This role is crucial in facilitating the transfer of ownership and ensuring secure title records. As a title holding company, Henrico Inc might aim to provide reliable, efficient, and accurate title services, thereby contributing to a smooth and transparent real estate market. However, without explicit information, this is merely an inference.
Who is the CEO of Henrico Inc?
Louis Isakoff is the President of Henrico Inc.
What is the revenue of Henrico Inc?
Henrico Inc's revenue in 2023 was $1,100,000.
Who are the executives of Henrico Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $361,112
- Other: $41,601
Where can I find the form 990 for Henrico Inc?
Henrico Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Henrico Inc
Henrico Inc, as a title holding company, does not have a mission focused on community development or social welfare like many other nonprofits. Instead, its primary activity appears to be related to property management or investment, given its title-holding role. While the information provided does not reveal Henrico Inc's specific goals or objectives, it can be inferred that its mission likely revolves around managing and overseeing property titles, possibly for the purpose of real estate investment or development. However, without more detailed information, it's challenging to provide a more comprehensive summary of Henrico Inc's mission.
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Impact
October, 2024
Henrico Inc serves as a title holding company, playing a crucial role in managing and protecting real estate assets. Based in Virginia Beach, VA, the organization is primarily involved in activities that support educational initiatives. By strategically holding and managing properties, Henrico Inc helps facilitate access to resources necessary for educational programs and services. This impact extends to the local community by providing a stable foundation for educational facilities, thereby contributing to the overall development and well-being of the area. The organization's focus on education underscores its commitment to fostering an environment where learning can thrive.
This information is meant to be a general summary of Henrico 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.
- Gross Receipts: $1,100,000
Assets and Liabilities:
- Total Assets: $13,046,831
- Total Liabilities: $3,195,756
- Net Assets: $9,851,075
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Organization Details
Founding Year
2001
Phone
(757) 352-4059Principal Officer
Louis Isakoff
Main Address
1000 Regent University Drive, Virginia Beach, VA, 23464
NTEE Category
Code: B114 - Education
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