Overview
What is Tippecanoe Land Holding Inc?
Tippecanoe Land Holding Inc is a nonprofit organization that primarily focuses on real estate activities. They purchase land and lots, keeping them for an average of 24 months before either transferring them to or selling them to Habitat for Humanity of Lafayette, Inc. This partnership allows Habitat for Humanity to utilize the land for its charitable housing projects, contributing to the betterment of the community. The nonprofit's mission revolves around this land-selling or -transferring process, aiming to support affordable housing initiatives.
Is Tippecanoe Land Holding Inc legitimate?
Tippecanoe Land Holding Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tippecanoe Land Holding Inc submitted a form 990EZ, 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.
What is the mission statement of Tippecanoe Land Holding Inc?
Tippecanoe Land Holding Inc's primary activity involves the purchase of land and lots. The company holds these properties for an average of 24 months before transferring them to Habitat for Humanity of Lafayette, Inc. Alternatively, Tippecanoe Land Holding Inc also purchases land and lots, keeping them for 24 months and then selling them to Habitat for Humanity of Lafayette, Inc. This partnership with Habitat for Humanity aims to contribute to housing solutions, with the transferred or sold properties being used for housing development projects.
Who is the CEO of Tippecanoe Land Holding Inc?
Nels Bergmark is the Treasurer of Tippecanoe Land Holding Inc.
What is the revenue of Tippecanoe Land Holding Inc?
Tippecanoe Land Holding Inc's revenue in 2021 was -$33,252.
Who are the executives of Tippecanoe Land Holding Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990EZ for Tippecanoe Land Holding Inc?
Tippecanoe Land Holding Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Tippecanoe Land Holding Inc
Tippecanoe Land Holding Inc's mission revolves around the purchase and holding of land and lots for an average period of 24 months. The organization then transfers these properties to Habitat for Humanity of Lafayette, Inc., a nonprofit organization dedicated to providing affordable housing solutions. Alternatively, Tippecanoe Land Holding Inc also purchases and holds land and lots, only to subsequently sell them to Habitat for Humanity of Lafayette, Inc. In both scenarios, the primary objective of Tippecanoe Land Holding Inc is to contribute to the housing efforts of Habitat for Humanity of Lafayette, Inc., ultimately aiming to facilitate the creation of affordable housing solutions.
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Impact
October, 2024
Tippecanoe Land Holding Inc plays a vital role in addressing housing needs in Lafayette, Indiana, by strategically acquiring land and lots. By holding these properties for an average of 24 months, the organization facilitates the transfer and sale of land to Habitat for Humanity of Lafayette, Inc. This process effectively supports the construction of affordable housing for individuals and families in the community. Through its initiative, Tippecanoe Land Holding Inc not only increases the availability of housing but also enhances the potential for community development and stability. Ultimately, the organization's efforts contribute significantly to improving living conditions and fostering growth within the local environment.
This information is meant to be a general summary of Tippecanoe Land 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 2021.
Assets and Liabilities:
- Total Assets: $431,047
- Total Liabilities: $156,071
- Net Assets: $274,976
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Organization Details
Phone
(765) 423-4590Principal Officer
Nels Bergmark
Main Address
420 S 1ST STREET, LAFAYETTE, IN, 47905
NTEE Category
Code: L11 - Housing
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