Overview
What is White Horse Holding Corporation?
White Horse Holding Corporation is a nonprofit organization dedicated to supporting fraternity chapters across North America. Their primary mission is to aid these student chapters in acquiring, renovating, financing, refinancing, or purchasing chapter houses, equipment, furniture, and furnishings. They also assist in managing the rental income from these properties. The corporation's ultimate goal is to help fraternity chapters secure competitive real estate and preserve and grow their equity in these properties.
Is White Horse Holding Corporation legitimate?
White Horse Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. White Horse 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:
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Professional Fundraising Fees: $0
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What is the mission statement of White Horse Holding Corporation?
White Horse Holding Corporation's mission is centered around aiding fraternity student chapters in various real estate-related activities. This includes assisting in the construction, renovation, financing, refinancing, or purchase of chapter houses, equipment, furniture, and furnishings. The corporation's primary goal is to help these chapters acquire competitive real estate properties across North America and ensure the preservation and growth of the equity associated with these properties. White Horse Holding Corporation provides loans and resources to facilitate these objectives for fraternity chapters.
Who is the CEO of White Horse Holding Corporation?
John Michael Williams is the President of White Horse Holding Corporation.
What is the revenue of White Horse Holding Corporation?
White Horse Holding Corporation's revenue in 2022 was $3,077,604.
Who are the executives of White Horse Holding Corporation and what are their salaries?
There 5 volunteers at White Horse Holding Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for White Horse Holding Corporation?
White Horse Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of White Horse Holding Corporation
White Horse Holding Corporation, a notable entity, is committed to supporting fraternity chapter houses nationwide. Its mission is twofold: firstly, it aims to aid these chapters in the acquisition, remodeling, financing, refinancing, or purchasing of properties such as chapter houses, equipment, furniture, and furnishings. By doing so, White Horse Holding Corporation enables these chapters to hold title to their properties. Secondly, the corporation strives to preserve and grow the equity of these competitive real estate properties. By providing loans, services, and resources, White Horse Holding Corporation plays a significant role in the development and growth of fraternity chapters across North America.
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Impact
October, 2024
White Horse Holding Corporation significantly facilitates the growth and sustainability of fraternity chapters across North America by providing essential financial and advisory support. By offering loans and services, the organization enables these chapters to build, remodel, finance, or purchase their chapter houses, as well as acquire equipment and furnishings. This support not only helps improve the living conditions for members but also ensures that the chapters can establish a strong physical presence within their communities.
The impact of White Horse Holding Corporation extends beyond just financial assistance. By helping fraternity chapters secure competitive real estate and preserving their equity, the organization promotes long-term stability and growth within these communities. As a result, fraternity chapters can thrive, creating environments that foster camaraderie, leadership, and personal development among their members. This mission ultimately contributes to the overall vibrancy of collegiate life and strengthens the networks that support student engagement and success.
This information is meant to be a general summary of White Horse 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $128,824
- Program Service Revenue: $1,822,950
- Gross Receipts: $3,150,328
Assets and Liabilities:
- Total Assets: $25,729,235
- Total Liabilities: $12,441,921
- Net Assets: $13,287,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,473,463
LENDING INCOME
Revenue
$206,399
MANAGEMENT FEES AND MI
Revenue
$71,499
PARKING FEES
Revenue
$59,262
BAD DEBT ADJUSTMENT
Revenue
$9,863
Organization Details
Founding Year
1963
Phone
(901) 333-2776Principal Officer
John Michael Williams
Main Address
1779 KIRBY PKWY 13891, MEMPHIS, TN, 38138
NTEE Category
Code: N50 - Recreation
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