Overview
What is Legacy Family Campus Inc?
Legacy Family Campus Inc is a title-holding company, headquartered in Council Bluffs, Iowa, with an address at 1515 Avenue J. Its primary role is to maintain and repair property, both real and personal, that it holds title to. This nonprofit organization collects income derived from these properties and distributes the net income, after deducting expenses, equally among a group of eligible organizations. These organizations include the Boys and Girls Clubs of the Midland's (Omaha, NE), Heartland Family Service (Omaha, NE), The Salvation Army/Council Bluffs Corps (Council Bluffs, IA), and Micah House (Council Bluffs, IA). Each of these organizations must have a 501(c)(3) tax-exempt status to remain eligible for this income distribution.
Official website here: www.lakincampus.org
Is Legacy Family Campus Inc legitimate?
Legacy Family Campus Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Legacy Family Campus 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:
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Official website here: www.lakincampus.org
What is the mission statement of Legacy Family Campus Inc?
Legacy Family Campus Inc serves as a title-holding company, managing and maintaining various properties. The income generated from these properties is then distributed equally among several eligible organizations. These organizations include Boys and Girls Clubs of the Midlands from Omaha, NE, Heartland Family Service from Omaha, NE, The Salvation Army/Council Bluffs Corps from Council Bluffs, IA, and Micah House from Council Bluffs, Iowa. For an organization to be eligible, it must fall under the 501(c)(3) exemption category of the tax code. The primary role of Legacy Family Campus Inc is to support these organizations financially, enabling them to continue their respective missions and services.
Official website here: www.lakincampus.org
Who is the CEO of Legacy Family Campus Inc?
Mary O'Neill is the President of Legacy Family Campus Inc.
Official website here: www.lakincampus.org
What is the revenue of Legacy Family Campus Inc?
Legacy Family Campus Inc's revenue in 2022 was $49,333.
Official website here: www.lakincampus.org
Who are the executives of Legacy Family Campus Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.lakincampus.org
Where can I find the form 990 for Legacy Family Campus Inc?
Legacy Family Campus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakincampus.org
Learn more at the official website: www.lakincampus.org
Mission Statement of Legacy Family Campus Inc
Legacy Family Campus Inc, functioning as a title-holding company, holds and manages various properties, both real and personal. Its primary objective is to collect income derived from these properties and distribute the net income, after deducting expenses, equally among a class of eligible organizations. This class consists of four nonprofit entities: Boys and Girls Clubs of the Midlands (Omaha, NE), Heartland Family Service (Omaha, NE), The Salvation Army/Council Bluffs Corps (Council Bluffs, IA), and Micah House (Council Bluffs, IA). For these organizations to remain eligible for this income distribution, they must maintain their exempt status under Section 501(C)(3) of the Internal Revenue Code. In essence, Legacy Family Campus Inc serves as a financial intermediary, supporting these charitable organizations through property income distribution.
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Impact
October, 2024
Legacy Family Campus Inc has a significant impact on the community by serving as a title holding company for various properties that facilitate the operations of essential local organizations. By maintaining and repairing these properties, Legacy Family Campus ensures that the facilities remain safe, functional, and accessible for the organizations it supports, including the Boys and Girls Clubs of the Midlands, Heartland Family Service, The Salvation Army/Council Bluffs Corps, and The Micah House.
Through the collection of income generated from these properties, Legacy Family Campus is able to distribute funds to these nonprofit partners. This financial support is crucial for their programs and services, which focus on improving the lives of individuals and families within the community. By turning over net income to these organizations, Legacy Family Campus plays a vital role in empowering them to deliver essential services, engage in community improvement initiatives, and foster a more resilient and supportive environment for residents.
Overall, Legacy Family Campus Inc's commitment to maintaining properties and supporting local nonprofits contributes to the overall wellbeing and development of the Council Bluffs area, enhancing the capacity of its partner organizations to make a meaningful difference in the lives of those they serve.
This information is meant to be a general summary of Legacy Family Campus 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 2022.
- Gross Receipts: $49,333
Assets and Liabilities:
- Total Assets: $10,074,172
- Total Liabilities: $676,632
- Net Assets: $9,397,540
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Organization Details
Founding Year
2006
Phone
(712) 435-5380Principal Officer
Mary O'Neill
Main Address
1515 AVENUE J, COUNCIL BLUFFS, IA, 51501
Website
www.lakincampus.orgNTEE Category
Code: S470 - Community improvement
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