Overview
What is Rice-Land Lumber Company?
Rice-Land Lumber Company serves as a title holding company, specifically for real estate held in trust for the benefit of William Marsh Rice University, a recognized 501(c)(3) nonprofit organization. Its primary purpose is to support the educational institution, ensuring its continued growth and development. This role includes managing and safeguarding the real estate assets affiliated with the university, acting as a vital bridge between the university's real estate interests and its mission to enrich society through education.
Is Rice-Land Lumber Company legitimate?
Rice-Land Lumber Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rice-Land Lumber Company 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 Rice-Land Lumber Company?
The Rice-Land Lumber Company serves as a title-holding entity for real estate, acting in support of William Marsh Rice University, an IRS Section 501(C)(3) organization. Its primary mission is to contribute to the welfare of William Marsh Rice University, thereby supporting its educational and charitable objectives. The company's role is crucial in maintaining and managing the real estate assets, ultimately benefiting the university and its mission.
Who is the CEO of Rice-Land Lumber Company?
Unavailable
What is the revenue of Rice-Land Lumber Company?
Rice-Land Lumber Company's revenue in 2022 was $3,171,949.
Who are the executives of Rice-Land Lumber Company and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $1,192,572
- Other: $62,018
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $490,215
- Other: $80,202
- Compensation: $0
- Related: $381,738
- Other: $70,578
- Compensation: $0
- Related: $250,086
- Other: $64,707
- Compensation: $0
- Related: $325,487
- Other: $64,976
- Compensation: $0
- Related: $214,015
- Other: $60,120
- Compensation: $0
- Related: $532,467
- Other: $65,982
- Compensation: $0
- Related: $222,630
- Other: $53,933
Where can I find the form 990 for Rice-Land Lumber Company?
Rice-Land Lumber Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rice-Land Lumber Company
Rice-Land Lumber Company, in its mission, serves as a title-holding company for real estate. This role is carried out with the primary objective of benefiting William Marsh Rice University, a recognized 501(c)(3) nonprofit organization. By managing and holding real estate assets, Rice-Land Lumber Company supports the educational and charitable activities of William Marsh Rice University, contributing to its overall mission and purpose.
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Impact
October, 2024
Rice-Land Lumber Company plays a vital role in supporting William Marsh Rice University by serving as a title holding company for real estate dedicated to the university's benefit. By managing and maintaining these assets, the company ensures that resources are available for the university's growth and development, thereby enhancing the educational opportunities for its students and faculty. This support contributes to the overall community improvement in Houston, Texas, fostering an environment that promotes academic excellence and innovation. Through its activities, Rice-Land Lumber Company helps sustain the university’s mission, positively impacting the local community and broader educational landscape.
This information is meant to be a general summary of Rice-Land Lumber Company. 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: $3,171,949
Assets and Liabilities:
- Total Assets: $97,029,088
- Total Liabilities: $50,957
- Net Assets: $96,978,131
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Organization Details
Founding Year
1911
Phone
(713) 348-4927Main Address
6100 Main Street MS-70, Houston, TX, 770051892
NTEE Category
Code: S47 - Community improvement
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