Overview
What is V L Holdings Inc?
V L Holdings Inc is a nonprofit organization that focuses on the field of Elementary and Secondary Education, specifically in the General/Other sector. The primary activity of this organization involves holding real estate properties with the intention of expanding its nonprofit entity in the future. Specifically, they currently have three rental properties under their possession, which serve as a means to benefit their nonprofit operations. While the exact nature of the nonprofit's mission or activities is not specified in the information, it can be inferred that V L Holdings Inc uses its real estate holdings to support its nonprofit endeavors in the education sector.
Is V L Holdings Inc legitimate?
V L Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. V L Holdings 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 V L Holdings Inc?
VL Holdings Inc's primary activity involves holding real estate for the future expansion and benefit of a non-profit entity. While the company does not have a publicly stated mission statement, its actions suggest a commitment to supporting the growth and development of a non-profit organization in the field of education, specifically at the elementary and secondary levels. The company's real estate holdings serve as a means to further the goals and objectives of this non-profit entity.
Who is the CEO of V L Holdings Inc?
Michael Cherry is the Vice President of V L Holdings Inc.
What is the revenue of V L Holdings Inc?
V L Holdings Inc's revenue in 2022 was $182,576.
Who are the executives of V L Holdings Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for V L Holdings Inc?
V L Holdings Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of V L Holdings Inc
V L Holdings Inc, a nonprofit entity, holds real estate with the intention of expanding its operations in the future. The company's primary goal is to benefit from these properties, ultimately serving the needs of another nonprofit organization. While the specifics of this nonprofit's mission or activities are not provided in the information, it can be inferred that V L Holdings Inc plays a supporting role in the broader nonprofit sector by providing the necessary real estate for growth and development.
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Impact
October, 2024
V L Holdings Inc plays a significant role in the realm of elementary and secondary education by strategically holding real estate for future expansion. Located in Arlington, Texas, the organization manages three rental properties that are designated to support and benefit educational initiatives. This real estate strategy not only provides a stable foundation for the organization’s growth but also underscores its commitment to community improvement.
By maintaining these properties, V L Holdings Inc can ensure that adequate resources and facilities are available as educational needs evolve. This proactive approach enables the organization to create a more robust educational environment for students and families in the community, fostering development and accessibility in education. The impact of the organization extends beyond the immediate benefits of property management; it positions itself as a critical player in enhancing educational opportunities within Arlington, ultimately contributing to the overall betterment of the community.
This information is meant to be a general summary of V L Holdings 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: $182,576
Assets and Liabilities:
- Total Assets: $1
- Total Liabilities: $0
- Net Assets: $1
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Organization Details
Phone
(817) 460-3315Principal Officer
Michael Cherry
Main Address
2201 West Park Row Drive, Arlington, TX, 760137414
NTEE Category
Code: S47 - Community improvement
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