Overview
What is Dale Avenue Properties C/O First Presbyterian Church Of Houston?
Dale Avenue Properties, an affiliate of First Presbyterian Church of Houston, is a nonprofit organization with a primary mission to own and manage real estate properties. Their primary objective is to protect First Presbyterian Church of Houston from potential liabilities, and any income generated from these properties may be distributed to the church later. Their role is essential in securing a stable financial foundation for the church, ensuring its long-term growth and success. The organization is located in Houston, Texas, at 5300 South Main St.
Is Dale Avenue Properties C/O First Presbyterian Church Of Houston legitimate?
Dale Avenue Properties C/O First Presbyterian Church Of Houston is a legitimate nonprofit organization registered as a 501(c)(2) entity. Dale Avenue Properties C/O First Presbyterian Church Of Houston 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 Dale Avenue Properties C/O First Presbyterian Church Of Houston?
Dale Avenue Properties, affiliated with First Presbyterian Church of Houston, is established with a primary objective to hold title to real property. This organization operates with the intention of providing potential income to the church in the future, should any arise. Its primary purpose is to safeguard the church's interests by acquiring and maintaining property, thereby offering liability protection. The organization's main function is to manage these properties for the benefit of the First Presbyterian Church of Houston.
Who is the CEO of Dale Avenue Properties C/O First Presbyterian Church Of Houston?
Hunter Johnson is the President of Dale Avenue Properties C/O First Presbyterian Church Of Houston.
What is the revenue of Dale Avenue Properties C/O First Presbyterian Church Of Houston?
Dale Avenue Properties C/O First Presbyterian Church Of Houston's revenue in 2022 was -$20,295.
Who are the executives of Dale Avenue Properties C/O First Presbyterian Church Of Houston and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $123,958
- Other: $39,769
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dale Avenue Properties C/O First Presbyterian Church Of Houston?
Dale Avenue Properties C/O First Presbyterian Church Of Houston's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dale Avenue Properties C/O First Presbyterian Church Of Houston
Dale Avenue Properties, affiliated with the First Presbyterian Church of Houston, is organized with a specific mission. This mission primarily involves holding title to real estate properties. The primary objective is to safeguard these properties for the benefit of the First Presbyterian Church of Houston. If any income is generated from these properties in the future, it is intended to be distributed to the church. Essentially, Dale Avenue Properties serves as a protective shield for the church's real estate assets, ensuring their continued use and potential financial support to the church.
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Impact
October, 2024
Dale Avenue Properties plays a vital role in supporting the First Presbyterian Church of Houston by managing its real estate assets. By purchasing and holding title to properties, it ensures that the church has a stable foundation for its operations and future growth. This organizational structure not only provides liability protection for the church but also allows for potential financial benefits through the distribution of any net income generated by those properties.
The impact of Dale Avenue Properties extends to the broader community by enabling First Presbyterian Church of Houston to focus on its mission and service initiatives without the burdens of property management. This structure empowers the church to direct its resources toward community improvement efforts and outreach programs, thereby enhancing its role within the Houston area. Overall, Dale Avenue Properties contributes to the sustainability and effectiveness of the church, ultimately benefiting the community it serves.
This information is meant to be a general summary of Dale Avenue Properties C/O First Presbyterian Church Of Houston. 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: $132,370
Assets and Liabilities:
- Total Assets: $1,774,727
- Total Liabilities: $9,885
- Net Assets: $1,764,842
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Organization Details
Founding Year
2001
Phone
(713) 620-6403Principal Officer
Hunter Johnson
Main Address
5300 South Main St, Houston, TX, 77004
NTEE Category
Code: S47 - Community improvement
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