Overview
What is Ccmh Holdings Inc?
Ccmh Holdings Inc is a corporation established primarily for the purpose of managing property. It collects income from this property and subsequently transfers the entire net income, after deducting expenses, to an organization that is exempt under the Internal Revenue Code Section 501(A). This organization operates on a charitable basis, utilizing the income collected by Ccmh Holdings Inc for its charitable activities.
Is Ccmh Holdings Inc legitimate?
Ccmh Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ccmh Holdings 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ccmh Holdings Inc?
Ccmh Holdings Inc is established with the primary objective of holding property titles and generating income from them. This corporation then transfers the entire earnings, after deducting expenses, to an organization that qualifies for tax-exempt status under IRC 501(A). In essence, Ccmh Holdings Inc serves as a financial intermediary, funneling income to eligible charitable organizations. Its role is to facilitate the collection and distribution of funds, ultimately contributing to the charitable sector.
Who is the CEO of Ccmh Holdings Inc?
Diane Peretti is the President of Ccmh Holdings Inc.
What is the revenue of Ccmh Holdings Inc?
Ccmh Holdings Inc's revenue in 2022 was $0.
Who are the executives of Ccmh Holdings Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ccmh Holdings Inc?
Ccmh Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ccmh Holdings Inc
Ccmh Holdings Inc, as per its mission statement, is established with the sole purpose of holding title to property and collecting income derived from it. The corporation operates with the intent of transferring the entire income, less expenses, to an organization that is exempt under the Internal Revenue Code Section 501(a). In essence, Ccmh Holdings Inc serves as a financial intermediary, channeling its income to another charitable entity, thereby supporting its exempt status under the IRS.
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Impact
October, 2024
Ccmh Holdings Inc serves a crucial role by managing property and income generated from that property, directing all proceeds to an organization that is exempt under IRC 501(a). This structure allows for financial support to be efficiently funneled to other entities working towards charitable, educational, or religious purposes. By holding title to property and collecting income, Ccmh Holdings Inc facilitates the sustainability and operational viability of the receiving organization. This impact not only enhances the financial health of its affiliated organization but also supports broader community initiatives that align with its mission, thus contributing to the social and economic landscape in Chester, NJ. The focus on ensuring that income is reinvested into the community aids in strengthening various programs and services that benefit those in need, particularly within the realm of religion-related activities.
This information is meant to be a general summary of Ccmh 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.
Assets and Liabilities:
- Total Assets: $1,068,338
- Total Liabilities: $0
- Net Assets: $1,068,338
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Organization Details
Phone
(201) 786-8962Principal Officer
Diane Peretti
Main Address
95 W MAIN ST STE 5-108, CHESTER, NJ, 07930
NTEE Category
Code: X20 - Religion related
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