Overview
What is Zita Real Estate Corporation?
Zita Real Estate Corporation, located in Shreveport, Louisiana, serves as a charitable entity. Established as a wholly-owned subsidiary of Zita Charitable Trust, its primary role is to hold the title to real estate that is rented to Holy Angels of Shreveport, Louisiana. This nonprofit organization is dedicated to supporting this particular institution, providing it with the necessary property rights for their operations.
Is Zita Real Estate Corporation legitimate?
Zita Real Estate Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Zita Real Estate Corporation 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 Zita Real Estate Corporation?
Zita Real Estate Corporation serves as a charitable entity, functioning as a single parent title-holding corporation. Its primary role is to hold title to real estate properties that are then rented out to Holy Angels of Shreveport, Louisiana. This arrangement allows Holy Angels to utilize the properties for their operations, while Zita Real Estate Corporation maintains its title-holding position. The mission of Zita Real Estate Corporation can be understood as supporting Holy Angels by providing them with the necessary property infrastructure, enabling the organization to carry out its operations effectively.
Who is the CEO of Zita Real Estate Corporation?
Gary Moore is the President of Zita Real Estate Corporation.
What is the revenue of Zita Real Estate Corporation?
Zita Real Estate Corporation's revenue in 2022 was $221,341.
Who are the executives of Zita Real Estate Corporation and what are their salaries?
There 3 volunteers at Zita Real Estate Corporation.
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 Zita Real Estate Corporation?
Zita Real Estate Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Zita Real Estate Corporation
Zita Real Estate Corporation, a charitable entity, serves as a single parent title-holding corporation. This organization is a wholly-owned subsidiary of Zita Charitable Trust, with a unique mission. It holds title to real estate that is rented to Holy Angels of Shreveport, Louisiana. By doing so, Zita Real Estate Corporation plays a crucial role in supporting the operations of Holy Angels, ensuring that they have access to necessary property for their operations. This arrangement allows Zita Real Estate Corporation to contribute to the mission of Holy Angels, which is likely focused on providing services or support to the community in Shreveport, Louisiana. While the specific nature of Holy Angels' mission is not provided in the information, Zita Real Estate Corporation's role in holding title to their real estate suggests a commitment to supporting their work.
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Impact
October, 2024
Zita Real Estate Corporation plays a crucial role in supporting the operations of Holy Angels in Shreveport, Louisiana, by owning and maintaining real estate that is rented to this organization. By holding the title to the properties, Zita Real Estate Corporation ensures that Holy Angels has a stable and reliable physical space to provide services to individuals in need. This facilitates a range of community improvement initiatives and enhances the overall quality of life for those served by Holy Angels.
The impact of Zita Real Estate Corporation extends beyond مجرد property management; it directly contributes to the mission of Holy Angels, which likely includes providing support, care, and resources to vulnerable populations. By alleviating the financial burden associated with real estate ownership, Zita enables Holy Angels to focus its resources on its core mission, ultimately leading to improved outcomes for the community it serves. This synergistic relationship underscores the importance of Zita Real Estate Corporation in fostering community stability and growth in Shreveport.
This information is meant to be a general summary of Zita Real Estate Corporation. 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.
- Investment Income: $1,016
- Gross Receipts: $464,880
Assets and Liabilities:
- Total Assets: $6,374,446
- Total Liabilities: $0
- Net Assets: $6,374,446
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Organization Details
Founding Year
2017
Phone
(318) 673-1920Principal Officer
Gary Moore
Main Address
333 TEXAS STREET STE 699, SHREVEPORT, LA, 71101
NTEE Category
Code: S47 - Community improvement
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