Overview
What is Regional Property Holding Company Inc?
Regional Property Holding Company Inc, based in Johnstown, Pennsylvania, serves as a nonprofit entity with a unique purpose. It primarily receives donations and maintains the title to property. The company collects income generated from these properties and subsequently transfers the entire earnings, excluding expenses, to the Community Foundation for Greater Johnstown. By doing so, the organization plays a crucial role in facilitating financial contributions towards community development initiatives in the Johnstown area.
Is Regional Property Holding Company Inc legitimate?
Regional Property Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Regional Property Holding Company 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 Regional Property Holding Company Inc?
The Regional Property Holding Company Inc's primary mission is to receive donations and secure property titles. Their primary objective is to generate income from these properties and subsequently transfer the entire earnings, less expenses, to the Community Foundation for Greater JohnSTOWN. In essence, the company's role is to act as a conduit for donations and property management, ultimately benefiting the Community Foundation for Greater JohnSTOWN.
Who is the CEO of Regional Property Holding Company Inc?
Michael Kane is the President of Regional Property Holding Company Inc.
What is the revenue of Regional Property Holding Company Inc?
Regional Property Holding Company Inc's revenue in 2023 was $9,000.
Who are the executives of Regional Property Holding Company Inc and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $180,647
- Other: $84,057
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- Related: $61,814
- Other: $6,242
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- Other: $0
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- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Regional Property Holding Company Inc?
Regional Property Holding Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Regional Property Holding Company Inc
Regional Property Holding Company Inc, as a nonprofit organization, is dedicated to a specific mission. Its primary objective is to receive donations and hold title to property. The company collects income from these properties and subsequently, after deducting expenses, transfers the entire amount to the Community Foundation for Greater Johnstown. This mission is geared towards channeling resources back into the community, contributing to its growth and development. By managing property donations and generating income from them, Regional Property Holding Company Inc plays a crucial role in supporting the Community Foundation for Greater Johnstown in its efforts to uplift the community.
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Impact
October, 2024
Regional Property Holding Company Inc significantly contributes to community development by managing property assets and facilitating financial support for local initiatives. By receiving donations and holding title to properties, the organization generates income that directly benefits the Community Foundation for Greater Johnstown. This ensures that funds are reinvested into the community, fostering improvements and addressing local needs. Their operations play a crucial role in enhancing the economic vitality of Johnstown, allowing for reinvestment into various community projects and initiatives that improve the quality of life for residents.
This information is meant to be a general summary of Regional Property Holding Company 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 2023.
- Gross Receipts: $9,000
Assets and Liabilities:
- Total Assets: $679,811
- Total Liabilities: $48,093
- Net Assets: $631,718
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Organization Details
Founding Year
2018
Principal Officer
Michael Kane
Main Address
216 FRANKLIN STREET STE 400, JOHNSTOWN, PA, 15901
NTEE Category
Code: S47 - Community improvement
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