Overview
What is Bgcdl Title Holding Company?
Bgcdl Title Holding Company is a nonprofit organization based in Detroit Lakes, Minnesota. Their primary mission is to secure long-term leasehold title for the Boys & Girls Club of Detroit Lakes Inc's new youth center. To achieve this, they successfully obtained low-interest financing, ensuring the establishment of a new facility for the betterment of the local youth. The specific address of their operations is not provided in the information, but they are located in Detroit Lakes, Minnesota as per the provided zip code.
Is Bgcdl Title Holding Company legitimate?
Bgcdl Title Holding Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bgcdl Title Holding Company 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.
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What is the mission statement of Bgcdl Title Holding Company?
The Bgcdl Title Holding Company's mission is primarily focused on acquiring and holding a long-term leasehold title for a new youth center belonging to the Boys & Girls Club of Detroit Lakes Inc. This endeavor aims to provide a permanent base for the club's operations, ensuring the continuity and growth of its services for young individuals in the community. The company also secured low-interest financing to fund the construction and establishment of this new facility.
Who is the CEO of Bgcdl Title Holding Company?
Matthew Johnson is the Director of Bgcdl Title Holding Company.
What is the revenue of Bgcdl Title Holding Company?
Bgcdl Title Holding Company's revenue in 2022 was $55,315.
Who are the executives of Bgcdl Title Holding Company and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Bgcdl Title Holding Company?
Bgcdl Title Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bgcdl Title Holding Company
Bgcdl Title Holding Company, in its mission, aims to secure and maintain long-term leasehold title for the Boys & Girls Club of Detroit Lakes Inc's new youth center. By doing so, the company plays a crucial role in facilitating the construction and operation of this vital community facility. To achieve this objective, Bgcdl Title Holding Company successfully secured low-interest financing for the project, demonstrating its commitment to supporting the growth and development of the Boys & Girls Club of Detroit Lakes Inc. The company's mission is essential in ensuring that the youth center can provide a safe and nurturing environment for children and young people in the community, fostering their personal growth and development.
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Impact
October, 2024
Bgcdl Title Holding Company significantly impacts the Detroit Lakes community by facilitating the establishment of a new youth center for the Boys & Girls Club of Detroit Lakes. By acquiring and holding the long-term leasehold title, the organization ensures stability and sustainability for the youth center. This strategic move allows for the development of a vital space dedicated to the growth and development of local youth.
Furthermore, the company has successfully obtained low-interest financing, which plays a crucial role in funding the new facility. This financing not only makes the project financially viable but also enables the Boys & Girls Club to provide essential programs and services to the community. Overall, Bgcdl Title Holding Company contributes to community improvement and strengthens the support system for youth in the area.
This information is meant to be a general summary of Bgcdl Title Holding Company. 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.
- Program Service Revenue: $55,315
- Gross Receipts: $55,315
Assets and Liabilities:
- Total Assets: $5,485,656
- Total Liabilities: $6,006,496
- Net Assets: -$520,840
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUDIT & TAX FEES
Revenue
$12,315
EQUIPMENT LEASE PAYMENTS
Revenue
$17,419
OPERATING LEASE PAYMENTS
Revenue
$25,581
Organization Details
Founding Year
2018
Phone
(218) 847-5700Principal Officer
Matthew Johnson
Main Address
PO BOX 83, DETROIT LAKES, MN, 56502
NTEE Category
Code: S47 - Community improvement
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