Overview
What is Norfolk Ymca Real Estate Holding Corporation?
Norfolk Ymca Real Estate Holding Corporation is a nonprofit organization based in Norfolk, Nebraska, with a specific mission to support the local YMCA. Their primary role involves acquiring, financing, developing, and leasing the land where the YMCA is located. This organization's purpose is aligned with the YMCA's mission to integrate Christian principles into daily life by offering programs that promote overall health and well-being: spiritually, mentally, and physically.
Is Norfolk Ymca Real Estate Holding Corporation legitimate?
Norfolk Ymca Real Estate Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norfolk Ymca Real Estate Holding 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 Norfolk Ymca Real Estate Holding Corporation?
The Norfolk YMCA Real Estate Holding Corporation's mission is centered around supporting the YMCA by acquiring, financing, developing, and leasing the site where the YMCA operates. The primary objective of the YMCA, as mentioned in the mission statement of Norfolk YMCA Real Estate Holding Corporation, is to incorporate Christian principles into their programs, aiming to foster physical, mental, and spiritual well-being. The YMCA's programs are designed to promote health and growth, aligning with the corporation's commitment to providing the necessary infrastructure for this mission.
What is the revenue of Norfolk Ymca Real Estate Holding Corporation?
Norfolk Ymca Real Estate Holding Corporation's revenue in 2023 was -$442,207.
Who are the executives of Norfolk Ymca Real Estate Holding Corporation and what are their salaries?
There 1 volunteer at Norfolk Ymca Real Estate Holding Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Norfolk Ymca Real Estate Holding Corporation?
Norfolk Ymca Real Estate Holding Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Norfolk Ymca Real Estate Holding Corporation
Norfolk YMCA Real Estate Holding Corporation's mission is centered around promoting Christian principles in a practical manner. This is accomplished through the organization's programs, which are designed to foster the development of a healthy spirit, mind, and body. Specifically, Norfolk YMCA Real Estate Holding Corporation aims to acquire, finance, and develop a site, subsequently leasing it to the YMCA, where these programs can be carried out. By providing a conducive environment for the YMCA's operations, this corporation ensures that the YMCA can continue its mission of inspiring personal growth and well-being in individuals of all ages.
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Impact
October, 2024
Norfolk YMCA Real Estate Holding Corporation plays a significant role in the community by facilitating the leasing and development of the YMCA site in Norfolk, Nebraska. By acquiring and financing the property where the YMCA operates, it ensures the organization has the resources needed to offer its diverse programs aimed at promoting healthy living, youth development, and social responsibility. This strategic involvement helps maintain a vital community hub that fosters physical and mental well-being while embedding Christian principles into the local culture. Furthermore, by supporting the operations of the YMCA, the corporation contributes to a stronger, more engaged community that thrives on positive wellness initiatives and accessible programs for all ages.
This information is meant to be a general summary of Norfolk Ymca Real Estate Holding 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 2023.
- Gross Receipts: $102,000
Assets and Liabilities:
- Total Assets: $9,400,795
- Total Liabilities: $10,000,000
- Net Assets: -$599,205
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Organization Details
Founding Year
2018
Principal Officer
Dennis Montgomery
NTEE Category
Code: T11 - Philanthropy
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