Overview
What is Yuba Foothills Holding Corporation Inc?
Yuba Foothills Holding Corporation Inc, a nonprofit organization situated in Marysville, California, primarily functions as a property title holder and income collector. Its unique mission is to transfer all the collected income to another organization, adhering to the Internal Revenue Code 501(a). This corporation's purpose is singularly focused on this task, ensuring that its resources contribute positively to another organization's objectives.
Is Yuba Foothills Holding Corporation Inc legitimate?
Yuba Foothills Holding Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Yuba Foothills Holding Corporation Inc submitted a form 990EZ, 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.
What is the mission statement of Yuba Foothills Holding Corporation Inc?
Yuba Foothills Holding Corporation Inc's mission is centered around holding title to property and collecting income. This organization, in adherence to IRC 501(a), then proceeds to transfer the entire income collected to another organization. The corporation's purpose is singularly focused on this objective. It serves as a financial intermediary, channeling resources to another organization for its intended use.
Who is the CEO of Yuba Foothills Holding Corporation Inc?
Thomas Belza is the President of Yuba Foothills Holding Corporation Inc.
What is the revenue of Yuba Foothills Holding Corporation Inc?
Yuba Foothills Holding Corporation Inc's revenue in 2022 was $0.
Who are the executives of Yuba Foothills Holding Corporation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Yuba Foothills Holding Corporation Inc?
Yuba Foothills Holding Corporation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Yuba Foothills Holding Corporation Inc
Yuba Foothills Holding Corporation, as a mission-driven organization, focuses solely on holding property titles and collecting income. This corporation adheres to the Internal Revenue Code Section 501(a), which dictates that the entire income collected is to be transferred to another eligible organization. The mission of Yuba Foothills Holding Corporation is centered around this specific purpose, ensuring that the collected income is utilized effectively by another nonprofit entity.
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Impact
October, 2024
Yuba Foothills Holding Corporation Inc plays a vital role in supporting charitable activities by holding title to property and generating income that is subsequently directed to another organization under IRC 501(a). By effectively managing property assets and ensuring that all collected income is transferred to its designated partner organization, it helps facilitate the financial sustainability of initiatives that align with its mission.
Located in Marysville, CA, the corporation contributes to the community by focusing on its specific purpose of income generation for charitable use, underscoring its impact on the broader mission of supporting religious-related activities. This financial stewardship allows for increased resources that can be utilized for various philanthropic goals, ultimately benefiting the greater good within the community. The streamlined approach to property management and income distribution enhances the operational capacity of the organization it supports, fostering a cycle of giving and resource allocation that can lead to meaningful community development and support for important causes.
This information is meant to be a general summary of Yuba Foothills Holding Corporation 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: $347,639
- Total Liabilities: $0
- Net Assets: $347,639
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Organization Details
Phone
(530) 743-5435Principal Officer
Thomas Belza
Main Address
11234 LOMA RICA RD, MARYSVILLE, CA, 95901
NTEE Category
Code: X11 - Religion related
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