Overview
What is Lll Resources Inc?
Lll Resources Inc is a nonprofit organization situated in Midland, Texas. Established with the purpose of developing a land tract, the organization primarily generates income through royalties. These revenues are utilized for property maintenance and supporting its intended use for Christian education. Lll Resources is also involved in leasing out a parcel of land to a non-profit organization. Their mission is centered around providing facilities for organizations dedicated to addressing human trafficking. This includes the identification, equipping, and restoration of victims, as well as offering training facilities for Christian organizations. Currently, Lll Resources is working on building a website to expand its reach and services.
Is Lll Resources Inc legitimate?
Lll Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lll Resources 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 Lll Resources Inc?
Lll Resources Inc's mission is centered around providing facilities for organizations that are committed to combating human trafficking. These organizations are tasked with identifying, equipping, and restoring victims of this heinous crime. Additionally, Lll Resources Inc offers training facilities for Christian organizations. The primary objective of Lll Resources Inc is to support these organizations in their missions, utilizing the revenue from its royalty income to maintain its property and ensure its use for Christian education. Currently, Lll Resources Inc is in the process of developing a website, aiming to make its resources accessible to the public for biblical studies.
Who is the CEO of Lll Resources Inc?
Steve Young is the Chairman of Lll Resources Inc.
What is the revenue of Lll Resources Inc?
Lll Resources Inc's revenue in 2022 was $522,149.
Who are the executives of Lll Resources Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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Where can I find the form 990 for Lll Resources Inc?
Lll Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lll Resources Inc
Lll Resources Inc is committed to a mission of providing facilities for organizations that are dedicated to identifying, equipping, and restoring victims of human trafficking. This non-profit organization aims to offer a supportive environment where these organizations can carry out their vital work. Lll Resources Inc's primary goal is to contribute to the cause of combating human trafficking by providing the necessary infrastructure. The revenue generated mainly from royalties is utilized to maintain the property and ensure its continued use for Christian education purposes. While Lll Resources Inc is currently in the process of building a website, its primary focus remains on its mission of supporting organizations fighting against human trafficking.
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Impact
October, 2024
Lll Resources Inc plays a significant role in addressing the urgent issue of human trafficking by providing facilities for organizations focused on identifying, equipping, and restoring victims. By leasing land in Midland County for this purpose, Lll Resources facilitates essential work that helps individuals regain their lives and dignity.
The organization generates income primarily through royalties, which it uses to maintain the property and support its facilities. This financial framework enables Lll Resources to sustain its initiatives while fostering development for Christian organizations involved in similar missions. Additionally, the establishment of a website dedicated to biblical research underscores its commitment to public education and resources.
Overall, Lll Resources Inc is making a meaningful impact by helping to create safe spaces for healing and education, contributing positively to both the local community in Midland, Texas, and the broader fight against human trafficking.
This information is meant to be a general summary of Lll Resources 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.
- Gross Receipts: $522,149
Assets and Liabilities:
- Total Assets: $628,803
- Total Liabilities: $0
- Net Assets: $628,803
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Organization Details
Founding Year
2018
Principal Officer
Steve Young
Main Address
5900 WHITMAN DR, MIDLAND, TX, 79705
NTEE Category
Code: X11 - Religion related
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