Overview
What is Afa Title Holding Company?
Afa Title Holding Company is a 501(C)(2) entity, functioning as a subsidiary under the Air & Space Forces Association. Its primary purpose is to manage and hold the real estate assets of the Air & Space Forces Association and its affiliates. Specifically, it holds the title deed for the Doolittle Building, located at 1501 Langston Blvd, Arlington, VA 22209. The company's operations revolve around the management of this property's revenues and expenses. Any surplus at the end of the fiscal year is transferred to the parent company. Essentially, Afa Title Holding Company serves to ensure the secure ownership of the Air & Space Forces Association's real estate holdings.
Official website here: www.afa.org
Is Afa Title Holding Company legitimate?
Afa Title Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Afa 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.afa.org
What is the mission statement of Afa Title Holding Company?
Afa Title Holding Company, under the Air & Space Forces Association, serves as a 501(C)(2) entity with a specific purpose. Its mission is to solely manage and hold the real estate assets of the Air & Space Forces Association and its affiliates. The corporation's activities primarily revolve around the financial management of the Doolittle Building at Afa Headquarters, with facilities revenue and expenses flowing through its program. Any surplus generated at the end of the year is transferred to the parent company, the Air & Space Forces Association. In essence, Afa Title Holding Company acts as a financial steward for the real estate assets of the Air & Space Forces Association.
Official website here: www.afa.org
What is the revenue of Afa Title Holding Company?
Afa Title Holding Company's revenue in 2023 was $7,838,276.
Official website here: www.afa.org
Who are the executives of Afa Title Holding Company and what are their salaries?
There 22 volunteers at Afa Title Holding Company.
Here are 25 key members and their salaries:
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Official website here: www.afa.org
Where can I find the form 990 for Afa Title Holding Company?
Afa Title Holding Company's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.afa.org
Learn more at the official website: www.afa.org
Mission Statement of Afa Title Holding Company
Afa Title Holding Company, a 501(C)(2) entity, serves as a vital component under the Air & Space Forces Association. Its primary mission is uniquely focused on holding the real estate assets associated with the organization and its affiliates. Established with a sole purpose in mind, Afa Title Holding Company manages the title of the Doolittle Building, which serves as the headquarters for the Air & Space Forces Association. The company's operations involve managing the financial aspects of the building, including revenue and expenses. Any surplus generated at the end of the fiscal year is subsequently transferred to the parent company, the Air & Space Forces Association. Through its dedicated service, Afa Title Holding Company plays a crucial role in maintaining the financial stability of the Air & Space Forces Association and its related entities.
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Impact
October, 2024
Afa Title Holding Company significantly impacts the operations and sustainability of the Air & Space Forces Association by holding the title to the Doolittle Building at AFA headquarters. This role ensures that the association's real estate assets are effectively managed, with all revenue and expenses related to building operations flowing through this program. Any excess surplus generated at year-end is transferred to the parent organization, bolstering financial resources for the Air & Space Forces Association and its initiatives.
By maintaining and overseeing these assets, Afa Title Holding Company plays a crucial role in the overall community improvement efforts and resources that support the mission of the association. This structure allows for more efficient operational management, enabling the association to focus on its goals while ensuring the stability and functionality of its facilities in Arlington, VA.
This information is meant to be a general summary of Afa 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 2023.
- Gross Receipts: $15,575,283
Assets and Liabilities:
- Total Assets: $7,939,942
- Total Liabilities: $197,618
- Net Assets: $7,742,324
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Organization Details
Founding Year
2019
Principal Officer
Bruce Wright
Website
www.afa.orgNTEE Category
Code: S47 - Community improvement
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