Overview
What is Strada Idaho Holdings Inc?
Strada Idaho Holdings Inc is a nonprofit organization headquartered in Indianapolis, Indiana. Its primary objective is to own and manage property, generating income from it, and subsequently transferring the entire net income, after deducting expenses, to Strada Education Network, Inc. The organization's role is strictly confined to property management and income collection, with the ultimate goal of supporting Strada Education Network, Inc.
Is Strada Idaho Holdings Inc legitimate?
Strada Idaho Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Strada Idaho Holdings 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 Strada Idaho Holdings Inc?
Strada Idaho Holdings Inc is a corporation primarily focused on holding title to property and generating income from it. The organization operates with the goal of transferring the entire earnings, after deducting expenses, to Strada Education Network, Inc. In essence, Strada Idaho Holdings Inc serves as a property holding entity, collecting rent or royalties and passing on the net proceeds to Strada Education Network for its operations.
What is the revenue of Strada Idaho Holdings Inc?
Strada Idaho Holdings Inc's revenue in 2021 was $14,186,421.
Who are the executives of Strada Idaho Holdings Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $571,791
- Other: $73,575
- Compensation: $0
- Related: $493,198
- Other: $70,825
- Compensation: $0
- Related: $384,759
- Other: $47,898
- Compensation: $0
- Related: $337,278
- Other: $69,898
- Compensation: $0
- Related: $396,932
- Other: $73,575
- Compensation: $0
- Related: $281,250
- Other: $26,497
Where can I find the form 990 for Strada Idaho Holdings Inc?
Strada Idaho Holdings Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Strada Idaho Holdings Inc
Strada Idaho Holdings, Inc. is a unique organization with a singular focus on holding title to property and collecting income generated from it. This income is then transferred, less expenses, to Strada Education Network, Inc. Established and run exclusively for this purpose, the organization plays a crucial role in the financial ecosystem of Strada Education Network. By holding and managing real property, Strada Idaho Holdings, Inc. generates a consistent revenue stream for its sister organization. This financial support allows Strada Education Network, Inc. to further its educational mission unencumbered. The organization's dedication to its specified role ensures the long-term financial stability of the broader Strada Education Network.
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Impact
October, 2024
Strada Idaho Holdings Inc plays a crucial role in supporting educational initiatives through its financial operations. By holding title to properties and collecting income from these assets, it generates funds that are directly allocated to Strada Education Network, Inc. This financial flow enables Strada Education Network to pursue its mission of enhancing educational outcomes and improving access to education.
The impact of Strada Idaho Holdings extends beyond mere property management; it fosters a sustainable funding model that contributes to the delivery of valuable educational resources and programs. The income collected can be reinvested into initiatives that directly benefit students, educators, and educational institutions, ensuring that more individuals have the opportunity to succeed and thrive in their educational endeavors. This strategic alignment of property management and educational funding underscores the organization's commitment to strengthening the educational landscape and enhancing lifelong learning opportunities.
This information is meant to be a general summary of Strada Idaho Holdings 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 2021.
- Investment Income: $14,176,421
- Gross Receipts: $34,834,332
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2019
Principal Officer
Thomas R Ertel
NTEE Category
Code: B11 - Education
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