Overview
What is Scc Holding Company?
Scc Holding Company is a nonprofit organization based in Scranton, Pennsylvania, specifically at 329 Cherry Street. Its primary role is to manage and oversee real property assets on behalf of another 501(C)(3) organization, Scranton Counseling Center, located at a different address in the city. The company's mission involves acquiring, holding title, collecting, and remitting income derived from these properties. By doing so, Scc Holding Company supports the financial well-being of the affiliated organization, enabling it to carry out its own charitable activities. In essence, Scc Holding Company acts as a property management entity for the benefit of the Scranton Counseling Center.
Is Scc Holding Company legitimate?
Scc Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Scc 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Scc Holding Company?
Scc Holding Company's mission is centered around acquiring, holding title to, and managing real property on behalf of other 501(C)(3) organizations. Their primary role is to collect and distribute the income generated from these properties. This service facilitates the financial operations of these organizations, enabling them to focus on their respective missions. Scc Holding Company does not have a specific cause or social issue it aims to address, but instead, it provides essential support services to other charitable organizations.
Who is the CEO of Scc Holding Company?
Sarah Wodder is the CEO of Scc Holding Company The CEO's salary of Scc Holding Company is $0 and their total compensation is $219,132.
What is the revenue of Scc Holding Company?
Scc Holding Company's revenue in 2024 was $656,173.
Who are the executives of Scc Holding Company and what are their salaries?
Here are 5 key members and their salaries (Scc Holding Company's CEO's salary is $0 and their total compensation is $219,132):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $205,031
- Other: $14,101
Where can I find the form 990 for Scc Holding Company?
Scc Holding Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Scc Holding Company
Scc Holding Company, as a supporting organization, is committed to acquiring, holding title, and collecting and remitting income derived from real property on behalf of another 501(c)(3) organization. Its mission is to act as a fiscal agent, managing assets for the benefit of the Scranton Counseling Center, a nonprofit organization based in Scranton, Pennsylvania. By performing these functions, Scc Holding Company enables the Scranton Counseling Center to focus on its primary mission of providing counseling and support services to the community, without the distraction of managing property-related income. The company's role is instrumental in ensuring that the Scranton Counseling Center has the financial resources it needs to continue its vital work in the community.
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Impact
October, 2024
Scc Holding Company plays a crucial role in supporting the operations of the Scranton Counseling Center by managing real estate assets on its behalf. By acquiring, holding title, and collecting income from various properties, Scc Holding Company ensures that the Scranton Counseling Center has the necessary financial resources to continue providing essential mental health services to the community. This management of real property not only helps maintain the stability of the center's funding but also contributes to the overall improvement of the community in Scranton, PA. By facilitating the financial aspects of real estate, Scc Holding Company allows the Scranton Counseling Center to focus on delivering its programs effectively, fostering a stronger support system for those in need of counseling and mental health services.
This information is meant to be a general summary of Scc 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 2024.
- Program Service Revenue: $656,173
- Gross Receipts: $656,173
Assets and Liabilities:
- Total Assets: $14,445,240
- Total Liabilities: $9,860,000
- Net Assets: $4,585,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$656,173
Organization Details
Founding Year
2019
Principal Officer
Sarah Wodder
NTEE Category
Code: S47 - Community improvement
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