Mcc Parcel B Title Holding Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843392213 ✦ Lansing, MI ✦ Designated as a 501(c)(2)

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Overview

What is Mcc Parcel B Title Holding Corporation?

Mcc Parcel B Title Holding Corporation is a fixed asset holding company situated in Lansing, Michigan, with an address at 502 E Cesar E Chavez Ave Suite A, 48906. The corporation's primary purpose is to own property utilized by Michigan Community Capital in fulfilling their mission. Specifically, the property in question is a 51,000 square foot mixed-use facility located in Mt. Pleasant, Michigan, comprising of affordable housing, a cooperative grocery store, and related commercial/retail amenities. The corporation's role is crucial in supporting the mission of Michigan Community Capital, which aims to improve communities and address social issues by providing affordable housing and other essential amenities.


Official website here: www.michigancommunitycapital.org

Is Mcc Parcel B Title Holding Corporation legitimate?

Mcc Parcel B Title Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Mcc Parcel B Title Holding Corporation 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

For more financial information, click here


Official website here: www.michigancommunitycapital.org

What is the mission statement of Mcc Parcel B Title Holding Corporation?

Mcc Parcel B Title Holding Corporation serves as a property holding company, owning assets utilized by Michigan Community Capital in the fulfillment of their mission. The corporation's primary activity revolves around a 51,000 square foot mixed-use facility in an unspecified location. This facility includes affordable housing, a cooperative grocery store, and related commercial and retail amenities. The mission of Mcc Parcel B Title Holding Corporation, in essence, supports Michigan Community Capital's endeavors by providing the necessary property infrastructure. The company's role is instrumental in promoting affordable housing, community commerce, and overall socio-economic development.


Official website here: www.michigancommunitycapital.org

Who is the CEO of Mcc Parcel B Title Holding Corporation?

Adrianne Jenkins is the President/Board Member of Mcc Parcel B Title Holding Corporation.


Official website here: www.michigancommunitycapital.org

What is the revenue of Mcc Parcel B Title Holding Corporation?

Mcc Parcel B Title Holding Corporation's revenue in 2022 was -$295,232.


Official website here: www.michigancommunitycapital.org

Who are the executives of Mcc Parcel B Title Holding Corporation and what are their salaries?


Here are 3 key members and their salaries:


Eric Hanna (President/Board Member)
  • Compensation: $0
  • Related: $225,426
  • Other: $38,233
Mark Morante (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lynch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.michigancommunitycapital.org

Where can I find the form 990 for Mcc Parcel B Title Holding Corporation?

Mcc Parcel B Title Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.michigancommunitycapital.org

Learn more at the official website: www.michigancommunitycapital.org

Mission Statement of Mcc Parcel B Title Holding Corporation

Mcc Parcel B Title Holding Corporation serves as a fixed asset holding company, owning property that Michigan Community Capital utilizes in fulfilling their stated mission. Essentially, this corporation acts as a property custodian, contributing to the greater mission of Michigan Community Capital. The property in question is a 51,000 square foot mixed-use facility situated in Mt. Pleasant, Michigan. This complex comprises affordable housing, a cooperative grocery store, and related commercial and retail amenities, all working together to serve the community. In essence, Mcc Parcel B Title Holding Corporation plays a supporting role in the mission of Michigan Community Capital by providing the necessary property infrastructure for their operations.

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Impact




October, 2024

Mcc Parcel B Title Holding Corporation significantly impacts the community by owning and managing a 51,000 square-foot mixed-use facility in Mt. Pleasant, Michigan. This facility includes affordable housing options and a co-op grocery store, making essential services more accessible to residents. The presence of related commercial and retail amenities fosters economic activity and provides local employment opportunities, contributing to community development and stability. By fulfilling its role as a fixed asset holding company, Mcc Parcel B Title Holding Corporation supports the broader mission of Michigan Community Capital, enhancing the quality of life in the area and promoting community improvement.




This information is meant to be a general summary of Mcc Parcel B Title Holding Corporation. 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.

Revenue
-$295,232 (2022)
Expenses
$8,357 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $103,427
  • Gross Receipts: $711,882

Assets and Liabilities:

  • Total Assets: $25,564,402
  • Total Liabilities: $25,199,834
  • Net Assets: $364,568

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Organization Details

Founding Year

2019

Principal Officer

Adrianne Jenkins

Main Address

502 E CESAR E CHAVEZ AVE SUITE A, LANSING, MI, 48906

NTEE Category

Code: S47 - Community improvement

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