Tncc Holdings Inc

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

EIN: 843732047 ✦ Durham, NC ✦ Designated as a 501(c)(2)

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Overview

What is Tncc Holdings Inc?

Tncc Holdings Inc, headquartered in Durham, NC, serves as a holding company for a nonprofit organization. Its primary role is to manage and support the operations of this nonprofit corporation, aiming to contribute positively to the community. As a holding company, Tncc Holdings Inc provides a structural framework to foster the growth and success of its associated nonprofit entity.

Is Tncc Holdings Inc legitimate?

Tncc Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Tncc 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

For more financial information, click here

What is the mission statement of Tncc Holdings Inc?

Tncc Holdings Inc, functioning as a holding company, is dedicated to supporting a nonprofit corporation. Although the specific goals or initiatives of this support are not explicitly stated in the provided information, the organization's mission is centered around providing a framework for the operations of the nonprofit entity.

Who is the CEO of Tncc Holdings Inc?

Mary D Mckenzie is the President of Tncc Holdings Inc.

What is the revenue of Tncc Holdings Inc?

Tncc Holdings Inc's revenue in 2021 was $84,763.

Who are the executives of Tncc Holdings Inc and what are their salaries?


Here are 2 key members and their salaries:


Garry M Mitchell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary D Mckenzie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tncc Holdings Inc?

Tncc Holdings Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Tncc Holdings Inc

Tncc Holdings Inc, as a holding company, was formed with the mission to support a nonprofit corporation. In essence, its role is to act as a financial and organizational umbrella for this nonprofit entity. The specific activities or objectives of the nonprofit corporation under Tncc Holdings Inc's purview are not provided in the data, but it can be inferred that the holding company's mission is to facilitate the operations and growth of this nonprofit organization. By serving as a holding company, Tncc Holdings Inc likely provides the necessary infrastructure and resources for the nonprofit corporation to fulfill its own mission effectively.

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Impact




October, 2024

Tncc Holdings Inc plays a significant role in community improvement through its operations as a holding company for nonprofit organizations. Based in Durham, NC, it focuses on supporting various initiatives that enhance the local community's well-being and development. By facilitating real estate projects and investments, Tncc Holdings Inc creates opportunities for growth, supports local infrastructure, and promotes sustainable practices.

The organization's mission allows it to engage in strategic partnerships and investments that further its goals of enhancing community resources and services. This impact is felt through improved facilities, increased accessibility to essential services, and the promotion of local economic growth, ultimately contributing to a vibrant and thriving Durham community. Through its focus on community improvement, Tncc Holdings Inc serves as a catalyst for positive change and development in the region.




This information is meant to be a general summary of Tncc 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.

Revenue
$84,763 (2021)
Expenses
$84,763 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $84,763
  • Gross Receipts: $84,763

Assets and Liabilities:

  • Total Assets: $1,082,047
  • Total Liabilities: $1,082,047
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rents on mortgage

Revenue

$84,763

Organization Details

Founding Year

2019

Principal Officer

Mary D Mckenzie

Main Address

3200 CROASDAILE DR STE 106, Durham, NC, 27705

NTEE Category

Code: S47 - Community improvement

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