Overview
What is Lifetree Foundation Inc?
Established in 2019, Lifetree Foundation Inc is a nonprofit organization with a mission to offer affordable housing options to low-income families. It is currently in the process of obtaining tax-exempt status from the Internal Revenue Service (IRS). The foundation is actively seeking suitable properties to purchase, with the goal of fulfilling its commitment to provide affordable housing solutions.
Is Lifetree Foundation Inc legitimate?
Lifetree Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifetree Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Lifetree Foundation Inc?
The Lifetree Foundation Inc, established in 2019, is dedicated to providing affordable housing solutions for low-income families. The organization is currently in the process of obtaining exempt status with the IRS and actively seeks out affordable housing properties to purchase, with the aim of fulfilling its mission. The Lifetree Foundation's objective is to make housing more accessible for families who may otherwise struggle with high costs.
Who is the CEO of Lifetree Foundation Inc?
Unavailable
What is the revenue of Lifetree Foundation Inc?
Lifetree Foundation Inc's revenue in 2022 was $150,000.
Who are the executives of Lifetree Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Lifetree Foundation Inc?
Lifetree Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Lifetree Foundation Inc
Lifetree Foundation Inc is a newly established organization with a mission to provide affordable housing solutions for low-income families. Established in 2019, the foundation has begun the process of obtaining tax-exempt status with the Internal Revenue Service (IRS). Currently, Lifetree Foundation Inc is actively seeking affordable housing properties to purchase and subsequently utilize to fulfill its mission. The primary goal of this nonprofit is to provide affordable housing, thereby addressing the housing needs of families who fall under the low-income category.
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Impact
October, 2024
Lifetree Foundation Inc has made a significant impact by focusing on the critical need for affordable housing for low-income families. Established in 2019 and based in McKinney, TX, the organization actively seeks to purchase and develop housing options that ensure stability and security for those in need. By addressing this pressing issue, Lifetree Foundation is not only providing immediate shelter but also working toward long-term solutions that uplift families and enrich their communities. Its commitment to affordable housing alleviates financial burdens, fosters a sense of belonging, and promotes overall well-being for low-income households, helping to create a more equitable society.
This information is meant to be a general summary of Lifetree Foundation 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 2022.
- Gross Receipts: $150,000
Assets and Liabilities:
- Total Assets: $432,095
- Total Liabilities: $0
- Net Assets: $432,095
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Organization Details
Phone
(214) 477-7022Main Address
3900 STONBRIDGE DR, McKinney, TX, 75070
NTEE Category
Code: L80 - Housing
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