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Grandview Resthome Real Estate Foundation

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

EIN: 844200774 ✦ Grandview, TX ✦ Designated as a 501(c)(3)

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Overview

What is Grandview Resthome Real Estate Foundation?

The Grandview Resthome Real Estate Foundation is a nonprofit entity established with the primary objective of supporting the Grandview Resthome Association, Inc. located in Grandview, Texas. This support involves acquiring, owning, developing, leasing, and operating real estate properties, specifically the Resthome Association's facilities situated at 301 West Criner Street. The Foundation's activities are guided by its mission to contribute to the Grandview Resthome Association's objectives, which are aimed at benefiting the community under Section 501(c)(3) of the Internal Revenue Code.

Is Grandview Resthome Real Estate Foundation legitimate?

Grandview Resthome Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grandview Resthome Real Estate Foundation 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 Grandview Resthome Real Estate Foundation?

The Grandview Resthome Real Estate Foundation is established with the primary objective of supporting the Grandview Resthome Association's purposes. It is organized to procure, manage, and maintain property, specifically the facilities at 301 West Criner Street in Grandview, Texas. The foundation operates with the sole intention of benefiting and serving the Grandview Resthome Association, Inc., a nonprofit organization exempt under Section 501(c)(3) of the Internal Revenue Code. The foundation's role is crucial in providing the necessary resources for the Grandview Resthome Association to carry out its intended activities.

Who is the CEO of Grandview Resthome Real Estate Foundation?

Buddy Fry is the President of Grandview Resthome Real Estate Foundation.

What is the revenue of Grandview Resthome Real Estate Foundation?

Grandview Resthome Real Estate Foundation's revenue in 2022 was $123,494.

Who are the executives of Grandview Resthome Real Estate Foundation and what are their salaries?


Here are 3 key members and their salaries:


Buddy Fry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Basham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Quisenberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grandview Resthome Real Estate Foundation?

Grandview Resthome Real Estate Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grandview Resthome Real Estate Foundation

The Grandview Resthome Real Estate Foundation is established with a mission to support the Grandview Resthome Association, a nonprofit organization. This Foundation is organized and operated with the primary objective of benefiting and aiding the Grandview Resthome Association in carrying out its purposes. It achieves this by acquiring, owning, developing, leasing, operating, and holding real and personal property. This property, specifically, refers to the facilities located at 301 West Criner Street in Grandview, Texas. The Foundation's role is instrumental in enabling the Grandview Resthome Association to fulfill its objectives effectively.

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Impact




October, 2024

Grandview Resthome Real Estate Foundation plays a pivotal role in supporting the operations of the Grandview Resthome Association by managing and developing the real estate and facilities necessary to fulfill its mission. By acquiring, owning, and leasing property at 301 West Criner Street, the Foundation ensures that the Resthome Association can provide essential housing and care services to the community.

The Foundation's efforts focus on maintaining and enhancing the living environment and operational efficacy of the Resthome Association's facilities. This directly impacts the quality of life for residents, facilitating a nurturing space for them to thrive. By aligning the development and management of these properties with the needs of the community in Grandview, the Foundation fosters a legacy of care, support, and community engagement, ultimately enhancing the well-being of its residents and contributing to the broader goals of the Grandview Resthome Association.




This information is meant to be a general summary of Grandview Resthome Real Estate Foundation. 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
$123,494 (2022)
Expenses
$130,300 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $123,494
  • Gross Receipts: $123,494

Assets and Liabilities:

  • Total Assets: $1,108,970
  • Total Liabilities: $0
  • Net Assets: $1,108,970

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Programs

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

Buildings

Revenue

$123,494

Organization Details

Founding Year

2020

Principal Officer

Buddy Fry

Main Address

P O Box 670, Grandview, TX, 76050

NTEE Category

Code: L22 - Housing

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