550 Mccaslin Holding Company

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

EIN: 844310735 ✦ Louisville, CO ✦ Designated as a 501(c)(2)

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Overview

What is 550 Mccaslin Holding Company?

550 Mccaslin Holding Company serves as a dedicated property holding entity for Ascent Community Church, situated at 550 McCaslin in Louisville, Colorado. Its primary objective is to manage and maintain this property on behalf of the church, acting as a property custodian. The company's mission is centered around supporting Ascent Community Church's operations by ensuring the church has a suitable and well-maintained property base.

Is 550 Mccaslin Holding Company legitimate?

550 Mccaslin Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. 550 Mccaslin 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

For more financial information, click here

What is the mission statement of 550 Mccaslin Holding Company?

The mission of 550 Mccaslin Holding Company is centered around its role as a property holding company. It is responsible for managing a property, specifically the one situated at 550 McCaslin in Louisville, CO. This company's mission is to serve this purpose for Ascent Community Church, ensuring the church has a suitable property for its operations. In essence, 550 Mccaslin Holding Company functions as a reliable steward of the church's property interests.

Who is the CEO of 550 Mccaslin Holding Company?

Elizabeth Lillstrom is the Secretary of 550 Mccaslin Holding Company.

What is the revenue of 550 Mccaslin Holding Company?

550 Mccaslin Holding Company's revenue in 2022 was $349,937.

Who are the executives of 550 Mccaslin Holding Company and what are their salaries?

There 3 volunteers at 550 Mccaslin Holding Company.


Here are 3 key members and their salaries:


Elizabeth Lillstrom (Secretary)
  • Compensation: $0
  • Related: $46,872
  • Other: $41,002
James Candy (President)
  • Compensation: $0
  • Related: $4,125
  • Other: $0
Jonah Parker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 550 Mccaslin Holding Company?

550 Mccaslin Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 550 Mccaslin Holding Company

550 McCaslin Holding Company, as a property holding entity, is dedicated to serving Ascent Community Church. Its primary mission is to maintain and manage the property located at 550 McCaslin in Louisville, CO, acting as a supportive foundation for the church's operations. The company's role is to ensure that the church has a secure and functional space, allowing it to carry out its religious activities effectively. By being a property holding company for Ascent Community Church, 550 McCaslin Holding Company plays a crucial role in supporting the church's mission and purpose within its community.

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Impact




October, 2024

550 McCaslin Holding Company plays a significant role in supporting Ascent Community Church by managing and maintaining the property located at 550 McCaslin in Louisville, CO. By holding this property, the organization ensures that the church has a stable and dedicated space to conduct its activities, foster community connections, and provide services to its congregation and the broader community. This operational support contributes to the overall mission of community improvement, as the church can focus on outreach, engagement, and development initiatives that benefit local residents. The presence of a stable property allows for ongoing programs and events that enhance community ties and promote positive growth in Louisville.




This information is meant to be a general summary of 550 Mccaslin 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.

Revenue
$349,937 (2022)
Expenses
$457,743 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $960
  • Program Service Revenue: $348,977
  • Gross Receipts: $349,937

Assets and Liabilities:

  • Total Assets: $7,584,507
  • Total Liabilities: $4,150,067
  • Net Assets: $3,434,440

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Programs

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

Rental income

Revenue

$348,977

Organization Details

Founding Year

2020

Principal Officer

Elizabeth Lillstrom

Main Address

550 S McCaslin Blvd, Louisville, CO, 80027

NTEE Category

Code: S47 - Community improvement

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