Overview
What is High Limit Production Foundation Inc?
High Limit Production Foundation Inc is a nonprofit organization, headquartered in Paris, Missouri. Its primary purpose is to distribute funds and resources to qualified charitable organizations or individuals, serving primarily the Central Missouri area. The foundation accepts property for charitable purposes and manages donations for these organizations. Their mission encompasses a wide array of charitable goals, such as education, religion, science, literature, public welfare, and other causes permitted by the Internal Revenue Code. By doing so, the High Limit Production Foundation Inc aims to contribute positively to the community and support various charitable initiatives in the Central Missouri area.
Is High Limit Production Foundation Inc legitimate?
High Limit Production Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. High Limit Production Foundation 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
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What is the mission statement of High Limit Production Foundation Inc?
The High Limit Production Foundation Inc's primary mission is to receive and manage property for charitable purposes, primarily benefiting the people in the Central Missouri area. The organization holds and administers donated property for charitable purposes. It distributes funds to qualified charitable organizations or individuals, as per the terms of gifts, bequests, or devises, ensuring consistency with its established objectives. The foundation's definition of charitable purposes includes educational, religious, scientific, literary, public, and various other purposes permitted by organizations described in Section 170(C)(1) and 170(C)(2)(B) of the Internal Revenue Code of 1954. The term "qualified charitable organization" refers to an organization that meets the criteria set forth in the foundation's articles of incorporation or as determined by the board of directors.
Who is the CEO of High Limit Production Foundation Inc?
Chad Richardson is the Treasurer of High Limit Production Foundation Inc.
What is the revenue of High Limit Production Foundation Inc?
High Limit Production Foundation Inc's revenue in 2022 was $119,885.
Who are the executives of High Limit Production Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for High Limit Production Foundation Inc?
High Limit Production Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of High Limit Production Foundation Inc
High Limit Production Foundation Inc, a charitable organization, is dedicated to serving the Central Missouri area primarily. Its mission is multifaceted, encompassing three key aspects. Firstly, the foundation accepts and manages property exclusively for charitable purposes, mainly benefitting the people of the Central Missouri area. Secondly, it holds and administers property donated to the corporation for charitable purposes. Lastly, it distributes funds to qualified charitable organizations or individuals, in accordance with the terms of gifts, bequests, or devises, as long as they align with the foundation's charitable purposes and are not inconsistent with its articles of incorporation. The foundation defines charitable purposes as educational, religious, scientific, literary, public, and other purposes permitted by organizations described in Section 170(C)(1) and 170(C)(2)(B) of the Internal Revenue Code of 1954, as amended. In this context, a qualified charitable organization refers to an organization that meets these criteria.
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Impact
October, 2024
High Limit Production Foundation Inc plays a significant role in enhancing the quality of life for people in the Central Missouri area by focusing on charitable purposes that benefit the community. By receiving and administering property for charitable endeavors, the organization effectively channels resources into meaningful projects that address various community needs.
Through its commitment to hold and distribute property for charitable purposes, High Limit Production Foundation Inc supports a diverse range of initiatives, including educational, religious, scientific, and literary activities. This broad scope allows for collaboration with a variety of qualified charitable organizations and individuals, ensuring that the benefits of their efforts reach those who are most in need.
The impact of this organization extends beyond mere financial support. By actively engaging in community improvement projects and distributing resources according to specified charitable goals, they foster a supportive environment for growth and development within the Central Missouri area. This foundational work not only uplifts individual lives but also strengthens communal ties, promoting a Culture of charity and collective responsibility.
This information is meant to be a general summary of High Limit Production 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: $119,885
Assets and Liabilities:
- Total Assets: $6,996
- Total Liabilities: $0
- Net Assets: $6,996
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Organization Details
Founding Year
2020
Phone
(573) 473-0755Principal Officer
Chad Richardson
Main Address
PO BOX 121, PARIS, MO, 65275
NTEE Category
Code: S01 - Community improvement
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