Knott County Real Properties Inc

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

EIN: 853510296 ✦ Hindman, KY ✦ Designated as a 501(c)(3)

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Overview

What is Knott County Real Properties Inc?

Knott County Real Properties Inc is a small-scale nonprofit organization situated in Hindman, Kentucky. Its primary mission is to manage real estate properties with the best interests of LKLP Community Action Council, Inc. in mind. Established specifically for this purpose, the organization has dedicated its activities to ensuring the successful management of these properties. With a modest workforce of one employee, Knott County Real Properties Inc plays an essential role in supporting the overall objectives of LKLP Community Action Council, Inc. by managing their real estate holdings effectively.

Is Knott County Real Properties Inc legitimate?

Knott County Real Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knott County Real Properties 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 Knott County Real Properties Inc?

Knott County Real Properties Inc was established with the primary purpose of managing real estate properties for the benefit of LKLP Community Action Council, Inc. The organization's mission is to uphold and serve the best interests of LKLP Community Action Council, Inc., in relation to real estate properties. Its main achievement lies in holding real property and ensuring it serves the interests of LKLP Community Action Council, Inc. effectively.

Who is the CEO of Knott County Real Properties Inc?

Ricky L Baker is the President of Knott County Real Properties Inc.

What is the revenue of Knott County Real Properties Inc?

Knott County Real Properties Inc's revenue in 2022 was $334,338.

Who are the executives of Knott County Real Properties Inc and what are their salaries?

There is 1 employee at Knott County Real Properties Inc.


Here are 4 key members and their salaries:


Ricky Baker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corbett Mullins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Nixon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Knott County Real Properties Inc?

Knott County Real Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Knott County Real Properties Inc

Knott County Real Properties Inc, established with the primary goal of managing real property, is committed to upholding and serving the best interests of LKLP Community Action Council, Inc. This nonprofit organization's mission is to effectively manage real estate holdings, ensuring they align with and benefit the mission of LKLP CAC, Inc. By doing so, Knott County Real Properties Inc plays a crucial role in supporting the overall objectives and goals of its parent organization.

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Impact




October, 2024

Knott County Real Properties Inc plays a significant role in managing and utilizing real estate assets to support the LKLP Community Action Council, Inc. The organization's primary achievement is the effective stewardship of real property, which enhances the operational capacity and mission fulfillment of LKLP CAC, Inc. By holding and managing these properties, Knott County Real Properties Inc contributes to community improvement initiatives, ensuring that the resources are available for programs that benefit the local population in Hindman, Kentucky.

Through its governance, the organization aims to uphold and advance the interests of LKLP CAC, Inc., fostering a stronger and more engaged community. The impact of their work can be seen in the support provided to various community-focused efforts, designed to uplift and strengthen the resilience of residents in the area. Overall, Knott County Real Properties Inc serves as a vital link in furthering the broader community goals and enhancing the quality of life for those it serves.




This information is meant to be a general summary of Knott County Real Properties 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
$334,338 (2022)
Expenses
$383,390 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $334,338

Assets and Liabilities:

  • Total Assets: $7,294,522
  • Total Liabilities: $6,606,805
  • Net Assets: $687,717

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Organization Details

Founding Year

2020

Principal Officer

Ricky L Baker

Main Address

31 JUSTICE CENTER DRIVE, HINDMAN, KY, 41822

NTEE Category

Code: S50 - Community improvement

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