Overview
What is Properties Trust?
Properties Trust is a Tennessee-based charitable trust, established in June 2020, with a purpose of supporting the activities, objectives, and mission of Middle Tennessee Council, Inc., Boy Scouts of America. This nonprofit organization, exempt from federal income taxation under Section 501(C)(3) of the Code, has been operational for nearly 90 years. The Properties Trust serves as a Type I Supporting Organization under Section 509(A)(3)(B)(I) of the Code, specifically with respect to Middle Tennessee Council, Inc., Boy Scouts of America. Its primary role is to provide financial support to this well-established nonprofit organization.
Official website here: www.mtcbsa.org
Is Properties Trust legitimate?
Properties Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Properties Trust 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: $51,059
For more financial information, click here
Official website here: www.mtcbsa.org
What is the mission statement of Properties Trust?
Properties Trust, established under an agreement dated June 12, 2020, serves as a supporting organization for the Middle Tennessee Council, Inc., Boy Scouts of America. Its primary purpose is to contribute to the activities, goals, and mission of this nonprofit organization, which has been exempt from federal income taxation under Section 501(C)(3) of the Code for nearly 90 years. As a Type I supporting organization, Properties Trust aims to assist and strengthen the work of the Middle Tennessee Council, Inc., contributing to its overall objectives and mission. The specific role of Properties Trust is to provide financial support and resources to aid in the council's operations and programs.
Official website here: www.mtcbsa.org
Who is the CEO of Properties Trust?
Clay Bright is the Chair And Trustee of Properties Trust.
Official website here: www.mtcbsa.org
What is the revenue of Properties Trust?
Properties Trust's revenue in 2022 was $184,745.
Official website here: www.mtcbsa.org
Who are the executives of Properties Trust and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.mtcbsa.org
Where can I find the form 990 for Properties Trust?
Properties Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtcbsa.org
Learn more at the official website: www.mtcbsa.org
Mission Statement of Properties Trust
Properties Trust, established as a charitable trust, is dedicated to supporting the activities, purposes, and mission of Middle Tennessee Council, Inc., Boy Scouts of America. This Tennessee-based nonprofit organization, which has been in operation for nearly nine decades, falls under the category of a Type I supporting organization. Properties Trust's primary role is to contribute financially and resourcefully to the Boy Scouts of America, enhancing their capacity to carry out their mission and achieve their goals. The trust aims to contribute to the Boy Scouts' operations and initiatives, helping to further their mission of fostering positive youth development and promoting community engagement.
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Impact
October, 2024
Properties Trust plays a pivotal role in enhancing the mission and activities of the Middle Tennessee Council, Inc., Boy Scouts of America (MTC). By functioning as a Type I supporting organization, it provides essential support that amplifies MTC's ability to deliver its programs and services effectively. This collaboration helps ensure that vital scouting initiatives—focused on youth development, community engagement, and leadership training—continue to thrive.
Located in Nashville, Tennessee, Properties Trust not only supports MTC’s longstanding heritage of nearly 90 years but also actively contributes to community improvement. Its existence enables MTC to engage more deeply with local communities, fostering an environment where young people can develop important life skills through scouting. This impact extends beyond the immediate beneficiaries, guiding families and communities towards greater collaboration and support for youth empowerment initiatives.
Overall, Properties Trust enhances the capacity of MTC, ensuring that it can sustain and expand its impact across Middle Tennessee, ultimately leading to beneficial outcomes for countless young individuals and their communities.
This information is meant to be a general summary of Properties Trust. 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: $184,745
Assets and Liabilities:
- Total Assets: $18,602,070
- Total Liabilities: $0
- Net Assets: $18,602,070
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Organization Details
Founding Year
2020
Phone
(615) 850-8914Principal Officer
Clay Bright
Main Address
3414 HILLSBORO PIKE, NASHVILLE, TN, 37215
Website
www.mtcbsa.orgNTEE Category
Code: S47 - Community improvement
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