In His Hands Holdings Inc

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

EIN: 861296949 ✦ Lauderhill, FL ✦ Designated as a 501(c)(2)

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Overview

What is In His Hands Holdings Inc?

In His Hands Holdings Inc is a nonprofit organization situated in Lauderhill, Florida. Its primary role involves holding title to property and gathering income. This income is then forwarded to a tax-exempt organization, as per the Internal Revenue Code Section 501c2. In the process, In His Hands Holdings is able to claim tax deductions for its expenses. This organization's purpose is to contribute financially to a specific exempt entity, thus playing a supporting role in their mission.

Is In His Hands Holdings Inc legitimate?

In His Hands Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. In His Hands Holdings Inc submitted a form 990EZ, 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.

What is the mission statement of In His Hands Holdings Inc?

In His Hands Holdings Inc serves as a facilitator, holding property titles and collecting income. This income is then transferred to a tax-exempt organization under IRC 501c2, while deducting related expenses. The organization's primary role is to support the activities of this exempt entity, without disclosing specific details about its mission or purposes.

Who is the CEO of In His Hands Holdings Inc?

David Smith is the President of In His Hands Holdings Inc.

What is the revenue of In His Hands Holdings Inc?

In His Hands Holdings Inc's revenue in 2022 was $0.

Who are the executives of In His Hands Holdings Inc and what are their salaries?


Here are 3 key members and their salaries:


David Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Newton Fairweather (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Mason (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for In His Hands Holdings Inc?

In His Hands Holdings Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of In His Hands Holdings Inc

In His Hands Holdings Inc, as a mission-driven organization, holds the title to various properties and collects income. This income is then transferred to an exempt organization under the Internal Revenue Code Section 501c2, while simultaneously deducting any related expenses. By doing so, In His Hands Holdings Inc plays a crucial role in supporting a charitable cause, without directly engaging in the activities of the beneficiary organization. This structure allows In His Hands Holdings Inc to contribute to the broader community, while also enjoying tax benefits for its own expenses.

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Impact




October, 2024

In His Hands Holdings Inc has a significant impact on community improvement through its financial operations. By holding title to property and managing income generation, the organization facilitates essential funding for its partnered exempt organization under IRC 501(c)(2). This income collection allows for a continuous flow of resources that can support various community initiatives.

Located in Lauderhill, FL, the entity plays a crucial role in enhancing the local infrastructure and services by ensuring that revenue is efficiently collected and directed towards beneficial projects after deducting necessary expenses. The focus on property management and income redistribution showcases a commitment to sustaining and uplifting the community, enabling the realization of projects that uplift the quality of life for residents. Overall, In His Hands Holdings Inc acts as a vital financial intermediary that fosters growth and development within the Lauderhill area.




This information is meant to be a general summary of In His Hands Holdings 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
$0 (2022)
Expenses
$270 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $349,730
    • Total Liabilities: $350,000
    • Net Assets: -$270

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    Organization Details

    Principal Officer

    David Smith

    Main Address

    7860 W Commerical Blvd 20061, Lauderhill, FL, 33351

    NTEE Category

    Code: S47 - Community improvement

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