Overview
What is Hrdc Griffin Place Holding Corporation?
Hrdc Griffin Place Holding Corporation is a nonprofit entity established to support the charitable mission of Human Resource Development Council of District IX, Inc. (HRDC), a Montana-based organization dedicated to community development and human services. The corporation primarily aims to fund and manage a development project on Griffin Drive in Bozeman, MT, separating its real estate activities and liabilities from HRDC's overall charitable activities. To accomplish this, Hrdc Griffin Place Holding Corporation has secured funding through various means, including closing on a New Market Tax Credits financing package, which supports HRDC's programming and ongoing construction at the site. The corporation's primary objective is to further HRDC's mission and objectives, benefiting the overall community by providing resources and services.
Is Hrdc Griffin Place Holding Corporation legitimate?
Hrdc Griffin Place Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hrdc Griffin Place Holding Corporation 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 Hrdc Griffin Place Holding Corporation?
The Hrdc Griffin Place Holding Corporation exists to support the charitable mission of the Human Resource Development Council of District IX, Inc. (HRDC), a nonprofit organization under Section 501(C)(3) and Section 509(A)(1) of the Internal Revenue Code. Its primary function is to isolate certain real estate activities and liabilities from HRDC's overall charitable activities and assets. Additionally, it aims to separate certain financing and fundraising considerations from HRDC's general operations as a community development and human services nonprofit. The corporation operates exclusively for the benefit of HRDC, contributing to its goals of community development and human services.
Who is the CEO of Hrdc Griffin Place Holding Corporation?
Heather Grenier is the President of Hrdc Griffin Place Holding Corporation.
What is the revenue of Hrdc Griffin Place Holding Corporation?
Hrdc Griffin Place Holding Corporation's revenue in 2022 was $0.
Who are the executives of Hrdc Griffin Place Holding Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $113,601
- Other: $8,285
- Compensation: $0
- Related: $86,994
- Other: $15,005
- Compensation: $0
- Related: $101,178
- Other: $7,402
Where can I find the form 990 for Hrdc Griffin Place Holding Corporation?
Hrdc Griffin Place Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hrdc Griffin Place Holding Corporation
Hrdc Griffin Place Holding Corporation is established with a specific mission to support Human Resource Development Council of District IX, Inc. (HRDC), a nonprofit organization dedicated to community development and human services. The primary purpose of Hrdc Griffin Place Holding Corporation is to separate certain real estate activities and liabilities from HRDC's overall charitable activities and assets. This separation aims to protect HRDC's primary mission while allowing Hrdc Griffin Place Holding Corporation to manage specific real estate-related responsibilities.
Beyond this, Hrdc Griffin Place Holding Corporation also aims to separate certain financing and fundraising considerations from HRDC's general operations. By doing so, it allows HRDC to focus on its primary charitable mission without being overly influenced or burdened by financial or funding concerns that may arise specifically from Hrdc Griffin Place Holding Corporation's activities. This separation ensures that HRDC can maintain its status as a community development and human services nonprofit, while Hrdc Griffin Place Holding Corporation can manage its responsibilities effectively without compromising HRDC's broader mission.
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Impact
October, 2024
Hrdc Griffin Place Holding Corporation has a significant impact on community development and human services in Bozeman, Montana. Its primary purpose is to advance the overall charitable mission of the Human Resource Development Council (HRDC) by focusing on projects specifically located on Griffin Drive. Through effective fundraising endeavors, including securing a New Market Tax Credits financing package, the corporation supports developmental initiatives that align with HRDC's programming.
The ongoing construction facilitated by Griffin Place not only enhances the available resources for community services but also separates certain real estate activities and liabilities from HRDC's broader initiatives. This strategic separation allows for targeted funding and fundraising efforts, ensuring that the community development projects receive the necessary support without affecting HRDC’s overall operations. Ultimately, the activities of Hrdc Griffin Place Holding Corporation contribute to the growth and enrichment of local services, fostering a stronger and more resilient community.
This information is meant to be a general summary of Hrdc Griffin Place Holding Corporation. 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.
Assets and Liabilities:
- Total Assets: $16,190,064
- Total Liabilities: $15,636,672
- Net Assets: $553,392
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Organization Details
Founding Year
2022
Phone
(406) 585-4896Principal Officer
Heather Grenier
Main Address
32 S TRACY AVE, BOZEMAN, MT, 59715
NTEE Category
Code: S11 - Community improvement
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