Overview
What is Wayside Cross Ministries Title Holding Corporation?
Wayside Cross Ministries Title Holding Corporation is a nonprofit organization situated in Aurora, Illinois, with a specific purpose. It serves as a title holder for property, leasing it to Wayside Cross Ministries, an Illinois-based nonprofit corporation. This corporation's primary role is to ensure secure property arrangements for Wayside Cross Ministries, allowing them to carry out their operations effectively. Although the information does not provide details about Wayside Cross Ministries' mission, it is a nonprofit organization as well, likely focusing on its own charitable objectives.
Is Wayside Cross Ministries Title Holding Corporation legitimate?
Wayside Cross Ministries Title Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Wayside Cross Ministries Title 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 Wayside Cross Ministries Title Holding Corporation?
Wayside Cross Ministries Title Holding Corporation is established with a specific purpose. Its mission is primarily focused on property management, specifically holding title to property and leasing it to Wayside Cross Ministries, a nonprofit organization based in Illinois. This corporation does not have a traditional mission statement centered around social services or community development, as its role is primarily to facilitate property-related activities for the associated nonprofit organization.
Who is the CEO of Wayside Cross Ministries Title Holding Corporation?
James M Lukose is the Treasurer of Wayside Cross Ministries Title Holding Corporation.
What is the revenue of Wayside Cross Ministries Title Holding Corporation?
Wayside Cross Ministries Title Holding Corporation's revenue in 2022 was $9,116,724.
Who are the executives of Wayside Cross Ministries Title Holding Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $136,464
- Other: $15,618
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wayside Cross Ministries Title Holding Corporation?
Wayside Cross Ministries Title Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wayside Cross Ministries Title Holding Corporation
Wayside Cross Ministries Title Holding Corporation is an organization that has been established for a specific purpose. Its mission is centered around holding title to property and leasing it to Wayside Cross Ministries, a nonprofit corporation based in Illinois. In simpler terms, this corporation serves as a property management entity for Wayside Cross Ministries. This arrangement allows the latter to focus on its primary mission without the burden of managing its real estate holdings. By holding title to the property, Wayside Cross Ministries Title Holding Corporation ensures the security and maintenance of the properties leased to Wayside Cross Ministries, enabling the organization to carry out its work effectively.
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Impact
October, 2024
Wayside Cross Ministries Title Holding Corporation plays a crucial role in supporting the mission of Wayside Cross Ministries by holding title to property and managing leasing arrangements. This structure allows Wayside Cross Ministries to focus on its core activities, providing essential services and support to individuals in need, particularly within the Aurora, IL community. By owning and leasing property specifically for the ministry's use, the Title Holding Corporation ensures that resources are effectively utilized, thereby enhancing the organization's ability to fulfill its mission. The impact of this arrangement is significant, as it contributes to the stability and sustainability of the ministry's programs, allowing them to serve their community with greater efficacy.
This information is meant to be a general summary of Wayside Cross Ministries Title 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.
- Gross Receipts: $9,116,724
Assets and Liabilities:
- Total Assets: $8,759,157
- Total Liabilities: $1,100,000
- Net Assets: $7,659,157
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Organization Details
Founding Year
2013
Phone
(630) 723-3423Principal Officer
James M Lukose
Main Address
215 EAST NEW YORK STREET, AURORA, IL, 60505
NTEE Category
Code: X99 - Religion related
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