Xbm Holdings Inc
- Assets
- $72.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irmo, SC
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 81-1184117
Organization Overview
Xbm Holdings Inc is located in Irmo, SC. The organization was established in 2016. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xbm Holdings Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, Xbm Holdings Inc generated $30.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $35.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THIS ORGANIZATION IS TO HOLD AND MANAGE ASSETS FOR XAVIER BAEZ MINISTRIES, INC IT CURRENTLY HOLDS THE RENTAL PROPERITIES AND THAT INCOME IS USED FOR MISSIONS. EXCLUSIVE FOR HOLDING TOTLE TO THE PROPERTY TO COLLECT THEREOF AND TURNING THE ENTIRE AMOUNT THEREOF, LESS EXPENSIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xavier Baez President | 0 | $0 | |
Maria Baez VP Secretary | 0 | $0 | |
Desiree Cintiron Treasurer | 0 | $0 | |
Samuel Robinson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $30,457 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,457 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,630 |
| Total expenses | $35,630 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,724 |
| Other assets | $0 |
| Total assets | $72,594 |
| Total liabilities | $42,817 |
| Net assets or fund balances | $29,777 |