MCA Property Holding Corporation

Introduction

MCA Property Holding Corporation is a 501(c)(2) nonprofit organization headquartered in Anchorage, AK. It serves as a holding company for property owned by another nonprofit entity, primarily focused on community improvement and capacity building.

Mission and Activities

The mission of MCA Property Holding Corporation involves acquiring, holding, and managing property on behalf of Muldoon Community Assembly, Inc. Its primary activities include holding title to property and collecting income from these assets. Any net proceeds are distributed to Muldoon Community Assembly, Inc.[2][3][4].

Nonprofit Classification

As a 501(c)(2) corporation, MCA Property Holding Corporation is specifically designed to hold titles for property owned by other nonprofits. This classification is distinct from the more common 501(c)(3) charities, which are typically involved in direct charitable activities. Instead, 501(c)(2) organizations like MCA Property Holding Corporation act as passive entities, facilitating property management for their parent organizations[3][4].

Exemptions and Reporting

MCA Property Holding Corporation does not engage in direct grant-making activities. In recent years, it has reported no contributions in the form of grants[5]. As a 501(c)(2) organization, it files annual tax returns with the IRS, detailing its financial activities and property holdings.

References

Since specific references to Wikipedia are not directly available, the information provided about MCA Property Holding Corporation is based on public data from Charity Navigator[2], ProPublica's Nonprofit Explorer[3][4], and Instrumentl[5].

[1] https://archive.legmt.gov/bills/mca/title_0150/chapter_0060/part_0020/section_0010/0150-0060-0020-0010.html [2] https://www.charitynavigator.org/ein/272621642 [3] https://projects.propublica.org/nonprofits/organizations/272621642 [4] https://projects.propublica.org/nonprofits/organizations/272621642/202030209349300803/full/ [5] https://www.instrumentl.com/990-report/mca-property-holding-corporation