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Nonprofiteer
← STEELHOUSE TITLE HOLDING CORPORATION I

Form 990 for tax year 2024

Filed by STEELHOUSE TITLE HOLDING CORPORATION I.

Totals

Total revenue
$0
Total expenses
$55
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$10,512,967
Total liabilities, end of year
$8,888,480
Net assets or fund balances, end of year
$1,624,487
Program services expenses (Part IX)
$55
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$55

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Functional expenses

Part IX, the statement of functional expenses.

  • 20 · Interest

    total $55 · program services $55

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $3,559,265

  • 14 · Intangible assets

    beginning of year $0 · end of year $417,206

  • 15 · Other assets

    beginning of year $0 · end of year $6,536,496

  • 17 · Accounts payable and accrued expenses

    end of year $8,480

  • 23 · Secured mortgages and notes payable

    end of year $8,880,000

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $1,624,487

Mission and programs · 2024

Mission

HOLD TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT, LESS EXPENSES, TO THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP, INC., A NORTH CAROLINA NON-PROFIT CORPORATION.

Activities or mission (Part I)

THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT, LESS EXPENSES, TO THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP, INC., A NORTH CAROLINA NON-PROFIT CORPORATION.

  • HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT, LESS EXPENSES, TO THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP, INC., A NORTH CAROLINA NON-PROFIT CORPORATION.

    Expenses $55

As filed on the 2024 return.

Listed in Part VII

  • BARRY FRANK

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • ZAC ENGLE

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • ANDREA BUNN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • PHIL BARNHILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KARL ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SAM FUNCHESS

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $145,702
    From this org
    $145,702
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 40 related

  • LISA HAZLETT

    PRESIDENT

    Total calculated
    $97,543
    From this org
    $97,543
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
8 August 2025
IRS schema version
2024v5.2
Source object
202502309349301470

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