Fiscal year ending 2023. Filed on May 14, 2024.
6710 Stewart Road 300
Galveston, Texas 77551
St Marys Capital Development Fund Inc (EIN: 26-0609522) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, St Marys Capital Development Fund Inc, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $0.
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The purpose of St. Mary's Capital Development Fund, Inc. will be to benefit St. Mary's of the Miraculous Medal through charitable contributions to assist in building a new church and funding future church related activities. This will be accomplished by utilizing the non-profit to develop the 5 acre area known as "The Cloister or The Vineyard". The non-profit will pay the Parish the appraised value for the land, and develop a residential subdivision with all of the profits gifted to assist in building the new church and fund future church activities. We will obtain an initial private individual contribution of $100,000.00 that will fund the development. The improvements will consist of single family assisted/independent living facilities (55 years of age and up residents).
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