PROJECT TRIPLE 7

What they do

PROJECT TRIPLE 7 WAS INCORPORATED AS AN ARKANSAS DOMESTIC NONPROFIT CORPORATION ON MAY 19, 2025, and RECEIVED RECOGNITION of TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) FROM THE INTERNAL REVENUE SERVICE IN JULY 2025. THE ORGANIZATIONS EXEMPT PURPOSE is to PROVIDE AFFORDABLE HOUSING and SUPPORTIVE SERVICES for ADULT MALES and FEMALES TRANSITIONING FROM SUBSTANCE ABUSE TREATMENT, JAILS, and MENTAL HEALTH FACILITIES IN THE STATE of ARKANSAS.THE 2025 TAX YEAR WAS THE ORGANIZATIONS INITIAL FORMATION and STARTUP PERIOD. DURING THE YEAR, THE BOARD of DIRECTORS FOCUSED ON ESTABLISHING THE ORGANIZATIONAL INFRASTRUCTURE NECESSARY to DELIVER PROGRAM SERVICES IN FUTURE YEARS. ACTIVITIES INCLUDED: COMPLETING STATE INCORPORATION; OBTAINING THE EMPLOYER IDENTIFICATION NUMBER; PREPARING and SUBMITTING FORM 1023-EZ; SECURING IRS RECOGNITION of 501(C)(3) TAX-EXEMPT STATUS; RECRUITING and SEATING AN INITIAL THREE-MEMBER BOARD of DIRECTORS; OPENING ORGANIZATIONAL BANKING RELATIONSHIPS;