500 LINCOLN ROAD INC

Mission

THE CORPORATION IS A TITLE-HOLDING CORPORATION UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE AND IS A WHOLLY-OWNED SUBSIDIARY OF THE MIAMI BEACH COMMUNITY CHURCH, INC. (MBCC), A FLORIDA NOT-FOR-PROFIT CORPORATION. THE CORPORATION WAS FORMED FOR THE EXCLUSIVE PURPOSES OF TAKING TITLE TO THE REAL PROPERTY LOCATED AT 1620 DREXEL AVENUE, MIAMI BEACH, FL 33139, DEVELOPING THE PARCEL, AND COLLECTING AND REMITTING ANY INCOME DERIVED FROM THE DEVELOPED PARCEL TO MBCC.