nonprofit logo

Regional Properties Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591260233 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Regional Properties Inc?

Regional Properties Inc is a nonprofit organization situated in Miami, Florida, with an address at 9040 Sunset Drive. The primary purpose of this organization is to support the mission of related, tax-exempt organizations that cater to the needs of developmentally disabled individuals. By holding title to property, Regional Properties Inc leases facilities to these organizations, enabling them to provide essential services such as housing, supervision, training, therapy, medical care, education, and various other related support systems. These services are vital in enhancing the lives and wellbeing of individuals with developmental disabilities.


Official website here: www.sunrisegroup.org

Is Regional Properties Inc legitimate?

Regional Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Properties Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sunrisegroup.org

What is the mission statement of Regional Properties Inc?

Regional Properties Inc's primary role involves holding title to property and leasing it to related tax-exempt organizations. The mission of these leased organizations is to provide housing, supervision, training, therapy, medical services, education, and various other related services to individuals with developmental disabilities. By doing so, Regional Properties Inc indirectly supports the provision of comprehensive care for these individuals, enabling them to lead improved lives. The lessee organizations operate under a shared goal to enhance the well-being and capabilities of individuals with developmental disabilities.


Official website here: www.sunrisegroup.org

Who is the CEO of Regional Properties Inc?

Russell Armour is the Authorized Agent of Regional Properties Inc.


Official website here: www.sunrisegroup.org

What is the revenue of Regional Properties Inc?

Regional Properties Inc's revenue in 2022 was $5,019,456.


Official website here: www.sunrisegroup.org

Who are the executives of Regional Properties Inc and what are their salaries?

Here are 5 key members and their salaries:

    Zachary Wray (Authorized Agent)
  • Compensation: $0
  • Related: $354,817
  • Other: $25,839

    • John Kelleher Cpa (Authorized Agent)
  • Compensation: $0
  • Related: $233,121
  • Other: $32,530

    • Russell Armour (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert H Moring Clu Cfp (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pauline A Young Edd (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sunrisegroup.org

    Where can I find the form 990 for Regional Properties Inc?

    The Regional Properties Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sunrisegroup.org

    Learn more at the official website: www.sunrisegroup.org

    Mission Statement of Regional Properties Inc

    Regional Properties Inc, as a supporting entity, holds title to property and leases it to related tax-exempt organizations. The primary mission of this organization is to aid these tax-exempt organizations in their mission to provide essential services for developmentally disabled individuals. These services encompass housing, supervision, training, therapy, medical care, education, and various other related services. By leasing facilities to these organizations, Regional Properties Inc plays a vital role in enabling them to fulfill their mission and improve the lives of those who require their assistance. The lessor and its lessees are commonly controlled, related tax-exempt organizations, working together to support the well-being of developmentally disabled individuals.

    Impact

    This information is meant to be a general summary of Regional Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Regional Properties Inc's impact is significant in providing essential support and infrastructure for organizations dedicated to serving developmentally disabled individuals. By holding title to real estate and leasing it to related tax-exempt organizations, Regional Properties Inc plays a crucial role in enabling these organizations to fulfill their mission of providing housing, supervision, training, therapy, medical services, education, and other necessary services to the community. Through this partnership, Regional Properties Inc directly contributes to improving the quality of life and support available to developmentally disabled individuals in Miami, Florida, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,127,341
  • Program Service Revenue: $2,892,115
  • Gross Receipts: $5,397,559

    • Assets and Liabilities:
  • Total Assets: $42,950,454
  • Total Liabilities: $9,220,972
  • Net Assets: $33,729,482
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT FROM TAX-EXEMPT AFFILIATES

    Revenue

    $2,892,115

    Organization Details

    Founding Year

    1965

    Principal Officer

    Russell Armour

    Main Address

    9040 SUNSET DRIVE, MIAMI, FL, 33173

    NTEE Category

    Code: S470 - Community improvement

    If you are a representative of Regional Properties Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.