Overview
What is Staff Retirement Holdings Inc?
Staff Retirement Holdings Inc is a nonprofit organization primarily focused on managing real estate properties. Their primary role is to collect the income generated from these properties and then transfer the majority of this income, after deducting expenses, to the Yale University Retirement Plan for Staff Employees. This plan is a qualified trust, exempt under IRC Section 401(a), which is designed to provide retirement benefits for Yale University's staff members. The organization's mission is aligned with ensuring the financial well-being of the university's staff by managing its real estate investments effectively.
Is Staff Retirement Holdings Inc legitimate?
Staff Retirement Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Staff Retirement Holdings 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.
Heare 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
What is the mission statement of Staff Retirement Holdings Inc?
Staff Retirement Holdings Inc's primary role is to manage property assets. They collect the income generated from these properties and subsequently transfer the net income, after deducting expenses, to Yale University Retirement Plan for Staff Employees, a qualified trust exempt under IRC Section 401(a). Essentially, their mission is to serve as a financial intermediary, channeling income from property investments towards the retirement plan for Yale University's staff employees. This arrangement ensures that the retirement plan receives a steady income stream to support its objectives.
Who is the CEO of Staff Retirement Holdings Inc?
Unavailable
What is the revenue of Staff Retirement Holdings Inc?
Staff Retirement Holdings Inc's revenue in 2022 was $0.
Who are the executives of Staff Retirement Holdings Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $1,430,489
- Other: $352,396
- Compensation: $0
- Related: $1,704,888
- Other: $55,241
- Compensation: $0
- Related: $550,754
- Other: $86,340
- Compensation: $0
- Related: $529,770
- Other: $49,382
Where can I find the form 990 for Staff Retirement Holdings Inc?
Staff Retirement Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Staff Retirement Holdings Inc
Staff Retirement Holdings Inc, as stated in its mission, is primarily tasked with managing property titles and the income generated from these properties. This organization then proceeds to transfer the total income, after deducting any expenses, to the Yale University Retirement Plan for Staff Employees. This trust, exempt under IRC Section 401(a), is the ultimate recipient of the income collected by Staff Retirement Holdings Inc. In essence, Staff Retirement Holdings Inc serves as a conduit, facilitating the financial contributions to the retirement plan for Yale University's staff employees.
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Impact
October, 2024
Staff Retirement Holdings Inc plays a vital role in supporting the financial stability of the Yale University Retirement Plan for Staff Employees. By holding title to property and collecting income from these assets, the organization effectively contributes to the retirement benefits of university staff. This systematic management of assets ensures that the income generated is directed entirely, minus expenses, to enhance the retirement plan, thereby benefiting employees' long-term financial security.
Located in New Haven, CT, Staff Retirement Holdings Inc's activities contribute to community improvement by fostering a sustainable retirement structure for university staff. Through its operations, the organization helps provide a reliable financial future for employees, which, in turn, promotes community stability and well-being, illustrating the interconnectedness of educational institutions and their broader societal roles.
This information is meant to be a general summary of Staff Retirement Holdings Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $104,592,414
- Total Liabilities: $0
- Net Assets: $104,592,414
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Organization Details
Founding Year
1999
Phone
(203) 432-5530Main Address
C/O Yale U TAX DEPT PO BOX 208239, New Haven, CT, 065208239
NTEE Category
Code: S47 - Community improvement
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