Overview
What is Claymoore Northwest Inc?
Claymoore Northwest Inc is a nonprofit organization established with a specific purpose: to function as a title-holding corporation under Internal Revenue Code Section 501(c)(25). Their primary role is to manage and hold title to real property on behalf of the SBC Master Pension Trust. This arrangement allows the trust to benefit from the property's ownership without directly managing it, ensuring the smooth operation of its pension plans.
Is Claymoore Northwest Inc legitimate?
Claymoore Northwest Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Claymoore Northwest 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.
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What is the mission statement of Claymoore Northwest Inc?
Claymoore Northwest Inc, functioning as a title-holding corporation under IRC Section 501(c)(25), is tasked with holding title to real property on behalf of the SBC Master Pension Trust. In simpler terms, the company's role is to manage the ownership of properties, serving as a trustee for the pension fund. This ensures the security and management of real estate assets for the benefit of the pension trust.
Who is the CEO of Claymoore Northwest Inc?
R Lee Phegley is the Director of Claymoore Northwest Inc.
What is the revenue of Claymoore Northwest Inc?
Claymoore Northwest Inc's revenue in 2022 was $4,555,488.
Who are the executives of Claymoore Northwest Inc and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Claymoore Northwest Inc?
Claymoore Northwest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Claymoore Northwest Inc
Claymoore Northwest Inc, as a title-holding corporation, follows the guidelines set by IRC Section 501(c)(25). Its primary mission is to manage and hold title to real property on behalf of the SBC Master Pension Trust. In simple terms, this organization serves as a custodian of property, ensuring that it is owned and maintained in compliance with the specifications of the aforementioned pension trust. The role of Claymoore Northwest Inc is crucial in managing real estate assets within the framework of pension investment strategies, thus contributing to the financial well-being of the pension trust and its beneficiaries.
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Impact
October, 2024
Claymoore Northwest Inc significantly impacts the community by managing and holding title to real property on behalf of the SBC Master Pension Trust. By effectively serving as a title-holding corporation, it ensures the responsible administration of assets that support the financial stability and well-being of pension beneficiaries. This role facilitates the sustainable management of real estate, contributing to community improvement and stability in Dallas, TX. Through its strategic operations, Claymoore Northwest Inc aligns property management with the broader goals of enhancing the quality of life for community members while safeguarding their financial futures.
This information is meant to be a general summary of Claymoore Northwest 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.
- Investment Income: $13,899
- Gross Receipts: $9,995,348
Assets and Liabilities:
- Total Assets: $152,848,195
- Total Liabilities: $48,193,783
- Net Assets: $104,654,412
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Organization Details
Founding Year
2004
Phone
(972) 715-7400Principal Officer
R Lee Phegley
Main Address
2001 ROSS AVE SUITE 3400, DALLAS, TX, 75201
NTEE Category
Code: S47 - Community improvement
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