Overview
What is Wbl Family Investments Inc?
Wbl Family Investments Inc., situated in Dallas, Texas, is a nonprofit organization with a distinct mission. Their primary objective was to own real estate, specifically five properties, to support and benefit The Episcopal School of Dallas Inc. (ESD). As of October 13, 2022, Wbl transferred these properties to ESD, fulfilling their purpose. Although the information does not provide details about their activities beyond this, it is evident that Wbl's role was to leverage their real estate holdings to contribute positively to ESD.
Is Wbl Family Investments Inc legitimate?
Wbl Family Investments Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Wbl Family Investments 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 Wbl Family Investments Inc?
Wbl Family Investments Inc's mission was centered around owning real estate to benefit and support The Episcopal School of Dallas Inc. This mission was fulfilled when the company transferred five properties to the school on October 13, 2022. Prior to this, Wbl Family Investments Inc. owned these properties with the intention of supporting the educational institution. The school is currently considering various options for the future use of these properties. The organization's purpose was thus accomplished, leading to its closure.
Who is the CEO of Wbl Family Investments Inc?
Mary Hernandez is the Chair; Hos Esd of Wbl Family Investments Inc.
What is the revenue of Wbl Family Investments Inc?
Wbl Family Investments Inc's revenue in 2023 was -$67,134.
Who are the executives of Wbl Family Investments Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $584,423
- Other: $36,252
- Compensation: $0
- Related: $224,607
- Other: $15,064
- Compensation: $0
- Related: $243,880
- Other: $34,440
Where can I find the form 990 for Wbl Family Investments Inc?
Wbl Family Investments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Wbl Family Investments Inc
Wbl Family Investments Inc, a nonprofit organization, was established with a mission to own real estate with the primary goal of benefitting and supporting The Episcopal School of Dallas, Inc. (ESD). This mission was the driving force behind the organization's acquisition of five properties, which it managed for ESD. The properties served as a means to contribute to ESD's operations and growth. As of October 13, 2022, Wbl transferred ownership of these properties to ESD, fulfilling its purpose. With the completion of this transfer, Wbl Family Investments Inc concluded its operations, having successfully supported ESD through real estate ownership.
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Impact
October, 2024
Wbl Family Investments Inc played a significant role in supporting the Episcopal School of Dallas by owning and managing five residential properties designated for the benefit of the school. This initiative provided valuable real estate resources that contributed to the school's operations and development. By transferring the properties to the Episcopal School of Dallas, Wbl Family Investments fulfilled its mission and ensured that these assets continued to serve the educational community. The closure of the organization marked the successful completion of its purpose, leaving a legacy that enhanced the school's capacity to offer quality education and support to its students. The impact of Wbl Family Investments extended beyond real estate—it contributed to the overall improvement and sustainability of educational resources within the community.
This information is meant to be a general summary of Wbl Family Investments 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 2023.
- Gross Receipts: $37,875
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2001
Phone
(214) 358-4368Principal Officer
Mary Hernandez
Main Address
4100 MERRELL RD, DALLAS, TX, 75129
NTEE Category
Code: S47 - Community improvement
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