Overview
What is Gainey Ranch Town Properties Inc?
Gainey Ranch Town Properties Inc serves as a title holding corporation, adhering to the Internal Revenue Code Section 501(C)(25). Their primary role is to maintain title to real estate properties on behalf of the Public Employees' Retirement System of Nevada. By operating in Dallas, Texas, the organization accumulates and oversees various real estate assets, ensuring their proper management and maintenance.
Is Gainey Ranch Town Properties Inc legitimate?
Gainey Ranch Town Properties Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Gainey Ranch Town 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.
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What is the mission statement of Gainey Ranch Town Properties Inc?
Gainey Ranch Town Properties Inc serves as a title holding corporation, adhering to the IRC Section 501(C)(25) guidelines. Their primary mission is to manage and hold title to real property on behalf of the Public Employees' Retirement System of Nevada. The organization's activities primarily involve collecting and overseeing real estate assets, with a focus located in Dallas, Texas.
What is the revenue of Gainey Ranch Town Properties Inc?
Gainey Ranch Town Properties Inc's revenue in 2023 was $106,927.
Who are the executives of Gainey Ranch Town Properties Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Gainey Ranch Town Properties Inc?
Gainey Ranch Town Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gainey Ranch Town Properties Inc
Gainey Ranch Town Properties, as a title holding corporation, is dedicated to fulfilling its mission under IRC Section 501(C)(25). This mission involves holding title to real property on behalf of the Public Employees' Retirement System of Nevada. In essence, the organization serves as a custodian for real estate assets, managing them meticulously to benefit the retirement system. By collecting and managing these properties, Gainey Ranch Town Properties contributes to the financial security of Nevada's public employees, ensuring a stable future for them after their retirement years.
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Impact
October, 2024
Gainey Ranch Town Properties Inc significantly impacts the real estate landscape by serving as a title holding corporation dedicated to managing and holding title to real property on behalf of the Public Employees' Retirement System of Nevada. Through its operations in Dallas, TX, the organization plays a crucial role in optimizing the value of real estate assets, ensuring stability and growth for the retirement system.
By focusing on the effective collection and management of these assets, Gainey Ranch Town Properties contributes to local community improvement efforts, potentially enhancing the economic environment in Dallas. Their actions help ensure that public employees have a secure and well-managed investment in their retirement, ultimately benefiting the broader community through the responsible stewardship of real estate.
This information is meant to be a general summary of Gainey Ranch Town Properties 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.
- Investment Income: $119
- Gross Receipts: $182,721
Assets and Liabilities:
- Total Assets: $185,068
- Total Liabilities: $210,120
- Net Assets: -$25,052
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Organization Details
Founding Year
1999
Principal Officer
Lee Phegley
NTEE Category
Code: S47 - Community improvement
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