Overview
What is Tr 350 Washington Corp?
Tr 350 Washington Corp serves as a title-holding corporation, operating under Section 501(C)(25). Its primary function is to manage and hold title to real property on behalf of the Teachers' Retirement System of the State of Illinois. This nonprofit organization, though its status may be terminated or inactive as per the provided information, was established to serve this specific purpose.
Is Tr 350 Washington Corp legitimate?
Tr 350 Washington Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Tr 350 Washington Corp 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 Tr 350 Washington Corp?
Tr 350 Washington Corp, as per the provided information, was initially established as a title holding corporation under section 501(C)(25). Its primary function was to hold title to real property on behalf of the Teachers' Retirement System of the State of Illinois. However, the nonprofit organization is currently terminated or no longer active, and hence, it does not have an active mission statement at this time.
Who is the CEO of Tr 350 Washington Corp?
Lee Phegley is the Director of Tr 350 Washington Corp.
What is the revenue of Tr 350 Washington Corp?
Tr 350 Washington Corp's revenue in 2020 was -$5,695,534.
Who are the executives of Tr 350 Washington Corp and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Tr 350 Washington Corp?
Tr 350 Washington Corp's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Tr 350 Washington Corp
Tr 350 Washington Corp, originally established as a nonprofit organization, was assigned the role of a title holding corporation under Section 501(C)(25). Its primary mission was to hold title to real property on behalf of the Teachers' Retirement System of the State of Illinois. In this capacity, the corporation served as a vital intermediary, managing property assets for the retirement system. Unfortunately, Tr 350 Washington Corp is no longer an active nonprofit organization, having terminated its operations. Despite its termination, the corporation's crucial role in managing real estate assets on behalf of the Teachers' Retirement System remains significant in the history of property management within the nonprofit sector.
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Impact
October, 2024
Tr 350 Washington Corp played a significant role in the financial management of real property interests, specifically serving the Teachers' Retirement System of the State of Illinois. By holding title to real estate, it facilitated the investment and stewardship of assets intended to support the retirement benefits of educators. Although it is now inactive, its operations contributed to community improvement through the effective management of property that could support educational initiatives or be leveraged for financial resources. Its presence in Dallas, Texas, highlighted the intersection of real estate ownership and pension fund management, impacting the broader educational community by safeguarding the financial futures of teachers.
This information is meant to be a general summary of Tr 350 Washington Corp. 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 2020.
- Investment Income: -$7,755,411
- Gross Receipts: $137,147,622
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2011
Phone
(972) 715-7400Principal Officer
Lee Phegley
Main Address
2001 ROSS AVENUE SUITE 3400, DALLAS, TX, 75201
NTEE Category
Code: S47 - Community improvement
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