Overview
What is Regency Managed Properties Benefit Trust?
The Regency Managed Properties Benefit Trust is a charitable organization dedicated to offering health and life benefits to its employees, their families, dependents, and beneficiaries. With around 884 participants, primarily being employees of hotels managed by Hotel and Resort Management, Inc., this trust has been instrumental in providing essential coverage. The trust's mission extends beyond just employees, also including their families and dependents in its scope of beneficiaries.
Is Regency Managed Properties Benefit Trust legitimate?
Regency Managed Properties Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Regency Managed Properties Benefit Trust 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
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What is the mission statement of Regency Managed Properties Benefit Trust?
The Regency Managed Properties Benefit Trust is dedicated to offering health and life benefits to its employees, their families, dependents, and beneficiaries. This trust has provided such benefits to approximately 884 participants, who are primarily employees of hotels managed by Hotel and Resort Management, Inc. By providing these benefits, the trust aims to support and enhance the well-being of its participants, ensuring they have access to essential health services and financial security in the event of unforeseen circumstances.
Who is the CEO of Regency Managed Properties Benefit Trust?
Kyle Scholten is the Trustee of Regency Managed Properties Benefit Trust.
What is the revenue of Regency Managed Properties Benefit Trust?
Regency Managed Properties Benefit Trust's revenue in 2022 was $9,828,890.
Who are the executives of Regency Managed Properties Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Regency Managed Properties Benefit Trust?
Regency Managed Properties Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Regency Managed Properties Benefit Trust
Regency Managed Properties Benefit Trust, as its name suggests, is a organization dedicated to providing health and life benefits to its employees, their families, dependents, and beneficiaries. This trust has a mission to extend these benefits to approximately 884 participants, who are primarily employees of hotels managed by Hotel and Resort Management, Inc. The trust's purpose is to ensure the well-being of these individuals, offering them the necessary support during various stages of their lives. The benefits provided by Regency Managed Properties Benefit Trust are intended to safeguard the health and financial security of its participants, thereby contributing to their overall quality of life.
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Impact
October, 2024
Regency Managed Properties Benefit Trust significantly enhances the well-being of employees associated with hotels managed by us hotel and resort management, inc., by offering essential health and life benefits. Serving approximately 884 participants, the trust ensures that employees, along with their families, dependents, and beneficiaries, have access to necessary resources that support their healthcare needs. This initiative fosters a sense of security and stability among employees, contributing to a more motivated and productive workforce. By emphasizing mutual benefit, the trust not only addresses the immediate health concerns of its participants but also plays a vital role in promoting long-term employee loyalty and satisfaction.
This information is meant to be a general summary of Regency Managed Properties Benefit Trust. 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.
- Program Service Revenue: $9,828,890
- Gross Receipts: $9,828,890
Assets and Liabilities:
- Total Assets: $654,733
- Total Liabilities: $0
- Net Assets: $654,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$6,235,300
PARTICIPANT CONTRIBUTI
Revenue
$3,593,590
Organization Details
Founding Year
1990
Phone
(605) 334-2371Principal Officer
Kyle Scholten
Main Address
3211 W SENCORE DRIVE, SIOUX FALLS, SD, 57107
NTEE Category
Code: Y40 - Mutual benefit
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