Overview
What is Tr Lakeline Market Retail Corp?
Tr Lakeline Market Retail Corp was a nonprofit organization that served a unique purpose within the realm of title holding corporations, as indicated by its IRC Section 501(C)(25) classification. Specifically, its mission was to hold title to real property on behalf of the Teachers' Retirement System of the State of Illinois. Though its operational status is currently unavailable, this organization played a crucial role in managing real estate matters for this retirement system.
Is Tr Lakeline Market Retail Corp legitimate?
Tr Lakeline Market Retail Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. Tr Lakeline Market Retail 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Tr Lakeline Market Retail Corp?
Tr Lakeline Market Retail Corp, as a title holding corporation under IRC Section 501(C)(25), traditionally held title to real property on behalf of the Teachers' Retirement System of the State of IL. However, this particular nonprofit organization is no longer active or in operation. Its mission or primary objective, as stated, is not provided in the given data.
Who is the CEO of Tr Lakeline Market Retail Corp?
Lee Phegley is the Director of Tr Lakeline Market Retail Corp.
What is the revenue of Tr Lakeline Market Retail Corp?
Tr Lakeline Market Retail Corp's revenue in 2020 was $1,823,753.
Who are the executives of Tr Lakeline Market Retail Corp and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Tr Lakeline Market Retail Corp?
Tr Lakeline Market Retail Corp's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Tr Lakeline Market Retail Corp
Tr Lakeline Market Retail Corp, as a title holding corporation under IRC Section 501(C)(25), had a unique mission. Its primary role was to hold title to real property on behalf of the Teachers' Retirement System of the State of Illinois. This nonprofit organization served as a crucial intermediary, ensuring the proper management and ownership of real estate assets for the retirement system. However, it is important to note that Tr Lakeline Market Retail Corp is no longer active or in operation.
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Impact
October, 2024
Tr Lakeline Market Retail Corp operated as a title-holding corporation primarily for the benefit of the Teachers' Retirement System of the State of Illinois, allowing for the management of real property. Its impact primarily revolved around facilitating asset management and preservation within the context of supporting educational professionals. By holding title to real estate, it contributed to the financial stability of the retirement system, which in turn supported the livelihoods of teachers and their communities. Although the organization is no longer active, its role in managing community assets underscores the importance of structured support systems for educational professionals and the impact of real estate management on long-term financial health.
This information is meant to be a general summary of Tr Lakeline Market Retail 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: $1,095
- Gross Receipts: $4,540,770
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2013
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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