Overview
What is Perimeter Park West Inc C/O Keith Peercy?
Perimeter Park West Inc C/O Keith Peercy is a nonprofit entity based in Frankfort, Kentucky, specifically at 1260 Louisville Road, 40601. Their primary mission is to acquire, maintain, and generate income from real estate properties. This nonprofit organization leases out office space to the Commonwealth of Kentucky, a government agency, and the Kentucky Public Pensions Authority, a component unit of the Commonwealth. The income generated from these properties is then distributed as dividends to a tax-exempt shareholder. The nonprofit's activities revolve around real estate management and investment, contributing to the local property market while also generating financial returns for its tax-exempt shareholder.
Is Perimeter Park West Inc C/O Keith Peercy legitimate?
Perimeter Park West Inc C/O Keith Peercy is a legitimate nonprofit organization registered as a 501(c)(25) entity. Perimeter Park West Inc C/O Keith Peercy 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: $4,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Perimeter Park West Inc C/O Keith Peercy?
Perimeter Park West Inc, in its mission, aims to acquire and hold title to real property, generating income from it. This entity also focuses on distributing dividends to its tax-exempt shareholder. The company leases office space to two significant entities: the Commonwealth of Kentucky, a government agency, and the Kentucky Public Pensions Authority, a component unit of the Commonwealth of Kentucky.
Who is the CEO of Perimeter Park West Inc C/O Keith Peercy?
Keith Peercy is the President of Perimeter Park West Inc C/O Keith Peercy.
What is the revenue of Perimeter Park West Inc C/O Keith Peercy?
Perimeter Park West Inc C/O Keith Peercy's revenue in 2023 was $988,498.
Who are the executives of Perimeter Park West Inc C/O Keith Peercy and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $1,495
- Related: $0
- Other: $0
- Compensation: $1,406
- Related: $0
- Other: $0
- Compensation: $1,628
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $215
- Related: $0
- Other: $0
Where can I find the form 990 for Perimeter Park West Inc C/O Keith Peercy?
Perimeter Park West Inc C/O Keith Peercy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Perimeter Park West Inc C/O Keith Peercy
Perimeter Park West Inc C/O Keith Peercy's primary mission is centered around the acquisition, ownership, and income generation from real property. This organization's primary objective is to acquire various pieces of real estate and maintain ownership of them. Furthermore, Perimeter Park West Inc C/O Keith Peercy aims to collect income derived from these properties. Additionally, the organization is committed to distributing dividends to its tax-exempt shareholder, furthering its financial obligations. The organization's activities primarily revolve around leasing office space to government agencies and other entities, as evidenced by its leasing agreements with the Commonwealth of Kentucky and the Kentucky Public Pensions Authority, two prominent components of the Commonwealth of Kentucky.
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Impact
October, 2024
Perimeter Park West Inc, under the leadership of Keith Peercy, plays a significant role in the development and management of real estate properties in Frankfort, Kentucky. The organization focuses on acquiring and holding titles to real estate, ultimately generating income that supports community improvement.
By leasing office space to key governmental entities like the Commonwealth of Kentucky and the Kentucky Public Pensions Authority, Perimeter Park West Inc not only supports vital public services but also contributes to the municipal economy. This engagement provides essential space for government operations, thereby enhancing the overall efficiency and functionality of public services in the region.
The impact of Perimeter Park West extends beyond just economic considerations; by maintaining and developing properties that serve the community's needs, it fosters a stable environment for public agencies to operate. The income generated allows for reinvestment and the potential for dividends, further supporting local economic health.
Through its mission, the organization contributes to community improvement by ensuring that government agencies have the infrastructure they need to serve the public effectively, enhancing the overall quality of life in Frankfort and the surrounding areas.
This information is meant to be a general summary of Perimeter Park West Inc C/O Keith Peercy. 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: $26,530
- Program Service Revenue: $961,968
- Gross Receipts: $988,498
Assets and Liabilities:
- Total Assets: $6,208,315
- Total Liabilities: $410,852
- Net Assets: $5,797,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$961,968
Organization Details
Founding Year
1998
Phone
(502) 696-8604Principal Officer
Keith Peercy
Main Address
1260 LOUISVILLE ROAD, FRANKFORT, KY, 40601
NTEE Category
Code: S47 - Community improvement
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