Overview
What is Terralex Inc?
Terralex Inc is a nonprofit organization, specifically a network of high-standard law firms, situated in Miami Lakes, Florida. With a team of 11 employees, Terralex Inc facilitates global and regional meetings for its members, offering educational programs, expert updates, collaboration sessions, and opportunities to strengthen connections. They also produce webinars to showcase member thought leadership and foster new business opportunities. The primary mission of Terralex Inc is to assist its member firms in serving their clients' legal needs and business interests by fostering close relationships within a global network of reputable law firms.
Official website here: www.terralex.org
Is Terralex Inc legitimate?
Terralex Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Terralex 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $796,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $874,792
For more financial information, click here
Official website here: www.terralex.org
What is the mission statement of Terralex Inc?
Terralex Inc's mission is centered around supporting its member firms in meeting their clients' legal needs and business interests. They achieve this by fostering close relationships within a global network of quality law firms that adhere to high professional standards. The organization facilitates this through various means, including organizing meetings, educational sessions, and utilizing electronic communications. These platforms are used to share information on legal developments and applications, thereby enhancing the members' knowledge and service delivery.
In essence, Terralex Inc serves as a platform for its member firms, allowing them to collaborate and stay updated on legal trends, thereby better serving their clients' interests. By maintaining a network of reputable law firms, Terralex Inc upholds professional standards and ensures its members have access to a wealth of knowledge and resources.
Official website here: www.terralex.org
Who is the CEO of Terralex Inc?
Terri Pepper is the Chief Executive Officer of Terralex Inc. The CEO's salary of Terralex Inc is $324,926 and their total compensation is $330,062.
Official website here: www.terralex.org
What is the revenue of Terralex Inc?
Terralex Inc's revenue in 2022 was $3,313,429.
Official website here: www.terralex.org
Who are the executives of Terralex Inc and what are their salaries?
The average compensation at Terralex Inc during 2022 was $151,890. There are 11 employees at Terralex Inc.
Here are 29 key members and their salaries (Terralex Inc's CEO's salary is $324,926 and their total compensation is $330,062):
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- Compensation: $324,926
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- Compensation: $180,000
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- Other: $7,791
Official website here: www.terralex.org
Where can I find the form 990 for Terralex Inc?
Terralex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.terralex.org
Learn more at the official website: www.terralex.org
Mission Statement of Terralex Inc
Terralex Inc, a distinguished organization, is dedicated to assisting its member firms in meeting their clients' legal needs and business interests. To achieve this mission, Terralex fosters close working relationships within a global network of law firms that adhere to high professional standards. This is accomplished through various means, including organizing meetings, delivering educational sessions, and facilitating electronic communications. By sharing information on legal developments and applications, Terralex aids its members in staying updated and providing optimal service to their clients. The organization's primary goal is to establish a strong, worldwide network of quality law firms, which can collaborate and support each other, ultimately benefiting their clients.
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Impact
October, 2024
Terralex Inc significantly enhances the ability of member law firms to address clients' legal needs and business interests through a robust global network. By facilitating close working relationships among quality law firms that adhere to high professional standards, Terralex fosters an environment of collaboration and mutual support.
The organization organizes global and regional meetings that serve as platforms for educational programs and knowledge sharing, allowing members to stay updated on legal developments and best practices. These meetings also include collaboration sessions where members can engage directly with one another, strengthening professional ties and identifying opportunities for joint ventures.
In addition to in-person gatherings, Terralex offers webinars that showcase the expertise of its members, promoting their thought leadership to a broader audience. This not only aids members in connecting with potential clients but also helps generate new business opportunities.
Overall, Terralex Inc plays a crucial role in community improvement by empowering legal professionals, enhancing their capabilities, and ultimately better serving their clients through a well-connected and informed legal network.
This information is meant to be a general summary of Terralex 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 2022.
- Investment Income: $20,094
- Program Service Revenue: $3,292,751
- Gross Receipts: $3,716,564
Assets and Liabilities:
- Total Assets: $2,247,557
- Total Liabilities: $0
- Net Assets: $2,247,557
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$2,439,675
Global Meeting - North
Revenue
$853,076
Organization Details
Founding Year
1990
Phone
(305) 539-0001Principal Officer
Terri Pepper
Main Address
15175 NW 67th Ave 207, Miami Lakes, FL, 33014
Website
www.terralex.orgNTEE Category
Code: S41 - Community improvement
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