Overview
What is Woodfield Regency Inc?
Woodfield Regency Inc is a nonprofit organization, specifically functioning as a title holding corporation under IRC Section 501(C)(25). Its primary role is to manage and hold title to real property on behalf of the Public Employees' Retirement System of Nevada. Although the organization's status is not currently active, this information suggests that it was established to provide a key service related to property management for the retirement system.
Is Woodfield Regency Inc legitimate?
Woodfield Regency Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Woodfield Regency 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.
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What is the mission statement of Woodfield Regency Inc?
Woodfield Regency Inc was established as a title holding corporation, serving under the guidelines of IRC Section 501(C)(25). Its primary role was to hold title to real property on behalf of the Public Employees' Retirement System of Nevada. However, it is currently noted as terminated or no longer active. The organization's mission or activity description was not specified to detail any specific objectives or goals it aimed to achieve during its operational period.
Who is the CEO of Woodfield Regency Inc?
Lee Phegley is the Director of Woodfield Regency Inc.
What is the revenue of Woodfield Regency Inc?
Woodfield Regency Inc's revenue in 2020 was $2,596,493.
Who are the executives of Woodfield Regency Inc 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 Woodfield Regency Inc?
Woodfield Regency Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Woodfield Regency Inc
Woodfield Regency Inc, as a title holding corporation under the Internal Revenue Service Code Section 501(c)(25), held title to real property on behalf of the Public Employees' Retirement System of Nevada. The primary purpose of this nonprofit organization was to manage and safeguard property assets for the retirement system, acting as a trusted intermediary. However, it is important to note that Woodfield Regency Inc is no longer active or in operation. Its mission to support the retirement system in property management has ceased, leaving a void in this specialized area of service. While its impact and contributions cannot be directly measured, its role as a title holding corporation was crucial in ensuring the proper management and protection of real estate assets for the retirement system.
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Impact
October, 2024
Woodfield Regency Inc operated as a title holding corporation, specifically designed to manage real estate on behalf of the Public Employees' Retirement System of Nevada. By holding title to properties, it played a crucial role in asset management for public employees, contributing to their retirement planning and financial security.
Although Woodfield Regency Inc is currently terminated and no longer active, its mission had a significant impact on the community by facilitating the strategic management of real estate assets. This, in turn, supported the financial stability of public employees in Nevada, enhancing their overall quality of life through improved retirement benefits. The efforts of organizations like Woodfield Regency Inc are vital for community improvement as they ensure that valuable public assets are effectively managed to benefit individuals and the community at large.
This information is meant to be a general summary of Woodfield Regency 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 2020.
- Investment Income: $2,726
- Gross Receipts: $4,464,973
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1993
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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