Overview
What is Regency Cares?
Regency Cares is a compassionate employee crisis fund, dedicated to supporting the financial needs of associates working at properties managed by Regency Hotel Management. Established as a means of assistance during short-term financial difficulties, Regency Cares distributed grants to 14 and 19 employees in 2021 and 2022, respectively, totaling $24,713.70 and $71,282.00. The fund aims to provide a safety net for its associates, ensuring they can weather temporary financial challenges.
Is Regency Cares legitimate?
Regency Cares is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regency Cares submitted a form 990EZ, 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 Regency Cares?
Regency Cares, an employee crisis fund, is designed to aid associates of properties managed by Regency Hotel Management during their temporary financial hardships. The mission of Regency Cares involves providing financial assistance to these individuals in need, as evident from the grants given to 14 employees totaling $24,713.70 in 2021, and to 19 employees for a combined total of $71,282.00 in 2022. This fund serves as a safety net for associates, supporting them during challenging financial periods.
What is the revenue of Regency Cares?
Regency Cares's revenue in 2023 was $105,064.
Who are the executives of Regency Cares and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Regency Cares?
Regency Cares's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Regency Cares
Regency Cares, as an employee crisis fund, is dedicated to assisting the associates of properties managed by Regency Hotel Management during their temporary financial hardships. This nonprofit organization provides financial aid in the form of grants to eligible employees in need. In the year 2021, Regency Cares extended 14 grants totalling $24,713.70 to help their associates overcome their financial challenges. In the subsequent year, 2022, the organization demonstrated its commitment by granting aid to 19 more employees, amounting to a total of $71,282.00. Regency Cares serves as a safety net for its associates, offering them financial support during their times of need, thereby alleviating their short-term financial crises.
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Impact
October, 2024
Regency Cares has made a significant impact by providing crucial financial assistance to employees facing short-term crises. In just two years, the fund has supported 33 associates of Regency Hotel Management properties in Sioux Falls, SD, enabling them to navigate challenging situations. In 2021, the fund awarded $24,713.70 to 14 employees, while in 2022, it increased its support with $71,282.00 disbursed to 19 employees. This assistance not only alleviates immediate financial burdens but also fosters a sense of community and support among associates, demonstrating a commitment to their well-being during difficult times.
This information is meant to be a general summary of Regency Cares. 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: $40
- Gross Receipts: $105,064
Assets and Liabilities:
- Total Assets: $100,461
- Total Liabilities: $0
- Net Assets: $100,461
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Organization Details
Phone
(605) 334-2371Main Address
3211 W Sencore Drive, Sioux Falls, SD, 57107
NTEE Category
Code: P20 - Human services
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