Regional Properties Inc

Organization Overview

Regional Properties Inc is located in Miami, FL. The organization was established in 1969. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Properties Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Regional Properties Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO HOLD TITLE TO PROPERTY AND LEASE TO RELATED TAX-EXEMPT ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION LEASES FACILITIES TO RELATED ORGANIZATIONS WHOSE PURPOSE IS TO PROVIDE HOUSING, SUPERVISION, TRAINING, THERAPY, MEDICAL SERVICES, EDUCATION, AND OTHER RELATED SERVICES TO DEVELOPMENTALLY DISABLED INDIVIDUALS. THE LESSOR AND ITS LESSEES ARE COMMONLY CONTROLLED RELATED TAX-EXEMPT ORGANIZATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Overholt Construction Corp
Construction Services
$439,622
Williams Scotsman Inc
Building Services
$168,324
Bob Hilson & Company Inc
Repair Services
$115,940
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,892,115
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,127,341
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,019,456

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