NonprofitsSouthaven Desoto Investment Inc

Community Improvement & Capacity Building

Southaven Desoto Investment Inc

DALLAS, TX

Total revenue

$3.6M

Total expenses

Net assets

$58.9M

Grants received

EIN

473783757

Tax year

2021

Mission

Southaven desoto investment, inc., is a 501(c)(25) organization. It was organized for the exclusive purpose of acquiring real property, holding title to and collecting income from such property, and remitting the entire amount of the income from such property (less expenses) to the shareholder of this corporation. The sole shareholder of this corporation is the public employees' retirement association of colorado, which is a tax-exempt pension fund that meets the requirements of section 414(d). All distributions were paid to the public employees' retirement association of colorado. This shareholder received the net income of southaven desoto investment, inc.

Financials

FY 2021

Revenue

Contributions & grants
Program service revenue
Investment income$72
Other revenue$3.6M
Total revenue$3.6M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses
Total expenses
Total assets$87.0M
Net assets$58.9M

People

5 listed

NameRoleCompensation

AMY MCGARRITY

SOLE DIRECTOR

Board

2 hrs/wk

STACIE CROWN

PRESIDENT

Board

3 hrs/wk

PETER A BENYO

VICE PRESIDENT

Board

2 hrs/wk

MERRILL CURTIS

VICE PRESIDENT

Board

5 hrs/wk

JENNIFER HANSON

SECRETARY/TREASURER

Board

1 hrs/wk

Independent contractors

L&B REALTY ADVISORS LLP

ASSET MANAGEMENT FEE

$355K

THE LANDCARE GROUP

LAWNCARE

$115K

CBRE INC

PROPERTY MANAGEMENT; LEASING COMMISSION

$115K

Details

EIN473783757
NTEE codeS47
Subsection25
Ruling date2015-12
Formed2015
Employees0
Volunteers0
SOUTHAVEN DESOTO INVESTMENT INC — Mission, Financials & Grants Received | Grantivo