Nonprofit · EIN 59-1260233
REGIONAL PROPERTIES INC
Tax-exempt · MIAMI, FL 33173
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,257,717 | $3,304,647 | $953,070 | $61,461,585 | $20,282,969 | $41,178,616 |
| June 30, 2024 | 990 | $3,027,025 | $2,981,463 | $45,562 | $52,014,084 | $11,261,561 | $40,752,523 |
| June 30, 2023 | 990 | $3,626,816 | $2,862,223 | $764,593 | $45,986,176 | $7,686,247 | $38,299,929 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,152,837
- Investment income
- $1,104,880
- Net gain from sales of assets
- $1,104,880
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $48,669
- Occupancy
- $626,352
- Depreciation
- $2,225,907
- Program services (functional)
- $2,908,091
- Management and general (functional)
- $396,556
Balance sheet and other
- Total assets, start of year
- $52,014,084
- Total assets, end of year
- $61,461,585
- Total liabilities, end of year
- $20,282,969
- Net assets, end of year
- $41,178,616
- Land, buildings and equipment
- $61,461,585
- Net assets without donor restrictions
- $41,178,616
- Gross receipts
- $6,252,283
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1965
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ZACHARY WRAY | AUTHORIZED AGENT Officer | 1 | $0 | $450,000 | $33,620 |
| JAMESON DORMANN | AUTHORIZED AGENT Officer | 1 | $0 | $296,171 | $23,022 |
| ARNIE PANIAGUA | AUTHORIZED AGENT Officer | 1 | $0 | $258,634 | $3,262 |
| PAULINE A YOUNG EDD | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RUSSELL ARMOUR | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ZACHARY WRAY | AUTHORIZED AGENT Officer | 1 | $0 | $411,210 | $29,126 |
| JAMESON DORMANN | AUTHORIZED AGENT Officer | 1 | $0 | $265,036 | $18,433 |
| RUSSEL ARMOUR | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT H MORING CLU CFP | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAULINE A YOUNG EDD | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ZACHARY WRAY | AUTHORIZED AGENT Officer | 1 | $0 | $373,309 | $21,579 |
| JOHN KELLEHER CPA | AUTHORIZED AGENT Officer | 1 | $0 | $262,659 | $33,530 |
| RUSSELL ARMOUR | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT H MORING CLU CFP | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAULINE A YOUNG EDD | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9040 SUNSET DRIVE, MIAMI, FL 33173-3432
- Principal officer (990 for 2024)
- RUSSELL ARMOUR, 9040 SUNSET DRIVE, MIAMI, FL 33173
- Signed the 990
- RUSSELL ARMOUR, PRESIDENT
- Phone
- (305) 596-9040
- Website
- WWW.SUNRISEGROUP.ORG
- Return prepared by
- FORVIS MAZARS LLP
Mission
THE ORGANIZATION HOLDS TITLE TO REAL ESTATE AND LEASES TO RELATED TAX-EXEMPT ORGANIZATIONS IN SUPPORT OF THEIR MISSION TO PROVIDE HOUSING, SUPERVISION, TRAINING AND THERAPEUTIC, MEDICAL, EDUCATIONAL AND OTHER RELATED SERVICES TO DEVELOPMENTALLY DISABLED INDIVIDUALS.
Program accomplishments
- 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.Expenses $2,908,091 · revenue $3,152,837
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1260233
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1969
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S470)
- Assets (IRS master file)
- $61,461,585
- Income (IRS master file)
- $6,252,283
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,257,717 | $3,304,647 | $61,461,585 | XML |
| 990 | June 2024 | $3,027,025 | $2,981,463 | $52,014,084 | XML |
| 990 | June 2023 | $3,626,816 | $2,862,223 | $45,986,176 | XML |
| 990 | June 2022 | $5,019,456 | $2,906,615 | $42,950,454 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1260233).
Questions about REGIONAL PROPERTIES INC
- What is the EIN of REGIONAL PROPERTIES INC?
- The employer identification number (EIN) of REGIONAL PROPERTIES INC is 59-1260233.
- Is REGIONAL PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to REGIONAL PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REGIONAL PROPERTIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REGIONAL PROPERTIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REGIONAL PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of REGIONAL PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names RUSSELL ARMOUR.
- Who are the officers and directors of REGIONAL PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does REGIONAL PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,257,717, expenses of $3,304,647 and total assets of $61,461,585 at year end.
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All nonprofits in MIAMI · Florida · Community improvement and capacity building