Regency Management INC FY2024 filing

Tax-deductible

Cape Girardeau, MO501(c)(3)Since 1988HousingEIN 43-1505584

Provide services to the handicapped

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.6M a year · 46% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
23 mo
of spending, in cash
Looks good: 23.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$219K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.7M
+10% vs prior year
Spent
$3.5M
To programs
90%
Net assets
$24.0M
By yearFY2021–FY2025
Revenue
$6.7M
FY2024▲ +10%
Revenue by fiscal year
FY2021$4.4M
FY2022$4.6M
FY2023$6.1M
FY2024$6.7M
FY2025$7.0M
Expenses
$3.5M
FY2024▲ +11%
Expenses by fiscal year
FY2021$2.3M
FY2022$2.7M
FY2023$3.1M
FY2024$3.5M
FY2025$4.0M
Net assets
$24.0M
FY2024▲ +17%
Net assets by fiscal year
FY2021$18.0M
FY2022$17.7M
FY2023$20.4M
FY2024$24.0M
FY2025$27.2M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $3.1M Management & general 10% · $347K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$71,576Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Susan M Wallis’s $69K as CEO is at the 11th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Susan M Wallis$68,836$71,576$59,879$29,536$44,986

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers support and resources to individuals with disabilities.

Provided by the organization

This section is blank until Regency Management INC claims this page.

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1 program service account for $3.1M of program spending, described in the organization's own filed words · FY2023.
01

To provide services to handicapped persons designed to meet their physical, social, and psychological needs.

$3.1Mprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.7M
Ln 12
Fees for servicesLn 2g$5.8M
Investment incomeLn 3$887K
Gifts and grantsLn 1h$5K
Money outPt IX
$3.5M
Ln 25
Programscol B$3.1M
Managementcol C$347K
Owns and owesPt X
$24.0M
net assets · Ln 32
Cash and savingsLn 1–2$6.7M
Total assetsLn 16$24.2M
LiabilitiesLn 26$219K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5K
Fees for servicesLn 2g$5.8M
Investment incomeLn 3$887K
Other incomeLn 4–11$1K
Gains on assetsLn 7$6K
Total revenueLn 12$6.7M
Assets in detailPt X, end of year
CashLn 1$475
SavingsLn 2$6.7M
Cash and savings togetherLn 1–2$6.7M
InvestmentsLn 11–13$16.3M
Land, buildings, equipmentLn 10c$26K
Other assetsLn 15$104K
Total assetsLn 16$24.2M
LiabilitiesLn 26$219K
Net assetsLn 32$24.0M
OperationsPt I, VI
EmployeesI 5103
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5.2M$6.7M
InvestmentsLn 11–13$14.3M$16.3M
Land, buildings, equipmentLn 10c$36K$26K
Total assetsLn 16$20.6M$24.2M
LiabilitiesLn 26$211K$219K
Net assetsLn 32$20.4M$24.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$72K
Other salaries and wagesLn 7$2.5M$2.3M$173K
Other employee benefitsLn 9$87K$67K$20K
Payroll taxesLn 10$197K$177K$20K
Accounting feesLn 11c$7K$5K$2K
Office expensesLn 13$23K$10K$12K
Information technologyLn 14$28K$24K$4K
OccupancyLn 16$80K$67K$13K
TravelLn 17$199K$197K$2K
Depreciation, depletion and amortizationLn 22$10K$9K$1K
InsuranceLn 23$65K$54K$11K
Other expenses (24a–d)Ln 24$184K$167K$17K
All other expensesLn 24e−$1K−$3K$2K
Total functional expensesLn 25$3.5M$3.1M$347K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.0M$4.0M$3.0M$27.2M 990 PDF
FY2024 Viewing $6.7M$3.5M$3.2M$24.0M 990 PDF
FY2023 $6.1M$3.1M$2.9M$20.4M 990 PDF
FY2022 $4.6M$2.7M$1.9M$17.7M 990 PDF
FY2021 $4.4M$2.3M$2.1M$18.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $6,693,580 across 7 lines filed
VIII-1f All other contributions, gifts and grants$4,974
VIII-1h Total contributions, gifts and grants$4,974
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,800,853$5,800,853
VIII-3 Investment incomeExcluded from tax $880,860$880,860
VIII-7 Net gain or loss on sales of assetsRelated to mission $5,814$5,814
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,079$1,079
VIII-12 Total revenueRelated to mission $5,807,746 · Excluded from tax $880,860$6,693,580
Part IX · Statement of functional expenses $3,466,140 across 13 lines filed
IX-5 Pay of current officers, directors and key staffManagement $71,576$71,576
IX-7 Other salaries and wagesPrograms $2,343,655 · Management $172,813$2,516,468
IX-9 Other employee benefitsPrograms $67,191 · Management $19,621$86,812
IX-10 Payroll taxesPrograms $176,978 · Management $19,711$196,689
IX-11c Accounting feesPrograms $5,460 · Management $1,540$7,000
IX-13 Office expensesPrograms $10,391 · Management $12,500$22,891
IX-14 Information technologyPrograms $24,124 · Management $3,998$28,122
IX-16 OccupancyPrograms $67,309 · Management $12,660$79,969
IX-17 TravelPrograms $196,810 · Management $1,791$198,601
IX-22 Depreciation, depletion and amortizationPrograms $8,533 · Management $1,436$9,969
IX-23 InsurancePrograms $54,207 · Management $10,913$65,120
IX-24 Other expenses (24a–d)Programs $167,468 · Management $16,581$184,049
IX-24e All other expensesPrograms −$3,104 · Management $1,978−$1,126
IX-25 Total functional expensesPrograms $3,119,022 · Management $347,118 · Fundraising $0$3,466,140
Part X · Balance sheet $24,181,321 assets, 12 lines filed
Asset lines not itemized here account for $2,398; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $475$475
X-2 Savings and temporary cash investmentsStart of year $5,222,889$6,730,972
X-4 Accounts receivableStart of year $941,888$1,066,170
X-10c Land, buildings and equipment, netStart of year $36,346$26,378
X-11 Publicly traded securitiesStart of year $14,313,646$16,251,157
X-15 Other assetsStart of year $83,559$103,771
X-16 Total assetsStart of year $20,608,377$24,181,321
X-17 Accounts payable and accrued expensesStart of year $208,845$215,891
X-26 Total liabilitiesStart of year $211,365$219,302
X-27 Net assets without donor restrictionsStart of year $20,397,012$23,962,019
X-32 Total net assets or fund balancesStart of year $20,397,012$23,962,019
X-33 Total liabilities and net assetsStart of year $20,608,377$24,181,321
Part XI · Reconciliation of net assets $23,962,019 net assets at year end
XI-1 Total revenue$6,693,580
XI-2 Total expenses$3,466,140
XI-3 Revenue less expenses$3,227,440
XI-4 Net assets at start of year$20,397,012
XI-5 Net unrealized gains (losses) on investments$337,567
XI-10 Net assets at end of year$23,962,019

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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