Overview
What is Community Health Center Capital Fund Inc?
Community Health Center Capital Fund Inc, based in Boston, Massachusetts, is a dedicated nonprofit organization. Their primary mission is to support the growth and development of Federally Qualified Health Centers by providing tailored loans and financing programs. They collaborate with various entities to promote responsive lending within the health center sector, ultimately aiding these centers in securing funds for building and equipment projects. This nonprofit plays a crucial role in ensuring that these community health centers have the necessary resources to serve their communities effectively.
Official website here: www.chc-capitalfund.org
Is Community Health Center Capital Fund Inc legitimate?
Community Health Center Capital Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Health Center Capital Fund Inc submitted a form 990, 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.chc-capitalfund.org
What is the mission statement of Community Health Center Capital Fund Inc?
The Community Health Center Capital Fund Inc is committed to assisting community health centers in accessing the necessary capital for their building and equipment projects. This non-profit organization provides loans and loan programs tailored to meet the needs of health centers, demonstrating a dedication to supporting the growth and development of federally qualified health centers. In addition, they collaborate with other entities to advance responsible lending within the health center sector.
Official website here: www.chc-capitalfund.org
Who is the CEO of Community Health Center Capital Fund Inc?
Allison Coleman is the Chair of Community Health Center Capital Fund Inc. The CEO's salary of Community Health Center Capital Fund Inc is $0 and their total compensation is $459,148.
Official website here: www.chc-capitalfund.org
What is the revenue of Community Health Center Capital Fund Inc?
Community Health Center Capital Fund Inc's revenue in 2022 was $4,718,636.
Official website here: www.chc-capitalfund.org
Who are the executives of Community Health Center Capital Fund Inc and what are their salaries?
There 10 volunteers at Community Health Center Capital Fund Inc.
Here are 13 key members and their salaries (Community Health Center Capital Fund Inc's CEO's salary is $0 and their total compensation is $459,148):
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- Related: $427,670
- Other: $31,478
- Compensation: $0
- Related: $277,473
- Other: $47,388
Official website here: www.chc-capitalfund.org
Where can I find the form 990 for Community Health Center Capital Fund Inc?
Community Health Center Capital Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chc-capitalfund.org
Learn more at the official website: www.chc-capitalfund.org
Mission Statement of Community Health Center Capital Fund Inc
Community Health Center Capital Fund Inc is committed to aiding community health centers in securing necessary capital for building and equipment projects. This nonprofit organization, recognized as Community Health Center Capital Fund, Inc., operates with the goal of supporting the expansion and improvement of Federally Qualified Health Centers. They achieve this by providing loan and loan programs tailored to meet the unique needs of these health centers. Furthermore, Community Health Center Capital Fund collaborates with other entities to foster a culture of responsive lending within the health center sector. This mission is essential in ensuring that these community health centers can continue to provide essential healthcare services to underserved populations.
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Impact
October, 2024
Community Health Center Capital Fund Inc plays a pivotal role in strengthening the infrastructure of Federally Qualified Health Centers (FQHCs). By providing tailored loans and loan programs, it facilitates the growth and development of these critical healthcare providers, enabling them to access the capital necessary for building and equipment projects. This support enhances the ability of community health centers to deliver essential services, ultimately improving access to healthcare in underserved populations. Additionally, the organization's collaborative efforts foster responsive lending practices within the health sector, ensuring that the financial needs of these centers are met effectively. Through its initiatives, the Community Health Center Capital Fund significantly contributes to the sustainability and expansion of community health services in Boston and beyond.
This information is meant to be a general summary of Community Health Center Capital Fund Inc. 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 2022.
- Investment Income: $813
- Program Service Revenue: $2,173,568
- Gross Receipts: $4,718,636
Assets and Liabilities:
- Total Assets: $17,231,715
- Total Liabilities: $8,178,442
- Net Assets: $9,053,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN PROGRAM FEES
Revenue
$1,274,658
INTEREST INCOME FROM L
Revenue
$897,102
LOAN MONITORING AND SE
Revenue
$1,808
Organization Details
Founding Year
1988
Phone
(617) 422-0350Principal Officer
Allison Coleman
Main Address
40 COURT STREET 10TH FLOOR, BOSTON, MA, 02108
Website
www.chc-capitalfund.orgNTEE Category
Code: E70 - Health
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