Overview
What is Heywood Realty Corporation?
Heywood Realty Corporation is a nonprofit organization situated in Gardner, Massachusetts, at 242 Green Street. Its primary function involves holding title to properties for the purpose of generating income. The collected income, after deducting expenses, is then transferred to Heywood Healthcare, Inc., a non-profit organization operating under Massachusetts General Laws Chapter 180. This transfer of funds supports the charitable activities of Heywood Healthcare, Inc.
Official website here: www.heywood.org
Is Heywood Realty Corporation legitimate?
Heywood Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Heywood Realty Corporation 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.heywood.org
What is the mission statement of Heywood Realty Corporation?
Heywood Realty Corporation's primary objective is to manage property titles for the purpose of generating income. This income is then channeled to Heywood Healthcare, Inc., a non-profit organization, with the exception of any incurred expenses. By doing so, Heywood Realty Corporation contributes to the operations of Heywood Healthcare, Inc., contributing to its charitable missions and goals. In essence, Heywood Realty Corporation serves as a financial intermediary, using property management to support the work of a non-profit organization.
Official website here: www.heywood.org
Who is the CEO of Heywood Realty Corporation?
Rozanna Penney is the CEO of Heywood Realty Corporation The CEO's salary of Heywood Realty Corporation is $0 and their total compensation is $310,211.
Official website here: www.heywood.org
What is the revenue of Heywood Realty Corporation?
Heywood Realty Corporation's revenue in 2023 was $1,773,220.
Official website here: www.heywood.org
Who are the executives of Heywood Realty Corporation and what are their salaries?
There 19 volunteers at Heywood Realty Corporation.
Here are 26 key members and their salaries (Heywood Realty Corporation's CEO's salary is $0 and their total compensation is $310,211):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $494,930
- Other: $43,500
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $437,363
- Other: $0
- Compensation: $0
- Related: $332,703
- Other: $17,144
- Compensation: $0
- Related: $531,968
- Other: $41,608
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $1,088,823
- Other: $61,276
- Compensation: $0
- Related: $186,589
- Other: $0
- Compensation: $0
- Related: $281,093
- Other: $29,118
- Compensation: $0
- Related: $232,988
- Other: $45,872
Official website here: www.heywood.org
Where can I find the form 990 for Heywood Realty Corporation?
Heywood Realty Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heywood.org
Learn more at the official website: www.heywood.org
Mission Statement of Heywood Realty Corporation
Heywood Realty Corporation, as a mission-driven entity, is primarily focused on managing property titles to generate income. This income serves a significant purpose, as it gets channeled towards Heywood Healthcare, Inc., a non-profit organization established under Chapter 180 of Massachusetts General Laws. In essence, Heywood Realty Corporation's role involves the collection of income from its property holdings and the subsequent transfer of the net income, after deducting expenses, to Heywood Healthcare, Inc. This financial support contributes to the operational and charitable endeavors of Heywood Healthcare, Inc., thereby playing a crucial role in its overall mission.
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Impact
October, 2024
Heywood Realty Corporation plays a crucial role in supporting healthcare in the Gardner, MA community by managing and holding title to properties that generate income. This income is directed to Heywood Healthcare, which enhances medical services and facilities in the area. By effectively managing real estate assets, Heywood Realty Corporation contributes to the financial sustainability of healthcare services, ensuring that community residents have access to vital healthcare resources. Their focus on property management not only supports the local economy but also fosters community improvement through enhanced healthcare offerings.
This information is meant to be a general summary of Heywood Realty Corporation. 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 2023.
- Investment Income: $167,320
- Program Service Revenue: $1,773,220
- Gross Receipts: $1,773,220
Assets and Liabilities:
- Total Assets: $5,486,534
- Total Liabilities: $479,231
- Net Assets: $5,007,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Office Rentals
Revenue
$1,773,220
Organization Details
Founding Year
1997
Principal Officer
Rozanna Penney
Website
www.heywood.orgNTEE Category
Code: S47 - Community improvement
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