Overview
What is South Shore Property Inc?
South Shore Property Inc, situated in South Weymouth, Massachusetts, is a nonprofit organization primarily engaged in the acquisition, management, and development of real estate properties. Their mission aligns with the tax-exempt objectives of their parent company and affiliates, as they utilize these properties for their intended purposes. Notably, South Shore Property Inc has contributed to the development of an Ambulatory Cancer Center adjacent to South Shore Hospital, a related organization. The organization's work helps support various tax-exempt endeavors, thereby contributing to the betterment of its community.
Is South Shore Property Inc legitimate?
South Shore Property Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Shore Property 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
What is the mission statement of South Shore Property Inc?
South Shore Property Inc., in its mission, acquires, manages, and develops real property to serve the tax-exempt purposes of its parent company and affiliates. The primary objective of South Shore Property is to utilize these properties effectively in furthering the tax-exempt goals of its affiliated organizations. Notably, South Shore Property has played a significant role in developing and managing the Ambulatory Cancer Center adjacent to South Shore Hospital, a related organization. This center provides essential healthcare services, contributing to the overall mission of providing for the tax-exempt purposes of its parent company and affiliates.
Who is the CEO of South Shore Property Inc?
Allen Smith Md is the CEO of South Shore Property Inc The CEO's salary of South Shore Property Inc is $0 and their total compensation is $1,128,299.
What is the revenue of South Shore Property Inc?
South Shore Property Inc's revenue in 2023 was $5,983,472.
Who are the executives of South Shore Property Inc and what are their salaries?
There 12 volunteers at South Shore Property Inc.
Here are 21 key members and their salaries (South Shore Property Inc's CEO's salary is $0 and their total compensation is $1,128,299):
- Compensation: $0
- Related: $944,596
- Other: $183,703
- Compensation: $0
- Related: $760,671
- Other: $39,182
- Compensation: $0
- Related: $181,000
- Other: $0
- Compensation: $0
- Related: $82,000
- Other: $0
- Compensation: $0
- Related: $73,333
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $433,280
- Other: $33,703
- Compensation: $0
- Related: $329,597
- Other: $18,439
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $499,538
- Other: $0
Where can I find the form 990 for South Shore Property Inc?
South Shore Property Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of South Shore Property Inc
South Shore Property Inc, as a nonprofit organization, is dedicated to acquiring, managing, and developing real property. This mission serves to support the tax-exempt purposes of its parent company and affiliates. By undertaking these activities, South Shore Property Inc contributes to the realization of the broader objectives of its affiliated entities. One of the notable projects carried out by South Shore Property Inc is the development and management of an Ambulatory Cancer Center adjacent to South Shore Hospital. This related organization benefits from South Shore Property Inc's expertise in real estate management, thereby furthering the mission of the parent company and affiliates in the field of healthcare.
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Impact
October, 2024
South Shore Property Inc. has a significant impact on the healthcare landscape in its community by acquiring, managing, and developing real estate that is essential to supporting health-related services. One of its notable contributions is the development and management of the Ambulatory Cancer Center located adjacent to South Shore Hospital. This facility enhances access to cancer care for local residents, improving their health outcomes through timely and specialized treatment options. By strategically aligning its real estate initiatives with the needs of healthcare providers and the community, South Shore Property Inc. plays a critical role in fostering a healthier environment and ensuring that essential health services are available where they are most needed. Its focus on health-related property aligns effectively with the goals of its parent organization and affiliates, facilitating a comprehensive approach to community wellness.
This information is meant to be a general summary of South Shore Property 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 2023.
- Investment Income: $35,535
- Program Service Revenue: $5,947,912
- Gross Receipts: $5,983,472
Assets and Liabilities:
- Total Assets: $61,461,297
- Total Liabilities: $36,362,651
- Net Assets: $25,098,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$5,947,912
Organization Details
Founding Year
1982
Principal Officer
Stephen Jenney
NTEE Category
Code: E22I - Health
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