Newport Health Property Management

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222535539 ✦ Newport, RI ✦ Designated as a 501(c)(3)

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Overview

What is Newport Health Property Management?

Newport Health Property Management (NHPM) is a nonprofit organization situated in Newport, Rhode Island. Its primary mission is to promote and foster the growth of comprehensive, integrated healthcare services within the Newport County area, aiming to enhance the community's overall well-being. To achieve this goal, NHPM manages and operates health-related real estate properties, ensuring the provision of various healthcare services. The organization's resources are dedicated solely to this objective, contributing to the advancement of healthcare within the specified region.


Official website here: www.none

Is Newport Health Property Management legitimate?

Newport Health Property Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newport Health Property Management 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.none

What is the mission statement of Newport Health Property Management?

Newport Health Property Management (NHPM) is committed to fostering and promoting comprehensive, integrated health-care services for the betterment of a specific community. Their primary objective is to develop and manage real estate and properties with a focus on health-care related services, aiming to advance the overall well-being of the community. The organization's expenditures are dedicated solely to this purpose, supporting the broader mission of enhancing health care within the community.


Official website here: www.none

Who is the CEO of Newport Health Property Management?

Nicholas P Dominick is the President of Newport Health Property Management.


Official website here: www.none

What is the revenue of Newport Health Property Management?

Newport Health Property Management's revenue in 2022 was $375,691.


Official website here: www.none

Who are the executives of Newport Health Property Management and what are their salaries?


Here are 9 key members and their salaries:


Timothy J Babineau Md (Trustee-6/22)
  • Compensation: $0
  • Related: $2,336,252
  • Other: $1,293,210
Mary A Wakefield (Fmr. Treasurer)
  • Compensation: $0
  • Related: $1,273,303
  • Other: $125,549
Paul J Adler (Secretary)
  • Compensation: $0
  • Related: $828,234
  • Other: $146,676
Cathy E Duquettephd Mba Rn (Trustee-6/22)
  • Compensation: $0
  • Related: $739,598
  • Other: $129,797
Nicholas P Dominick (President)
  • Compensation: $0
  • Related: $480,314
  • Other: $106,569
David A Kirshner (Treasurer)
  • Compensation: $0
  • Related: $390,974
  • Other: $7,478
Margaret M Van Bree (Fmr. Trustee)
  • Compensation: $0
  • Related: $360,573
  • Other: $0
Jody Bishop (Fmr. Secretary)
  • Compensation: $0
  • Related: $186,911
  • Other: $31,236
Arthur J Sampson (Trustee)
  • Compensation: $0
  • Related: $70,928
  • Other: $3,282


Official website here: www.none

Where can I find the form 990 for Newport Health Property Management?

Newport Health Property Management's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Newport Health Property Management

Newport Health Property Management, abbreviated as NHPM, is dedicated to the purpose of fostering and promoting the growth of all-encompassing, interconnected healthcare services. This mission is aimed at enhancing the overall health and welfare of a specific community, in this case, Newport County, Rhode Island. To achieve this goal, NHPM engages in the ownership, management, and operation of various real estate and property resources. This strategic approach allows the organization to facilitate the development of comprehensive and integrated healthcare services, ultimately contributing to the betterment of the community's well-being. All of NHPM's program service expenditures are directed towards this primary objective, aligning with the broader mission of Newport Health Care Corporation.

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Impact




October, 2024

Newport Health Property Management (NHPM) plays a crucial role in enhancing the healthcare landscape of Newport County, Rhode Island. By owning, operating, and maintaining healthcare real estate properties, NHPM fosters the development of integrated health-related services that directly benefit the community. This focus on comprehensive health solutions not only improves access to necessary care but also contributes to the overall well-being of residents.

Through its strategic management of healthcare facilities, NHPM supports various initiatives that address the diverse health needs of the community. This commitment to advancing healthcare infrastructure ensures that residents have access to essential services, promoting healthier outcomes and a better quality of life. Ultimately, NHPM's impact is felt across Newport County as it reinforces the foundation for a robust healthcare system that is responsive to the needs of the population.




This information is meant to be a general summary of Newport Health Property Management. 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.

Revenue
$375,691 (2022)
Expenses
$474,245 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,318
  • Program Service Revenue: $377,009
  • Gross Receipts: $397,260

Assets and Liabilities:

  • Total Assets: $3,442,165
  • Total Liabilities: $19,959
  • Net Assets: $3,422,206

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental Revenue

Revenue

$377,009

Organization Details

Founding Year

1983

Principal Officer

Nicholas P Dominick

Main Address

11 Friendship Street, Newport, RI, 02840

Website

www.none

NTEE Category

Code: S50 - Community improvement

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