Overview
What is Abbot Inc C/O Wills Eye Hospital?
Abbot Inc C/O Wills Eye Hospital serves as a title holding company for a nonprofit organization. Located in Philadelphia, Pennsylvania, this entity manages real property, collects rental income, and covers related expenses on behalf of the nonprofit organization it supports. The specific mission of this title holding company is to provide essential administrative services, ensuring the nonprofit organization can focus on its primary objectives.
Official website here: www.willseye.org
Is Abbot Inc C/O Wills Eye Hospital legitimate?
Abbot Inc C/O Wills Eye Hospital is a legitimate nonprofit organization registered as a 501(c)(2) entity. Abbot Inc C/O Wills Eye Hospital 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.willseye.org
What is the mission statement of Abbot Inc C/O Wills Eye Hospital?
Abbot Inc C/O Wills Eye Hospital serves as a title holding company for a not-for-profit organization. Its primary role is to manage the title to real property, collect rental income, and cover related expenses for this affiliated exempt organization. The specific mission or purpose of the not-for-profit organization itself is not provided in the given information.
Official website here: www.willseye.org
Who is the CEO of Abbot Inc C/O Wills Eye Hospital?
Joseph P Bilson is the Chief Executive Officer of Abbot Inc C/O Wills Eye Hospital. The CEO's salary of Abbot Inc C/O Wills Eye Hospital is $0 and their total compensation is $588,819.
Official website here: www.willseye.org
What is the revenue of Abbot Inc C/O Wills Eye Hospital?
Abbot Inc C/O Wills Eye Hospital's revenue in 2022 was $361,453.
Official website here: www.willseye.org
Who are the executives of Abbot Inc C/O Wills Eye Hospital and what are their salaries?
Here are 3 key members and their salaries (Abbot Inc C/O Wills Eye Hospital's CEO's salary is $0 and their total compensation is $588,819):
- Compensation: $0
- Related: $500,452
- Other: $88,367
- Compensation: $0
- Related: $400,207
- Other: $30,534
- Compensation: $0
- Related: $195,855
- Other: $10,071
Official website here: www.willseye.org
Where can I find the form 990 for Abbot Inc C/O Wills Eye Hospital?
Abbot Inc C/O Wills Eye Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.willseye.org
Learn more at the official website: www.willseye.org
Mission Statement of Abbot Inc C/O Wills Eye Hospital
Abbot Inc C/O Wills Eye Hospital serves as a title holding company for a not-for-profit organization. Its primary role involves managing the title to real property, collecting rental income, and covering related expenses for this affiliated exempt organization. This organization plays a crucial part in managing the financial aspects of the real estate associated with the not-for-profit entity, ensuring its smooth operation.
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Impact
October, 2024
Abbot Inc C/O Wills Eye Hospital significantly contributes to community improvement by managing real property that supports Wills Eye Hospital's operations. By holding title to property, it facilitates the collection of rental income which can be reinvested into the hospital's services and programs. This financial mechanism not only sustains the hospital’s facilities but also maintains a steady funding stream that can enhance patient care and support innovative medical research. Furthermore, by overseeing related expenses, Abbot Inc ensures that resources are allocated efficiently, allowing Wills Eye Hospital to focus on its mission of providing high-quality eye care and advancing ocular health. Through these activities, Abbot Inc plays a vital role in bolstering the infrastructure and operational effectiveness of the healthcare services in Philadelphia.
This information is meant to be a general summary of Abbot Inc C/O Wills Eye Hospital. 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.
- Program Service Revenue: $361,453
- Gross Receipts: $361,453
Assets and Liabilities:
- Total Assets: $4,173,739
- Total Liabilities: $101,478
- Net Assets: $4,072,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$361,453
Organization Details
Founding Year
1992
Phone
(215) 928-3320Principal Officer
Joseph P Bilson
Main Address
840 WALNUT STREET 15TH FLOOR, PHILADELPHIA, PA, 19107
Website
www.willseye.orgNTEE Category
Code: S47 - Community improvement
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