Overview
What is Montefiore Hospital Housing Section Ii Inc?
Montefiore Hospital Housing Section II Inc, a nonprofit organization based in Bronx, New York, provides housing solutions for medical residents working at Montefiore Medical Center. Their primary purpose is to ensure the continuity of medical care for patients by offering residential accommodations close to the medical center. The organization owns and operates a rental apartment building, leasing commercial space and guest apartments to the medical center as well. This setup provides space for the hospital's advanced imaging center and temporary housing for patients' families. Montefiore Hospital Housing Section II Inc employs seven individuals.
Is Montefiore Hospital Housing Section Ii Inc legitimate?
Montefiore Hospital Housing Section Ii Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Montefiore Hospital Housing Section Ii 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: $586,358
For more financial information, click here
What is the mission statement of Montefiore Hospital Housing Section Ii Inc?
Montefiore Hospital Housing Section II Inc's mission is centered around providing housing solutions for medical residents working at Montefiore Medical Center. The primary objective is to ensure the continuity of medical care for the patients served by the medical center. By offering housing, the organization allows medical residents to reside in close proximity to the medical center, thereby enhancing their availability to cater to patient needs. Montefiore Hospital Housing Section II Inc also leases commercial space and guest apartments to the medical center, which are utilized for the hospital's advanced imaging center and temporary housing for patients' families, respectively.
What is the revenue of Montefiore Hospital Housing Section Ii Inc?
Montefiore Hospital Housing Section Ii Inc's revenue in 2023 was $7,210,817.
Who are the executives of Montefiore Hospital Housing Section Ii Inc and what are their salaries?
The average compensation at Montefiore Hospital Housing Section Ii Inc during 2023 was $83,765. There are 7 employees at Montefiore Hospital Housing Section Ii Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $1,857,333
- Other: $41,124
- Compensation: $0
- Related: $1,085,621
- Other: $262,210
- Compensation: $0
- Related: $1,100,550
- Other: $47,264
Where can I find the form 990 for Montefiore Hospital Housing Section Ii Inc?
Montefiore Hospital Housing Section Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Montefiore Hospital Housing Section Ii Inc
Montefiore Hospital Housing Section II, Inc., a nonprofit organization, is dedicated to fulfilling a crucial mission. Its primary goal is to provide housing for medical residents working at Montefiore Medical Center, an academic medical center and the parent company of the organization. By offering housing within close proximity to the medical center, Montefiore Hospital Housing Section II, Inc. ensures the continuity of medical care for the patients served. This proactive approach helps maintain a consistent level of medical attention, benefiting both the residents and their patients.
Furthermore, Montefiore Hospital Housing Section II, Inc. goes beyond just providing residential spaces. Commercial spaces and guest apartments are also leased to the medical center, providing additional space for the hospital's advanced imaging center and temporary housing for patients' families. This comprehensive approach demonstrates the organization's commitment to supporting the medical community and enhancing the overall patient experience. Montefiore Hospital Housing Section II, Inc. plays a vital role in ensuring that medical residents can focus on their responsibilities without the added stress of housing concerns, thereby contributing to the delivery of high-quality healthcare services.
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Impact
October, 2024
Montefiore Hospital Housing Section II Inc plays a vital role in the healthcare ecosystem by providing housing for medical residents at Montefiore Medical Center. By ensuring that residents have access to affordable living accommodations in close proximity to the medical center, the organization significantly contributes to the continuity of medical care for patients. This arrangement allows residents to focus on their demanding schedules and training without the added stress of lengthy commutes or housing uncertainties.
Additionally, the organization operates a rental apartment building that also features commercial spaces and guest apartments. These facilities support the hospital's Advanced Imaging Center and offer temporary housing for patients' families, further enhancing the support system for patients receiving care. Overall, Montefiore Hospital Housing Section II Inc fosters a community-oriented environment that ultimately benefits patients and the broader healthcare system in the Bronx.
This information is meant to be a general summary of Montefiore Hospital Housing Section Ii 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.
- Program Service Revenue: $5,636,983
- Gross Receipts: $7,210,817
Assets and Liabilities:
- Total Assets: $12,265,692
- Total Liabilities: $13,127,277
- Net Assets: -$861,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$5,636,983
Organization Details
Founding Year
1969
NTEE Category
Code: S47 - Community improvement
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