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Nhs Ii Properties Llc

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

EIN: 300204506 ✦ Lafayette hill, PA ✦ Designated as a 501(c)(2)

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Overview

What is Nhs Ii Properties Llc?

Nhs Ii Properties Llc is a nonprofit organization, situated in Lafayette Hill, Pennsylvania, specifically at 620 E Germantown Pike, 19444. Its primary role involves managing and acquiring properties, generating income from these properties, and subsequently utilizing the earned income to support Merakey USA and its tax-exempt affiliates. This organization's objective is to contribute to Merakey USA and its affiliated tax-exempt entities by leveraging its property-related activities.


Official website here: www.merakey.org

Is Nhs Ii Properties Llc legitimate?

Nhs Ii Properties Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nhs Ii Properties Llc 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.merakey.org

What is the mission statement of Nhs Ii Properties Llc?

Nhs Ii Properties Llc's primary role is to manage and generate income from its properties. This income is then allocated to Merakey USA and its tax-exempt affiliates for their benefit. Essentially, the company serves as a financial intermediary, providing a source of income to support the activities of these organizations. While Nhs Ii Properties Llc does not have a traditional mission statement as seen with other organizations, its function can be understood as supporting the charitable efforts of Merakey USA and its affiliates through property management and income collection.


Official website here: www.merakey.org

Who is the CEO of Nhs Ii Properties Llc?

Joseph Martz is the President/Ceo of Nhs Ii Properties Llc. The CEO's salary of Nhs Ii Properties Llc is $0 and their total compensation is $1,132,565.


Official website here: www.merakey.org

What is the revenue of Nhs Ii Properties Llc?

Nhs Ii Properties Llc's revenue in 2022 was $14,217.


Official website here: www.merakey.org

Who are the executives of Nhs Ii Properties Llc and what are their salaries?


Here are 2 key members and their salaries (Nhs Ii Properties Llc's CEO's salary is $0 and their total compensation is $1,132,565):


Joseph Martz (President/Ceo)
  • Compensation: $0
  • Related: $1,092,746
  • Other: $39,819
Derrick Yacovelli (Treasurer/Cfo)
  • Compensation: $0
  • Related: $669,146
  • Other: $27,049


Official website here: www.merakey.org

Where can I find the form 990 for Nhs Ii Properties Llc?

Nhs Ii Properties Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.merakey.org

Learn more at the official website: www.merakey.org

Mission Statement of Nhs Ii Properties Llc

Nhs Ii Properties LLC, as a mission-driven entity, holds the title to various properties and collects income derived from them. This income is then channeled towards benefiting Merakey USA and its tax-exempt affiliates. By managing these properties and generating revenue, Nhs Ii Properties LLC plays a crucial role in supporting the mission and objectives of Merakey USA, contributing to its overall charitable endeavors.

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Impact




October, 2024

NHS II Properties LLC plays a significant role in community improvement by managing and holding title to properties that generate income for Merakey USA and its tax-exempt affiliates. By effectively managing these assets, the entity ensures a consistent flow of resources that can be reinvested into social services and community programs. This not only supports the operational needs of Merakey USA but also enables the organization to provide enhanced services to the communities it serves, fostering overall growth and development in Lafayette Hill and beyond. The properties managed by NHS II Properties LLC contribute to the local economy, while also reinforcing Merakey USA's mission to improve lives through dedicated support and programming.




This information is meant to be a general summary of Nhs Ii Properties Llc. 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
$14,217 (2022)
Expenses
$14,217 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $14,217
  • Gross Receipts: $14,217

Assets and Liabilities:

  • Total Assets: $281,448
  • Total Liabilities: $0
  • Net Assets: $281,448

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Programs

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

RENTAL INCOME

Revenue

$14,217

Organization Details

Founding Year

2003

Principal Officer

Joseph Martz

Main Address

620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444

NTEE Category

Code: S47 - Community improvement

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