Overview
What is Shs Community Health Inc?
Shs Community Health Inc, established in 2011 as a tax-exempt organization under Section 501(C)(2) of the Internal Revenue Code, serves as a title-holding corporation for Spectrum Health Services, Inc. This nonprofit entity's primary role is to maintain ownership of the community health center property that would otherwise belong to its parent organization, Spectrum Health Services, which is a 501(C)(3) tax-exempt organization. In essence, Shs Community Health Inc acts as a legal intermediary, ensuring proper property management and title retention for Spectrum Health Services, thereby supporting the overall mission and operations of the parent organization.
Official website here: www.none
Is Shs Community Health Inc legitimate?
Shs Community Health Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Shs Community Health 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
Official website here: www.none
What is the mission statement of Shs Community Health Inc?
Shs Community Health Inc, established in 2011 as a tax-exempt title-holding corporation under Section 501(C)(2) of the Internal Revenue Code, serves as the wholly-owned subsidiary of Spectrum Health Services, Inc. Its primary purpose is to hold the title to the community health center property, which would otherwise be owned by Spectrum, its tax-exempt parent organization. As a subsidiary, Shs Community Health Inc does not have a separate mission statement of its own, as its role is primarily to facilitate property-related transactions for Spectrum Health Services, Inc.
Official website here: www.none
Who is the CEO of Shs Community Health Inc?
Veronica Hill-Milbourne is the CEO of Shs Community Health Inc The CEO's salary of Shs Community Health Inc is $0 and their total compensation is $286,212.
Official website here: www.none
What is the revenue of Shs Community Health Inc?
Shs Community Health Inc's revenue in 2020 was $0.
Official website here: www.none
Who are the executives of Shs Community Health Inc and what are their salaries?
Here are 2 key members and their salaries (Shs Community Health Inc's CEO's salary is $0 and their total compensation is $286,212):
- Compensation: $0
- Related: $286,020
- Other: $192
- Compensation: $0
- Related: $185,021
- Other: $1,000
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Shs Community Health Inc
Shs Community Health Inc, established in 2011, serves as a title-holding company for Spectrum Health Services, Inc. While the organization itself does not have a clearly defined mission stated, its purpose is to act as Spectrum's wholly-owned subsidiary. This role allows Shs Community Health Inc to hold the title to the community health center property, which would otherwise be owned by Spectrum, a 501(c)(3) tax-exempt parent organization. By doing so, Shs Community Health Inc plays an essential role in facilitating Spectrum's operations related to community health centers.
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Impact
October, 2024
Shs Community Health Inc plays a critical role in supporting the operations and sustainability of Spectrum Health Services, Inc. By serving as a title-holding company, it facilitates the management and ownership of the community health center property. This arrangement allows Spectrum Health Services to focus on delivering vital healthcare services to the community without being encumbered by property ownership complexities.
Located in Philadelphia, Shs Community Health Inc ensures that the necessary infrastructure is available for Spectrum to operate effectively. This contributes to the broader mission of enhancing access to quality health care, particularly for underserved populations. The organizational structure established by Shs not only protects assets but also helps streamline resources, which is essential in today's healthcare environment.
In essence, Shs Community Health Inc's impact lies in its capacity to enable Spectrum Health Services to thrive and serve the community effectively, ultimately fostering improved health outcomes for the populations it serves.
This information is meant to be a general summary of Shs Community Health 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 2020.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2011
Principal Officer
Veronica Hill-Milbourne
Website
www.noneNTEE Category
Code: Z99 - Unknown
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