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Qcfi Inc

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

EIN: 311518738 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Qcfi Inc?

Qcfi Inc, headquartered in Houston, Texas, is a nonprofit organization with a mission to develop, acquire, own, and operate various facilities aimed at serving the needs of the elderly and indigent. These facilities include hospitals, nursing care centers, assisted living units, personal care homes, memory care facilities, low/moderate income housing, and residential facilities for the elderly. The organization may also acquire these facilities using tax-exempt bond financing. Qcfi Inc's operations primarily focus on providing essential services, such as healthcare, housing, and care for the elderly and indigent populations.

Is Qcfi Inc legitimate?

Qcfi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qcfi 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

What is the mission statement of Qcfi Inc?

Qcfi Inc's mission revolves around the development, acquisition, ownership, and operation of various types of facilities, primarily catering to the elderly and indigent. These facilities include hospitals, nursing care facilities, assisted living centers, personal care homes, memory care units, low/moderate income housing units, and residential facilities for the elderly. Qcfi Inc may utilize tax-exempt bond financing for the acquisition of these facilities. The organization's primary objective is to serve qualifying patients through the operation of a nursing home, such as Qcf Saxony Health Center LLC.

Who is the CEO of Qcfi Inc?

Richard T Needham is the President, Cfo, Secretary of Qcfi Inc. The CEO's salary of Qcfi Inc is $0 and their total compensation is $0.

What is the revenue of Qcfi Inc?

Qcfi Inc's revenue in 2022 was $0.

Who are the executives of Qcfi Inc and what are their salaries?


Here are 4 key members and their salaries (Qcfi Inc's CEO's salary is $0 and their total compensation is $0):


James D Golden (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard T Needham (President, Cfo, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mack R Leath (Immediate Past Executive President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Long (Immediate Past Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Qcfi Inc?

Qcfi Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Qcfi Inc

Qcfi Inc, as a nonprofit organization, is dedicated to the development, acquisition, ownership, and operation of various facilities that cater to the needs of different groups. Specifically, they focus on hospitals, nursing care facilities, assisted living facilities, personal care homes, memory care facilities, low/moderate income housing facilities, and residential facilities for the elderly and indigent. Notably, Qcfi Inc can acquire these facilities using tax-exempt bond financing.

In essence, Qcfi Inc serves as a provider of essential services for various vulnerable populations, including the elderly and indigent. By managing and operating these facilities, Qcfi Inc aims to address the needs of these groups, ensuring they receive the care and support they require. The nonprofit's mission is to contribute positively to the well-being of these individuals, providing them with a safe and nurturing environment where they can live with dignity and independence.

Qcfi Inc's operations are exemplified in its management of the Qcf Saxony Health Center LLC (57-1154705). This facility serves qualifying patients, demonstrating the nonprofit's commitment to providing healthcare services and housing solutions for those in need. Through its various initiatives, Qcfi Inc plays a crucial role in enhancing the quality of life for many individuals, particularly the elderly and indigent.

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Impact




October, 2024

Qcfi Inc plays a crucial role in enhancing healthcare accessibility and quality for vulnerable populations in Houston, Texas. By focusing on the development, acquisition, ownership, and operation of various healthcare and living facilities—such as hospitals, nursing care facilities, assisted living, memory care, and personal care homes—Qcfi Inc addresses the critical needs of the elderly and low to moderate-income individuals.

The organization's impact extends to providing essential services that promote well-being, dignity, and support for those who may otherwise struggle to access adequate care. By operating facilities like the QCF Saxony Health Center, Qcfi Inc ensures that qualifying patients receive the necessary medical attention and assistance, reinforcing the importance of compassionate care in the community.

Additionally, through its focus on low and moderate-income housing, Qcfi Inc contributes to improving the overall quality of life for the elderly and indigent, creating a network of support that fosters a sense of community. The use of tax-exempt bond financing further enables the organization to expand its services and facilities, ensuring sustainable operations and long-term impacts.

Overall, Qcfi Inc is instrumental in bridging healthcare gaps, driving community health initiatives, and advocating for vulnerable populations, thereby making a significant and positive difference in the lives of many.




This information is meant to be a general summary of Qcfi 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.

Revenue
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    1998

    Principal Officer

    Richard T Needham

    Main Address

    3501 RICE BLVD, HOUSTON, TX, 77005

    NTEE Category

    Code: P750 - Human services

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