Overview
What is Allen Medical Center Medical Office Building?
The Allen Medical Center Medical Office Building is a rental facility situated at 200 West Lorain Street, Oberlin, Ohio 44074. It primarily leases office and treatment areas to Mercy Health - Allen Hospital LLC (AMC), a not-for-profit organization under IRC Section 501(C)(3), its affiliated hospital, as well as physicians on its medical staff and various other health organizations. This arrangement aids in expanding the availability of healthcare services to the residents of Central Lorain County. The building's mission revolves around providing rental spaces to these entities, thereby contributing to the enhanced delivery of medical and surgical care for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Allen Medical Center Medical Office Building has achieved a high level of recognition with a 94% overall score, reflecting strong accountability and financial management practices. The organization’s score is derived solely from its accountability and finance metrics, demonstrating a robust commitment to transparency and responsible financial stewardship.
Key strengths include a fully independent board consisting of 11 members and an exemplary conflict of interest policy, which are crucial for maintaining governance integrity. The organization reports a low liabilities to assets ratio of 6.28% and an impressive program expense ratio of nearly 85%, indicating that the majority of its funding is directed towards fulfilling its mission rather than administrative costs.
While the data highlights strong financial practices and governance, it is important to consider that the score is based entirely on financial metrics. Future evaluations could benefit from additional insights into programmatic impact and effectiveness in achieving its mission, which are not covered in this financial overview.
This AI summary has been generated from information found on Charity Navigator.
Is Allen Medical Center Medical Office Building legitimate?
Allen Medical Center Medical Office Building is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen Medical Center Medical Office Building 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: $426
For more financial information, click here
What is the mission statement of Allen Medical Center Medical Office Building?
The Allen Medical Center Medical Office Building primarily serves as a facility that rents out office and treatment spaces to Mercy Health - Allen Hospital LLC, an affiliated non-profit organization under IRC Section 501(C)(3), as well as other healthcare organizations and physicians on its medical staff. This rental arrangement aids Mercy Health in delivering enhanced medical and surgical care to the community, thereby contributing to improved healthcare access for the citizens of Central Lorain County. The mission of the Allen Medical Center Medical Office Building can be summarized as providing vital space for healthcare providers and organizations, thereby facilitating the delivery of essential medical services to the community.
Who is the CEO of Allen Medical Center Medical Office Building?
Unavailable The CEO's salary of Allen Medical Center Medical Office Building is $0 and their total compensation is $411,214.
What is the revenue of Allen Medical Center Medical Office Building?
Allen Medical Center Medical Office Building's revenue in 2022 was $513,843.
Who are the executives of Allen Medical Center Medical Office Building and what are their salaries?
There 11 volunteers at Allen Medical Center Medical Office Building.
Here are 19 key members and their salaries (Allen Medical Center Medical Office Building's CEO's salary is $0 and their total compensation is $411,214):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $875,345
- Other: -$464,131
- Compensation: $0
- Related: $1,094,816
- Other: $285,617
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $571,586
- Other: $30,576
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,790,988
- Other: $45,892
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $523,162
- Other: $76,859
- Compensation: $0
- Related: $365,131
- Other: $27,298
- Compensation: $100,000
- Related: $0
- Other: $1,200
Where can I find the form 990 for Allen Medical Center Medical Office Building?
Allen Medical Center Medical Office Building's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allen Medical Center Medical Office Building
The Allen Medical Center Medical Office Building serves a vital role in facilitating access to healthcare services for the citizens of Central Lorain County. This mission-driven entity primarily operates by renting out office and treatment spaces to Mercy Health - Allen Hospital LLC, an affiliated not-for-profit 501(C)(3) hospital, as well as other healthcare organizations and physicians on its medical staff. By providing such rental services, the Allen Medical Center Medical Office Building aids Mercy Health - Allen Hospital LLC in offering improved medical and surgical care to the community. This collaboration ultimately contributes to enhancing the overall healthcare landscape and ensuring that residents of the region have access to essential medical services.
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Impact
July, 2024
The impact of Allen Medical Center Medical Office Building is crucial in providing access to healthcare services to the citizens of central Lorain County. By operating and renting office and treatment space to Mercy Health - Allen Hospital LLC and other health organizations, the building plays a significant role in facilitating improved medical and surgical care in the community. This helps ensure that residents have access to essential healthcare services while supporting the mission of providing quality care and promoting well-being.
This information is meant to be a general summary of Allen Medical Center Medical Office Building. 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: $513,843
- Gross Receipts: $513,843
Assets and Liabilities:
- Total Assets: $5,507,764
- Total Liabilities: $346,228
- Net Assets: $5,161,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM AFFILIATES
Revenue
$513,843
Organization Details
Founding Year
2002
Phone
(440) 776-7025Main Address
200 West Lorain Street, Oberlin, OH, 44074
NTEE Category
Code: E99 - Health
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