Overview
What is Nhf Sub Luce?
Nhf Sub Luce is a nonprofit entity that leases out real estate to governmental agencies, primarily the district health department, with the intention of generating income. The organization holds the title to this property and utilizes the net income generated from these rentals to support the Northern Health Foundation, a recognized 501(c)3 organization. This arrangement allows Nhf Sub Luce to contribute financially to health-related initiatives through its rental income.
Is Nhf Sub Luce legitimate?
Nhf Sub Luce is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nhf Sub Luce submitted a form 990EZ, 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:
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What is the mission statement of Nhf Sub Luce?
Nhf Sub Luce does not have a traditional mission statement as a property rental entity. However, its primary objective is to generate income by leasing out real property to governmental agencies, specifically the district health department. The earnings from this rental activity are then transferred to the Northern Health Foundation, a non-profit organization under section 501(c)3. This financial contribution supports the Northern Health Foundation's initiatives and missions. While Nhf Sub Luce does not directly engage in social service activities, it indirectly contributes to the welfare sector through its income-generating activities.
What is the revenue of Nhf Sub Luce?
Nhf Sub Luce's revenue in 2024 was $30,250.
Who are the executives of Nhf Sub Luce and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Nhf Sub Luce?
Nhf Sub Luce's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Nhf Sub Luce
Nhf Sub Luce, a nonprofit organization, primarily engages in the rental of real estate to governmental agencies. Its primary objective is to generate income through this venture. The property in question is specifically leased to a district health department. The income generated from this rental activity is then transferred to the Northern Health Foundation, a section 501(c)3 organization. In essence, Nhf Sub Luce serves as a financial conduit, using its property holdings to support the operations of the Northern Health Foundation.
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Impact
October, 2024
Nhf Sub Luce significantly impacts the community by providing essential financial support to public health initiatives. By renting real property to governmental agencies, specifically the district health department, it creates a consistent revenue stream that enhances local health services. This arrangement ensures that the health department can operate effectively, ultimately improving health outcomes for residents. The net income generated from these rentals is channeled into the Northern Health Foundation, further bolstering community health programs and resources. Through its operations, Nhf Sub Luce plays a vital role in fostering community improvement and supporting public health efforts in Alpena, MI.
This information is meant to be a general summary of Nhf Sub Luce. 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 2024.
- Program Service Revenue: $30,250
- Gross Receipts: $30,250
Assets and Liabilities:
- Total Assets: $202,473
- Total Liabilities: $74,632
- Net Assets: $127,841
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Organization Details
Principal Officer
Steve Hall
NTEE Category
Code: S47 - Community improvement
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