Nhf Sub Alger

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

EIN: 383209207 ✦ Alpena, MI ✦ Designated as a 501(c)(2)

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Overview

What is Nhf Sub Alger?

Nhf Sub Alger is a nonprofit organization that holds the title to a piece of real estate, which they lease to a local health department. This rental income is then transferred to Northern Health Foundation, the parent organization of Nhf Sub Alger, which is classified as a Section 501(c) 3 entity. Essentially, Nhf Sub Alger generates income from renting property to governmental agencies, thereby contributing financially to the broader health foundation.

Is Nhf Sub Alger legitimate?

Nhf Sub Alger is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nhf Sub Alger 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.

What is the mission statement of Nhf Sub Alger?

Nhf Sub Alger does not have a clearly defined mission statement as provided in the information. However, based on the activities described, it can be inferred that the organization primarily holds title to real estate and leases it to governmental agencies, specifically the district health department. The net income generated from these leases is then remitted to its parent organization, Northern Health Foundation, which is a section 501(c) 3 non-profit organization. Although not explicitly stated, this activity could be part of Nhf Sub Alger's mission to support the broader goals of its parent organization.

Who is the CEO of Nhf Sub Alger?

Steve Hall is the President of Nhf Sub Alger.

What is the revenue of Nhf Sub Alger?

Nhf Sub Alger's revenue in 2022 was $17,946.

Who are the executives of Nhf Sub Alger and what are their salaries?


Here are 3 key members and their salaries:


Steve Hall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Lopez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry A Losinski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Nhf Sub Alger?

Nhf Sub Alger's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Nhf Sub Alger

Nhf Sub Alger, as a nonprofit entity, holds the title to real estate that is leased to a district health department. The primary objective of Nhf Sub Alger is to collect the net income generated from this rental agreement and subsequently transfer it to its parent organization, Northern Health Foundation, which operates under the 501(c) 3 tax-exempt status. The core activity of Nhf Sub Alger revolves around the renting of real property to governmental agencies, particularly the district health department. This arrangement not only provides a source of income for Nhf Sub Alger but also contributes to the operation of essential health services provided by the health department.

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Impact




October, 2024

Nhf Sub Alger plays a crucial role in supporting community health initiatives in Alpena, MI, by providing essential real estate services. By holding title to property and renting it to the district health department, the organization facilitates access to vital health services for local residents. The net income generated from these rentals is remitted to the Northern Health Foundation, which further enhances healthcare resources and community welfare.

This model not only ensures the district health department has the facilities it needs to operate effectively, but it also creates a sustainable financial loop that benefits broader community health projects. Through these actions, Nhf Sub Alger directly contributes to enhancing the quality of life in the region, fostering improved health outcomes and overall community improvement.




This information is meant to be a general summary of Nhf Sub Alger. 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
$17,946 (2022)
Expenses
$12,870 (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: $17,946
  • Gross Receipts: $17,946

Assets and Liabilities:

  • Total Assets: $4,791
  • Total Liabilities: $9,860
  • Net Assets: -$5,069

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Organization Details

Principal Officer

Steve Hall

Main Address

8500 LONG RAPIDS ROAD, ALPENA, MI, 49707

NTEE Category

Code: S47 - Community improvement

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