Overview
What is Health Systems Real Estate Inc?
Health Systems Real Estate Inc is a nonprofit organization headquartered at 110 Stone Brooke Drive, Gray, GA, 31032. They specialize in financing, acquiring, leasing, maintaining, and owning skilled nursing facilities and other real estate as an integral part of a comprehensive healthcare delivery system. The organization's mission revolves around providing essential services related to the healthcare sector by managing and owning related properties. With a workforce of 22 employees, Health Systems Real Estate Inc contributes to the healthcare industry through its unique approach to real estate management.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating) from Charity Navigator.
Health Systems Real Estate Inc has earned a strong reputation with a 94% rating, indicating a high level of accountability and financial health. The organization benefits from a fully independent board, which is crucial for unbiased governance and decision-making. Their commitment to transparency is reflected in their complete adherence to accountability measures, scoring full points in critical areas such as financial oversight and conflict of interest policies.
The nonprofit's financial practices are notable, particularly their impressive program expense ratio of 100%, suggesting that all funds are effectively dedicated to program services. This indicates a strong alignment with their mission and a lack of diversion of resources. Furthermore, their low liabilities to assets ratio of 20.72% enhances their financial stability, making them a reliable choice for potential donors and partners.
While the organization showcases numerous strengths in governance and financial management, no significant limitations have been noted in the available data, which suggests a well-managed and committed nonprofit. Overall, Health Systems Real Estate Inc stands out for its robust accountability framework and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Health Systems Real Estate Inc legitimate?
Health Systems Real Estate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Systems Real Estate 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: $548,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $814,910
For more financial information, click here
What is the mission statement of Health Systems Real Estate Inc?
Health Systems Real Estate Inc is dedicated to financing, acquiring, leasing, maintaining, and owning skilled nursing facilities and other real estate as part of an integrated healthcare delivery system. Through these actions, they contribute to the provision of comprehensive healthcare services. The company's mission aligns with the goal of combining real estate and healthcare operations to optimize care for individuals in need. Their extensive involvement in this sector allows them to make significant contributions to the integrated healthcare system, ultimately enhancing the quality of care available.
Who is the CEO of Health Systems Real Estate Inc?
Lorraine T Taylor is the President, D of Health Systems Real Estate Inc.
What is the revenue of Health Systems Real Estate Inc?
Health Systems Real Estate Inc's revenue in 2022 was $22,722,611.
Who are the executives of Health Systems Real Estate Inc and what are their salaries?
The average compensation at Health Systems Real Estate Inc during 2022 was $61,965. There are 22 employees at Health Systems Real Estate Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $838,638
- Other: $27,659
- Compensation: $0
- Related: $750,535
- Other: $24,499
- Compensation: $0
- Related: $278,269
- Other: $17,676
- Compensation: $233,970
- Related: $0
- Other: $19,522
- Compensation: $0
- Related: $209,153
- Other: $19,186
- Compensation: $0
- Related: $204,000
- Other: $0
- Compensation: $145,919
- Related: $0
- Other: $14,535
- Compensation: $121,821
- Related: $0
- Other: $12,653
- Compensation: $117,931
- Related: $0
- Other: $16,443
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
- Related: $24,000
- Other: $0
Where can I find the form 990 for Health Systems Real Estate Inc?
Health Systems Real Estate Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Health Systems Real Estate Inc
Health Systems Real Estate Inc, a key player in the healthcare sector, is dedicated to financing, acquiring, leasing, maintaining, and owning skilled nursing facilities and other real estate as part of an integrated healthcare delivery system. The organization's mission is twofold: it focuses on the financial and real estate aspects of healthcare, and it integrates these services into a comprehensive healthcare system.
By financing and acquiring skilled nursing facilities, Health Systems Real Estate Inc invests in the infrastructure that supports the delivery of essential healthcare services. Its commitment to leasing, maintaining, and owning these facilities ensures a stable and reliable environment for patients and healthcare providers. The organization's role as a developer is an essential aspect of its mission, as it contributes to the creation of new healthcare facilities and the expansion of existing ones.
In summary, Health Systems Real Estate Inc is a crucial contributor to the healthcare industry. Through its financial and real estate expertise, the organization facilitates the creation and maintenance of skilled nursing facilities as part of an integrated healthcare delivery system. This commitment to providing essential healthcare infrastructure allows patients and healthcare providers to focus on delivering quality care.
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Impact
October, 2024
Health Systems Real Estate Inc plays a critical role in enhancing the healthcare infrastructure by financing, acquiring, leasing, and maintaining skilled nursing facilities and other real estate assets. By integrating these properties into a comprehensive healthcare delivery system, the organization ensures that essential services are readily available to communities.
Its activities support the development of high-quality care environments, enabling better patient outcomes and improved accessibility to skilled nursing services. With a mission centered on maintaining and owning health-related properties, Health Systems Real Estate Inc contributes significantly to the sustainability and efficiency of healthcare delivery, ultimately supporting the well-being of individuals and communities in Gray, GA, and beyond.
This information is meant to be a general summary of Health Systems Real Estate 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 2022.
- Investment Income: $2,303,424
- Program Service Revenue: $20,419,187
- Gross Receipts: $22,722,611
Assets and Liabilities:
- Total Assets: $129,207,157
- Total Liabilities: $16,217,850
- Net Assets: $112,989,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUES
Revenue
$20,419,187
Organization Details
Founding Year
2003
Phone
(478) 621-2040Principal Officer
Lorraine T Taylor
Main Address
110 STONE BROOKE DRIVE, GRAY, GA, 31032
NTEE Category
Code: E90 - Health
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