Overview
What is Healy-Murphy Support Inc?
Healy-Murphy Support Inc is a nonprofit organization primarily focused on supporting the Healy-Murphy Center, Inc. based in San Antonio, Texas. The organization operates as a Qualified Active Low-Income Community Business (QALICB), owning land on the Healy-Murphy Center campus. New Market Tax Credit funding enabled the construction of a new Healy-Murphy Child Development Center, which the organization will renovate and provide to further the mission of the Healy-Murphy Center, Inc. The organization operates exclusively for the benefit of this center, contributing to its overall mission.
Is Healy-Murphy Support Inc legitimate?
Healy-Murphy Support Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healy-Murphy Support 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Healy-Murphy Support Inc?
Healy-Murphy Support Inc operates with the sole purpose of benefiting Healy-Murphy Center Inc. It functions as a Qualified Active Low-Income Community Business (QALICB), owning land on the Healy-Murphy Center campus. The primary goal of Healy-Murphy Support Inc is to provide a renovated campus, funded by New Market Tax Credits, to further the mission of Healy-Murphy Center Inc. This mission involves serving the community, likely focusing on social services or community development, as Healy-Murphy Center Inc is known for its work in these areas. The exact nature of the mission is not specified in the provided information.
What is the revenue of Healy-Murphy Support Inc?
Healy-Murphy Support Inc's revenue in 2024 was $50,313.
Who are the executives of Healy-Murphy Support Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Healy-Murphy Support Inc?
Healy-Murphy Support Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Healy-Murphy Support Inc
Healy-Murphy Support Inc is an organization that operates solely for the benefit of Healy-Murphy Center, Inc. Acting as a Qualified Active Low-Income Community Business (QALICB), it owns land on the Healy-Murphy Center campus. Its primary mission is to provide the renovated campus to further the mission of Healy-Murphy Center, Inc. This mission involves supporting the center's endeavors to improve the lives of those in need.
The financing for this project came from New Market Tax Credits, which enabled the construction of the new Healy Murphy Child Development Center. This center is a significant addition to Healy-Murphy Center's services, providing a space for child development and growth. Healy-Murphy Support Inc's role in this process is crucial, as it enables the center to expand its offerings and better serve its community.
In essence, Healy-Murphy Support Inc is a vital partner in the Healy-Murphy Center's mission. By providing the necessary funding and resources, it allows the center to continue its work in supporting those in need, particularly through its child development programs.
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Impact
October, 2024
Healy-Murphy Support Inc significantly contributes to the educational landscape in San Antonio by enhancing the facilities of the Healy-Murphy Center, Inc. As a Qualified Active Low-Income Community Business, it is dedicated to providing renovated educational spaces that support the mission of the Center. The recent development of the Healy Murphy Child Development Center, funded through New Market Tax Credits, exemplifies this commitment. By improving campus facilities, Healy-Murphy Support Inc not only fosters a conducive learning environment but also ensures that educational resources are accessible to low-income communities. This initiative plays a crucial role in breaking barriers to quality education and supporting holistic childhood development in the region.
This information is meant to be a general summary of Healy-Murphy Support 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 2024.
- Investment Income: $1,313
- Gross Receipts: $50,313
Assets and Liabilities:
- Total Assets: $5,810,327
- Total Liabilities: $5,880,000
- Net Assets: -$69,673
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Organization Details
Founding Year
2011
Principal Officer
Douglas J Watson
NTEE Category
Code: B112 - Education
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