Overview
What is Mbp Facility Llc?
Mbp Facility Llc is a nonprofit organization primarily established to facilitate a collaborative mother-baby joint venture between Allina Health System and Children's Health Care. Situated in Minneapolis, Minnesota, its primary mission is to lease land, construct, own, and operate a hospital facility on the land, which is then leased to a contractual joint venture composed solely of public hospital members for public hospital use purposes. The mother-baby center, housed within this facility, integrates various maternal and newborn care units from both Allina Health System and Children's Health Care, providing centralized services and coordinated care for patients. Overall, Mbp Facility Llc serves to enhance and streamline healthcare services for mothers and newborns, benefiting both Allina Health System and Children's Health Care.
Is Mbp Facility Llc legitimate?
Mbp Facility Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mbp Facility Llc 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: $0
For more financial information, click here
What is the mission statement of Mbp Facility Llc?
Mbp Facility Llc is established with the primary objective of leasing land for a public hospital, constructing, owning, and operating a hospital facility on the leased land. This facility is then leased to a joint venture comprised solely of public hospital members for the purpose of public hospital use. The company, Mbp Facility Llc, operates exclusively for the benefit of and performs functions for Allina Health System and Children's Health Care, both nonprofit organizations dedicated to providing healthcare services. The majority of the company's activities involve leasing or managing property used by these members in line with their exempt purpose of delivering healthcare services.
Who is the CEO of Mbp Facility Llc?
David Joos is the Director/Officer of Mbp Facility Llc.
What is the revenue of Mbp Facility Llc?
Mbp Facility Llc's revenue in 2022 was $0.
Who are the executives of Mbp Facility Llc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $1,933,214
- Other: $4,018
- Compensation: $0
- Related: $1,935,831
- Other: $42,171
- Compensation: $0
- Related: $683,480
- Other: $131,013
Where can I find the form 990 for Mbp Facility Llc?
Mbp Facility Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mbp Facility Llc
Mbp Facility Llc, a limited liability company, is organized and operated primarily for the benefit of Allina Health System and Children's Health Care, two Minnesota-based nonprofit corporations. These organizations are classified under Section 501(c)(3) and 509(a)(1) of the Internal Revenue Code of 1986, which means they are dedicated to charitable and tax-exempt activities. The primary function of Mbp Facility Llc is to lease land, construct, own, and operate a hospital facility on this land. Subsequently, they lease this facility to a contractual joint venture composed solely of these two nonprofit members for public hospital use purposes. Essentially, Mbp Facility Llc serves as a facilitator, supporting these nonprofits in their mission to provide healthcare services.
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Impact
October, 2024
Mbp Facility LLC plays a critical role in enhancing maternal and pediatric healthcare services in Minneapolis, Minnesota. By leasing land and constructing a specialized hospital facility, it serves as a foundation for an integrated mother-baby care model. This facility consolidates services from Allina Health System's Abbott Northwestern Hospital and Children's Healthcare, providing coordinated care that improves outcomes for mothers and infants.
The collaborative nature of this facility enables a seamless experience for patients, as it integrates maternal assessment, labor and delivery, and intensive care units all in one location. This centralization of services not only streamlines healthcare delivery but also fosters a holistic approach to maternal and child health, effectively addressing both medical and emotional needs.
Through its focus on public hospital use, Mbp Facility LLC supports the mission of its member organizations, enhancing access to essential healthcare services for the community. The impact of this facility is significant as it not only supports the health of families but also strengthens the overall healthcare system in the region, ensuring that quality care is available where it is most needed.
This information is meant to be a general summary of Mbp Facility Llc. 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.
Assets and Liabilities:
- Total Assets: $31,540,427
- Total Liabilities: $0
- Net Assets: $31,540,427
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Organization Details
Founding Year
2010
Phone
(612) 262-0660Principal Officer
David Joos
Main Address
PO BOX 43 MR 10890, MINNEAPOLIS, MN, 554400043
NTEE Category
Code: E19 - Health
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