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Rosedale Office Building Inc

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

EIN: 460866421 ✦ Fort worth, TX ✦ Designated as a 501(c)(2)

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Overview

What is Rosedale Office Building Inc?

Rosedale Office Building Inc is a corporation established to manage real and personal property associated with the mission of Cook Children's Health Foundation and its subsidiaries. Located in Fort Worth, Texas, this organization primarily serves as a title holder for properties essential to the operations of Cook Children's Health Care System. The building houses administrative offices and related activities, contributing to the overall mission of the foundation. Initially formed with a focus on acquiring land eligible for the Federal New Market Tax Credit (NMTC) program, Rosedale Office Building Inc plays a vital role in supporting the healthcare system for children. As of November 5, 2020, Cook Children's exited the NMTC program, but Rosedale Office Building Inc continues to maintain its property-related responsibilities.


Official website here: www.cookchildrens.org

Is Rosedale Office Building Inc legitimate?

Rosedale Office Building Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rosedale Office Building 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cookchildrens.org

What is the mission statement of Rosedale Office Building Inc?

Rosedale Office Building Inc serves as a property holding entity for real and personal assets associated with Cook Children's Health Foundation and its subsidiaries. Its primary purpose is to support the mission of these organizations. The building is utilized for administrative offices and related activities in connection with the Cook Children's Health Care System. The corporation was established with the intention of acquiring certain land tracts, which qualified under the Federal New Market Tax Credit (NMTC) program. As of November 5, 2020, Cook Children's exited the NMTC program. Though Rosedale Office Building Inc itself does not have a mission statement, its role is to contribute to the advancement of the mission of Cook Children's Health Foundation and its subsidiaries.


Official website here: www.cookchildrens.org

Who is the CEO of Rosedale Office Building Inc?

Rick W Merrill is the President & Ceo of Rosedale Office Building Inc. The CEO's salary of Rosedale Office Building Inc is $0 and their total compensation is $2,663,388.


Official website here: www.cookchildrens.org

What is the revenue of Rosedale Office Building Inc?

Rosedale Office Building Inc's revenue in 2022 was $2,316,032.


Official website here: www.cookchildrens.org

Who are the executives of Rosedale Office Building Inc and what are their salaries?

There 3 volunteers at Rosedale Office Building Inc.


Here are 8 key members and their salaries (Rosedale Office Building Inc's CEO's salary is $0 and their total compensation is $2,663,388):


Rick W Merrill (President & Ceo)
  • Compensation: $0
  • Related: $2,407,832
  • Other: $255,556
Stephen W Kimmel (Treasurer)
  • Compensation: $0
  • Related: $1,042,669
  • Other: $162,506
Spencer D Seals (Vp Construction & Real Estate)
  • Compensation: $0
  • Related: $376,149
  • Other: $86,425
Mary Cara Martz (Secretary)
  • Compensation: $0
  • Related: $169,553
  • Other: $23,484
Jerry R Conatser (Trustee - Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Dike End 0522 (Trustee - Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Russell Morton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter L Philpott (Trustee - Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cookchildrens.org

Where can I find the form 990 for Rosedale Office Building Inc?

Rosedale Office Building Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cookchildrens.org

Learn more at the official website: www.cookchildrens.org

Mission Statement of Rosedale Office Building Inc

Rosedale Office Building Inc, as a corporation, serves a unique purpose in supporting Cook Children's Health Foundation and its subsidiaries. Its mission is to hold title to real and personal property that is associated with the foundation's mission. This property is utilized for administrative offices and related activities in connection with the Cook Children's Health Care System. The corporation was formed with the intention of acquiring certain tracts of land, which qualified under the Federal New Market Tax Credit (NMTC) program. However, on November 5, 2020, Cook Children's exited the NMTC program. In essence, Rosedale Office Building Inc acts as a property holding entity for Cook Children's, supporting their mission and operations in various administrative capacities.

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Impact




October, 2024

Rosedale Office Building Inc plays a vital role in supporting the mission of Cook Children's Health Foundation and its subsidiaries. By holding title to real and personal property, it creates a stable infrastructure for administrative offices and related activities essential to the Cook Children's Health Care System. This organizational framework enables efficient management and operation of healthcare services, directly impacting the quality of care provided to the community.

The building facilitates essential administrative functions that help streamline processes and enhance service delivery within the health care system, which ultimately benefits families and children receiving care. Moreover, through its involvement in the Federal New Market Tax Credit (NMTC) Program, Rosedale Office Building Inc contributes to financial strategies that can further support community health initiatives.

By focusing on property management that aligns with health service operations, Rosedale Office Building Inc significantly contributes to the overall improvement of community health resources and access. Its presence in Fort Worth, Texas, reinforces a commitment to fostering a supportive environment for families, ensuring that the necessary administrative infrastructure is in place to uphold the mission of improved health outcomes for the community.




This information is meant to be a general summary of Rosedale Office Building 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.

Revenue
$2,316,032 (2022)
Expenses
$2,316,032 (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: $2,316,032
  • Gross Receipts: $2,316,032

Assets and Liabilities:

  • Total Assets: $32,408,604
  • Total Liabilities: $36,728
  • Net Assets: $32,371,876

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,712,998

EXPENSE REIMBURSEMENT FROM AFFILIATES

Revenue

$603,034

Organization Details

Founding Year

2012

Principal Officer

Rick W Merrill

Main Address

1500 W Rosedale, Fort Worth, TX, 76104

NTEE Category

Code: S47 - Community improvement

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