Overview
What is Hellenic American Care Foundation Inc?
The Hellenic American Care Foundation Inc is a nonprofit organization situated in Wheeling, Illinois. It is renowned for owning a 188-unit rehabilitation facility, which it leases to Greek American Rehabilitation and Care Center (GARCC), a tax-exempt organization. The Foundation's primary role is to manage the property, providing a space for GARCC to operate and deliver its rehabilitation services. This partnership aims to support individuals in need of rehabilitation services, contributing to their overall well-being.
Is Hellenic American Care Foundation Inc legitimate?
Hellenic American Care Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Hellenic American Care Foundation 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
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What is the mission statement of Hellenic American Care Foundation Inc?
The Hellenic American Care Foundation Inc. primarily serves as a property owner, leasing its facilities to Greek American Rehabilitation and Care Center (GARCC). In this capacity, the foundation helps provide rehabilitation services to its users. While the mission statement is not explicitly stated in the provided data, it can be inferred that the Hellenic American Care Foundation Inc. aims to support health and rehabilitation services through its property lease agreement with GARCC. The foundation's activities contribute to the overall well-being of individuals in need of rehabilitation care.
Who is the CEO of Hellenic American Care Foundation Inc?
Peter Karahalios is the Secretary of Hellenic American Care Foundation Inc.
What is the revenue of Hellenic American Care Foundation Inc?
Hellenic American Care Foundation Inc's revenue in 2022 was $751,558.
Who are the executives of Hellenic American Care Foundation Inc and what are their salaries?
There 11 volunteers at Hellenic American Care Foundation Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Hellenic American Care Foundation Inc?
Hellenic American Care Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hellenic American Care Foundation Inc
The Hellenic American Care Foundation, as stated, owns a property and leases its operations to Greek American Rehabilitation and Care Center (GARCC), a tax-exempt organization. This action by the Hellenic American Care Foundation allows GARCC to operate a 188-unit rehabilitation facility, providing essential services to its clients. By owning the property and leasing it to GARCC, the Hellenic American Care Foundation plays a crucial role in supporting the rehabilitation center's operations, thereby contributing to the well-being of individuals in need of rehabilitation services.
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Impact
October, 2024
Hellenic American Care Foundation Inc plays a vital role in the community by owning and managing a 188-unit rehabilitation facility in Wheeling, Illinois. By leasing this property to the Greek American Rehabilitation and Care Center (GARCC), it facilitates access to essential rehabilitation and care services for individuals in need. This arrangement not only supports the operational needs of GARCC but also ensures that quality care is available to the Greek American community and beyond.
The foundation's impact extends to community improvement, fostering a supportive environment for rehabilitation. By providing infrastructure that houses vital healthcare services, it contributes significantly to the well-being of residents and enhances the quality of life for those receiving care. The partnership between Hellenic American Care Foundation Inc and GARCC is essential in addressing the healthcare needs of the community, showcasing a commitment to service and support for vulnerable populations.
This information is meant to be a general summary of Hellenic American Care Foundation 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: $138
- Program Service Revenue: $751,420
- Gross Receipts: $751,558
Assets and Liabilities:
- Total Assets: $7,502,028
- Total Liabilities: $9,649,552
- Net Assets: -$2,147,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$751,420
Organization Details
Founding Year
2012
Phone
(847) 459-8700Principal Officer
Peter Karahalios
Main Address
220 FIRST STREET, WHEELING, IL, 60090
NTEE Category
Code: S47 - Community improvement
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