Overview
What is Schc Property Corporation?
Schc Property Corporation serves as a supporting entity for Shasta Community Health Center (SCHC). Its primary role is to facilitate the development, financing, and ownership of clinic facilities and equipment for SCHC, thereby aiding in the delivery of healthcare services to its patients. Acting as a special purpose entity for New Market Tax Credits financing, Schc Property Corporation holds the real assets of SCHC, furthering the nonprofit's mission to enhance community health and wellbeing in Redding, California.
Official website here: www.shastahealth.org
Is Schc Property Corporation legitimate?
Schc Property Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schc Property Corporation 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.shastahealth.org
What is the mission statement of Schc Property Corporation?
Schc Property Corporation serves as a special-purpose entity, primarily focusing on New Market Tax Credits financing. Its primary objective is to support Shasta Community Health Center (SCHC) by managing the ownership and financing of their clinic facilities and equipment. This endeavor is aimed at ensuring the continued delivery of healthcare services to SCHC's patients. The corporation's role is integral to SCHC's charitable and educational activities, contributing to the organization's overall mission of improving community health.
Official website here: www.shastahealth.org
Who is the CEO of Schc Property Corporation?
C Dean Germano is the Chief Executive Officer of Schc Property Corporation. The CEO's salary of Schc Property Corporation is $0 and their total compensation is $416,942.
Official website here: www.shastahealth.org
What is the revenue of Schc Property Corporation?
Schc Property Corporation's revenue in 2022 was $1,198,024.
Official website here: www.shastahealth.org
Who are the executives of Schc Property Corporation and what are their salaries?
There 17 volunteers at Schc Property Corporation.
Here are 19 key members and their salaries (Schc Property Corporation's CEO's salary is $0 and their total compensation is $416,942):
- Compensation: $0
- Related: $350,336
- Other: $66,606
- Compensation: $0
- Related: $236,162
- Other: $17,800
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- Compensation: $0
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- Other: $0
Official website here: www.shastahealth.org
Where can I find the form 990 for Schc Property Corporation?
Schc Property Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shastahealth.org
Learn more at the official website: www.shastahealth.org
Mission Statement of Schc Property Corporation
Schc Property Corporation, as a special purpose entity, plays a crucial role in supporting Shasta Community Health Center (SCHC) by providing development, finance, and ownership of clinic facilities and equipment. This entity serves as a vessel for New Market Tax Credits financing, ensuring the real assets of SCHC are held securely. The ultimate aim of Schc Property Corporation is to bolster the charitable and educational activities of SCHC, benefiting the healthcare services they offer to their patients. By managing the infrastructure of SCHC's clinics, Schc Property Corporation enables SCHC to focus on delivering high-quality healthcare services to the community.
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Impact
October, 2024
Schc Property Corporation plays a vital role in enhancing healthcare access and quality in the community by developing, financing, and owning clinic facilities and equipment that support Shasta Community Health Center (SCHC). By managing real assets and facilitating financial support through mechanisms like New Market Tax Credits, the corporation sustains the infrastructure needed for SCHC to deliver crucial healthcare services to its patients in Redding, CA. This strategic approach not only bolsters the operational capacity of SCHC but also ensures the community benefits from improved healthcare resources, ultimately contributing to better health outcomes for residents.
This information is meant to be a general summary of Schc Property Corporation. 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: $349
- Program Service Revenue: $1,197,675
- Gross Receipts: $1,198,024
Assets and Liabilities:
- Total Assets: $13,834,982
- Total Liabilities: $10,177
- Net Assets: $13,824,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,197,675
Organization Details
Founding Year
2013
Phone
(530) 246-5710Principal Officer
C Dean Germano
Main Address
1035 PLACER ST, REDDING, CA, 96001
Website
www.shastahealth.orgNTEE Category
Code: E11 - Health
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