Overview
What is Shelby County Health Care Properties Inc?
Shelby County Health Care Properties Inc is a nonprofit organization primarily focused on property management. Its sole purpose is to own and lease the real estate and fixed improvements that make up the indigent and acute care hospital known as Regional One Health, situated in Memphis, Tennessee. Although the organization was dissolved during the year in question, its assets were transferred to the parent organization, Shelby County Health Care Corporation, a 501(c)(3) entity. The organization's role primarily involves ensuring the hospital's property-related affairs are in order.
Is Shelby County Health Care Properties Inc legitimate?
Shelby County Health Care Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Shelby County Health Care Properties 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 Shelby County Health Care Properties Inc?
Shelby County Health Care Properties Inc's primary function is to own and lease the real estate and facilities that make up the indigent and acute care hospital known as Regional One Health. Although the organization was dissolved during the year, its assets were distributed to the parent organization, Shelby County Health Care Corporation, as per its governing documents. Prior to its dissolution, the company's sole purpose was to manage the property and improvements of Regional One Health, providing essential healthcare services to the community. While Shelby County Health Care Properties Inc does not have a traditional mission statement in the sense of promoting a cause or goal beyond property management, its role in maintaining the operation of a vital healthcare facility serves a significant community need.
Who is the CEO of Shelby County Health Care Properties Inc?
James Proctor is the President And Director of Shelby County Health Care Properties Inc.
What is the revenue of Shelby County Health Care Properties Inc?
Shelby County Health Care Properties Inc's revenue in 2021 was $0.
Who are the executives of Shelby County Health Care Properties Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $1,195,009
- Other: $38,908
- Compensation: $0
- Related: $728,858
- Other: $62,139
- Compensation: $0
- Related: $425,771
- Other: $28,916
Where can I find the form 990 for Shelby County Health Care Properties Inc?
Shelby County Health Care Properties Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Shelby County Health Care Properties Inc
Shelby County Health Care Properties Inc is an organization with a singular purpose. Its mission is to hold the title to and lease the real property and fixed improvements that make up the indigent and acute care hospital known as Regional One Health, which is situated in an unspecified location. The organization's role is crucial in ensuring the continuity of services provided by Regional One Health, which caters to individuals in need of indigent and acute care.
During the tax year, Shelby County Health Care Properties Inc underwent dissolution, and all its assets were distributed to its parent organization, Shelby County Health Care Corporation, a 501(c)(3) nonprofit organization. This move further reinforces the commitment of Shelby County Health Care Properties Inc to its mission, even in the face of organizational changes. The organization's actions demonstrate its dedication to the provision of healthcare services, leveraging its unique role as a property holder and lessor to support the operation of Regional One Health.
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Impact
October, 2024
Shelby County Health Care Properties Inc plays a vital role in supporting the healthcare infrastructure in Memphis, Tennessee, primarily by holding title to and leasing the real estate that houses Regional One Health, an important facility providing acute and indigent care. This ensures that essential healthcare services are accessible to underserved populations in the region, thereby contributing significantly to community health and welfare.
The organization’s impact is reflected in its direct connection to Regional One Health, a key institution for addressing critical healthcare needs in the area. By managing the property and facilities, Shelby County Health Care Properties Inc enables the delivery of vital medical services, enhancing the overall capacity and capability of the local healthcare system.
Moreover, the recent dissolution of Shelby County Health Care Properties Inc and the transfer of its assets to Shelby County Health Care Corporation indicate a strategic consolidation of resources aimed at improving efficiency and effectiveness in healthcare delivery. This transition emphasizes the importance of collaborative efforts in ensuring that healthcare facilities can continue to serve the community's needs effectively, further solidifying the organization’s impact on community improvement and well-being.
This information is meant to be a general summary of Shelby County Health Care Properties 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2013
Phone
(901) 545-8254Principal Officer
James Proctor
Main Address
877 JEFFERSON AVENUE, MEMPHIS, TN, 38103
NTEE Category
Code: S47 - Community improvement
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