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Erie Title Holding Company

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

EIN: 465259444 ✦ Chicago, IL ✦ Designated as a 501(c)(2)

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Overview

What is Erie Title Holding Company?

Erie Title Holding Company is a title holding entity, specifically established by the Erie Family Health Center (EFHC). Its primary objective is to acquire a land and an existing building currently owned by EFHC, secure low-interest funds, and facilitate the building's rehabilitation. The renovated facility will then be leased back to EFHC, allowing them to operate a community health center. This organization serves as an instrumental tool in supporting the growth and expansion of EFHC's healthcare services.


Official website here: www.eriefamilyhealth.org

Is Erie Title Holding Company legitimate?

Erie Title Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. Erie Title Holding Company 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.eriefamilyhealth.org

What is the mission statement of Erie Title Holding Company?

The Erie Title Holding Company was established by the Erie Family Health Center (EFHC) with the primary objective of serving as a title-holding entity for the health center. Its sole mission is to carry out specific tasks on behalf of EFHC. These tasks include acquiring land and an existing building currently owned by EFHC, securing low-interest funds, and contracting for the rehabilitation of the building. Subsequently, the company leases the facilities back to EFHC for use as a community health center. The company's role is essential in facilitating the renovation and continued operation of the Erie Family Health Center.


Official website here: www.eriefamilyhealth.org

Who is the CEO of Erie Title Holding Company?

Unavailable The CEO's salary of Erie Title Holding Company is $0 and their total compensation is $446,389.


Official website here: www.eriefamilyhealth.org

What is the revenue of Erie Title Holding Company?

Erie Title Holding Company's revenue in 2022 was $0.


Official website here: www.eriefamilyhealth.org

Who are the executives of Erie Title Holding Company and what are their salaries?

There 2 volunteers at Erie Title Holding Company.


Here are 6 key members and their salaries (Erie Title Holding Company's CEO's salary is $0 and their total compensation is $446,389):


Amy Valukas (Secretary)
  • Compensation: $0
  • Related: $251,129
  • Other: $49,688
David C Bruce (Treasurer)
  • Compensation: $0
  • Related: $292,977
  • Other: $45,749
Lee Francis (President & Ceo)
  • Compensation: $0
  • Related: $411,437
  • Other: $34,952
Darryl Tom (Director (Thru Dec 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Bock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalie Alicea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eriefamilyhealth.org

Where can I find the form 990 for Erie Title Holding Company?

Erie Title Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eriefamilyhealth.org

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

Mission Statement of Erie Title Holding Company

Erie Title Holding Company, established by the Erie Family Health Center (EFHC), serves as a title holding entity with a singular purpose. This purpose is threefold: firstly, to acquire land and an existing building currently owned by EFHC. Secondly, to secure low-interest funds and contract for the rehabilitation of the building. Lastly, to lease the facilities back to EFHC for use as a community health center. Essentially, Erie Title Holding Company's role is to facilitate the acquisition and renovation of a property, enabling EFHC to continue its operations as a community health center. This operation supports the overall mission of EFHC in providing healthcare services to the community.

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Impact




October, 2024

Erie Title Holding Company plays a crucial role in supporting the Erie Family Health Center (EFHC) by managing real estate assets essential for the health center's operations. Its primary activities include acquiring land and existing buildings, securing low-interest financing for rehabilitation projects, and leasing these facilities back to EFHC. This structure allows EFHC to focus on delivering critical healthcare services to the community while ensuring that the buildings used for these services are maintained and developed properly.

By streamlining the ownership and management of real estate, Erie Title Holding Company enables EFHC to minimize financial burdens, thereby maximizing resources that can be devoted to patient care and community health initiatives. The impact of Erie Title Holding Company extends beyond mere property management; it is a strategic partner in enhancing the quality and accessibility of healthcare services in Chicago.




This information is meant to be a general summary of Erie Title Holding Company. 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
$0 (2022)
Expenses
$183,343 (2022)
Efficiency

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: $6,483,208
    • Total Liabilities: $9,460,199
    • Net Assets: -$2,976,991

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    Organization Details

    Founding Year

    2014

    Main Address

    1701 W Superior Street, Chicago, IL, 60622

    NTEE Category

    Code: E02 - Health

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