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Omcns Medical Facilities Inc

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

EIN: 472642764 ✦ New orleans, LA ✦ Designated as a 501(c)(2)

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Overview

What is Omcns Medical Facilities Inc?

Omcns Medical Facilities Inc, based in New Orleans, Louisiana, is a company primarily engaged in managing and monetizing real estate assets for Ochsner Clinic Foundation, a related 501(c)(3) organization. They hold title to properties and handle real estate transactions on behalf of their supported organization. While they do not have a publicly declared mission statement, their primary role is to generate income through the management of two properties for the betterment of the supported organization.

Is Omcns Medical Facilities Inc legitimate?

Omcns Medical Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Omcns Medical Facilities 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

What is the mission statement of Omcns Medical Facilities Inc?

Omcns Medical Facilities Inc does not have a formally adopted mission statement on record. However, its primary activity involves holding title to real estate and conducting real estate transactions on behalf of Ochsner Clinic Foundation, a related 501(c)(3) corporation. This role supports the foundation's objectives, although the specific mission of Ochsner Clinic Foundation is not provided in the information provided. In essence, Omcns Medical Facilities Inc serves as a real estate facilitator for the foundation, contributing to its operations and initiatives.

Who is the CEO of Omcns Medical Facilities Inc?

Peter C November is the Director, Secretary of Omcns Medical Facilities Inc. The CEO's salary of Omcns Medical Facilities Inc is $0 and their total compensation is $9,938,052.

What is the revenue of Omcns Medical Facilities Inc?

Omcns Medical Facilities Inc's revenue in 2021 was $609,500.

Who are the executives of Omcns Medical Facilities Inc and what are their salaries?


Here are 4 key members and their salaries (Omcns Medical Facilities Inc's CEO's salary is $0 and their total compensation is $9,938,052):


Michael F Hulefeld (Director, Vice President)
  • Compensation: $0
  • Related: $2,201,605
  • Other: $305,687
Peter C November (Director, Secretary)
  • Compensation: $0
  • Related: $2,198,415
  • Other: $378,814
Scott J Posecai (Director, Treasurer)
  • Compensation: $0
  • Related: $3,619,506
  • Other: $565,951
Warner L Thomas (Director, President/Ceo)
  • Compensation: $0
  • Related: $9,155,980
  • Other: $782,072
Where can I find the form 990 for Omcns Medical Facilities Inc?

Omcns Medical Facilities Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Omcns Medical Facilities Inc

Omcns Medical Facilities Inc, as outlined in the provided information, does not have a formally adopted mission statement. However, its primary activity involves holding title to real estate and performing real estate transactions on behalf of Ochsner Clinic Foundation, a related 501(c)(3) corporation. This role suggests that Omcns Medical Facilities Inc supports the mission of Ochsner Clinic Foundation by managing and facilitating real estate transactions, thereby contributing to the foundation's objectives and operations.

In essence, Omcns Medical Facilities Inc functions as a real estate management entity, leveraging its resources to support the work of Ochsner Clinic Foundation. This role may involve acquiring, developing, leasing, financing, and collecting income from properties, ultimately contributing to the foundation's overall mission and objectives. Although the specific goals and objectives of Ochsner Clinic Foundation are not provided, the role of Omcns Medical Facilities Inc indicates a commitment to supporting the foundation's mission through real estate management and transactions.

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Impact




October, 2024

Omcns Medical Facilities Inc plays a crucial role in supporting healthcare infrastructure by owning, developing, and managing properties that benefit Ochsner Clinic Foundation. By holding real estate and facilitating transactions, the organization ensures that essential medical facilities are well-maintained and financially sustainable. This management of two properties not only supports healthcare services in New Orleans but also generates income that can enhance the overall operations of the associated clinic. Through these activities, Omcns contributes to community improvement and helps ensure that the healthcare needs of the region are adequately met.




This information is meant to be a general summary of Omcns Medical Facilities 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
$609,500 (2021)
Expenses
$468,179 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $609,500
  • Gross Receipts: $609,500

Assets and Liabilities:

  • Total Assets: $5,720,695
  • Total Liabilities: $4,700,811
  • Net Assets: $1,019,884

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Programs

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

RENT INC-SUPPORTED ORG

Revenue

$609,500

Organization Details

Founding Year

2014

Principal Officer

Peter C November

Main Address

1514 JEFFERSON HWY BH 546, NEW ORLEANS, LA, 70121

NTEE Category

Code: S47 - Community improvement

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