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George A And Angela G Paterakis Center Ltd

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

EIN: 474050597 ✦ Wheeling, IL ✦ Designated as a 501(c)(2)

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Overview

What is George A And Angela G Paterakis Center Ltd?

George A and Angela G Paterakis Center Ltd serves as a title-holding organization for the Greek American Health Services Foundation, a nonprofit entity with the primary objective of providing rehabilitation and long-term care services to the community. The center offers facilities support for the Greek American Rehabilitation & Care Center, a not-for-profit, state-of-the-art facility situated in the northwestern suburbs of Chicago, Illinois. This facility provides short-term rehabilitation, long-term care, vacation/respite care, hospice, and memory care, all delivered with respect, honor, and dignity. The relationship between the center and the foundation allows for financial support and shared administration, utilizing shared officers, directors, and trustees.

Is George A And Angela G Paterakis Center Ltd legitimate?

George A And Angela G Paterakis Center Ltd is a legitimate nonprofit organization registered as a 501(c)(2) entity. George A And Angela G Paterakis Center Ltd 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 George A And Angela G Paterakis Center Ltd?

The George A and Angela G Paterakis Center Ltd's mission is to provide supportive facilities for the Greek American Rehabilitation and Care Center. This center, located elsewhere, offers short-term rehabilitation, long-term care, vacation/respite care, hospice, and memory care services. The care provided is rooted in love, respect, honor, and dignity, ensuring that each individual receives the best possible care.

Who is the CEO of George A And Angela G Paterakis Center Ltd?

Peter Karahalios is the Garcc - Secretary of George A And Angela G Paterakis Center Ltd.

What is the revenue of George A And Angela G Paterakis Center Ltd?

George A And Angela G Paterakis Center Ltd's revenue in 2022 was $353.

Who are the executives of George A And Angela G Paterakis Center Ltd and what are their salaries?

There 1 volunteer at George A And Angela G Paterakis Center Ltd.


Here are 3 key members and their salaries:


Paula A Tolan-Francis Jd (Garcc - Secretary)
  • Compensation: $0
  • Related: $62,084
  • Other: $8,405
Eleni Bousis (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter G Karahalios Jd (Garcc - President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for George A And Angela G Paterakis Center Ltd?

George A And Angela G Paterakis Center Ltd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of George A And Angela G Paterakis Center Ltd

The George A and Angela G Paterakis Center Ltd is dedicated to providing essential facilities support for the Greek American Rehabilitation & Care Center. This not-for-profit organization's mission is centered around providing a state-of-the-art facility that offers short-term rehabilitation, long-term care, vacation/respite care, hospice, and memory care, all done with love, respect, honor, and dignity. The Greek American Rehabilitation and Care Center, under the support of the George A and Angela G Paterakis Center Ltd, aims to provide a comprehensive and compassionate environment for individuals in need of care, ensuring they receive the best possible treatment and support during challenging times.

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Impact




October, 2024

The George A And Angela G Paterakis Center Ltd plays a crucial role in supporting the Greek American Rehabilitation and Care Center, which offers essential rehabilitation and long-term care services to the community. By acting as a title-holding organization, the Paterakis Center ensures that the facility is well-equipped to provide high-quality care, including short-term rehabilitation, hospice, memory care, and respite services.

This support enables the center to maintain state-of-the-art facilities and to uphold a mission centered on delivering care with love, respect, honor, and dignity. The shared administration and resources between the Paterakis Center and the Greek American Health Services Foundation not only foster financial stability but also enhance operational efficiency, allowing the center to serve a diverse range of needs within the greater community. Through these efforts, the Paterakis Center significantly impacts the quality of life for many individuals and families seeking compassionate care in their times of need.




This information is meant to be a general summary of George A And Angela G Paterakis Center Ltd. 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
$353 (2022)
Expenses
$202,741 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $353
  • Gross Receipts: $353

Assets and Liabilities:

  • Total Assets: $1,313,501
  • Total Liabilities: $540,861
  • Net Assets: $772,640

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Organization Details

Founding Year

2015

Principal Officer

Peter Karahalios

Main Address

220 FIRST STREET, WHEELING, IL, 60090

NTEE Category

Code: L22 - Housing

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