Overview
What is Hrh Real Estate Holding Company Inc?
Hrh Real Estate Holding Company Inc is a nonprofit organization based in Danville, Indiana, with an address at 1000 E Main St. Their primary role is to hold title to and maintain real estate owned by Hendricks Regional Hospital. This real estate is utilized to uphold the hospital's exempt purpose and provide philanthropic support. Additionally, the company plays an oversight role in managing the hospital's operations, ensuring the hospital's mission is carried out effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Hrh Real Estate Holding Company Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The overall rating of 94% is entirely derived from their Accountability & Finance score, indicating a well-managed organization with transparent financial practices.
The organization demonstrates excellent governance, with an entirely independent board comprising four members, and has no material diversion of assets. Additionally, it has implemented robust policies regarding conflicts of interest, whistleblower protections, and document management, all of which contribute to its strong rating in accountability.
The program expense ratio stands at an impressive 100%, suggesting that all of its expenditures are directed towards its programs, which reinforces its commitment to its mission. However, while the organization shows strong financial metrics and governance practices, there are no specific details provided about the programs or services it offers, which could offer a fuller picture of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Hrh Real Estate Holding Company Inc legitimate?
Hrh Real Estate Holding Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hrh Real Estate Holding Company 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 Hrh Real Estate Holding Company Inc?
Hrh Real Estate Holding Company Inc's mission is centered around holding and maintaining real estate property owned by Hendricks Regional Hospital. This property is utilized to serve the hospital's exempt purpose. Additionally, the real estate holding company provides philanthropic support and oversees the operations of the hospital. The company's primary role is to ensure the hospital's mission is carried out effectively while offering philanthropic aid.
Who is the CEO of Hrh Real Estate Holding Company Inc?
Kelli Waggoner is the Principal Officer of Hrh Real Estate Holding Company Inc.
What is the revenue of Hrh Real Estate Holding Company Inc?
Hrh Real Estate Holding Company Inc's revenue in 2022 was $0.
Who are the executives of Hrh Real Estate Holding Company Inc and what are their salaries?
There 4 volunteers at Hrh Real Estate Holding Company Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $7,130
- Other: $0
- Compensation: $0
- Related: $6,000
- Other: $0
- Compensation: $0
- Related: $6,000
- Other: $0
- Compensation: $0
- Related: $5,769
- Other: $0
Where can I find the form 990 for Hrh Real Estate Holding Company Inc?
Hrh Real Estate Holding Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hrh Real Estate Holding Company Inc
Hrh Real Estate Holding Company Inc, as the name suggests, is tasked with holding the title to and maintaining real estate that belongs to Hendricks Regional Hospital and is used to uphold the hospital's exempt purposes. Beyond this, the company also provides philanthropic support and oversees the hospital's operations. In essence, Hrh Real Estate Holding Company Inc serves as a supportive entity, helping Hendricks Regional Hospital fulfill its mission while also offering financial and operational assistance.
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Impact
October, 2024
Hrh Real Estate Holding Company Inc plays a crucial role in supporting Hendricks Regional Hospital by managing and maintaining the real estate assets owned by the hospital. This ensures that the facilities necessary for delivering healthcare services are preserved and utilized in alignment with the hospital's mission. Additionally, the company provides philanthropic support, enhancing the operational capabilities of the hospital and contributing to its community health objectives. By overseeing the real estate operations, Hrh Real Estate Holding Company Inc helps create a stable foundation for the hospital's functions, facilitating better service delivery to the community in Danville, Indiana.
This information is meant to be a general summary of Hrh Real Estate Holding Company 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 2022.
Assets and Liabilities:
- Total Assets: $6,659,494
- Total Liabilities: $0
- Net Assets: $6,659,494
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Organization Details
Founding Year
2015
Phone
(317) 745-3786Principal Officer
Kelli Waggoner
Main Address
1000 E MAIN ST, DANVILLE, IN, 46122
NTEE Category
Code: E19 - Health
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