Overview
What is Apopka Health Care Properties Inc?
Apopka Health Care Properties Inc is a nonprofit organization based in Altamonte Springs, Florida, with an address at 900 Hope Way, ZIP code 32714. Their primary activity involves leasing a nursing home facility to provide housing and medical care to its elderly residents. The organization supports the nursing home's operation in a charitable manner, working in collaboration with a related tax-exempt entity. This lessor organization is part of the Adventist Health System Sunbelt Healthcare Corporation, which was established by the Seventh-Day Adventist Church. The mission of this healthcare system, including Apopka Health Care Properties Inc, is to extend the healing ministry of Christ, delivering comprehensive and best-practice healthcare services with a focus on the well-being of their employees, communities, healthcare professionals, and patients.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Apopka Health Care Properties Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With an overall score of 79%, the organization demonstrates a commendable commitment to its financial practices, which are evaluated based on transparency and adherence to best practices. The score is derived entirely from its accountability and finance measures, indicating a focused approach to these critical areas.
The organization excels in various aspects of financial governance. It has achieved full points for its audit and oversight committee, absence of material diversion of assets, and the presence of necessary policies such as conflict of interest and whistleblower protections. Additionally, their low liabilities to assets ratio signifies prudent financial management, while a high program expense ratio of 87.45% indicates that the majority of its funds are directed towards programmatic activities rather than administrative costs.
While the rating is positive, it is essential to recognize that the score is based solely on one area, which may limit a comprehensive view of the organization's overall impact. Future evaluations could benefit from a broader analysis that includes program effectiveness and community feedback to paint a fuller picture of Apopka Health Care Properties Inc's contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Apopka Health Care Properties Inc legitimate?
Apopka Health Care Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apopka 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 Apopka Health Care Properties Inc?
Apopka Health Care Properties Inc, associated with Adventist Health System Sunbelt Healthcare Corporation, has a mission centered around extending the healing ministry of Christ. The organization aims to be widely respected as a consumer-focused entity, engaging individuals in their health by delivering comprehensive, best-practice care across various healthcare services. They strive to nurture their employees, communities, healthcare professionals, and patients, following the example set by Christ. The main healthcare provider under their parent company, Adventist Health System Sunbelt Healthcare Corporation, is known as AdventHealth. This organization operates a nursing home facility, with Apopka Health Care Properties Inc leasing the facility to a tax-exempt lessee, in line with their mission.
What is the revenue of Apopka Health Care Properties Inc?
Apopka Health Care Properties Inc's revenue in 2024 was -$12,619.
Who are the executives of Apopka Health Care Properties Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $1,226,531
- Other: $167,645
- Compensation: $0
- Related: $754,129
- Other: $92,403
- Compensation: $0
- Related: $659,382
- Other: $65,091
- Compensation: $0
- Related: $473,463
- Other: $53,861
- Compensation: $0
- Related: $271,855
- Other: $38,507
- Compensation: $0
- Related: $253,503
- Other: $0
Where can I find the form 990 for Apopka Health Care Properties Inc?
Apopka Health Care Properties Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Apopka Health Care Properties Inc
Apopka Health Care Properties Inc, as a subsidiary of Adventist Health System Sunbelt Healthcare Corporation, established by the Seventh-Day Adventist Church, is committed to extending the healing ministry of Christ. This mission is carried out by supporting a nursing home facility and engaging in activities that align with this Christian-based approach. The organization's parent entity, AdventHealth, is widely respected for its consumer-focused approach, aiming to engage individuals in their health. They deliver best-practice care across a comprehensive continuum of services, with a goal to nurture and care for their employees, communities, healthcare professionals, and patients. Through its leasing activities, Apopka Health Care Properties Inc contributes to this overall mission, supporting the related tax-exempt lessee in providing healthcare services.
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Impact
July, 2024
Apopka Health Care Properties Inc's impact is centered around providing housing and medical care to elderly residents through the lease of a nursing home facility. The organization supports the lessee in operating the facility in a charitable manner, aiming to extend the healing ministry of Christ as part of Adventist Health System Sunbelt Healthcare Corporation's mission. By engaging in this activity, Apopka Health Care Properties Inc contributes to the provision of wholistic, best-practice care to individuals in need of healthcare services.
This information is meant to be a general summary of Apopka 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 2024.
- Investment Income: $3,056
- Program Service Revenue: $840,750
- Gross Receipts: $848,120
Assets and Liabilities:
- Total Assets: $1,574,330
- Total Liabilities: $9,472
- Net Assets: $1,564,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent from Exempt Affil
Revenue
$840,750
Organization Details
Founding Year
2006
Principal Officer
David Rodman
NTEE Category
Code: E91 - Health
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