Overview
What is Cmh Ii Holding Co?
Cmh Ii Holding Co is a nonprofit organization situated in Prince Frederick, Maryland. Its primary purpose is to support and facilitate access to healthcare, medical, and related services by holding title to and renting out property on behalf of its parent organization, Calvert Health System, Inc. This organization, along with CalvertHealth Medical Center, enjoys tax-exempt status under Section 501(A) of the Internal Revenue Code as organizations described in Section 501(C)(3). The corporation collects income from renting out property and distributes it to Calvert Health System, Inc., with the condition that it continues to qualify for this tax-exempt status.
Official website here: www.calverthealthmedicine.org
Is Cmh Ii Holding Co legitimate?
Cmh Ii Holding Co is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cmh Ii Holding Co 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.calverthealthmedicine.org
What is the mission statement of Cmh Ii Holding Co?
Cmh Ii Holding Co is established with a specific purpose. It operates solely to manage property on behalf of its parent organization, Calvert Health System, Inc., supporting CalvertHealth Medical Center. This corporation collects income from the property and transfers it to Calvert Health System, Inc., subject to certain conditions. The organization is exempt from federal income tax as it falls under Section 501(C)(3) of the Internal Revenue Code, and it continues to perform this function as long as it maintains this tax-exempt status. In essence, Cmh Ii Holding Co serves as a financial intermediary, managing property and income for the benefit of its parent organization.
Official website here: www.calverthealthmedicine.org
Who is the CEO of Cmh Ii Holding Co?
Dean Teague is the President & Ceo of Cmh Ii Holding Co. The CEO's salary of Cmh Ii Holding Co is $0 and their total compensation is $1,166,460.
Official website here: www.calverthealthmedicine.org
What is the revenue of Cmh Ii Holding Co?
Cmh Ii Holding Co's revenue in 2022 was $12,889.
Official website here: www.calverthealthmedicine.org
Who are the executives of Cmh Ii Holding Co and what are their salaries?
Here are 6 key members and their salaries (Cmh Ii Holding Co's CEO's salary is $0 and their total compensation is $1,166,460):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,009,827
- Other: $156,633
- Compensation: $0
- Related: $544,735
- Other: $62,088
Official website here: www.calverthealthmedicine.org
Where can I find the form 990 for Cmh Ii Holding Co?
Cmh Ii Holding Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.calverthealthmedicine.org
Learn more at the official website: www.calverthealthmedicine.org
Mission Statement of Cmh Ii Holding Co
Cmh Ii Holding Co is established with a sole purpose and commitment. Its mission is to serve as a supportive entity for its parent organization, Calvert Health System, Inc., and CalverHealth Medical Center, both of which are exempt from federal income tax under Section 501(a) of the Internal Revenue Code, as organizations described in Section 501(c)(3) of the same code. The corporation's role is twofold. Firstly, it holds title to real, personal, and intangible property on behalf of its parent organization, aiding in the support of CalverHealth Medical Center. Secondly, it collects income and remits it to Calvert Health System, Inc., after deducting expenses. However, this remittance of income is contingent on Cmh Ii Holding Co continuing to qualify for exemption from federal income tax under Section 501(a) of the code as an organization described in Section 501(c)(3) of the code. In essence, Cmh Ii Holding Co acts as a fiscal agent, managing property and finances on behalf of its parent organization, Calvert Health System, Inc., to support CalverHealth Medical Center, all while maintaining its own tax-exempt status.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cmh II Holding Co significantly contributes to the healthcare landscape by managing and supporting the operations of Calvert Health System, Inc. and CalvertHealth Medical Center. By holding title to real, personal, and intangible property, the organization facilitates the growth and maintenance of healthcare facilities that are essential for serving the community.
Its role in collecting income from these properties and remitting it to its parent organization ensures a continuous flow of resources to support medical services. This financial backing is crucial for maintaining and enhancing healthcare access and quality for the communities it serves, ultimately contributing to better health outcomes and improved community welfare.
Additionally, Cmh II Holding Co’s focus on real estate management forms a vital foundation for the infrastructure that supports a range of medical and related services. This operational framework not only encourages efficiency within Calvert Health System but also reinforces the overall mission of improving community health and access to vital healthcare services.
This information is meant to be a general summary of Cmh Ii Holding Co. 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.
- Gross Receipts: $13,288
Assets and Liabilities:
- Total Assets: $528,070
- Total Liabilities: $0
- Net Assets: $528,070
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1999
Phone
(410) 535-4000Principal Officer
Dean Teague
Main Address
100 HOSPITAL ROAD, PRINCE FREDERICK, MD, 20678
NTEE Category
Code: S47 - Community improvement
If you are a representative of Cmh Ii Holding Co and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.