Overview
What is Shands Jacksonville Properties Inc?
Shands Jacksonville Properties Inc is a supporting organization situated in Jacksonville, Florida, with an address at 655 West 8th Street. Its primary function is to lease out the hospital building and essential equipment to Shands Jacksonville Medical Center, Inc. (SJMC), a nonprofit affiliate. The mission of Shands Jacksonville Properties Inc is to contribute to the provision of healthcare services and related facilities within the City of Jacksonville and surrounding areas, including Duval, Nassau, Clay, Baker, and St. Johns counties, as well as the broader "First Coast" region, by backing SJMC's operations.
Official website here: www.ufhealthjax.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning it a Two-Star out of Four Star rating.
Shands Jacksonville Properties Inc has a moderate rating of 62%, indicating some areas for improvement in its accountability and financial practices. While the organization has documented essential policies such as conflict of interest and whistleblower protections, it lacks independent board members, which is a significant factor in governance accountability.
The nonprofit reports a strong program expense ratio of 100%, suggesting that all of its funding is directed towards its programs, which is a positive indicator of its mission focus. However, the liabilities to assets ratio of 123.23% raises concerns about its financial health, indicating that the organization has more liabilities than assets. Furthermore, the absence of its tax form on the nonprofit's website may impact transparency and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Shands Jacksonville Properties Inc legitimate?
Shands Jacksonville Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shands Jacksonville 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
For more financial information, click here
Official website here: www.ufhealthjax.org
What is the mission statement of Shands Jacksonville Properties Inc?
Shands Jacksonville Properties Inc is committed to supporting the provision of healthcare services to various communities, including city and county areas in Florida. Specifically, they aim to assist Shands Jacksonville Medical Center, Inc. (SJMC), an affiliate non-profit organization, in delivering healthcare services to the communities in Duval, Nassau, Clay, Baker, and St. Johns counties, as well as the broader "First Coast" region. By leasing the Hospital building and essential equipment to SJMC, Shands Jacksonville Properties Inc plays a crucial role in enhancing the availability and accessibility of healthcare services in these areas. This organization's primary objective is to contribute to the betterment of healthcare services within the communities it supports.
Official website here: www.ufhealthjax.org
Who is the CEO of Shands Jacksonville Properties Inc?
Russell E Armistead Jr Mba is the CEO of Shands Jacksonville Properties Inc The CEO's salary of Shands Jacksonville Properties Inc is $0 and their total compensation is $1,042,781.
Official website here: www.ufhealthjax.org
What is the revenue of Shands Jacksonville Properties Inc?
Shands Jacksonville Properties Inc's revenue in 2023 was $101,539.
Official website here: www.ufhealthjax.org
Who are the executives of Shands Jacksonville Properties Inc and what are their salaries?
Here are 4 key members and their salaries (Shands Jacksonville Properties Inc's CEO's salary is $0 and their total compensation is $1,042,781):
- Compensation: $0
- Related: $588,539
- Other: $35,607
- Compensation: $0
- Related: $684,604
- Other: $29,860
- Compensation: $0
- Related: $1,022,878
- Other: $19,903
- Compensation: $0
- Related: $299,229
- Other: $29,533
Official website here: www.ufhealthjax.org
Where can I find the form 990 for Shands Jacksonville Properties Inc?
Shands Jacksonville Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ufhealthjax.org
Learn more at the official website: www.ufhealthjax.org
Mission Statement of Shands Jacksonville Properties Inc
Shands Jacksonville Properties Inc is dedicated to supporting the mission of providing healthcare and related services to various communities. Specifically, the organization focuses on serving the City of Jacksonville and several surrounding counties, including Duval, Nassau, Clay, Baker, and St. Johns, as well as the broader "First Coast" region. Their primary objective is to aid Shands Jacksonville Medical Center, Inc. (SJMC), an affiliate non-profit organization, by leasing them the necessary hospital building and equipment. By doing so, Shands Jacksonville Properties Inc contributes to the overall healthcare infrastructure in the area, ultimately benefiting the communities they serve.
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Impact
July, 2024
Shands Jacksonville Properties Inc's impact is primarily focused on providing healthcare and related services to the community, specifically in Jacksonville, Florida, and the surrounding counties of Duval, Nassau, Clay, Baker, and St. Johns. By supporting Shands Jacksonville Medical Center, Inc. (SJMC) through leasing the hospital building and equipment, Shands Jacksonville Properties Inc plays a crucial role in ensuring access to healthcare services for the residents of the "First Coast" region. This impact is significant in promoting wellness and improving the quality of life for individuals within the community.
This information is meant to be a general summary of Shands Jacksonville 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 2023.
- Investment Income: $101,539
- Gross Receipts: $101,539
Assets and Liabilities:
- Total Assets: $57,752,971
- Total Liabilities: $70,051,365
- Net Assets: -$12,298,394
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Organization Details
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