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Dmh Real Estate Holdings Inc

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

EIN: 592592554 ✦ Arcadia, FL ✦ Designated as a 501(c)(3)

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Overview

What is Dmh Real Estate Holdings Inc?

Dmh Real Estate Holdings Inc, based in Arcadia, Florida, serves as a nonprofit organization devoted to enhancing healthcare services in the Desoto County area. Their primary mission involves establishing, supporting, managing, and providing resources for diagnostic, treatment, medical/surgical hospital care, and outpatient services. This is achieved either directly or indirectly, in collaboration with Desoto County Hospital District or other local government agencies. The organization's goal is to better serve the community, thereby improving the overall well-being of its residents. With a focus on healthcare, Dmh Real Estate Holdings Inc plays a significant role in the local community, contributing to the betterment of health services for its residents.


Official website here: www.dmh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star Rating

DMH Real Estate Holdings Inc has received an 81% score from Charity Navigator, reflecting a focus on accountability and finance. This score suggests that the organization demonstrates a solid commitment to transparency and responsible financial practices. The rating is derived from a single beacon score primarily focused on accountability measures.

The organization showcases strengths in its governance with an entirely independent board, which is critical for ensuring unbiased decision-making. Additionally, it has comprehensive policies in place, including conflict of interest and whistleblower policies, which reinforce its commitment to ethical standards. The organization also demonstrates effective financial oversight with an audit and oversight committee.

However, there are areas for improvement, specifically regarding its liabilities to assets ratio, which scored 0 out of 15 points. While the organization has a high program expense ratio of 96.88%, indicating that a significant portion of its expenses directly supports its mission, the financial health aspect needs attention to enhance its overall operational capacity.


This AI summary has been generated from information found on Charity Navigator.

Is Dmh Real Estate Holdings Inc legitimate?

Dmh Real Estate Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dmh Real Estate Holdings 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.dmh.org

What is the mission statement of Dmh Real Estate Holdings Inc?

Dmh Real Estate Holdings Inc's mission is focused on providing health services to its community. Specifically, its objective is to establish, support, manage, and furnish facilities and resources to offer diagnosis, treatment, medical and surgical hospital inpatient care, as well as outpatient care, which is also provided by local government agencies in the community service area. The organization's aim is to enhance the health and well-being of its residents by providing access to essential medical services.


Official website here: www.dmh.org

Who is the CEO of Dmh Real Estate Holdings Inc?

Vincent A Sica is the Chairman of Dmh Real Estate Holdings Inc. The CEO's salary of Dmh Real Estate Holdings Inc is $0 and their total compensation is $150,678.


Official website here: www.dmh.org

What is the revenue of Dmh Real Estate Holdings Inc?

Dmh Real Estate Holdings Inc's revenue in 2022 was $3,182,130.


Official website here: www.dmh.org

Who are the executives of Dmh Real Estate Holdings Inc and what are their salaries?

There 5 volunteers at Dmh Real Estate Holdings Inc.


Here are 9 key members and their salaries (Dmh Real Estate Holdings Inc's CEO's salary is $0 and their total compensation is $150,678):


Robert Heine Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Hancock (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Vowels (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Watson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Hewett Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent A Sica (Ceo)
  • Compensation: $0
  • Related: $224,777
  • Other: $20,313
Kellie Henwood (Cfo (As Of 11/1/21))
  • Compensation: $0
  • Related: $114,681
  • Other: $31,625
Teresa Conerly (Cfo (Until 10/31/21))
  • Compensation: $0
  • Related: $128,553
  • Other: $16,867
Daniel P Hogan (Ceo Advisor, Former Cfo)
  • Compensation: $0
  • Related: $137,544
  • Other: $13,134


Official website here: www.dmh.org

Where can I find the form 990 for Dmh Real Estate Holdings Inc?

Dmh Real Estate Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dmh.org

Learn more at the official website: www.dmh.org

Mission Statement of Dmh Real Estate Holdings Inc

Dmh Real Estate Holdings Inc, a health service provider, is committed to establishing, supporting, managing, and furnishing necessary facilities and resources to provide diagnosis, treatment, medical/surgical hospital inpatient care, and outpatient care. This mission is carried out directly or indirectly, often in collaboration with Desoto County Hospital District or other government agencies within the community service area. The organization's primary objective is to enhance the health sector by offering medical, surgical, and hospital care, as well as outpatient services, ensuring comprehensive health services for the community it serves.

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Impact




July, 2024

Dmh Real Estate Holdings Inc's impact is significant in providing health services to residents of Desoto County, Florida. The organization is dedicated to establishing, supporting, managing, and furnishing facilities that offer diagnosis, treatment, medical surgical and hospital care, as well as outpatient care in the community service area. By supporting the Desoto County Hospital District and other government agencies, Dmh Real Estate Holdings Inc plays a crucial role in ensuring that residents have access to essential healthcare services. Through their mission to support and manage healthcare facilities, the organization positively impacts the health and well-being of the community in Arcadia, Florida.




This information is meant to be a general summary of Dmh Real Estate Holdings 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.

Revenue
$3,182,130 (2022)
Expenses
$3,163,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,159
  • Gross Receipts: $3,182,130

Assets and Liabilities:

  • Total Assets: $22,733,452
  • Total Liabilities: $16,410,498
  • Net Assets: $6,322,954

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Organization Details

Founding Year

1985

Principal Officer

Vincent A Sica

Main Address

900 NORTH ROBERT AVENUE, ARCADIA, FL, 34266

NTEE Category

Code: E220 - Health

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