Overview
What is Jonesboro Real Estate Holdings Inc?
Jonesboro Real Estate Holdings Inc is a holding company, headquartered in Jonesboro, Arkansas, with an address at 225 EAST WASHINGTON. Its primary function involves the acquisition of rental properties and raw land, all with the intention of serving healthcare-related purposes. Although the organization does not have a formal mission statement, it operates as a key entity in the healthcare sector by investing in real estate properties.
Is Jonesboro Real Estate Holdings Inc legitimate?
Jonesboro Real Estate Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Jonesboro 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: $14,523
For more financial information, click here
What is the mission statement of Jonesboro Real Estate Holdings Inc?
Jonesboro Real Estate Holdings Inc, as a holding company, primarily focuses on acquiring rental real estate and raw land for healthcare-related purposes. The governing body of this organization has not officially adopted a formal mission statement. However, their activities suggest a commitment to supporting the healthcare sector through real estate investments. The company's main objective is to acquire property that can contribute to healthcare services, thereby enhancing the accessibility and quality of healthcare facilities.
Who is the CEO of Jonesboro Real Estate Holdings Inc?
Chris Barber is the President of Jonesboro Real Estate Holdings Inc.
What is the revenue of Jonesboro Real Estate Holdings Inc?
Jonesboro Real Estate Holdings Inc's revenue in 2022 was $2,488,331.
Who are the executives of Jonesboro Real Estate Holdings Inc and what are their salaries?
There 4 volunteers at Jonesboro Real Estate Holdings Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $804,053
- Other: $41,949
- Compensation: $0
- Related: $314,317
- Other: $29,914
- Compensation: $0
- Related: $272,710
- Other: $12,547
- 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: $0
- Other: $0
Where can I find the form 990 for Jonesboro Real Estate Holdings Inc?
Jonesboro Real Estate Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jonesboro Real Estate Holdings Inc
Jonesboro Real Estate Holdings Inc, functioning as a holding company, focuses its activities on the acquisition of rental properties and raw land with the primary intention of serving healthcare purposes. The governing body of this organization has not formally adopted a mission statement, as indicated in the provided information. However, from its core activity, it can be inferred that Jonesboro Real Estate Holdings Inc is committed to contributing to the healthcare sector by providing the necessary real estate infrastructure. This role is significant in supporting various healthcare-related activities, thereby potentially enhancing healthcare accessibility and quality.
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Impact
October, 2024
Jonesboro Real Estate Holdings Inc plays a significant role in the local community by acquiring rental real estate and raw land for healthcare purposes. This strategic focus not only addresses the need for healthcare facilities but also contributes to the overall improvement of the community's infrastructure.
By acting as a holding company, Jonesboro Real Estate Holdings Inc facilitates the development and management of properties that support healthcare services. This can lead to increased accessibility to medical care for residents, enhancing their quality of life. Furthermore, the organization's activities can stimulate economic growth by creating jobs in construction, healthcare, and property management sectors.
The focus on healthcare-related real estate underscores the organization's commitment to community wellbeing, reflecting a proactive approach to addressing local needs and challenges in healthcare access. Overall, the impact of Jonesboro Real Estate Holdings Inc can be seen in its contributions to enhancing healthcare infrastructure and supporting community improvement efforts in Jonesboro, Arkansas.
This information is meant to be a general summary of Jonesboro 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,885
- Program Service Revenue: $2,484,446
- Gross Receipts: $2,488,331
Assets and Liabilities:
- Total Assets: $23,225,311
- Total Liabilities: $185,680
- Net Assets: $23,039,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,357,097
EQUITY IN PARAGOULD MEDICAL PARK
Revenue
$127,349
Organization Details
Founding Year
1999
Phone
(870) 207-4100Principal Officer
Chris Barber
Main Address
225 EAST WASHINGTON, JONESBORO, AR, 72401
NTEE Category
Code: S47 - Community improvement
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