Overview
What is Raphael Realty Inc?
Raphael Realty Inc, located in Indianapolis, Indiana, serves as a property title holder for Raphael Health Center. This nonprofit organization's primary role is to manage and safeguard real estate assets associated with the health center. The mission of Raphael Realty Inc is straightforward and focused, ensuring the smooth operation and continuity of Raphael Health Center's property-related matters.
Is Raphael Realty Inc legitimate?
Raphael Realty Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Raphael Realty 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 Raphael Realty Inc?
Raphael Realty Inc's primary role is to manage the property ownership for Raphael Health Center. This function is a crucial part of ensuring the continuity and effectiveness of the health center's operations. By holding the title to the property, Raphael Realty Inc plays a vital role in the broader mission of Raphael Health Center to provide healthcare services to its community. Although the information provided is limited, it can be inferred that Raphael Realty Inc's mission is to safeguard the property assets of Raphael Health Center, thereby contributing to the center's ability to deliver high-quality healthcare services.
What is the revenue of Raphael Realty Inc?
Raphael Realty Inc's revenue in 2023 was $239,400.
Who are the executives of Raphael Realty Inc and what are their salaries?
There 5 volunteers at Raphael Realty Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $171,065
- Other: $23,012
- 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
- Compensation: $0
- Related: $121,462
- Other: $18,560
Where can I find the form 990 for Raphael Realty Inc?
Raphael Realty Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Raphael Realty Inc
Raphael Realty Inc, as a nonprofit entity, is primarily tasked with an essential role. Its mission is to safeguard the title to property that belongs to Raphael Health Center. This role is crucial in ensuring the center's property rights are protected and managed effectively. By holding the title to the property, Raphael Realty Inc enables Raphael Health Center to focus on its primary objectives, without the burden of property management and legalities. This arrangement allows the health center to devote its resources towards providing necessary healthcare services.
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Impact
October, 2024
Raphael Realty Inc plays a crucial role in supporting the operations of Raphael Health Center by holding the title to property essential for its functions. By managing these real estate assets, the organization ensures that the health center can focus on delivering vital community health services without the added burden of property management. This arrangement facilitates access to critical healthcare resources in the Indianapolis area, contributing to overall community improvement. By securing and maintaining property for health-related initiatives, Raphael Realty Inc directly impacts the well-being of the local population, enhancing the quality of life and promoting public health.
This information is meant to be a general summary of Raphael Realty 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.
- Program Service Revenue: $239,400
- Gross Receipts: $239,400
Assets and Liabilities:
- Total Assets: $4,456,480
- Total Liabilities: $4,449,523
- Net Assets: $6,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$239,400
Organization Details
Founding Year
2003
Principal Officer
Sherry Gray
NTEE Category
Code: S47 - Community improvement
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