Overview
What is Athol Memorial Hospital Nmtc Holdings?
Athol Memorial Hospital Nmtc Holdings is a nonprofit organization established with the objective of supporting Athol Memorial Hospital, a tax-exempt hospital in Massachusetts. Its primary functions include leasing land from the hospital, constructing a new medical office building which houses an emergency department, physician practice spaces, and additional commercial office spaces. The organization also plans to renovate the hospital's Imaging Department and acquire necessary medical equipment. Additionally, it intends to lease the constructed medical office building, parking areas, and equipment to Athol Memorial Hospital, as well as lease extra office space and parking areas to a different nonprofit entity. The overall purpose is to enhance the operations and purposes of Athol Memorial Hospital, thereby contributing to the betterment of healthcare services in the community.
Official website here: www.heywood.org
Is Athol Memorial Hospital Nmtc Holdings legitimate?
Athol Memorial Hospital Nmtc Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Athol Memorial Hospital Nmtc Holdings 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.heywood.org
What is the mission statement of Athol Memorial Hospital Nmtc Holdings?
Athol Memorial Hospital Nmtc Holdings is established with the mission to support the operations and purposes of Athol Memorial Hospital. This support encompasses various activities such as leasing land, constructing a new medical office building and emergency department, purchasing essential equipment, and leasing office space to medical offices. The corporation's objectives also include renovating the hospital's Imaging Department and leasing the newly constructed spaces to the hospital. Additionally, a portion of the office space and parking areas is leased to a non-profit, tax-exempt corporation, furthering the corporation's commitment to supporting Athol Memorial Hospital.
Official website here: www.heywood.org
Who is the CEO of Athol Memorial Hospital Nmtc Holdings?
Rozanna Penney is the CEO of Athol Memorial Hospital Nmtc Holdings The CEO's salary of Athol Memorial Hospital Nmtc Holdings is $0 and their total compensation is $310,211.
Official website here: www.heywood.org
What is the revenue of Athol Memorial Hospital Nmtc Holdings?
Athol Memorial Hospital Nmtc Holdings's revenue in 2023 was $644,211.
Official website here: www.heywood.org
Who are the executives of Athol Memorial Hospital Nmtc Holdings and what are their salaries?
There 19 volunteers at Athol Memorial Hospital Nmtc Holdings.
Here are 26 key members and their salaries (Athol Memorial Hospital Nmtc Holdings's CEO's salary is $0 and their total compensation is $310,211):
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- Related: $494,930
- Other: $43,500
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- Other: $0
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- Related: $437,363
- Other: $0
- Compensation: $0
- Related: $332,703
- Other: $17,144
- Compensation: $0
- Related: $531,968
- Other: $41,608
- Compensation: $0
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- Compensation: $0
- Related: $1,088,823
- Other: $61,276
- Compensation: $0
- Related: $186,589
- Other: $0
- Compensation: $0
- Related: $281,093
- Other: $29,118
- Compensation: $0
- Related: $232,988
- Other: $45,872
Official website here: www.heywood.org
Where can I find the form 990 for Athol Memorial Hospital Nmtc Holdings?
Athol Memorial Hospital Nmtc Holdings's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heywood.org
Learn more at the official website: www.heywood.org
Mission Statement of Athol Memorial Hospital Nmtc Holdings
Athol Memorial Hospital Nmtc Holdings is established with a mission to support the operations and purposes of Athol Memorial Hospital, a non-profit tax-exempt hospital. This support encompasses various activities such as leasing land, constructing a new medical office building and emergency department, purchasing necessary equipment, and leasing additional office space to medical offices. The corporation's purpose is to contribute to the improvement of the hospital's facilities and services, ensuring the hospital can continue its vital role in the community.
More specifically, Athol Memorial Hospital Nmtc Holdings aims to lease land from the hospital, construct a new medical office building that includes an emergency department, physician practice space, and lobby. The construction will also include additional commercial office space, parking areas, utilities, and other necessary infrastructure. The corporation also plans to renovate the hospital's Imaging Department and acquire necessary medical equipment. Furthermore, Athol Memorial Hospital Nmtc Holdings intends to lease the emergency department, physician practice space, the parking areas, and equipment to the hospital, as well as lease additional office space and parking areas to a non-profit, tax-exempt corporation.
In summary, Athol Memorial Hospital Nmtc Holdings is a corporation dedicated to supporting its sister organization, Athol Memorial Hospital. Through leasing land, constructing facilities, purchasing equipment, and leasing additional space, the corporation aims to enhance the hospital's ability to provide quality healthcare services to its community.
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Impact
October, 2024
Athol Memorial Hospital Nmtc Holdings significantly enhances healthcare services in the Gardner, MA area by focusing on the infrastructure and operational needs of Athol Memorial Hospital. Its activities include leasing land and constructing a state-of-the-art medical office building that houses an emergency department, physician practice space, and essential support facilities.
This initiative not only improves access to urgent medical care but also facilitates a range of outpatient services, thereby alleviating pressure on existing hospital facilities. Renovations to the Imaging Department and the acquisition of modern medical equipment further bolster the hospital's ability to deliver high-quality healthcare.
By leasing office space to medical professionals and supporting the growth of medical infrastructure, Athol Memorial Hospital Nmtc Holdings plays a crucial role in sustaining and advancing the operational capabilities of Athol Memorial Hospital, ultimately benefiting the health and well-being of the local community.
This information is meant to be a general summary of Athol Memorial Hospital Nmtc Holdings. 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: $644,211
- Gross Receipts: $644,211
Assets and Liabilities:
- Total Assets: $18,669,976
- Total Liabilities: $16,702,087
- Net Assets: $1,967,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Office Rentals
Revenue
$644,211
Organization Details
Founding Year
2017
Principal Officer
Rozanna Penney
Website
www.heywood.orgNTEE Category
Code: E11 - Health
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