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Primecare Belmont Cragin Holding

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

EIN: 830921748 ✦ Chicago, IL ✦ Designated as a 501(c)(2)

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Overview

What is Primecare Belmont Cragin Holding?

Primecare Belmont Cragin Holding is a nonprofit organization based in Chicago, Illinois, specifically at 2211 N Elston Ave Suite 301, 60614. Its primary mission is to manage and oversee property, collect income, cover expenses, and then distribute the remaining net income to Primecare Community Health, Inc., a tax-exempt Illinois organization. This nonprofit, as per the information provided, is focused on supporting Primecare Community Health's operations, though the specifics of the services it provides or the community it serves are not detailed in the information provided.

Is Primecare Belmont Cragin Holding legitimate?

Primecare Belmont Cragin Holding is a legitimate nonprofit organization registered as a 501(c)(2) entity. Primecare Belmont Cragin Holding 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

What is the mission statement of Primecare Belmont Cragin Holding?

Primecare Belmont Cragin Holding's primary role is to manage a specific property, generate income from it, cover related expenses, and subsequently transfer the net income to Primecare Community Health, Inc., a tax-exempt organization based in Illinois. The foundation's mission is primarily focused on financial management, with the aim of supporting the work of Primecare Community Health, Inc. by providing a steady income stream. The foundation does not engage in direct healthcare services or activities, but rather serves as a financial intermediary to support the organization's operations.

Who is the CEO of Primecare Belmont Cragin Holding?

Lynn Hopkins is the Director of Primecare Belmont Cragin Holding.

What is the revenue of Primecare Belmont Cragin Holding?

Primecare Belmont Cragin Holding's revenue in 2022 was $172,077.

Who are the executives of Primecare Belmont Cragin Holding and what are their salaries?

There 3 volunteers at Primecare Belmont Cragin Holding.


Here are 4 key members and their salaries:


Lynn Hopkins (Director)
  • Compensation: $0
  • Related: $274,439
  • Other: $7,232
Benjamin Alonzo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Mcdermott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Kenzer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Primecare Belmont Cragin Holding?

Primecare Belmont Cragin Holding's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Primecare Belmont Cragin Holding

Primecare Belmont Cragin Holding is a foundation with a primary mission. Its role is multifaceted, aiming to hold title to property, collect income, manage expenses, and ultimately transfer all net income to Primecare Community Health, Inc. This Illinois-based, tax-exempt organization, described under Section 170(B)(1)(A)(III), serves as the primary recipient of the funds generated by Primecare Belmont Cragin Holding's activities. This mission allows Primecare Belmont Cragin Holding to contribute financially to Primecare Community Health, Inc., thereby supporting its operations and initiatives in promoting health and well-being within the community.

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Impact




October, 2024

Primecare Belmont Cragin Holding plays a significant role in supporting community health initiatives in Chicago, Illinois. By holding title to property and managing financial resources effectively, it facilitates the operational capacity of Primecare Community Health, Inc. This arrangement allows for the collection of income that is essential for funding essential services and healthcare programs.

The organization's focus on community improvement ensures that the net income generated is reinvested into initiatives that enhance public health and address local needs. This, in turn, not only supports the direct health services provided but also contributes to the broader goal of improving community well-being. The strategic management of resources enables Primecare Belmont Cragin Holding to play a crucial part in fostering a healthier community, thus having a positive impact on the residents of the Belmont Cragin area.




This information is meant to be a general summary of Primecare Belmont Cragin Holding. 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
$172,077 (2022)
Expenses
$658,246 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $77
  • Program Service Revenue: $172,000
  • Gross Receipts: $172,077

Assets and Liabilities:

  • Total Assets: $6,083,015
  • Total Liabilities: $7,802,993
  • Net Assets: -$1,719,978

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EQUIPMENT LEASE REVENUE

Revenue

$90,000

RENT REVENUE

Revenue

$82,000

Organization Details

Founding Year

2018

Principal Officer

Lynn Hopkins

Main Address

2211 N ELSTON AVE SUITE 301, CHICAGO, IL, 60614

NTEE Category

Code: S47 - Community improvement

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