Overview
What is Cherrybell Holdings Inc?
Cherrybell Holdings Inc is a holding company situated in Tucson, Arizona, with an address at PO Box 1231. Its primary role is to manage the assets of the El Rio Cherrybell facility, which it leases to El Rio Health. This health organization provides essential medical, dental, and behavioral health services, supporting El Rio's mission to assist individuals in need. By leasing these assets, Cherrybell Holdings Inc plays a crucial role in advancing primary care services in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Cherrybell Holdings Inc has received a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization scored 79% overall, indicating a commitment to transparency and responsible financial management. The score derives solely from the Accountability & Finance category, underscoring the organization's dedication to these crucial areas.
The nonprofit excels in several key aspects, including having a fully independent board with 100% independent members, which demonstrates a solid governance structure. Additionally, it has established strong policies regarding conflicts of interest, whistleblowing, and document retention, all of which contribute to its high score in accountability. The organization also manages its program expenses effectively, directing 100% of its resources to programs, thereby maximizing its impact on its mission.
However, Cherrybell Holdings Inc faces a significant challenge with a liabilities-to-assets ratio of 108.14%, which raises concerns about its financial stability. This indicates that the organization may have more liabilities than assets, necessitating attention to its financial health to ensure long-term sustainability. Overall, while the organization shows strengths in governance and accountability, addressing financial liabilities will be critical for its future.
This AI summary has been generated from information found on Charity Navigator.
Is Cherrybell Holdings Inc legitimate?
Cherrybell Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherrybell 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:
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What is the mission statement of Cherrybell Holdings Inc?
Cherrybell Holdings Inc serves as a holding company, leasing assets to El Rio Health for the operation of their facility. The primary purpose of this partnership is to provide comprehensive primary care services, including medical, dental, and behavioral health care. This collaboration aids El Rio Health in fulfilling its mission. Cherrybell Holdings Inc's role is essentially to support El Rio Health in delivering essential healthcare services to its community.
Who is the CEO of Cherrybell Holdings Inc?
Clint Kuntz is the Director of Cherrybell Holdings Inc. The CEO's salary of Cherrybell Holdings Inc is $0 and their total compensation is $0.
What is the revenue of Cherrybell Holdings Inc?
Cherrybell Holdings Inc's revenue in 2022 was $124,352.
Who are the executives of Cherrybell Holdings Inc and what are their salaries?
Here are 18 key members and their salaries (Cherrybell Holdings Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Cherrybell Holdings Inc?
Cherrybell Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cherrybell Holdings Inc
Cherrybell Holdings Inc serves as a holding company, managing assets to be leased to El Rio Health. Its primary purpose is to aid El Rio in delivering comprehensive primary care services, encompassing medical, dental, and behavioral health. By doing so, Cherrybell Holdings Inc assists El Rio in fulfilling its mission. This mission-driven collaboration allows El Rio Health to provide essential healthcare services to its community, ensuring accessibility and holistic care for its patients.
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Impact
October, 2024
Cherrybell Holdings Inc significantly impacts the Tucson community by facilitating access to essential health services through the El Rio Cherrybell facility. By managing the assets necessary for leasing to El Rio Health, it supports the delivery of primary care, dental, and behavioral health services. This collaboration enhances the capability of El Rio Health to fulfill its mission of providing comprehensive healthcare, which is vital for improving community health outcomes and ensuring that residents receive the medical attention they need. The contributions of Cherrybell Holdings Inc play a crucial role in promoting overall wellness and addressing health disparities in the area.
This information is meant to be a general summary of Cherrybell 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.
- Program Service Revenue: $124,352
- Gross Receipts: $124,352
Assets and Liabilities:
- Total Assets: $13,716,106
- Total Liabilities: $14,833,690
- Net Assets: -$1,117,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$124,352
Organization Details
Founding Year
2018
Phone
(520) 670-3705Principal Officer
Clint Kuntz
Main Address
PO BOX 1231, TUCSON, AZ, 85702
NTEE Category
Code: E11 - Health
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