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550 Acoma Inc

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

EIN: 831723828 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is 550 Acoma Inc?

550 Acoma Inc is a nonprofit entity established by the Denver Health and Hospital Authority. Its primary objective is to contribute financially towards the construction of a new parking garage at 550 Acoma Street in Denver, Colorado. The garage will be utilized by the Denver Health and Hospital Authority for their operations. The organization was initiated to aid in the funding process for this project.

Is 550 Acoma Inc legitimate?

550 Acoma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 550 Acoma 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

For more financial information, click here

What is the mission statement of 550 Acoma Inc?

550 Acoma Inc, established by the Denver Health and Hospital Authority, was formed with a specific purpose. Its mission is centered around constructing a parking garage, specifically for the use of the Denver Health and Hospital Authority. The organization's objectives align with this mission, aiming to fund and build a new parking facility for the aforementioned authority. This endeavor is intended to contribute to the overall operations and convenience of the health and hospital authority, thereby enhancing its ability to serve its community effectively.

Who is the CEO of 550 Acoma Inc?

Ansar Hassan is the President of 550 Acoma Inc.

What is the revenue of 550 Acoma Inc?

550 Acoma Inc's revenue in 2022 was $2,479,367.

Who are the executives of 550 Acoma Inc and what are their salaries?


Here are 3 key members and their salaries:


Faraz Khan (President)
  • Compensation: $0
  • Related: $690,367
  • Other: $36,748
Enid A Wade (Secretary)
  • Compensation: $0
  • Related: $406,758
  • Other: $44,964
Matt Watford (Treasurer)
  • Compensation: $0
  • Related: $129,423
  • Other: $30,473
Where can I find the form 990 for 550 Acoma Inc?

550 Acoma Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 550 Acoma Inc

550 Acoma Inc, a nonprofit organization established by Denver Health and Hospital Authority, is committed to constructing a parking garage. The primary mission of this organization is to build a parking facility that will be utilized by Denver Health and Hospital Authority, situated at 550 Acoma St. in Denver, Colorado. The objectives of 550 Acoma Inc align with this mission, aiming to finance and construct a new parking garage for the aforementioned healthcare authority.

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Impact




October, 2024

550 Acoma Inc plays a crucial role in enhancing the infrastructure at Denver Health and Hospital Authority by focusing on the construction of a new parking garage at 550 Acoma St. in Denver, Colorado. This project addresses the increasing demand for accessible parking for patients, visitors, and staff, ultimately improving the overall experience and convenience for those utilizing health services.

By providing a dedicated parking facility, 550 Acoma Inc directly supports the operational efficiency of the hospital, allowing for better access to healthcare services. The new garage will alleviate parking shortages, reduce congestion in the area, and ensure that essential healthcare activities can proceed smoothly. In turn, this contributes to better patient outcomes and enhances the overall functionality of the healthcare system in the community.




This information is meant to be a general summary of 550 Acoma 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.

Revenue
$2,479,367 (2022)
20182019202020212022$0$650k$1.3M$1.95M$2.6M
Expenses
$2,834,320 (2022)
20182019202020212022$0$3M$6M$9M$12M
Efficiency
201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $10,017
  • Gross Receipts: $2,479,367

Assets and Liabilities:

  • Total Assets: $28,952,073
  • Total Liabilities: $38,867,132
  • Net Assets: -$9,915,059

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Organization Details

Founding Year

2018

Principal Officer

Ansar Hassan

Main Address

601 N BROADWAY FL 6TH, DENVER, CO, 80204

NTEE Category

Code: E11 - Health

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