Overview
What is Ehc Newton Realty Inc?
Ehc Newton Realty Inc is a nonprofit organization situated in Newton, Kansas, with a specific focus on elderly care. They own and manage a retirement community, comprising 101 skilled nursing beds, a 36-bed assisted living unit, and 69 independent living units. Instead of directly operating these facilities, they lease them to Paramount Community Living and Rehab Inc, another nonprofit organization. This strategic arrangement enables Ehc Newton Realty Inc to contribute to the well-being of senior citizens in the Newton community, offering a range of living options tailored to different needs.
Is Ehc Newton Realty Inc legitimate?
Ehc Newton Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ehc Newton 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 Ehc Newton Realty Inc?
Ehc Newton Realty Inc does not have a explicitly stated mission statement, as the provided information focuses primarily on the organization's assets and its lease arrangement with Paramount Community Living and Rehab Inc. However, it can be inferred that their mission, if any, likely revolves around the provision and management of retirement living options, encompassing skilled nursing, assisted living, and independent living units. By leasing its facilities to Paramount, Ehc Newton Realty Inc contributes to the broader mission of providing care and support for elderly individuals.
Who is the CEO of Ehc Newton Realty Inc?
Unavailable
What is the revenue of Ehc Newton Realty Inc?
Ehc Newton Realty Inc's revenue in 2022 was $650,112.
Who are the executives of Ehc Newton Realty Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
Where can I find the form 990 for Ehc Newton Realty Inc?
Ehc Newton Realty Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ehc Newton Realty Inc
Ehc Newton Realty Inc, as an organization, plays a unique role in the provision of retirement living services. It owns and operates a retirement community, comprising 101 licensed skilled nursing beds, a 36-bed assisted living unit, and 69 independent living units. However, rather than directly managing these facilities, Ehc Newton Realty Inc leases its properties to Paramount Community Living and Rehab Inc, a non-profit 501(c)3 organization. In doing so, Ehc Newton Realty Inc contributes to the mission of providing senior living options, enabling Paramount Community Living and Rehab Inc to offer comprehensive care to its residents. By leasing its facilities, Ehc Newton Realty Inc enables another organization to focus on delivering high-quality care and support to retirees, ensuring that they can enjoy their golden years with dignity and comfort.
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Impact
July, 2024
Ehc Newton Realty Inc's impact lies in providing housing for seniors in Newton, Kansas through ownership of a retirement community with skilled nursing, assisted living, and independent living units. The organization leases these facilities to Paramount Community Living and Rehab Inc., a non-profit entity, ensuring that high-quality care and services are accessible to seniors in need. By offering a range of living options and support services, Ehc Newton Realty Inc contributes to the well-being and comfort of elderly residents in the community.
This information is meant to be a general summary of Ehc Newton 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 2022.
- Program Service Revenue: $650,112
- Gross Receipts: $650,112
Assets and Liabilities:
- Total Assets: $10,515,970
- Total Liabilities: $10,628,019
- Net Assets: -$112,049
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING HOME RENTAL
Revenue
$650,112
Organization Details
Founding Year
2020
Phone
(516) 504-9797Main Address
200 SW 14th Street, Newton, KS, 67114
NTEE Category
Code: L22 - Housing
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