Overview
What is Smc Development Inc?
Smc Development Inc is a nonprofit organization headquartered in Stillwater, Oklahoma, with an address at 1323 West 6th Avenue. The primary purpose of this corporation is to support Stillwater Medical Center Authority, contributing to the community's healthcare needs. Smc Development Inc accomplishes this by purchasing and leasing necessary equipment to the medical center authority. The organization is structured to own and manage both real and personal properties in alignment with its charitable mission. The operation of Smc Development Inc is overseen by a prominent figure named Alan Lovelace.
Is Smc Development Inc legitimate?
Smc Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smc Development 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 Smc Development Inc?
Smc Development Inc, as per its mission, is established to support the charitable objectives of Stillwater Medical Center Authority. Its primary role is to manage and own both real and personal properties for the benefit of this healthcare organization. The corporation also engages in leasing equipment to Stillwater Medical Center Authority, thereby assisting in meeting the community's healthcare needs. In essence, Smc Development Inc acts as a facilitator, aiding the health center in fulfilling its mission to serve the surrounding community.
Who is the CEO of Smc Development Inc?
Alan Lovelace is the President of Smc Development Inc.
What is the revenue of Smc Development Inc?
Smc Development Inc's revenue in 2022 was $1,128,608.
Who are the executives of Smc Development Inc and what are their salaries?
There 4 volunteers at Smc Development Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Smc Development Inc?
Smc Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Smc Development Inc
Smc Development Inc, a corporation with charitable purposes, is organized to manage and own both real and personal property. Its mission is to serve the benefit of Stillwater Medical Center Authority, an entity dedicated to addressing the healthcare needs of its surrounding community. The corporation's primary role is to purchase and lease equipment to Stillwater Medical Center Authority, thereby contributing to its operational capacity and ability to cater to the community's healthcare needs effectively.
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Impact
October, 2024
Smc Development Inc plays a crucial role in enhancing healthcare services for the Stillwater community by strategically managing and facilitating access to essential resources. By owning, holding, and managing real and personal property, the organization ensures that the Stillwater Medical Center Authority has the necessary infrastructure and equipment to operate effectively.
The focus on acquiring and leasing equipment directly supports the Medical Center's mission to provide high-quality healthcare to the community. By enabling the Medical Center to utilize modern medical equipment and facilities, Smc Development Inc contributes to improved patient outcomes and expands the range of services available to those in need.
In essence, Smc Development Inc acts as a vital link between resources and the healthcare needs of the surrounding population, fostering a healthier community through its philanthropic efforts and commitment to enhancing the local healthcare system.
This information is meant to be a general summary of Smc Development 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.
- Investment Income: $11,941
- Program Service Revenue: $1,116,667
- Gross Receipts: $1,128,608
Assets and Liabilities:
- Total Assets: $48,972,827
- Total Liabilities: $37,113,638
- Net Assets: $11,859,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$1,116,667
Organization Details
Founding Year
2019
Phone
(405) 715-3959Principal Officer
Alan Lovelace
Main Address
1323 West 6TH Avenue, Stillwater, OK, 74074
NTEE Category
Code: T20 - Philanthropy
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