Overview
What is Gilchrist Baltimore Center Support Corporation?
Gilchrist Baltimore Center Support Corporation, abbreviated as GBCSC, is a nonprofit organization established primarily to serve as a Qualified Low Income Business (QALICB) for the New Market Tax Credit (NMTC) financing agreement for a new inpatient hospice facility in Baltimore City. The corporation obtained Qualified Low Income Community Investment (QLICI) loans to finance the construction of this facility, which was completed in December 2021. The newly constructed facility is now leased to Gilchrist Hospice Care, Inc., an organization exempt from federal income tax under Internal Revenue Code Section 501(C)(3). GBCSC's primary objective is to support Gilchrist Hospice Care, Inc. and engage in lawful activities consistent with its status as a charitable and educational organization under Section 501(C)(3) of the Code. Additionally, the corporation aims to develop, initiate, and operate projects that align with the needs of Gilchrist Hospice Care, Inc. GBCSC primarily provides inpatient hospice and elder medical care to residents of Baltimore City.
Is Gilchrist Baltimore Center Support Corporation legitimate?
Gilchrist Baltimore Center Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gilchrist Baltimore Center Support Corporation 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 Gilchrist Baltimore Center Support Corporation?
The Gilchrist Baltimore Center Support Corporation's mission is centered around supporting Gilchrist Hospice Care, Inc., an organization with exempt purposes, as long as it continues to exist. The corporation also aims to develop, initiate, and operate projects that align with the needs of Gilchrist Hospice Care, Inc. Furthermore, the corporation engages in any lawful activity that furthers these objectives, ensuring it does not violate or contradict its status as a charitable and educational organization under Section 501(C)(3) of the Code.
Who is the CEO of Gilchrist Baltimore Center Support Corporation?
Catherine Hamel is the Evp & Cfo Gbmc Healthcare of Gilchrist Baltimore Center Support Corporation.
What is the revenue of Gilchrist Baltimore Center Support Corporation?
Gilchrist Baltimore Center Support Corporation's revenue in 2022 was $258,875.
Who are the executives of Gilchrist Baltimore Center Support Corporation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $636,428
- Other: $121,338
- Compensation: $0
- Related: $19,615
- Other: $0
- Compensation: $0
- Related: $556,192
- Other: $53,920
- Compensation: $0
- Related: $141,221
- Other: $8,431
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gilchrist Baltimore Center Support Corporation?
Gilchrist Baltimore Center Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gilchrist Baltimore Center Support Corporation
Gilchrist Baltimore Center Support Corporation is established with the primary objective of supporting Gilchrist Hospice Care, Inc., as long as it continues to operate as a charitable organization. Beyond this, the corporation aims to initiate and carry out projects that align with the needs of Gilchrist Hospice Care. Lastly, it engages in any lawful activity that furthers these objectives, ensuring that such activities do not contradict the corporation's status as a charitable and educational organization. In essence, Gilchrist Baltimore Center Support Corporation serves to bolster the work of Gilchrist Hospice Care and contribute to projects that benefit from its resources and expertise.
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Impact
October, 2024
Gilchrist Baltimore Center Support Corporation plays a crucial role in enhancing healthcare services in Baltimore City, specifically through the support and development of hospice and elder medical care. By serving as the Qualified Low-Income Business under the New Market Tax Credit financing agreement, GBCSC facilitated the construction of a new inpatient hospice facility at Stadium Place, which was completed in December 2021.
This facility represents a significant advancement in the provision of compassionate care for individuals facing end-of-life challenges. By leasing the facility to Gilchrist Hospice Care, Inc., GBCSC ensures that residents of Baltimore City have access to high-quality inpatient hospice care, which is vital for improving the quality of life for patients and their families during such critical times.
Additionally, GBCSC actively seeks to initiate and operate projects that align with the needs of Gilchrist Hospice Care, further supporting its mission to provide comprehensive and compassionate care. Through its efforts, GBCSC not only addresses immediate healthcare needs but also contributes to the broader community by fostering health and wellness for vulnerable populations. The ongoing engagement in lawful and purposeful activities underscores GBCSC's commitment to positively impacting the health landscape of Baltimore.
This information is meant to be a general summary of Gilchrist Baltimore Center Support Corporation. 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.
- Gross Receipts: $258,875
Assets and Liabilities:
- Total Assets: $17,957,430
- Total Liabilities: $16,313,892
- Net Assets: $1,643,538
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Organization Details
Founding Year
2020
Phone
(443) 849-8200Principal Officer
Catherine Hamel
Main Address
11311 MCCORMICK ROAD 100, HUNT VALLEY, MD, 21031
NTEE Category
Code: E11 - Health
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