Overview
What is Rhode Island Free Clinic Realty Corporation?
Rhode Island Free Clinic Realty Corporation serves as a title-holding entity, solely dedicated to managing property titles for the advantage of the Rhode Island Free Clinic. This nonprofit organization, exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code, collects income from the properties and transfers the total amount, minus expenses, to the Rhode Island Free Clinic. The primary objective of the corporation is to support the Rhode Island Free Clinic's mission, ensuring that property-related financial obligations are managed effectively.
Official website here: www.rifreeclinic.org
Is Rhode Island Free Clinic Realty Corporation legitimate?
Rhode Island Free Clinic Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rhode Island Free Clinic Realty 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
Official website here: www.rifreeclinic.org
What is the mission statement of Rhode Island Free Clinic Realty Corporation?
The Rhode Island Free Clinic Realty Corporation is established as a title-holding corporation, exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code. Its primary purpose is to hold property on behalf of the Rhode Island Free Clinic, Inc., a non-profit organization. The Realty Corporation collects income from these properties and transfers the entire amount, minus expenses, to the Rhode Island Free Clinic, Inc., thereby supporting its operations. In essence, the Realty Corporation serves as a financial intermediary, ensuring the financial stability of the Rhode Island Free Clinic, Inc. by managing its property holdings.
Official website here: www.rifreeclinic.org
What is the revenue of Rhode Island Free Clinic Realty Corporation?
Rhode Island Free Clinic Realty Corporation's revenue in 2023 was $0.
Official website here: www.rifreeclinic.org
Who are the executives of Rhode Island Free Clinic Realty Corporation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.rifreeclinic.org
Where can I find the form 990 for Rhode Island Free Clinic Realty Corporation?
Rhode Island Free Clinic Realty Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rifreeclinic.org
Learn more at the official website: www.rifreeclinic.org
Mission Statement of Rhode Island Free Clinic Realty Corporation
Rhode Island Free Clinic Realty Corporation serves as a title-holding entity, dedicated to supporting Rhode Island Free Clinic, Inc., a nonprofit organization exempt from federal income tax. This corporation's primary function is to manage property holdings for the benefit of the clinical organization. It collects income from these properties and subsequently distributes the total earnings, minus any expenses, to the Rhode Island Free Clinic, Inc. This strategic arrangement enables the clinical organization to focus on its mission of providing healthcare services to individuals in need, without the burden of property management and maintenance. The Rhode Island Free Clinic Realty Corporation plays a crucial role in ensuring the financial sustainability and operational efficiency of the Rhode Island Free Clinic, Inc.
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Impact
October, 2024
Rhode Island Free Clinic Realty Corporation plays a vital role in supporting healthcare access in the community by managing property assets specifically for the Rhode Island Free Clinic. By holding title to rental properties, the Realty Corporation generates income that directly benefits the clinic, allowing it to provide essential medical services to underserved populations. This arrangement ensures that the clinic can focus its resources on healthcare delivery rather than property management, ultimately enhancing the quality and availability of care for those in need in Providence and surrounding areas. The impact of this organization is significant, as it facilitates the stability and sustainability of healthcare services through effective property management and income generation.
This information is meant to be a general summary of Rhode Island Free Clinic Realty 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 2023.
Assets and Liabilities:
- Total Assets: $818,534
- Total Liabilities: $0
- Net Assets: $818,534
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Organization Details
Founding Year
2020
Principal Officer
Carrie Bridges Feliz Mph
Website
www.rifreeclinic.orgNTEE Category
Code: S47 - Community improvement
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