Overview
What is Magnet Hccn?
Magnet Hccn is a nonprofit organization located in Lexington, Mississippi, with an address at 17280 Highway 17. Their primary purpose is to distribute sub-grants to various community health centers, aligning with objectives that are religious, charitable, scientific, literary, or educational in nature. This nonprofit follows the guidelines of Section 501 (c) 3 of the Internal Revenue Code of 1986, allowing them to make distributions to other qualifying exempt organizations. Magnet Hccn's mission is dedicated to improving health and well-being in their community by supporting local health centers.
Is Magnet Hccn legitimate?
Magnet Hccn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnet Hccn 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:
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Other Salaries and Wages: $8,524
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What is the mission statement of Magnet Hccn?
Magnet Hccn is dedicated to serving religious, charitable, scientific, literary, or educational purposes, as outlined by Section 501 (c) 3 of the Internal Revenue Code of 1986. Their mission includes making distributions to organizations that fall under this category. Magnet Hccn primarily focuses on distributing sub-grants to various community health centers, furthering their objective of contributing to these specified areas.
Who is the CEO of Magnet Hccn?
Dr Rozell Chapman is the President of Magnet Hccn.
What is the revenue of Magnet Hccn?
Magnet Hccn's revenue in 2022 was $725,000.
Who are the executives of Magnet Hccn and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Magnet Hccn?
Magnet Hccn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Magnet Hccn
Magnet HCCN, as per its mission, is an organization with exclusive focus on religious, charitable, scientific, literary, or educational purposes. In line with this, it distributes sub-grants to other organizations that fall under Section 501 (c) 3 of the Internal Revenue Code of 1986, furthering its philanthropic endeavors and contributing to various sectors that serve societal needs. The organization's activities are geared towards promoting these causes, thereby making significant contributions to the community and supporting other organizations with similar objectives.
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Impact
July, 2024
Magnet Hccn's impact is primarily focused on supporting community health centers through the distribution of sub-grants. This direct assistance helps enhance the capabilities of these health centers to provide essential services to underserved populations. By enabling these centers to expand their reach and improve their services, Magnet Hccn contributes significantly to the overall well-being and health outcomes of communities. Their efforts align with their mission to serve exclusively religious, charitable, scientific, literary, or educational purposes with a specific focus on supporting organizations that qualify as exempt under Section 501(c)3 of the Internal Revenue Code. Additionally, by tackling issues related to disease, Magnet Hccn plays a crucial role in promoting public health and addressing healthcare disparities in the community.
This information is meant to be a general summary of Magnet Hccn. 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: $725,000
Assets and Liabilities:
- Total Assets: $202,931
- Total Liabilities: $509,524
- Net Assets: -$306,593
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Organization Details
Founding Year
2022
Phone
(601) 353-5423Principal Officer
Dr Rozell Chapman
Main Address
17280 Highway 17, Lexington, MS, 39095
NTEE Category
Code: G90 - Disease
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