Overview
What is Shf Properties Inc?
Shf Properties Inc is a nonprofit organization, established as a subsidiary of Sierra Health Foundation (SHF), located in Sacramento, California. Its primary function is to manage and, if necessary, liquidate real estate properties or interests that have been transferred from Sierra Health Foundation. This nonprofit is responsible for holding the title to these properties and distributing any associated income back to Sierra Health Foundation.
Is Shf Properties Inc legitimate?
Shf Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Shf Properties 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
For more financial information, click here
What is the mission statement of Shf Properties Inc?
Shf Properties Inc, a subsidiary of Sierra Health Foundation, serves as a nonprofit organization with a primary mission. This mission involves holding title to real property or real property interests that have been transferred by Sierra Health Foundation. The main objective is to generate income by managing these properties, which is then remitted back to Sierra Health Foundation. Essentially, Shf Properties Inc acts as a custodian of real estate assets for Sierra Health Foundation, contributing financially to its operations.
Who is the CEO of Shf Properties Inc?
Chet P Hewitt is the CEO of Shf Properties Inc The CEO's salary of Shf Properties Inc is $0 and their total compensation is $546,770.
What is the revenue of Shf Properties Inc?
Shf Properties Inc's revenue in 2023 was $0.
Who are the executives of Shf Properties Inc and what are their salaries?
Here are 10 key members and their salaries (Shf Properties Inc's CEO's salary is $0 and their total compensation is $546,770):
- Compensation: $0
- Related: $513,650
- Other: $33,120
- Compensation: $0
- Related: $17,360
- Other: $0
- Compensation: $0
- Related: $17,360
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $16,760
- Other: $0
- Compensation: $0
- Related: $22,560
- Other: $0
- Compensation: $0
- Related: $17,360
- Other: $0
- Compensation: $0
- Related: $18,760
- Other: $0
- Compensation: $0
- Related: $57,154
- Other: $3,065
- Compensation: $0
- Related: $29,453
- Other: $1,151
Where can I find the form 990 for Shf Properties Inc?
Shf Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shf Properties Inc
Shf Properties Inc, a wholly-owned subsidiary of Sierra Health Foundation (SHF), is a nonprofit organization with a specific mission. This mission involves holding title to real property or real property interests that have been transferred by Sierra Health Foundation. The primary objective of Shf Properties Inc is to manage these properties effectively, ensuring their preservation or liquidation as necessary. The organization's role is to collect and remit any income derived from these properties back to Sierra Health Foundation. In essence, Shf Properties Inc serves as a property management arm for Sierra Health Foundation, contributing to its overall mission by managing its real estate assets.
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Impact
October, 2024
Shf Properties Inc plays a significant role in managing real property assets that are integral to the mission of the Sierra Health Foundation. By holding and potentially liquidating real property interests, it ensures that these assets are effectively utilized to support the Foundation's initiatives. This organization acts as a steward of properties that can generate income, which is then remitted back to the Sierra Health Foundation to further their community-focused efforts.
Located in Sacramento, California, Shf Properties Inc is a vital link in maintaining and enhancing the Foundation's financial stability. Its activities directly contribute to community improvement by facilitating the strategic use or disposal of properties, ensuring that resources are maximized for philanthropic endeavors. This not only bolsters the economic foundation of the Sierra Health Foundation but also allows for reinvestment into programs that benefit the community at large. Through its stewardship of real estate assets, Shf Properties Inc reinforces the Foundation's overall mission to foster community well-being and health improvements.
This information is meant to be a general summary of Shf Properties 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 2023.
- Gross Receipts: $25
Assets and Liabilities:
- Total Assets: $2,050,000
- Total Liabilities: $0
- Net Assets: $2,050,000
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Organization Details
Founding Year
1996
Principal Officer
Chet P Hewitt
NTEE Category
Code: S47 - Community improvement
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