Hospice Charitable Properties Inc
- Assets
- $4.7m
- Revenue
- -$406.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 01/2016
- Data as of
- 09/2023
- EIN
- 46-1574818
Organization Overview
Hospice Charitable Properties Inc is located in Fresno, CA. The organization was established in 2016. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospice Charitable Properties Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 09/2023, Hospice Charitable Properties Inc generated -$406.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO HOLD TITLE TO PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE NET INCOME TO HINDS HOSPICE, A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION, WHICH IS ITS IRC 501(A) TAX-EXEMPT PARENT ORGANIZATION, AS CONTEMPLATED BY IRC 501(C)(2).
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPICE CHARITABLE PROPERTIES, INC. ("HCPI") IS A WHOLLY OWNED SUBSIDIARY OF HINDS HOSPICE, A 501(C)(3) CORPORATION. IT IS A TITLE HOLDING CORPORATION PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(2). HCPI WAS ESTABLISHED TO HOLD TITLE TO COMMERCIAL PROPERTY AND MANAGE THE RENTAL ACTIVITIES, FOR WHICH HINDS HOSPICE IS THE ANCHOR TENANT. FROM TIME TO TIME, THE HOSPICE MAY RECEIVE CHARITABLE BEQUESTS OF OTHER PROPERTIES, WHICH MAY BE CONTRIBUTED TO THE ORGANIZATION TO HOLD TITLE AND TURN NET INCOME OVER TO THE HOSPICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Klimes Ceo/president | Officer | 5 | $0 |
Bobby Fena Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $38,912 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$445,744 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$406,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,149 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $470 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,945,100 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $621,969 |
| Total assets | $4,685,688 |
| Accounts payable and accrued expenses | $51,899 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,335,166 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,088,780 |
| Total liabilities | $6,475,845 |
| Net assets without donor restrictions | -$1,790,157 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,685,688 |