Gilchrist Baltimore Center Support Corporation

Organization Overview

Gilchrist Baltimore Center Support Corporation is located in Hunt Valley, MD. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilchrist Baltimore Center Support Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

N/A

Describe the Organization's Mission:

Part 3 - Line 1

THE SPECIFIC OBJECTIVES OF THE CORPORATION SHALL BE TO: (I) SUPPORT GILCHRIST HOSPICE CARE, INC. ("GHC") SO LONG AS SUCH ORGANIZATION CONTINUES TO BE CREATED AND ORGANIZED FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE; (II) DEVELOP, INITIATE, AND OPERATE PROJECTS THAT ARE CONSISTENT WITH THE NEEDS OF GHC; AND (III) ENGAGE IN ANY LAWFUL ACT OR ACTIVITY IN FURTHERANCE OF THE FOREGOING, PROVIDED SUCH ACTIVITIES ARE NOT IN VIOLATION, OR INCONSISTENT WITH, THE CORPORATION'S STATUS AS A CHARITABLE AND EDUCATIONAL ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GILCHRIST BALTIMORE CENTER SUPPORT CORPORATION ("GBCSC") WAS CREATED PRIMARILY TO SERVE AS THE QUALIFIED LOW INCOME BUSINESS ("QALICB") FOR PURPOSES OF THE NEW MARKET TAX CREDIT ("NMTC") FINANCING AGREEMENT FOR THE NEW INPATIENT HOSPICE FACILITY AT STADIUM PLACE, IN BALTIMORE CITY. IN THIS CAPACITY, GBCSC RECEIVED QUALIFIED LOW INCOME COMMUNITY INVESTMENT ("QLICI") LOANS TO FUND CONSTRUCTION OF THE NEW FACILITY. UPON COMPLETION OF CONSTRUCTION, GBCSC WILL LEASE THE FACILITY TO GILCHRIST HOSPICE CARE, INC., ("GILCHRIST"), AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). GILCHRIST WILL USE THE FACILITY TO PROVIDE INPATIENT HOSPICE AND ELDER MEDICAL CARE TO RESIDENTS OF BALTIMORE CITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tydings & Rosenberg Llp
Legal Svcs - Licensing, Org, & Nmtc Rep
$198,909
Karl Malloy
Consulting Related To Nmtc Transaction
$150,000
View All Vendors

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Gilchrist Baltimore Center Support Corporation has recieved totaling $1,956,414.

Awarding OrganizationAmount
Gilchrist Hospice Care Inc

Hunt Valley, MD

PURPOSE: UPFRONT COSTS INCURRED BY GBCSC RELATED TO NMTC TRANSACTION AND GENERAL SUPPORT

$1,956,414
View Grant Recipient Profile

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