Mmc Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133430322 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Mmc Corporation?

Mmc Corporation is a New York-based not-for-profit organization, exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Established to support and benefit healthcare provision in the New York area, Mmc Corporation owns several properties, primarily leased to Montefiore Medical Center and Montefiore Health System, located in the Bronx and Tarrytown, New York. The organization's mission is to manage real estate for these healthcare institutions to ensure the continuity and expansion of their services in the communities they serve.


Is Mmc Corporation legitimate?

Mmc Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mmc 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.

Here 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 Mmc Corporation?
Who is the CEO of Mmc Corporation?
What is the revenue of Mmc Corporation?
Who are the executives of Mmc Corporation and what are their salaries?
Where can I find the form 990 for Mmc Corporation?

Mission Statement of Mmc Corporation

MMC Corporation, a New York State not-for-profit organization, is dedicated to supporting the provision of healthcare through the ownership and management of real estate. Established with the mission to benefit the health care sector, MMC Corporation exempts from federal income tax under Section 501(a) of the Internal Revenue Code as an organization described in section 501(c)(3) of the Code.

In pursuit of its mission, MMC Corporation manages properties primarily leased to Montefiore Medical Center and Montefiore Health System. These properties serve as vital resources, enabling the delivery of healthcare services in the communities they serve. The corporation's real estate holdings are not limited to one specific location and have contributed significantly to the health care infrastructure in the New York area.

MMC Corporation's purpose goes beyond just owning and managing real estate. By providing facilities for Montefiore Medical Center and Montefiore Health System, the organization plays a crucial role in ensuring the continuity and success of healthcare provision. The corporation's commitment to this cause is unwavering, leading to a positive impact on the lives of countless individuals.

Impact

This information is meant to be a general summary of Mmc Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Mmc Corporation's impact lies in owning and operating real estate specifically for the use of Montefiore Medical Center and Montefiore Health System, Inc. This support enables the provision of healthcare services to the communities served by these institutions, particularly in the New York area. By managing properties in the Bronx and Tarrytown, New York, Mmc Corporation plays a crucial role in facilitating the delivery of healthcare services and ultimately contributes to the improvement of community health.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $45,124
  • Program Service Revenue: $13,743,418
  • Gross Receipts: $13,788,542

    • Assets and Liabilities:
  • Total Assets: $87,945,395
  • Total Liabilities: $63,044,141
  • Net Assets: $24,901,254
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $13,743,418

    Organization Details

    Founding Year

    1984

    Principal Officer

    Philip O Ozuah Md Phd

    Main Address

    111 EAST 210TH STREET, BRONX, NY, 104672401

    NTEE Category

    Code: S47 - Community improvement

    If you are a representative of Mmc Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.