Overview
What is Wellspan Properties Inc?
Wellspan Properties Inc is a charitable corporation based in York, Pennsylvania, which supports its parent company, Wellspan Health, and related entities, forming part of a comprehensive healthcare delivery system. As a community-focused, not-for-profit organization, Wellspan Health aims to lead in developing, delivering, and coordinating high-quality, convenient, and affordable health care services that enhance the health and well-being of the people it serves. Through more than 130 patient care locations, the organization offers various services, including diagnostic imaging, laboratory testing, rehabilitation, primary care, retail pharmacy, walk-in health care, and other essential services. With approximately 1,200 medical and dental staff members, 8 hospitals, and more than 43,000 annual admissions, the system provides comprehensive worksite wellness services, an employee assistance program, and serves over 30,000 residents in seven counties. Wellspan Properties, exempt from federal income tax, generates revenue by charging rent for its facilities and supports its 501(C)(3) affiliates to improve access to coordinated, high-quality healthcare services, educate the healthcare providers of tomorrow, promote healthy lifestyles, and make local communities healthier places to live, work, and play.
Official website here: www.wellspan.org
Is Wellspan Properties Inc legitimate?
Wellspan Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspan 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.
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
Official website here: www.wellspan.org
What is the mission statement of Wellspan Properties Inc?
Wellspan Properties Inc is a charitable corporation that develops medical centers and leases them to tax-exempt affiliates. As a support organization for Wellspan Health and related companies, it contributes to a healthcare delivery system dedicated to delivering and coordinating high-quality, affordable health services. Through more than 130 patient care locations offering various services, including diagnostic imaging, laboratory testing, rehabilitation, primary care, retail pharmacy, and walk-in healthcare, Wellspan Properties enhances access to comprehensive healthcare services. The organization takes advantage of tax-exempt bond pools to finance facility purchases or construction, and generates revenue by charging rent for its facilities. Nearly all revenue comes from purely public, affiliated charitable organizations. Wellspan Properties' mission aligns with its parent company, supporting its affiliates to improve the health and well-being of the people they serve.
Official website here: www.wellspan.org
Who is the CEO of Wellspan Properties Inc?
Roxanna Gapstur is the President & Ceo - Wellspan Health of Wellspan Properties Inc. The CEO's salary of Wellspan Properties Inc is $0 and their total compensation is $2,253,459.
Official website here: www.wellspan.org
What is the revenue of Wellspan Properties Inc?
Who are the executives of Wellspan Properties Inc and what are their salaries?
- Roxanna Gapstur (President & Ceo - Wellspan Health) [Trustee/Director]
- John Porter (Chairman) [Trustee/Director]
- Laura Buczkowski (Executive Vp & Cfo - Wellspan Health) [Trustee/Director]
- Michael O'Connor (Former Director)
- Victoria Diamond (Vice Chair) [Trustee/Director]
- Chrysta Stine (Director (Departed 12/21))
- Andrew Walker (Director)
Official website here: www.wellspan.org
Where can I find the form 990 for Wellspan Properties Inc?
The Wellspan Properties Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wellspan.org
Learn more at the official website: www.wellspan.org
Mission Statement of Wellspan Properties Inc
Wellspan Properties Inc, a charitable corporation, is dedicated to developing medical centers and leasing them to tax-exempt affiliates. This organization plays a significant role in supporting its parent company, Wellspan Health, and related entities, collectively known as a healthcare delivery system. Wellspan Properties aims to improve the health and well-being of the people it serves by providing access to quality, convenient, and affordable healthcare services.
Wellspan Properties' efforts result in more than 130 patient care locations offering various services such as diagnostic imaging, laboratory testing and analysis, rehabilitation, primary care, retail pharmacy, walk-in healthcare, and other essential services. These services are provided through 47 ambulatory care and outpatient sites and six retail pharmacy sites, as well as approximately 1200 medical and dental staff members, eight hospitals with over 850 beds and more than 43,000 annual admissions. Wellspan Health also includes York Health Plan, a preferred provider organization and third-party administrator serving 55 employers and nearly 30,000 residents, and South Central Preferred. Additionally, Wellspan Properties offers comprehensive workplace wellness services, including an Employee Assistance Program (EAP), serving over one hundred fifty employers with more than 100,000 lives.
Wellspan Properties, exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, generates revenue by charging rent for its facilities. The majority of its revenue, 95.4%, is derived from purely public, affiliated charitable organizations. Wellspan Properties' mission is to support its tax-exempt 501(c)(3) affiliates, including York Hospital, Gettysburg Hospital, Wellspan Medical Group, The Good Samaritan Hospital of Lebanon Pennsylvania, Ephrata Community Hospital, VNA Home Health Services, and VNA Community Services. All of these supported affiliates are purely public charities and exempt from Pennsylvania sales tax.
Impact
This information is meant to be a general summary of Wellspan Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Wellspan Properties Inc's impact lies in supporting Wellspan Health and its affiliates in improving the health and well-being of the communities they serve. By developing medical centers and leasing them to tax-exempt affiliates, Wellspan Properties Inc plays a crucial role in providing access to coordinated, high-quality, cost-effective healthcare services. This contributes to the overall mission of Wellspan Health to be the leader in delivering healthcare services that enhance the health and well-being of individuals in York, Adams, Lancaster, and surrounding counties. Through its strategic real estate transactions, Wellspan Properties Inc helps facilitate the provision of essential healthcare services such as diagnostic imaging, laboratory testing, rehabilitation, primary care, and more to local residents. This ultimately makes the local communities healthier and more desirable places to live, work, and play.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE EXEMPT
Revenue
$20,419,813
Organization Details
Founding Year
1987
Phone
(717) 851-3055
Principal Officer
Roxanna Gapstur
Main Address
PO BOX 2767, YORK, PA, 174052767
Website
www.wellspan.org
NTEE Category
Code: L99Z - Housing
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