nonprofit logo

Methodist Services Inc

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

EIN: 371111134 ✦ Peoria, IL ✦ Designated as a 501(c)(3)

Overview

What is Methodist Services Inc?

Methodist Services Inc is a nonprofit organization located at 221 Northeast Glen Oak Avenue, Peoria, Illinois, 61636. Their core business involves the rental of physicians' office buildings, management of various physicians' offices, and holding property for future expansion of Methodist Medical Center of Illinois, Proctor Health Systems, Proctor Hospital, Park Court Limited, and Pekin Memorial Hospital. The organization's mission is centered around property rentals, managing physicians' offices, and preparing for future hospital expansions.


Is Methodist Services Inc legitimate?

Methodist Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Services 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


What is the mission statement of Methodist Services Inc?
Who is the CEO of Methodist Services Inc?
What is the revenue of Methodist Services Inc?
Who are the executives of Methodist Services Inc and what are their salaries?
Where can I find the form 990 for Methodist Services Inc?

Mission Statement of Methodist Services Inc

Methodist Services Inc is a dedicated organization that focuses on property rentals and management, with a significant role in supporting the expansion of various healthcare facilities. In simple terms, this nonprofit organization plays a pivotal part in leasing out buildings for physicians' offices and managing parking facilities. More than that, Methodist Services Inc also holds properties intended for future expansion projects of Methodist Medical Center of Illinois, Proctor Health Systems, Proctor Hospital, Park Court Limited, and Pekin Memorial Hospital.

By providing rental solutions for physicians' offices, Methodist Services Inc ensures the smooth operation of various medical institutions. The leased buildings are managed efficiently, enabling healthcare professionals to deliver quality care to their patients. Furthermore, the parking decks under Methodist Services Inc's management are crucial in accommodating the influx of patients and visitors to these healthcare facilities.

In pursuit of growth, Methodist Services Inc also holds properties destined for future expansions of the listed healthcare institutions. The organization's commitment to the healthcare sector extends beyond its current roles, making it an essential partner in the development and progression of these medical organizations. The rental income generated through the leasing of physicians' office buildings and parking decks likely contributes to the funding of these future expansion projects, ensuring that the healthcare institutions continue to meet the evolving needs of their communities.

Impact

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




Thursday, August 15, 2024

Methodist Services Inc's impact is significant in the healthcare sector, particularly in the management and rental of physicians' office buildings, parking decks, and various healthcare facilities held for future expansion. By providing these essential services, Methodist Services Inc plays a crucial role in supporting the operations and growth of Methodist Medical Center of Illinois, Proctor Health Systems, Proctor Hospital, Park Court Limited, and Pekin Memorial Hospital. This support contributes to the infrastructure and efficiency of these healthcare institutions, ultimately helping to improve access to quality healthcare services for the community in Peoria, Illinois.





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: $24,123
  • Program Service Revenue: $12,783,042
  • Gross Receipts: $13,149,508

    • Assets and Liabilities:
  • Total Assets: $102,224,134
  • Total Liabilities: $5,842,191
  • Net Assets: $96,381,943
  • Programs

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

    RENTAL INCOME

    Revenue

    $12,783,042

    Organization Details

    Founding Year

    1981

    Principal Officer

    Keith Knepp Md

    Main Address

    221 NORTHEAST GLEN OAK AVENUE, PEORIA, IL, 61636

    NTEE Category

    Code: E110 - Health

    If you are a representative of Methodist Services Inc 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.