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Commonspirit Health Operating Investment Pool Llc

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

EIN: 850919176 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Commonspirit Health Operating Investment Pool Llc?

Commonspirit Health Operating Investment Pool Llc is a holding entity that manages and invests the operating capital for Commonspirit Health, a Colorado nonprofit corporation, and several of its related entities. By pooling their resources, they aim to increase operational efficiencies, decrease costs, and gain access to sophisticated institutional asset managers. This nonprofit organization, under the umbrella of Catholic Health Care Federation and the Church, operates with religious and healthcare purposes as described in Section 501(C)(3) of the Code and is classified as a public charity under 509(A) of the Code. The organization's mission is to steward and grow the capital through the Operating Pool, enabling Commonspirit and its subsidiaries to effectively carry out their objectives.


Is Commonspirit Health Operating Investment Pool Llc legitimate?

Commonspirit Health Operating Investment Pool Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonspirit Health Operating Investment Pool Llc 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 Commonspirit Health Operating Investment Pool Llc?
Who is the CEO of Commonspirit Health Operating Investment Pool Llc?
What is the revenue of Commonspirit Health Operating Investment Pool Llc?
Who are the executives of Commonspirit Health Operating Investment Pool Llc and what are their salaries?
Where can I find the form 990 for Commonspirit Health Operating Investment Pool Llc?

Mission Statement of Commonspirit Health Operating Investment Pool Llc

Commonspirit Health Operating Investment Pool, LLC (CSH OIP) serves as the financial backbone of Commonspirit Health, a Colorado-based nonprofit corporation, and numerous related entities. This organization holds and manages the operating capital for this extensive network, enabling them to carry out the religious and healthcare purposes of Catholic Health Care Federation in accordance with Section 501(c)(3) of the Code. As public charities under 509(a) of the Code, CSH OIP's activities are directly or indirectly controlled by Commonspirit and its affiliated subsidiaries, joint operating companies, or founding religious sponsors of various hospitals within the corporate family.

Impact

This information is meant to be a general summary of Commonspirit Health Operating Investment Pool Llc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Commonspirit Health Operating Investment Pool Llc's impact is crucial in stewarding and growing the operating capital for Commonspirit Health and its related entities. By effectively managing these funds through the operating pool, the organization enhances its operational efficiencies, reduces costs, and benefits from economies of scale. This, in turn, supports Commonspirit Health in fulfilling its objectives associated with Catholic Health Care Federation and the Church.





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: $921,229,161
  • Program Service Revenue: $0
  • Gross Receipts: $10,300,348,132

    • Assets and Liabilities:
  • Total Assets: $15,205,466,340
  • Total Liabilities: $694,364,551
  • Net Assets: $14,511,101,789
  • Organization Details

    Founding Year

    2020

    Principal Officer

    Lisa Zuckerman

    Main Address

    185 BERRY STREET SUITE 200, SAN FRANCISCO, CA, 94107

    NTEE Category

    Code: X22 - Religion related

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