HEALTH SYSTEMS REAL ESTATE INC Charity Report

Public IRS 990 nonprofit record

HEALTH SYSTEMS REAL ESTATE INC

EIN 43-2007488 · Nursing (E90)

What they do

THE ORGANIZATION is ORGANIZED to PROVIDE for (I) THE ACQUISITION, FINANCING, LEASING, MAINTENANCE and OWNERSHIP of SKILLED NURSING FACILITIES, PERSONAL CARE HOMES, ASSISTED LIVING FACILITIES, CONGREGATE CARE FACILITIES, OTHER TYPES of SENIOR LIVING and HOUSING FACILITIES and OTHER TYPES of INPATIENT or OUTPATIENT FACILITIES to PROVIDE THE FACILITIES THROUGH WHICH HEALTHCARE SERVICES and RELATED SERVICES MAY BE CONDUCTED BY MEMBERS of THE COMMUNITY HEALTH SYSTEMS, INC. (CHSI) INTEGRATED HEALTHCARE DELIVERY SYSTEM (IHDS); (II) to THE EXTENT DETERMINED APPROPRIATE or NECESSARY, THE LEASING and SUBLEASING of SUCH FACILITIES to ONE or MORE MEMBERS of THE CHSI IHDS, and (III) THE USE of THE ORGANIZATIONS LEASED or OWNED UNIMPROVED REAL ESTATE or IMPROVED REAL ESTATE IN LIMITED LIABILITY COMPANY, GROUND LEASE, PARNTERSHIP or OTHER ARRANGEMENTS to PROVIDE THE CHSI IHDS WITH THE USE of EITHER THE APPLICABLE UNIMPROVED REAL ESTATE AND/OR REAL ESTATE IMPROVEMENTS THROUGH WHICH MEMBERS of THE IHD

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.23%of revenue went to mission work100.0% of expenses · Program services

$80.23spent for every $100 of revenueRevenue covered expenses this year.

$5.56in assets for every $1 spent this yearSome assets cannot be spent right away.

43.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $288,513 for EDWARD S NELSON (SVP - REAL E). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$36,770,071

Mission workProgram services$29,501,87980.23% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$7,268,19219.77% of revenueShown in gray on the chart

Total expenses$29,501,87980.23% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 80.23% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 53.59% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 68.93% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 35.85% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 38.88% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 43.29% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 56.56% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 58.95% of revenue

Money in and money out

Revenue$36,770,071

Expenses$29,501,879

Annual surplus $7,268,192 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$29,501,879 · 100.0% of expenses

See all reported dollar amounts

Revenue$36,770,071

Expenses$29,501,879

Assets$164,127,607

Income$37,533,992

Contributions$15,914,680

Mission work (program services)$29,501,879

Grants given$17,109,347

Average grant$8,554,674

Executive compensation (total)$379,211

Accounting fees$37,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

EDWARD S NELSONSVP - REAL E · 40 hrs/week $288,513Base $252,012 · Other $36,501

STEPHEN BUSHVP- ENGINEER · 40 hrs/week $179,518Base $149,233 · Other $30,285

LAURA KENNEDYVP-DESIGN · 40 hrs/week $134,309Base $108,452 · Other $25,857

LORRAINE T TAYLORSECRETARY · 4 hrs/week $40,720Base · Other $40,720

RONNIE ROLLINSDIRECTOR/PRE · 4 hrs/week $39,933Base · Other $39,933

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

EDWARD S NELSONSVP - REAL E

STEPHEN BUSHVP- ENGINEER

LAURA KENNEDYVP-DESIGN

LORRAINE T TAYLORSECRETARY

RONNIE ROLLINSDIRECTOR/PRE

JOSEPH A WALLCHAIRMAN

PAUL A CABLEDIRECTOR

About this charity

Recognized since: January 2003
Location: 110 STONE BROOKE DR, GRAY, GA 31032-5865
County: Jones
In care of: % RONNIE D ROLLINS
Primary officer: LORRAINE T TAYLOR, SECRETARY

How to reach them

Phone(478) 621-2040

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
NTEE classification: Nursing (E90)
IRS tax category: Nursing
Grant-giving organization: Yes