Public Charity

HEALTH SYSTEMS REAL ESTATE INC

HEALTH SYSTEMS REAL ESTATE INC is a Public Charity headquartered in GRAY, GA. Financial data from the 2025 filing: $36.8M revenue, $29.5M expenses, $164.1M total assets.

EIN: 432007488 GRAY, GA Nursing NTEE: E90 Latest filing: 2025
Total Revenue$36.8M
Total Expenses$29.5M
Total Assets$164.1M
Grant Records2
Filing Years2021–2025

Mission

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 ORGANIZATION'S 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

Where $100 goes at Health Systems Real Estate Inc

How Health Systems Real Estate Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Finance, acquire, lease, maintain and own real estate to be used by members of the chsi integrated healthcare delivery system to carry out their respective charitable purposes
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SVP - REAL E Edward S Nelson
CHAIRMAN Joseph A Wall
VP-DESIGN Laura Kennedy
SECRETARY Lorraine T Taylor
DIRECTOR Paul A Cable
DIRECTOR/PRE Ronnie Rollins

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $36.8M $29.5M $164.1M
2024 $25.5M $13.7M $156.8M
2023 $14.1M $9.7M $150.5M
2022 $22.7M $8.1M $129.2M
2021 $19.2M $7.5M $136.7M

Between 2021 and 2025, reported annual revenue grew from $19.2M to $36.8M (+92%), with total assets most recently reported at $164.1M.

Interactive year-over-year charts and full filing details available with membership.

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