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Royal Charter Properties East Inc

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

EIN: 133158496 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Royal Charter Properties East Inc?

Royal Charter Properties East Inc is a nonprofit organization based in New York, specifically at 525 East 68th Street, Box 156. The team behind this organization is part of NewYork-Presbyterian Hospital's Real Estate Department, committed to delivering superior customer service to the hospital's staff, visitors, and guests in their housing, parking, and guest facility accommodations. Under the Royal Charter Properties umbrella, they aim to enhance the value of the real estate assets and investments contributing to the hospital's financial well-being. Their primary mission is to acquire and hold direct and indirect interests in real estate, with the income applied exclusively to charitable, educational, and scientific purposes.


Official website here: www.nyp.org/realestate

Is Royal Charter Properties East Inc legitimate?

Royal Charter Properties East Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Charter Properties East 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: $533,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,058

For more financial information, click here


Official website here: www.nyp.org/realestate

What is the mission statement of Royal Charter Properties East Inc?

Royal Charter Properties East Inc is committed to acquiring and holding real estate interests, with the income generated being used exclusively for charitable, educational, and scientific purposes. The professionals in New York-Presbyterian Hospital's Real Estate Department, under the umbrella of Royal Charter Properties, strive to provide top-notch customer service in the hospital's housing, parking, and guest facility accommodations. Their dedication extends to enhancing the value of the real estate assets and investments, contributing to the hospital's overall financial well-being.


Official website here: www.nyp.org/realestate

What is the revenue of Royal Charter Properties East Inc?

Royal Charter Properties East Inc's revenue in 2022 was $67,619,567.


Official website here: www.nyp.org/realestate

Who are the executives of Royal Charter Properties East Inc and what are their salaries?

Here are 21 key members and their salaries:

    Steven J Corwin (Board Of Directors)
  • Compensation: $0
  • Related: $8,933,522
  • Other: $4,958,678

    • Laura L Forese (Former Officer)
  • Compensation: $0
  • Related: $6,669,549
  • Other: $169,275

    • Michael P Breslin (Gsvp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $2,214,819
  • Other: $78,240

    • Mary Beth Claus (Gsvp, Clo & General Counsel)
  • Compensation: $0
  • Related: $2,236,322
  • Other: $42,073

    • Herbert Pardes (Board Of Directors)
  • Compensation: $0
  • Related: $2,127,285
  • Other: $0

    • Maxine Frank (Former Officer)
  • Compensation: $0
  • Related: $1,505,722
  • Other: $238,310

    • Joseph A Ienuso (President)
  • Compensation: $0
  • Related: $1,613,071
  • Other: $63,659

    • Richard Einwechter (Vp And Ass'T Treasurer)
  • Compensation: $0
  • Related: $739,004
  • Other: $87,735

    • John V Campano (Ass'T Corp Secretary)
  • Compensation: $0
  • Related: $558,080
  • Other: $85,347

    • Kenrick T Ou (Corp. Director Real Estate)
  • Compensation: $0
  • Related: $334,543
  • Other: $36,138

    • Melissa E Welch (Corporate Secretary)
  • Compensation: $0
  • Related: $181,801
  • Other: $34,665

    • Mary Braunsdorf (Ass'T Corp Secretary)
  • Compensation: $0
  • Related: $183,554
  • Other: $25,763

    • Marie Kupfer (Guest Facilities Manager)
  • Compensation: $0
  • Related: $151,593
  • Other: $40,248

    • Bruce A Beal Jr (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harrison T Lefrak (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey A Harris (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonard A Wilf (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter S Kalikow (Chairman Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Milstein (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond J Mcguire (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob J Speyer (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nyp.org/realestate

    Where can I find the form 990 for Royal Charter Properties East Inc?

    The Royal Charter Properties East Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nyp.org/realestate

    Learn more at the official website: www.nyp.org/realestate

    Mission Statement of Royal Charter Properties East Inc

    Royal Charter Properties East Inc, a dedicated real estate organization, is committed to acquiring and holding both direct and indirect interests in real estate. This New York-based company channels all income derived from its real estate ventures towards charitable, educational, and scientific purposes.

    The professional employees of New York-Presbyterian Hospital's Real Estate Department, the driving force behind Royal Charter Properties East Inc, strive for excellence in providing top-notch customer service for the hospital's staff, visitors, and guests. Their responsibilities encompass housing, parking, and guest facility accommodations. Under the Royal Charter Properties umbrella, these dedicated individuals aim to enhance the value of the real estate assets and investments that significantly contribute to the fiscal well-being of the hospital.

    Impact

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




    Thursday, August 15, 2024

    Royal Charter Properties East Inc, which operates under the umbrella of NewYork-Presbyterian Hospital's real estate department, is dedicated to providing high-quality customer service and enhancing the value of real estate assets. Specifically, the professional employees of this organization focus on managing housing, parking, and guest facility accommodations for the hospital's staff, visitors, and guests. By efficiently managing real estate assets and investments, Royal Charter Properties East Inc plays a crucial role in contributing to the hospital's fiscal well-being. Their impact directly benefits the operations and offerings of NewYork-Presbyterian Hospital, ultimately supporting its mission to provide top-notch healthcare services to the community.





    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: $589,959
  • Program Service Revenue: $66,564,391
  • Gross Receipts: $67,619,567

    • Assets and Liabilities:
  • Total Assets: $207,156,242
  • Total Liabilities: $212,606,422
  • Net Assets: -$5,450,180
  • Programs

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

    RENTAL INCOME

    Revenue

    $62,228,152

    PARKING INCOME

    Revenue

    $4,336,239

    Organization Details

    Founding Year

    1983

    Main Address

    525 EAST 68TH STREET BOX 156, NEW YORK, NY, 10065

    NTEE Category

    Code: E00 - Health

    If you are a representative of Royal Charter Properties East 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.