Royal Charter Properties Inc

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

EIN: 133158502 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Royal Charter Properties Inc?

Royal Charter Properties Inc is a nonprofit organization whose primary goal is to manage and enhance the value of real estate assets and investments under its umbrella. Based in New York, NY (10065), the team behind this organization provides superior customer service in the Hospital's housing, parking, and guest facility accommodations. Their mission is to exclusively apply collected income to charitable, educational, and scientific purposes, contributing to the fiscal well-being of the hospital. The employees of NewYork-Presbyterian Hospital's Real Estate Department oversee the operations of Royal Charter Properties Inc, aiming to offer the highest quality of service to the hospital's staff, visitors, and guests.


Official website here: www.nyp.org/realestate

Is Royal Charter Properties Inc legitimate?

Royal Charter Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Charter Properties 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: $2,464,979

For more financial information, click here


Official website here: www.nyp.org/realestate

What is the mission statement of Royal Charter Properties Inc?

Royal Charter Properties Inc is committed to acquiring and holding real estate interests, with the income generated applied solely to charitable, educational, and scientific purposes. The professionals in New York-Presbyterian Hospital's Real Estate Department, under the umbrella of Royal Charter Properties, strive for excellence in customer service for the hospital's staff, visitors, and guests in its housing, parking, and guest facility accommodations. Their primary goal is to enhance the value of the real estate assets and investments, contributing to the hospital's financial well-being.


Official website here: www.nyp.org/realestate

What is the revenue of Royal Charter Properties Inc?

Royal Charter Properties Inc's revenue in 2022 was $45,685,024.


Official website here: www.nyp.org/realestate

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

Here are 25 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

    • Benito Sequeira (Dir-Finance Real Estate)
  • Compensation: $0
  • Related: $244,086
  • Other: $53,858

    • John Mcadams (Director-Real Estate)
  • Compensation: $0
  • Related: $233,846
  • Other: $58,181

    • Edward Cleveland (Dir-Real Estate)
  • Compensation: $0
  • Related: $213,480
  • Other: $61,866

    • Imad N Saad (Dir Parking)
  • Compensation: $0
  • Related: $226,487
  • Other: $42,851

    • Ralph Bohnenberger (Enterprise Lease Administrator)
  • Compensation: $0
  • Related: $191,210
  • Other: $37,994

    • 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

    • 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 Inc?

    The Royal Charter Properties 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 Inc

    Royal Charter Properties Inc, a dedicated real estate organization, is committed to acquiring and holding interests in real estate with the primary objective of applying income exclusively to charitable, educational, and scientific purposes. The professional employees of NewYork-Presbyterian Hospital's Real Estate Department, under the umbrella of Royal Charter Properties, strive to provide the highest quality of customer service to the hospital's staff, visitors, and guests in its housing, parking, and guest facility accommodations. They aim to enhance the value of the real estate assets and investments, contributing significantly to the fiscal well-being of the hospital. The team's dedication extends beyond providing exceptional customer service; they are passionate about making a difference through real estate. By managing and maintaining the properties effectively, they ensure that the contributions made to charitable, educational, and scientific causes continue to thrive. With a focus on excellence and a strong sense of purpose, Royal Charter Properties Inc plays a vital role in supporting the mission of NewYork-Presbyterian Hospital.

    Impact

    This information is meant to be a general summary of Royal Charter Properties 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 Inc's impact lies in its crucial role in managing and enhancing the real estate assets and investments that contribute to the fiscal well-being of NewYork-Presbyterian Hospital. The professional employees dedicated to this mission ensure that the hospital's staff, visitors, and guests receive the highest quality of customer service in housing, parking, and guest facility accommodations. By acquiring and holding interests in real estate and collecting income exclusively for charitable, educational, and scientific purposes, Royal Charter Properties Inc directly supports the hospital's operations and overall mission to provide exceptional healthcare services. Through their efforts, the organization plays a vital part in upholding the hospital's financial sustainability and ensuring a positive environment for all who interact with NewYork-Presbyterian Hospital.





    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: $11,912
  • Program Service Revenue: $45,143,308
  • Gross Receipts: $45,685,024

    • Assets and Liabilities:
  • Total Assets: $136,038,442
  • Total Liabilities: $27,459,703
  • Net Assets: $108,578,739
  • Programs

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

    RENTAL INCOME

    Revenue

    $21,601,558

    PARKING

    Revenue

    $23,541,750

    Organization Details

    Founding Year

    1982

    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 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.