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Loretto Rest Realty Corporation

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

EIN: 161019465 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

Overview

What is Loretto Rest Realty Corporation?

Loretto Rest Realty Corporation is a prominent organization situated in Syracuse, New York, with a postal address at 700 E Brighton Ave. The company's primary focus is on the healthcare sector, owning real property and leasing it to Loretto Health & Rehabilitation Center, a skilled nursing facility with 583 beds. Beyond this, Loretto Rest Realty Corporation also extends its services to the healthcare domain by operating a clinic that provides dental, podiatry, and vision care to its patients. The organization's activities also involve leasing real estate to healthcare organizations, thereby contributing to the healthcare industry as a whole. With a workforce of 1543 employees, the company plays a significant role in the Syracuse community, providing essential healthcare services and real estate solutions.


Official website here: www.lorettocny.org

Is Loretto Rest Realty Corporation legitimate?

Loretto Rest Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loretto Rest Realty Corporation 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: $14,023

For more financial information, click here


Official website here: www.lorettocny.org

What is the mission statement of Loretto Rest Realty Corporation?

Loretto Rest Realty Corporation primarily focuses on two main areas: healthcare and leasing space to healthcare companies. In the healthcare sector, the corporation operates a clinic that provides dental, podiatry, and vision services to patients. Additionally, Loretto Rest Realty Corporation leases real property to Loretto Health & Rehabilitation Center, a skilled nursing facility. The company's mission, therefore, can be interpreted as contributing to the healthcare sector by offering essential medical services and providing real estate for healthcare institutions.


Official website here: www.lorettocny.org

Who is the CEO of Loretto Rest Realty Corporation?

John Murray is the Board Member, Past Chair of Loretto Rest Realty Corporation.


Official website here: www.lorettocny.org

What is the revenue of Loretto Rest Realty Corporation?

Loretto Rest Realty Corporation's revenue in 2022 was $924,975.


Official website here: www.lorettocny.org

Who are the executives of Loretto Rest Realty Corporation and what are their salaries?

The average compensation at Loretto Rest Realty Corporation during 2022 was $9. There are 1,543 employees at Loretto Rest Realty Corporation.

Here are 24 key members and their salaries:

    Kimberly Townsend (President)
  • Compensation: $0
  • Related: $806,740
  • Other: $58,527

    • John Murray (Cfo)
  • Compensation: $0
  • Related: $312,171
  • Other: $15,447

    • Holly Hoehner (Vp General Counsel)
  • Compensation: $0
  • Related: $267,835
  • Other: $57,362

    • David Heisig (Medical Director)
  • Compensation: $0
  • Related: $273,074
  • Other: $27,294

    • Lori Sakalas (Coo)
  • Compensation: $0
  • Related: $232,000
  • Other: $37,337

    • Joelle Margrey (Cno)
  • Compensation: $0
  • Related: $236,531
  • Other: $31,739

    • Julie Sheedy (Vp Of Marketing)
  • Compensation: $0
  • Related: $226,089
  • Other: $21,197

    • Stephanie Button (Vp Of Loretto Independent)
  • Compensation: $0
  • Related: $187,623
  • Other: $50,596

    • Jennifer Ingerson (Vp Of Housing)
  • Compensation: $0
  • Related: $207,068
  • Other: $25,384

    • Brandon Claps (Cio)
  • Compensation: $0
  • Related: $200,165
  • Other: $3,759

    • Vicki O'Neill (Board Member, Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mccabe (Board Member, Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John R Brennan (Board Member, Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Marzella (Board Member, Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pierre Morrisseau (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Woodcock Dettor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Jones Galvin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Quilter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Bryans (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen J Kingston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Carello (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Luce (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Muserlian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lorettocny.org

    Where can I find the form 990 for Loretto Rest Realty Corporation?

    The Loretto Rest Realty Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lorettocny.org

    Learn more at the official website: www.lorettocny.org

    Mission Statement of Loretto Rest Realty Corporation

    Loretto Rest Realty Corporation, an organization focused on healthcare and renting spaces to healthcare companies, plays a significant role in providing essential healthcare services. Its primary mission involves operating a clinic that offers dental, podiatry, and vision services to patients. Beyond this, the corporation also leases real property to Loretto Health & Rehabilitation Center, a skilled nursing facility with 583 beds. By providing these healthcare services and leasing property, Loretto Rest Realty Corporation contributes to the well-being of the community, ensuring that individuals have access to necessary medical care.

    Impact

    This information is meant to be a general summary of Loretto Rest Realty Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Loretto Rest Realty Corporation plays a crucial role in providing essential healthcare services to patients in Syracuse, NY. By owning and leasing real property to Loretto Health & Rehabilitation Center, a 583-bed skilled nursing facility, the organization facilitates access to quality healthcare for individuals in need. Additionally, through its clinic, Loretto Rest Realty Corporation offers vital services such as dental, podiatry, and vision care, further enhancing the well-being of the community. The impact of the organization extends beyond mere real estate management, as it actively contributes to the provision of human services that improve the health and quality of life for patients in the area.





    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: $0
  • Program Service Revenue: $924,975
  • Gross Receipts: $924,975

    • Assets and Liabilities:
  • Total Assets: $20,577,036
  • Total Liabilities: $20,876,753
  • Net Assets: -$299,717
  • Programs

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

    RENTAL REVENUE

    Revenue

    $718,397

    NET PATIENT REVENUE

    Revenue

    $206,578

    Organization Details

    Founding Year

    2003

    Principal Officer

    John Murray

    Main Address

    700 E BRIGHTON AVE, SYRACUSE, NY, 13205

    NTEE Category

    Code: P750 - Human services

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