Overview
What is Norton Properties Inc?
Norton Properties Inc, based in Louisville, Kentucky, is a nonprofit organization that owns and manages properties to support the charitable health care initiatives of Norton Healthcare, Norton Hospitals, Community Medical Associates, and their affiliated entities. With a workforce of 89 employees, they primarily maintain medical office buildings that are leased by physicians and provide office space and parking facilities for hospital staff, physicians, patients, and their families. Their mission is to enhance the healthcare services offered by these organizations by ensuring the availability of suitable facilities for their operations.
Official website here: www.nortonhealthcare.com
Is Norton Properties Inc legitimate?
Norton Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,342,387
For more financial information, click here
Official website here: www.nortonhealthcare.com
What is the mission statement of Norton Properties Inc?
Norton Properties Inc functions as the property arm of Norton Healthcare, primarily supporting its charitable healthcare initiatives. The organization owns medical office buildings, which are rented by physicians affiliated with Norton Hospitals and other healthcare entities under Norton Healthcare. Additionally, Norton Properties leases office spaces and parking facilities, catering to the needs of Norton Healthcare employees, affiliated physicians, and guests. The primary goal of Norton Properties is to provide essential infrastructure that facilitates the delivery of healthcare services by Norton Healthcare and its associated entities.
Official website here: www.nortonhealthcare.com
What is the revenue of Norton Properties Inc?
Norton Properties Inc's revenue in 2022 was $61,245,122.
Official website here: www.nortonhealthcare.com
Who are the executives of Norton Properties Inc and what are their salaries?
The average compensation at Norton Properties Inc during 2022 was $15,083. There are 89 employees and 2 volunteers at Norton Properties Inc.
Here are 30 key members and their salaries (Norton Properties Inc's CEO's salary is $0 and their total compensation is $4,959,205):
- Russell F Cox (President & Ceo/Trustee)
- Michael W Gough (Exec Vp And Coo)
- Adam Kempf (Sr Vp, Cfo/Treasurer)
- Robert B Azar (Sr Vp Chief Legal Officer/Secretary)
- Mark Spivey (Dir, Properties)
- Scott L Stanton (Dir, Property Planning & Mgmt)
- Barry Pennybaker (Trustee)
- Craig D Grant (Trustee)
- David Craig (Trustee)
- Edie Nixon (Chair) [Trustee/Director]
- Erwin Roberts (Trustee)
- G Hunt Rounsavall Sr (Trustee)
- Gail Lyttle (Trustee)
- Gary L Stewart (Vice-Chair (Partial Yr)) [Trustee/Director]
- Gregory E Mayes (Trustee)
- James L Sublett Md (Trustee)
- Judge Denise Clayton (Trustee)
- Lee K Garlove (Trustee)
- Maria Hampton (Trustee)
- Maria L Bouvette (Trustee)
- Martha K Heyburn Md (Trustee)
- Rev William J Schultz (Trustee)
- Richard R Ivey (Trustee)
- Richard S Wolf Md (Chair Emeritus) [Trustee/Director]
- Ronald Lehocky Md (Trustee)
- Sue Davis Edd Rn (Trustee)
- Rick Guillaume (Chair Emeritus (Partial Year)) [Trustee/Director]
- Brendan Canavan (Trustee (Partial Year))
- Donald H Robinson (Trustee)
- Rita Hudson Shourds Edd (Trustee)
Official website here: www.nortonhealthcare.com
Where can I find the form 990 for Norton Properties Inc?
The Norton Properties Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nortonhealthcare.com
Learn more at the official website: www.nortonhealthcare.com
Mission Statement of Norton Properties Inc
Norton Properties, Inc., a key supporter of Norton Healthcare, Inc. (NHC), is a property ownership company with a mission to contribute to the charitable health care causes of NHC and its affiliated entities, primarily Norton Hospitals, Inc., Community Medical Associates, and NHC. The organization holds medical office buildings that are rented by physicians serving on the medical staff of Norton Hospitals. Moreover, it provides office space and parking facilities, ensuring the convenience of NHC employees, physicians, and guests. By doing so, Norton Properties, Inc. plays a pivotal role in ensuring the smooth functioning of the healthcare organizations under NHC's umbrella.
Norton Properties, Inc.'s commitment extends beyond leasing properties for healthcare purposes. It also contributes to the overall well-being of the healthcare sector by prioritizing the comfort and accessibility of its tenants and visitors. The company's properties serve as the workplace for numerous healthcare professionals, enabling them to provide quality care to their patients. Moreover, the easily accessible parking facilities lessen the burden on patients and their families, allowing them to focus on their healthcare needs rather than parking concerns.
In summary, Norton Properties, Inc. is an essential component of Norton Healthcare, Inc.'s network, owning properties that cater specifically to the charitable health care purposes of the organization. Its mission is to provide medical office buildings and office and parking facilities for the convenience of NHC, its affiliated entities, and their respective staff and visitors.
Impact
This information is meant to be a general summary of Norton Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Norton Properties Inc's impact lies in providing essential infrastructure support to Norton Healthcare, Inc. through the ownership of properties. These properties, including medical office buildings and office spaces, play a crucial role in facilitating the charitable health care purposes of Norton Healthcare, primarily Norton Hospitals, Inc. These facilities are leased by physicians on the medical staff of Hospitals, thereby supporting the delivery of vital healthcare services to the community. By maintaining office and parking facilities near healthcare locations, Norton Properties Inc contributes to the convenience and accessibility of healthcare services for patients, families, guests, and hospital employees. In essence, the organization's role in providing these essential spaces contributes significantly to the overall efficiency and effectiveness of Norton Healthcare's operations in serving the healthcare needs of the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$61,661,481
PARKING INCOME
Revenue
$310,111
Organization Details
Founding Year
1981
Phone
(502) 629-8263
Main Address
ACCOUNTING 224 E BROADWAY 5TH FLOOR, LOUISVILLE, KY, 40202
Website
www.nortonhealthcare.com
NTEE Category
Code: E00 - Health
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