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Nonprofit · EIN 16-1019465

LORETTO REST REALTY CORPORATION

Tax-exempt · SYRACUSE, NY 13205

Financials

$1.4M$1.3M2023$1.3M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of LORETTO REST REALTY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,309,571$1,313,692-$4,121$19,471,741$19,765,707-$293,966
December 31, 2023990$1,357,747$1,347,874$9,873$20,221,558$20,511,403-$289,845
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,309,571
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$18,143
Salaries, compensation and benefits (total)
$19,651
Professional fundraising fees
$0
Accounting fees
$900
Occupancy
$65,551
Depreciation
$636
Program services (functional)
$1,307,610
Management and general (functional)
$6,082

Balance sheet and other

Total assets, start of year
$20,221,558
Total assets, end of year
$19,471,741
Total liabilities, end of year
$19,765,707
Net assets, end of year
-$293,966
Net assets without donor restrictions
-$293,966
Gross unrelated business income
$20,430
Gross receipts
$1,309,571
Employees
1,482
Volunteers
0
Year formed
2003
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIMBERLY TOWNSENDCEO/PRESIDENT
Officer
1$0$609,681$27,907
JOHN MURRAYCHIEF FINANCIAL OFFICER
Officer
1$0$299,513$4,334
HOLLY HOEHNERVICE PRESIDENT, GENERAL COUNSEL
Highest-paid employee
1$0$274,608$3,976
DAVID HEISIGMEDICAL DIRECTOR
Officer
1$0$274,997$0
JOELLE MARGREYCHIEF NURSING OFFICER
Key employee
1$0$270,163$3,748
JULIE SHEEDYCHIEF MARKETING AND ENGAGEMENT OFFICER
Key employee
0$0$251,743$3,797
NANCY WILLIAMSCHIEF PEOPLE OFFICER
Key employee
1$0$239,101$468
BRANDON CLAPSCHIEF INFORMATION OFFICER
Key employee
1$0$222,214$3,490
JENNIFER INGERSONVICE PRESIDENT, HOUSING
Key employee
1$0$212,150$3,332
STEPHANIE BUTTONVICE PRESIDENT, PACE
Key employee
1$0$209,010$3,287
CHRISTINE STANFORDCHIEF OPERATING OFFICER
Key employee
1$0$205,298$3,316
VICKI O'NEILLBOARD MEMBER, CHAIR
Trustee or director, Officer
1$0$0$0
STEPHANIE CROCKETTBOARD MEMBER, VICE CHAIR
Trustee or director, Officer
1$0$0$0
JOHN R BRENNANBOARD MEMBER, SECRETARY
Trustee or director, Officer
1$0$0$0
JOHN MCCABEBOARD MEMBER
Trustee or director
1$0$0$0
12 more people on this return
NameTitleHours / weekCompensation
KEVIN BRYANSBOARD MEMBER
Trustee or director
1$0
MICHELE JONES GALVINBOARD MEMBER
Trustee or director
1$0
STEPHEN J KINGSTONBOARD MEMBER
Trustee or director
1$0
SAM CARELLOBOARD MEMBER
Trustee or director
1$0
CRAIG LUCEBOARD MEMBER
Trustee or director
1$0
PETER MUSERLIANBOARD MEMBER
Trustee or director
1$0
ELIZABETH QUILTERBOARD MEMBER
Trustee or director
1$0
JAY SUBEDIBOARD MEMBER
Trustee or director
1$0
GWEN WEBBER-MCLEODBOARD MEMBER
Trustee or director
1$0
ROSEMARY AVILA-TICIOBOARD MEMBER
Trustee or director
1$0
MIKE BUCKBOARD MEMBER
Trustee or director
1$0
KIRA REEDBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIMBERLY TOWNSENDPRESIDENT
Officer
1$19,377$755,702$27,379
JOHN MURRAYCFO
Officer
1$7,637$297,868$4,238
DAVID HEISIGMEDICAL DIRECTOR
Key employee
1$0$274,997$0
HOLLY HOEHNERVP GENERAL COUNSEL
Highest-paid employee
1$6,546$255,292$3,894
JOELLE MARGREYCNO
Key employee
1$6,039$235,503$3,631
JULIE SHEEDYVP OF MARKETING
Key employee
1$6,001$234,025$3,722
BRANDON CLAPSCIO
Key employee
1$5,259$205,103$3,347
JENNIFER INGERSONVP OF HOUSING
Key employee
1$5,057$197,226$3,205
STEPHANIE BUTTONVP OF LORETTO INDEPENDENT
Key employee
1$4,870$189,941$3,098
LORI SAKALASCOO, FORMER
Former
1$3,993$155,723$1,946
NANCY WILLIAMSCPP
Officer
1$3,173$123,751$0
CHRISTINE STANFORDCOO
Officer
1$2,284$89,066$1,597
VICKI O'NEILLBOARD MEMBER, PAST CHAIR
Trustee or director, Officer
1$0$0$0
JOHN MCCABEBOARD MEMBER, CHAIR
Trustee or director, Officer
1$0$0$0
JOHN R BRENNANBOARD MEMBER, SECRETARY
Trustee or director, Officer
1$0$0$0
ROBERT MARZELLABOARD MEMBER, VICE CHAIR
Trustee or director
1$0$0$0
PIERRE MORRISSEAUBOARD MEMBER
Trustee or director
1$0$0$0
CHRISTINE WOODCOCK DETTORBOARD MEMBER
Trustee or director
1$0$0$0
MICHELE JONES GALVINBOARD MEMBER
Trustee or director
1$0$0$0
ELIZABETH QUILTERBOARD MEMBER
Trustee or director
1$0$0$0
KEVIN BRYANSBOARD MEMBER
Trustee or director
1$0$0$0
STEPHEN J KINGSTONBOARD MEMBER
Trustee or director
1$0$0$0
SAM CARELLOBOARD MEMBER
Trustee or director
1$0$0$0
CRAIG LUCEBOARD MEMBER
Trustee or director
1$0$0$0
PETER MUSERLIANBOARD MEMBER
Trustee or director
1$0$0$0
JAY SUBEDIBOARD MEMBER
Trustee or director
1$0$0$0
GWEN WEBBER-MCLEODBOARD MEMBER
Trustee or director
1$0$0$0
STEPHANIE CROCKETTBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
700 E BRIGHTON AVE, SYRACUSE, NY 13205-2201
Principal officer (990 for 2024)
JOHN MURRAY, 700 E BRIGHTON AVE, SYRACUSE, NY 13205
Signed the 990
JOHN MURRAY, CHIEF FINANCIAL OFFICER
Phone
(315) 469-5570
Return prepared by
BONADIO & CO LLP

Mission

THE COMPANY PROVIDES DENTAL, PODIATRY, AND VISION SERVICES TO PATIENTS THROUGH ITS CLINIC. THE COMPANY ALSO LEASES REAL PROPERTY TO LORETTO HEALTH & REHABILITATION CENTER.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION OWNS REAL PROPERTY AND LEASES IT TO LORETTO HEALTH & REHABILITATION CENTER, A 583 BED SKILLED NURSING FACILITY.
    Expenses $1,072,464 · revenue $1,075,611
  • PROVIDING DENTAL, VISION, AND PODIATRY SERVICES THROUGH IT'S CLINIC.
    Expenses $235,146 · revenue $213,530

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1019465
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$19,471,741
Income (IRS master file)
$1,309,571

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,309,571$1,313,692$19,471,741XML
990-TDecember 2024–––IRS
990December 2023$1,357,747$1,347,874$20,221,558XML
990-TDecember 2023–––IRS
990December 2022$924,975$934,661$20,577,036IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1019465).

Questions about LORETTO REST REALTY CORPORATION

What is the EIN of LORETTO REST REALTY CORPORATION?
The employer identification number (EIN) of LORETTO REST REALTY CORPORATION is 16-1019465.
Is LORETTO REST REALTY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to LORETTO REST REALTY CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LORETTO REST REALTY CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LORETTO REST REALTY CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LORETTO REST REALTY CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LORETTO REST REALTY CORPORATION?
The 990 for the year ended December 31, 2024 names JOHN MURRAY.
Who are the officers and directors of LORETTO REST REALTY CORPORATION?
The 990 for the year ended December 31, 2024 lists 27 people; 0 received compensation from the organization.
How much revenue does LORETTO REST REALTY CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,309,571, expenses of $1,313,692 and total assets of $19,471,741 at year end.

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