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Altus Realty Inc

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

EIN: 030396397 ✦ Providence, RI ✦ Designated as a 501(c)(2)

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Overview

What is Altus Realty Inc?

Altus Realty Inc, a tax-exempt organization under Internal Revenue Code Section 501(C)(2), primarily serves as a title holding company. Its primary role is to manage the real and personal property that functions as the main office facility for Delta Dental of Rhode Island. This involvement allows Altus Realty Inc to contribute to the operational efficiency of Delta Dental's operations in the region. As a title holding company, Altus Realty Inc plays a crucial role in ensuring the smooth functioning of Delta Dental's headquarters, thereby contributing to the overall success of the dental organization.

Is Altus Realty Inc legitimate?

Altus Realty Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Altus Realty 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Altus Realty Inc?

Altus Realty Inc, recognized as a tax-exempt organization under Internal Revenue Code Section 501(C)(2), serves as a title holding company. Its primary mission is to manage the real and personal property that serves as the main office facility for Delta Dental of Rhode Island. By doing so, Altus Realty Inc contributes to the smooth operation of Delta Dental's headquarters, ensuring the organization can continue to provide dental services. As a title holding company, Altus Realty Inc is responsible for overseeing the property's assets and maintaining their integrity, ensuring Delta Dental can operate effectively.

Who is the CEO of Altus Realty Inc?

Richard A Fritz is the Chair of Altus Realty Inc. The CEO's salary of Altus Realty Inc is $0 and their total compensation is $152,145.

What is the revenue of Altus Realty Inc?

Altus Realty Inc's revenue in 2022 was $1,374,735.

Who are the executives of Altus Realty Inc and what are their salaries?


Here are 22 key members and their salaries (Altus Realty Inc's CEO's salary is $0 and their total compensation is $152,145):


John T Ruggieri (Chair)
  • Compensation: $0
  • Related: $20,250
  • Other: $0
James V Rosati (Vice Chair)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Edwin J Santos (Director)
  • Compensation: $0
  • Related: $12,600
  • Other: $0
Jonathan W Hall (Director)
  • Compensation: $0
  • Related: $12,600
  • Other: $0
Marc A Paulhus (Director)
  • Compensation: $0
  • Related: $13,800
  • Other: $0
Colin P Kane (Director)
  • Compensation: $0
  • Related: $12,000
  • Other: $0
Junior Jabbie (Director)
  • Compensation: $0
  • Related: $10,800
  • Other: $0
Heather A Provino (Director)
  • Compensation: $0
  • Related: $11,400
  • Other: $0
Julie G Duffy (Director (Thru 04/22))
  • Compensation: $0
  • Related: $8,100
  • Other: $0
Pete Hayes (Director)
  • Compensation: $0
  • Related: $10,500
  • Other: $0
Mark Shaw (Director)
  • Compensation: $0
  • Related: $9,600
  • Other: $0
Dr Thomas Enright (Vice Chair)
  • Compensation: $0
  • Related: $9,000
  • Other: $0
Francis J Flynn (Director)
  • Compensation: $0
  • Related: $9,000
  • Other: $0
Steven Issa (Director)
  • Compensation: $0
  • Related: $11,400
  • Other: $0
Elizabeth Catucci (Director)
  • Compensation: $0
  • Related: $9,000
  • Other: $0
Christine Gadbois (Director (As Of 04/22))
  • Compensation: $0
  • Related: $4,200
  • Other: $0
Joseph R Perroni (Ceo & President)
  • Compensation: $0
  • Related: $750,209
  • Other: $94,200
Richard A Fritz (Sr Vp Finance & Cfo)
  • Compensation: $0
  • Related: $481,670
  • Other: $78,046
George J Bedard (Controller)
  • Compensation: $0
  • Related: $168,998
  • Other: $41,207
Melissa Gennari (Avp & Director Compliance)
  • Compensation: $0
  • Related: $170,418
  • Other: $17,877
William Landry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Nagle (Former President & Ceo (Thru 6/2019))
  • Compensation: $0
  • Related: $152,145
  • Other: $0
Where can I find the form 990 for Altus Realty Inc?

Altus Realty Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Altus Realty Inc

Altus Realty Inc, a title holding company recognized for its tax-exempt status, operates with a mission to manage the real and personal property that serves as the primary office facility for Delta Dental of Rhode Island. In essence, Altus Realty Inc plays a crucial role in maintaining and overseeing the physical assets that support the day-to-day operations of Delta Dental's main office. This mission is essential in ensuring a conducive and functional work environment for the employees of Delta Dental of Rhode Island. By managing the property effectively, Altus Realty Inc contributes to the overall success and efficiency of Delta Dental's operations, thereby indirectly contributing to the dental healthcare services provided to the Rhode Island community.

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Impact




October, 2024

Altus Realty Inc significantly contributes to the community by effectively managing the real and personal properties associated with Delta Dental of Rhode Island's main office facility. The organization's dedicated operations support the infrastructure necessary for Delta Dental to deliver essential dental services to the community, ensuring a stable and functional environment for both employees and clients. By overseeing the management of these properties, Altus Realty enhances the operational efficiency and accessibility of dental care, ultimately promoting community health and well-being. Additionally, its role as a title holding company lays the foundation for sustained investment in local initiatives, further driving community improvement.




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


Financials

This financial information is from Propublica.

Revenue
$1,374,735 (2022)
Expenses
$1,329,725 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,532
  • Program Service Revenue: $1,353,203
  • Gross Receipts: $1,374,735

Assets and Liabilities:

  • Total Assets: $3,792,494
  • Total Liabilities: -$475,228
  • Net Assets: $4,267,722

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Programs

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

RENTAL INCOME

Revenue

$1,286,919

MAINTENANCE FEES

Revenue

$66,284

Organization Details

Founding Year

2002

Principal Officer

Richard A Fritz

Main Address

10 CHARLES STREET, PROVIDENCE, RI, 02904

NTEE Category

Code: S47 - Community improvement

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