Overview
What is Stony Brook Clinical Practice Management Plan Realty Corporation?
Stony Brook Clinical Practice Management Plan Realty Corporation is a nonprofit organization established in Stony Brook, New York. Its primary function involves the acquisition, maintenance, and collection of income derived from property. After covering all associated expenses, the organization then transfers the entire accumulated sum to Stony Brook Clinical Practice Management Plan. This financial strategy serves to support the operations and objectives of the latter entity.
Is Stony Brook Clinical Practice Management Plan Realty Corporation legitimate?
Stony Brook Clinical Practice Management Plan Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. Stony Brook Clinical Practice Management Plan 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Stony Brook Clinical Practice Management Plan Realty Corporation?
The mission of Stony Brook Clinical Practice Management Plan Realty Corporation is centered around the acquisition, management, and financial gain from property. They acquire properties, oversee them, and collect income from these properties. Following the payment of all expenses, the entire proceeds are then transferred to Stony Brook Clinical Practice Management Plan. This cycle continues, contributing financially to the aforementioned organization.
Who is the CEO of Stony Brook Clinical Practice Management Plan Realty Corporation?
Raphael Davis Md is the Treasurer/President of Stony Brook Clinical Practice Management Plan Realty Corporation.
What is the revenue of Stony Brook Clinical Practice Management Plan Realty Corporation?
Stony Brook Clinical Practice Management Plan Realty Corporation's revenue in 2022 was $173,233.
Who are the executives of Stony Brook Clinical Practice Management Plan Realty Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $1,437,093
- Other: $96,015
- Compensation: $0
- Related: $1,096,208
- Other: $125,581
- Compensation: $0
- Related: $908,691
- Other: $80,359
- Compensation: $0
- Related: $715,664
- Other: $92,875
- Compensation: $0
- Related: $633,930
- Other: $101,984
- Compensation: $0
- Related: $261,570
- Other: $731
Where can I find the form 990 for Stony Brook Clinical Practice Management Plan Realty Corporation?
Stony Brook Clinical Practice Management Plan Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stony Brook Clinical Practice Management Plan Realty Corporation
Stony Brook Clinical Practice Management Plan Realty Corporation's mission is centered around the acquisition, maintenance, and monetization of properties. This organization strategically acquires properties, oversees their management, and collects income generated from these properties. After deducting expenses, the corporation then remits the entire net income to Stony Brook Clinical Practice Management Plan. This mission serves to provide a steady stream of funds to its affiliated organization, Stony Brook Clinical Practice Management Plan. Overall, Stony Brook Clinical Practice Management Plan Realty Corporation's mission is to effectively manage its real estate portfolio to support its associated organization's financial needs.
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Impact
October, 2024
Stony Brook Clinical Practice Management Plan Realty Corporation plays a significant role in supporting the operations of the Stony Brook Clinical Practice Management Plan through its strategic property management activities. By acquiring and holding properties, the corporation generates income that is crucial for the sustainability of healthcare services offered by the management plan.
This organization focuses on collecting revenue from its real estate investments and meticulously remitting the net income to Stony Brook Clinical Practice Management Plan after covering operational expenses. This financial contribution helps ensure that the clinical practice can continue to provide essential medical services and resources to the community in Stony Brook, NY.
The impact of the corporation extends beyond financial support; it also contributes to community improvement by effectively managing real estate assets. By enhancing the value of these properties, the corporation not only maintains a steady stream of income but also supports the broader mission of ensuring high-quality healthcare delivery in the area. Thus, Stony Brook Clinical Practice Management Plan Realty Corporation plays a crucial role in fostering both economic stability and healthcare access in the community it serves.
This information is meant to be a general summary of Stony Brook Clinical Practice Management Plan Realty Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $173,233
- Gross Receipts: $173,233
Assets and Liabilities:
- Total Assets: $833,598
- Total Liabilities: $18,161
- Net Assets: $815,437
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$173,233
Organization Details
Founding Year
1995
Phone
(631) 444-2055Principal Officer
Raphael Davis Md
Main Address
PO Box 1554, Stony Brook, NY, 11790
NTEE Category
Code: S47 - Community improvement
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