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Royal Charter Properties-Westchester Inc

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

EIN: 133160354 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Royal Charter Properties-Westchester Inc?

Royal Charter Properties-Westchester Inc, based in New York, is a nonprofit organization. Their primary mission is to invest in real estate, with the aim of generating income for charitable, educational, and scientific purposes. Under this umbrella, their employees at NewYork-Presbyterian Hospital's real estate department work tirelessly to provide exceptional customer service, managing housing, parking, and guest facilities. Their ultimate goal is to enhance the value of these real estate assets, contributing positively to the hospital's financial health.


Official website here: www.nyp.org/realestate

Is Royal Charter Properties-Westchester Inc legitimate?

Royal Charter Properties-Westchester Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Charter Properties-Westchester 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


Official website here: www.nyp.org/realestate

What is the mission statement of Royal Charter Properties-Westchester Inc?

Royal Charter Properties-Westchester Inc's mission is centered around acquiring and holding interests in real estate. The primary objective is to utilize the income derived from these properties for charitable, educational, and scientific purposes. The professional employees within New York-Presbyterian Hospital's real estate department, who work under the umbrella of Royal Charter Properties, are dedicated to providing excellent customer service in housing, parking, and guest facility accommodations. Their goal is also to enhance the value of the real estate assets and investments, contributing to the hospital's fiscal well-being.


Official website here: www.nyp.org/realestate

Who is the CEO of Royal Charter Properties-Westchester Inc?

Unavailable


Official website here: www.nyp.org/realestate

What is the revenue of Royal Charter Properties-Westchester Inc?

Royal Charter Properties-Westchester Inc's revenue in 2022 was $301,894.


Official website here: www.nyp.org/realestate

Who are the executives of Royal Charter Properties-Westchester Inc and what are their salaries?


Here are 20 key members and their salaries:


Bruce A Beal Jr (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison T Lefrak (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Pardes (Board Of Directors)
  • Compensation: $0
  • Related: $2,127,285
  • Other: $0
Jeffrey A Harris (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard A Wilf (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter S Kalikow (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Milstein (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond J Mcguire (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob J Speyer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven J Corwin (Board Of Directors)
  • Compensation: $0
  • Related: $8,933,522
  • Other: $4,958,678
John V Campano (Ass'T Corp Secretary)
  • Compensation: $0
  • Related: $558,080
  • Other: $85,347
Joseph A Ienuso (President)
  • Compensation: $0
  • Related: $1,613,071
  • Other: $63,659
Mary Beth Claus (Gsvp, Clo & General Counsel)
  • Compensation: $0
  • Related: $2,236,322
  • Other: $42,073
Mary Braunsdorf (Ass'T Corp Secretary)
  • Compensation: $0
  • Related: $183,554
  • Other: $25,763
Melissa E Welch (Corporate Secretary)
  • Compensation: $0
  • Related: $181,801
  • Other: $34,665
Michael P Breslin (Gsvp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $2,214,819
  • Other: $78,240
Richard Einwechter (Vp And Ass'T Treasurer)
  • Compensation: $0
  • Related: $739,004
  • Other: $87,735
Kenrick T Ou (Corp. Director Real Estate)
  • Compensation: $0
  • Related: $334,543
  • Other: $36,138
Laura L Forese (Former Officer)
  • Compensation: $0
  • Related: $6,669,549
  • Other: $169,275
Maxine Frank (Former Officer)
  • Compensation: $0
  • Related: $1,505,722
  • Other: $238,310


Official website here: www.nyp.org/realestate

Where can I find the form 990 for Royal Charter Properties-Westchester Inc?

Royal Charter Properties-Westchester Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nyp.org/realestate

Learn more at the official website: www.nyp.org/realestate

Mission Statement of Royal Charter Properties-Westchester Inc

Royal Charter Properties-Westchester Inc, a nonprofit organization, is dedicated to acquiring and holding interests in real estate. The primary objective of this entity is to generate income that is exclusively allocated towards charitable, educational, and scientific purposes. Beyond its real estate ventures, Royal Charter Properties-Westchester Inc also focuses on enhancing the value of its assets and investments. This contributes significantly to the fiscal well-being of NewYork-Presbyterian Hospital, whose real estate department's professional employees manage these properties under the umbrella of Royal Charter Properties. The staff's primary goal is to provide an exceptional level of customer service to the hospital's staff, visitors, and guests in terms of housing, parking, and guest facility accommodations.

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Impact




October, 2024

Royal Charter Properties-Westchester Inc significantly impacts the local community by acquiring and managing real estate assets that support NewYork-Presbyterian Hospital. Through its efforts, the organization ensures high-quality housing, parking, and guest accommodations for the hospital's staff, visitors, and guests. This focus on customer service enhances the overall experience for those who rely on the hospital's facilities.

Additionally, by enhancing the value of its real estate investments, Royal Charter Properties plays a crucial role in supporting the hospital's fiscal well-being. This financial stability directly contributes to the hospital's ability to provide excellent medical care and services, reinforcing the organization's commitment to charitable, educational, and scientific purposes. Thus, its operations not only create a positive environment for hospital stakeholders but also bolster the broader healthcare objectives of the institution.




This information is meant to be a general summary of Royal Charter Properties-Westchester 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
$301,894 (2022)
Expenses
$301,894 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $198,167
  • Gross Receipts: $301,894

Assets and Liabilities:

  • Total Assets: $2,732,225
  • Total Liabilities: $16,229
  • Net Assets: $2,715,996

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Programs

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

RENTAL INCOME

Revenue

$198,167

Organization Details

Founding Year

1983

Main Address

525 EAST 68TH STREET BOX 156, NEW YORK, NY, 10065

NTEE Category

Code: T70Z - Philanthropy

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