Overview
What is Msmc Realty Corporation?
Msmc Realty Corporation is a nonprofit organization headquartered in New York City, specifically at ONE GUSTAVE L LEVY PLACE. Their primary purpose is to support their tax-exempt members, primarily Mount Sinai Hospital, by managing, maintaining, developing, acquiring, or disposing of real property to serve their needs. This mission aims to provide necessary resources and facilities for these institutions, contributing to their tax-exempt operations.
Official website here: www.mountsinai.org
Is Msmc Realty Corporation legitimate?
Msmc Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msmc 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
For more financial information, click here
Official website here: www.mountsinai.org
What is the mission statement of Msmc Realty Corporation?
Msmc Realty Corporation's mission is centered around supporting its tax-exempt members. The corporation achieves this by managing, maintaining, holding, developing, acquiring, or disposing of real property to benefit these members. One of its primary responsibilities is to lease property, specifically to Mount Sinai Hospital, for its tax-exempt purposes. In essence, Msmc Realty Corporation serves as a real estate management entity, working in the best interests of its tax-exempt members.
Official website here: www.mountsinai.org
Who is the CEO of Msmc Realty Corporation?
Stephen Harvey is the Trustee (End 4/2022) of Msmc Realty Corporation.
Official website here: www.mountsinai.org
What is the revenue of Msmc Realty Corporation?
Msmc Realty Corporation's revenue in 2022 was $2,446,543.
Official website here: www.mountsinai.org
Who are the executives of Msmc Realty Corporation and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $6,806,976
- Other: $89,405
- Compensation: $0
- Related: $2,571,508
- Other: $64,512
- Compensation: $0
- Related: $2,113,585
- Other: $77,093
- Compensation: $0
- Related: $1,686,861
- Other: $51,704
- Compensation: $0
- Related: $1,517,991
- Other: $32,107
- Compensation: $0
- Related: $541,863
- Other: $56,133
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mountsinai.org
Where can I find the form 990 for Msmc Realty Corporation?
Msmc Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mountsinai.org
Learn more at the official website: www.mountsinai.org
Mission Statement of Msmc Realty Corporation
Msmc Realty Corporation, a mission-driven organization, is committed to supporting its tax-exempt members. Its primary objective is to manage, maintain, hold, develop, acquire, or dispose of real property, all with the aim of benefiting these members. The corporation's role extends to leasing property to Mount Sinai Hospital, serving its tax-exempt purposes. In essence, Msmc Realty Corporation acts as a steward for its members, ensuring their real estate needs are met, thereby enabling them to carry out their own charitable missions effectively.
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Impact
October, 2024
Msmc Realty Corporation plays a significant role in enhancing the operational capabilities of its tax-exempt members, particularly Mount Sinai Hospital. By managing and maintaining real estate assets, Msmc Realty ensures that these properties are effectively utilized for essential healthcare services, thereby supporting the hospital's mission and its contribution to the community. The corporation also engages in the acquisition and development of properties, which can lead to improved facilities and services that benefit patient care and community health outcomes. This proactive management of real estate not only addresses immediate needs but also contributes to long-term stability and growth in healthcare service delivery in New York City, reinforcing the importance of community improvement and support for essential health services.
This information is meant to be a general summary of Msmc 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: $2,048,213
- Gross Receipts: $2,446,543
Assets and Liabilities:
- Total Assets: $111,952,917
- Total Liabilities: $106,954,991
- Net Assets: $4,997,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,048,213
Organization Details
Founding Year
1995
Phone
(646) 605-4106Principal Officer
Stephen Harvey
Main Address
ONE GUSTAVE L LEVY PLACE, NEW YORK, NY, 10029
Website
www.mountsinai.orgNTEE Category
Code: S50Z - Community improvement
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