Lourdes Realty Company Inc

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

EIN: 222873637 ✦ St louis, MO ✦ Designated as a 501(c)(2)

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Overview

What is Lourdes Realty Company Inc?

Lourdes Realty Company Inc is an integral part of Ascension Catholic Health Ministry, a faith-based healthcare organization that provides compassionate care, particularly to those in need. The primary role of Lourdes Realty Company is to manage and generate income from any real or personal property, specifically associated with Our Lady of Lourdes Memorial Hospital, its sole corporate member. The company's activities primarily revolve around acquiring, renovating, and managing office space in proximity to the hospital. Rooted in Jesus' healing ministry, Lourdes Realty Company Inc contributes to the healthcare organization's mission of serving the poor and vulnerable, promoting holistic well-being, and advocating for a compassionate society.

Is Lourdes Realty Company Inc legitimate?

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

Lourdes Realty Company Inc., grounded in the healing ministry of Jesus, is dedicated to serving all individuals, particularly the vulnerable and impoverished. Their mission is centered around spiritually-focused, comprehensive healthcare that aims to enhance and sustain the health of individuals and communities. As advocates, they strive to foster a compassionate and just society through their actions and words. In addition to their real estate management activities, Lourdes Realty Company Inc. contributes to this mission by managing any real or personal property and remitting the earned income to Lourdes Hospital.

Who is the CEO of Lourdes Realty Company Inc?

Unavailable The CEO's salary of Lourdes Realty Company Inc is $0 and their total compensation is $771,101.

What is the revenue of Lourdes Realty Company Inc?

Lourdes Realty Company Inc's revenue in 2022 was $809,147.

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


Here are 3 key members and their salaries (Lourdes Realty Company Inc's CEO's salary is $0 and their total compensation is $771,101):


Kathryn Connerton (Ex-Officio/President & Ceo)
  • Compensation: $0
  • Related: $737,558
  • Other: $33,543
David A Mannes (Cfo, Ministry Market)
  • Compensation: $0
  • Related: $393,396
  • Other: $47,574
Sean Mills (Former Officer (End 11/2020))
  • Compensation: $0
  • Related: $404,283
  • Other: $38,403
Where can I find the form 990 for Lourdes Realty Company Inc?

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

Mission Statement of Lourdes Realty Company Inc

Lourdes Realty Company Inc, grounded in the healing ministry of Jesus, is dedicated to serving all individuals with a particular focus on the poor and vulnerable. This nonprofit organization is rooted in a Catholic health ministry, which prioritizes spiritually-centered, holistic care that enhances and sustains the health of individuals and communities. Lourdes Realty Company Inc advocates for a compassionate and just society by expressing its beliefs and actions. Beyond managing real or personal property and remitting earned income to Lourdes Hospital, the company's mission is centered around social responsibility and serving those in need.

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Impact




October, 2024

Lourdes Realty Company Inc plays a vital role in supporting the healthcare mission of the Ascension Catholic Health Ministry by managing real and personal property associated with Lourdes Hospital. This organization is dedicated to ensuring that healthcare facilities remain accessible and well-maintained, particularly in the vicinity of Our Lady of Lourdes Memorial Hospital, Inc.

By focusing on the acquisition, renovation, and management of office space for healthcare services, Lourdes Realty not only enhances the physical infrastructure of the community but also contributes to the overall well-being of its residents. The income generated through these real estate activities is reinvested back into Lourdes Hospital, directly supporting patient care services and extending vital resources to those in need.

The impact of Lourdes Realty resonates within the community as it embodies a commitment to holistic care, prioritizing the health of vulnerable populations. Through its operations, the company helps advocate for a compassionate and just society, aligning with the mission of providing personalized care for all, especially for those who are poor and vulnerable. This steadfast dedication to community improvement reflects the organization's deep-rooted values and its significant influence on the local healthcare landscape.




This information is meant to be a general summary of Lourdes Realty Company 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
$809,147 (2022)
Expenses
$1,059,938 (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: $806,302
  • Gross Receipts: $809,147

Assets and Liabilities:

  • Total Assets: $2,365,610
  • Total Liabilities: $3,898,920
  • Net Assets: -$1,533,310

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Programs

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

Rental Income

Revenue

$806,302

Organization Details

Founding Year

1987

Main Address

C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

NTEE Category

Code: S47 - Community improvement

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