Suthbreit Properties Ltd

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

EIN: 232214351 ✦ Philadelphia, PA ✦ Designated as a 501(c)(2)

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Overview

What is Suthbreit Properties Ltd?

Suthbreit Properties Ltd is a nonprofit organization based in Philadelphia, Pennsylvania, with an address at 1101 Market Street Suite 2004. Its primary mission is to manage real estate properties for the charitable purposes of Thomas Jefferson University/Jefferson Health Affiliates. This involves holding title to the properties, ensuring that they are utilized for the betterment of the affiliated institutions. This service contributes to the overall charitable objectives of Thomas Jefferson University and Jefferson Health, potentially supporting various healthcare initiatives.


Official website here: www.jeffersonhealth.org

Is Suthbreit Properties Ltd legitimate?

Suthbreit Properties Ltd is a legitimate nonprofit organization registered as a 501(c)(2) entity. Suthbreit Properties Ltd 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.jeffersonhealth.org

What is the mission statement of Suthbreit Properties Ltd?

Suthbreit Properties Ltd's mission is centered around holding title to real property for charitable purposes, specifically those of Thomas Jefferson University and its affiliated entities, known as Jefferson Health. This role is instrumental in supporting the charitable objectives of these institutions. The expenses incurred in this process are aimed at upholding and maintaining the title to the real property for these charitable purposes.


Official website here: www.jeffersonhealth.org

Who is the CEO of Suthbreit Properties Ltd?

Richard J Webster Rn Msn is the Chair & President - Trustee of Suthbreit Properties Ltd.


Official website here: www.jeffersonhealth.org

What is the revenue of Suthbreit Properties Ltd?

Suthbreit Properties Ltd's revenue in 2022 was $1,693,163.


Official website here: www.jeffersonhealth.org

Who are the executives of Suthbreit Properties Ltd and what are their salaries?


Here are 4 key members and their salaries:


Richard J Webster Rn Msn (Chair & President - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Edger (Vice President - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Nathans (Secretary/Treasurer - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Anton Rn Msn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jeffersonhealth.org

Where can I find the form 990 for Suthbreit Properties Ltd?

Suthbreit Properties Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jeffersonhealth.org

Learn more at the official website: www.jeffersonhealth.org

Mission Statement of Suthbreit Properties Ltd

Suthbreit Properties Ltd is a entity with a unique mission. Its primary objective is to serve a charitable purpose, specifically supporting Thomas Jefferson University and its affiliated healthcare organizations, Jefferson Health. In essence, Suthbreit Properties Ltd holds the title to real property, acting as a steward for these esteemed institutions. This mission is crucial in contributing to their charitable endeavors. The expenses incurred in holding title to the property are an integral part of this mission, ensuring the smooth operation and continuity of the charitable activities associated with Thomas Jefferson University and Jefferson Health affiliates.

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Impact




October, 2024

Suthbreit Properties Ltd plays a vital role in supporting the charitable initiatives of Thomas Jefferson University and Jefferson Health Affiliates by holding title to real property. This organization facilitates the management and utilization of real estate assets, enabling the university and its affiliates to focus on providing high-quality education and healthcare services. By managing these properties, Suthbreit Properties Ltd helps ensure that the infrastructure needed for community improvement and health services is properly maintained and utilized. This, in turn, positively impacts the local Philadelphia community by enhancing access to education and healthcare resources, contributing to the overall well-being and development of the area.




This information is meant to be a general summary of Suthbreit Properties Ltd. 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
$1,693,163 (2022)
Expenses
$1,199,463 (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: $1,623,244
  • Gross Receipts: $1,891,060

Assets and Liabilities:

  • Total Assets: $5,993,339
  • Total Liabilities: $1,206,839
  • Net Assets: $4,786,500

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Programs

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

RENTAL INCOME FROM AFFILIATES

Revenue

$1,623,244

Organization Details

Founding Year

1981

Principal Officer

Richard J Webster Rn Msn

Main Address

1101 MARKET STREET SUITE 2004, PHILADELPHIA, PA, 19107

NTEE Category

Code: S47 - Community improvement

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