Laburnum Properties

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

EIN: 521260700 ✦ Richmond, VA ✦ Designated as a 501(c)(2)

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Overview

What is Laburnum Properties?

Laburnum Properties is a title holding company, primarily serving to support the operations of Bon Secours Memorial Regional Medical Center and IVNA Health Services. This role involves managing non-operating assets, ensuring the smooth functioning of these healthcare institutions. The company's mission, as stated, is to infuse compassion into healthcare services and help those in need, particularly the poor and dying. As a system of caregivers, Laburnum Properties aims to contribute to the health and well-being of individuals and communities.

Is Laburnum Properties legitimate?

Laburnum Properties is a legitimate nonprofit organization registered as a 501(c)(2) entity. Laburnum Properties 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: $192

For more financial information, click here

What is the mission statement of Laburnum Properties?

Laburnum Properties, as a title holding company, primarily supports the operations of Bon Secours Memorial Regional Medical Center and IVNA Health Services. Their mission is centered around bringing compassion to healthcare and aiming to be of help to those in need, particularly the poor and the dying. Acting as a system of caregivers, they commit themselves to assisting in bringing individuals and communities to health and wholeness.

Who is the CEO of Laburnum Properties?

Unavailable The CEO's salary of Laburnum Properties is $0 and their total compensation is $561,779.

What is the revenue of Laburnum Properties?

Laburnum Properties's revenue in 2022 was $179,978.

Who are the executives of Laburnum Properties and what are their salaries?


Here are 8 key members and their salaries (Laburnum Properties's CEO's salary is $0 and their total compensation is $561,779):


Rhodes Ritenour (Secretary, Vp External & Regulatory Affairs)
  • Compensation: $0
  • Related: $275,370
  • Other: $32,630
Sr Anne Marie Mack Cbs (President (End 02/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kusnierz (Treasurer/Cfo - Richmond)
  • Compensation: $0
  • Related: $565,581
  • Other: $47,539
Brian Yanofchick (Chief Sponsorship Officer)
  • Compensation: $0
  • Related: $480,901
  • Other: $17,043
David Belde Phd (Board Member (End 12/22))
  • Compensation: $0
  • Related: $333,777
  • Other: -$5,873
Faraaz Yousuf (President/Ceo - Richmond (End 04/22))
  • Compensation: $0
  • Related: $652,591
  • Other: $11,494
Michael Lutes (President/Ceo - Richmond (Beg 10/22))
  • Compensation: $0
  • Related: $448,454
  • Other: $113,325
Paul Smith (President, Providence Group (End 07/22); Interim President - Richmond (End 10/22))
  • Compensation: $0
  • Related: $1,760,664
  • Other: $507,249
Where can I find the form 990 for Laburnum Properties?

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

Mission Statement of Laburnum Properties

Laburnum Properties, as a title holding company, is dedicated to supporting the operations of Bon Secours Memorial Regional Medical Center and IVNA Health Services with its non-operating assets. At its core, the mission of Laburnum Properties is to embody compassion in healthcare and offer assistance to those in need, particularly focusing on individuals who are financially disadvantaged and nearing the end of their lives. By serving as a system of caregivers, Laburnum Properties is committed to contributing to the overall health and well-being of people and communities.

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Impact




October, 2024

Laburnum Properties significantly contributes to the healthcare landscape by serving as a title holding company that supports key health services within the community. By managing non-operating assets, it plays a crucial role in sustaining the operations of Bon Secours Memorial Regional Medical Center and IVNA Health Services. This support is essential for ensuring these medical facilities can effectively serve the Richmond, VA area, particularly focusing on providing compassionate care to those in need.

The overarching mission of Laburnum Properties emphasizes a commitment to improving health outcomes for vulnerable populations, especially the poor and those facing life-threatening conditions. This focus not only enhances individual well-being but also fosters overall community health, reinforcing the organization’s impact on public health and welfare. By facilitating the resources necessary for healthcare delivery, Laburnum Properties helps create a healthier, more supportive environment for all community members.




This information is meant to be a general summary of Laburnum Properties. 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
$179,978 (2022)
Expenses
$210,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $127,302
  • Gross Receipts: $179,978

Assets and Liabilities:

  • Total Assets: $6,960,943
  • Total Liabilities: $1,262,055
  • Net Assets: $5,698,888

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Organization Details

Founding Year

1982

Main Address

8580 Magellan Parkway Building IV, Richmond, VA, 23227

NTEE Category

Code: S47 - Community improvement

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