Overview

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Est.

1987

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Loretto Properties Corporation, a nonprofit organization with EIN 22-2809537, focuses on retirement housing by acquiring, owning, leasing, and managing real estate to benefit affiliated 501(c)(3) organizations that provide low-income housing for frail elderly individuals. With an operating budget of $247.4K and total revenue of $253.1K for the 2024 filing year, the organization is dedicated to supporting vulnerable populations in need. For more information, visit their website at www.loretto-cny.org.

Mission Statement

TO ACQUIRE, OWN, LEASE AND MANAGE REAL ESTATE FOR THE BENEFIT OF AFFILIATED NOT FOR PROFIT 501(C)(3) ORGANIZATIONS THAT PROVIDE LOW INCOME HOUSING TO THE FRAIL ELDERLY.
Revenues
$253.1K
Expenses
$247.4K
Net Income:
+$5.7K
Assets
$1M
Liabilities
$72.9K
Net Assets:
+$951.5K
Operating Budget
$247.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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K
Kevin Bryans
Board Member
J
John R Brennan
Board Member
M
Michele Jones Galvin
Board Member

Frequently Asked Questions

What is LORETTO PROPERTIES CORPORATION’s budget?
In 2024, LORETTO PROPERTIES CORPORATION reported an annual operating budget of around $247 thousand. More detailed financial information is available to registered users.
What causes does LORETTO PROPERTIES CORPORATION support?
LORETTO PROPERTIES CORPORATION supports work in Retirement housing.
Where does LORETTO PROPERTIES CORPORATION operate?
LORETTO PROPERTIES CORPORATION is headquartered in Syracuse, NY.