LORETTO REST REALTY CORPORATION Charity Report

Public IRS 990 nonprofit record

LORETTO REST REALTY CORPORATION

EIN 16-1019465 · Human Services (P750)

What they do

THE COMPANY PROVIDES DENTAL, PODIATRY, and VISION SERVICES to PATIENTS THROUGH ITS CLINIC. THE COMPANY ALSO LEASES REAL PROPERTY to LORETTO HEALTH & REHABILITATION CENTER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.85%of revenue went to mission work99.5% of expenses · Program services

$100.31spent for every $100 of revenueSpending was higher than revenue this year.

0.46%of revenue went to management and office costs0.5% of expenses

$14.82in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,121 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $27,907 for KIMBERLY TOWNSEND (CEO/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,309,571

Mission workProgram services$1,307,61099.85% of revenue99.5% of expenses

ManagementOffice and general costs$6,0820.46% of revenue0.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,313,692100.31% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 100.31% of revenue

2023Expense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 99.27% of revenue

2022Expense mix: 99.8% mission · 0.2% management · 0.0% fundraisingTotal expenses: 101.05% of revenue

2021Expense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 98.45% of revenue

2020Expense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 103.95% of revenue

2019Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 110.02% of revenue

2018Expense mix: 96.8% mission · 3.2% management · 0.0% fundraisingTotal expenses: 102.10% of revenue

2017Expense mix: 97.1% mission · 2.9% management · 0.0% fundraisingTotal expenses: 101.93% of revenue

Money in and money out

Revenue$1,309,571

Expenses$1,313,692

Annual shortfall $4,121 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,307,610 · 99.5% of expenses

Management and office costs$6,082 · 0.5% of expenses

See all reported dollar amounts

Revenue$1,309,571

Expenses$1,313,692

Assets$19,471,741

Income$1,309,571

Mission work (program services)$1,307,610

Management and general$6,082

Accounting fees$900

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KIMBERLY TOWNSENDCEO/PRESIDENT · 1 hrs/week $27,907Base · Other $27,907

JOHN MURRAYCHIEF FINANCIAL OFFICER · 1 hrs/week $4,334Base · Other $4,334

HOLLY HOEHNERVICE PRESIDENT, GENERAL COUNSEL · 1 hrs/week $3,976Base · Other $3,976

JULIE SHEEDYCHIEF MARKETING AND ENGAGEMENT OFFICER $3,797Base · Other $3,797

JOELLE MARGREYCHIEF NURSING OFFICER · 1 hrs/week $3,748Base · Other $3,748

BRANDON CLAPSCHIEF INFORMATION OFFICER · 1 hrs/week $3,490Base · Other $3,490

JENNIFER INGERSONVICE PRESIDENT, HOUSING · 1 hrs/week $3,332Base · Other $3,332

CHRISTINE STANFORDCHIEF OPERATING OFFICER · 1 hrs/week $3,316Base · Other $3,316

STEPHANIE BUTTONVICE PRESIDENT, PACE · 1 hrs/week $3,287Base · Other $3,287

NANCY WILLIAMSCHIEF PEOPLE OFFICER · 1 hrs/week $468Base · Other $468

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

KIMBERLY TOWNSENDCEO/PRESIDENT

JOHN MURRAYCHIEF FINANCIAL OFFICER

HOLLY HOEHNERVICE PRESIDENT, GENERAL COUNSEL

JULIE SHEEDYCHIEF MARKETING AND ENGAGEMENT OFFICER

JOELLE MARGREYCHIEF NURSING OFFICER

BRANDON CLAPSCHIEF INFORMATION OFFICER

JENNIFER INGERSONVICE PRESIDENT, HOUSING

CHRISTINE STANFORDCHIEF OPERATING OFFICER

STEPHANIE BUTTONVICE PRESIDENT, PACE

NANCY WILLIAMSCHIEF PEOPLE OFFICER

MICHELE JONES GALVINBOARD MEMBER

VICKI ONEILLBOARD MEMBER, CHAIR

STEPHEN J KINGSTONBOARD MEMBER

STEPHANIE CROCKETTBOARD MEMBER, VICE CHAIR

SAM CARELLOBOARD MEMBER

ROSEMARY AVILA-TICIOBOARD MEMBER

PETER MUSERLIANBOARD MEMBER

MIKE BUCKBOARD MEMBER

JAY SUBEDIBOARD MEMBER

KIRA REEDBOARD MEMBER

CRAIG LUCEBOARD MEMBER

KEVIN BRYANSBOARD MEMBER

DAVID HEISIGMEDICAL DIRECTOR

JOHN R BRENNANBOARD MEMBER, SECRETARY

ELIZABETH QUILTERBOARD MEMBER

JOHN MCCABEBOARD MEMBER

GWEN WEBBER-MCLEODBOARD MEMBER

About this charity

Recognized since: January 1971
Location: 700 E BRIGHTON AVE, SYRACUSE, NY 13205
County: Onondaga
In care of: JOHN MURRAY
Primary officer: JOHN MURRAY, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(315) 469-5570 Officer phone(315) 413-2298

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BONADIO & CO LLP
NTEE classification: Human Services (P750)
IRS tax category: Continuing Care Retirement Communities