LORETTO BUCKLEY HOUSING DEVELOPMENT FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LORETTO BUCKLEY HOUSING DEVELOPMENT FUND (EIN 93-2485255)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202433209349300538
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T06:21:49-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161131146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BONADIO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16 WEMBLEY CTAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN932485255EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LORETTO BUCKLEY HOUSING DEVELOPMENT FUNDBusinessNameLine1Txt
Business Name Line2COMPANY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOREBusinessNameControlTxt
Phone3154695570PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 EAST BRIGHTON AVENUEAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13205ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN MURRAYPersonNm
Person TitleCFOPersonTitleTxt
Phone3154695570PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAITLYN WORLEYPreparerPersonNm
PTINP01998667PTIN
Phone5184644080PhoneNum
Preparation2024-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerKIMBERLY TOWNSENDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 EAST BRIGHTON AVEAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13205ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$142,007GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LORETTO-CNY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2023FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION RENTS REAL ESTATE TO A RELATED NOT-FOR-PROFIT SECTION 501(C)(3) ORGANIZATION WHICH OPERATES AN ASSISTED LIVING PROGRAM (ALP) FOR INDIVIDUALS WHO REQUIRE ELEVATED LEVELES OF ASSISTED CARE.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$142,007CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$142,007CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$142,007CYOtherExpensesAmt
CY Total Expenses$142,007CYTotalExpensesAmt
CY Revenues Less Expenses$0CYRevenuesLessExpensesAmt
Total Assets EOY$8,557,625TotalAssetsEOYAmt
Total Liabilities EOY$8,557,625TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION RENTS REAL ESTATE TO A RELATED NOT-FOR-PROFIT SECTION 501(C)(3) ORGANIZATION WHICH OPERATES AN ASSISTED LIVING PROGRAM (ALP) FOR INDIVIDUALS WHO REQUIRE ELEVATED LEVELS OF ASSISTED CARE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$142,007ExpenseAmt
Revenue$142,007RevenueAmt
DescLORETTO BUCKLEY HOUSING DEVELOPMENT FUND COMPANY RENTS REAL ESTATE TO BUCKLEY LANDING, A RELATED NOT-FOR-PROFIT SECTION 501(C)(3) ORGANIZATION WHICH OPERATES AN ASSISTED LIVING PROGRAM.Desc
Total Program Service Expenses$142,007TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN G MURRAY CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3154133206PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 EAST BRIGHTON AVENUEAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13205ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN MCCABE
BOARD MEMBER, CHAIR1.00Yes (X)Yes (X)$0$0$0
ROBERT J MARZELLA
BOARD MEMBER, VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
JOHN R BRENNAN
BOARD MEMBER, SECRETARY1.00Yes (X)Yes (X)$0$0$0
VICKI O'NEILL
BOARD MEMBER1.00Yes (X)$0$0$0
PIERRE MORRISSEAU
BOARD MEMBER1.00Yes (X)$0$0$0
ELIZABETH QUILTER
BOARD MEMBER1.00Yes (X)$0$0$0
CHRISTINE WOODCOCK DETTOR
BOARD MEMBER1.00Yes (X)$0$0$0
MICHELE JONES GALVIN
BOARD MEMBER1.00Yes (X)$0$0$0
JAY SUBEDI
BOARD MEMBER1.00Yes (X)$0$0$0
KEVIN BRYANS
BOARD MEMBER1.00Yes (X)$0$0$0
GWEN WEBBER-MCLEOD
BOARD MEMBER1.00Yes (X)$0$0$0
STEPHEN J KINGSTON
BOARD MEMBER1.00Yes (X)$0$0$0
SAM CARELLO
BOARD MEMBER1.00Yes (X)$0$0$0
CRAIG LUCE
BOARD MEMBER1.00Yes (X)$0$0$0
PETER MUSERLIAN
BOARD MEMBER1.00Yes (X)$0$0$0
STEPHANIE CROCKETT
BOARD MEMBER1.00Yes (X)$0$0$0
NANCY WILLIAMS
CPP1.00Yes (X)$0$126,924$039.00
JOHN MURRAY
CFO1.00Yes (X)$0$305,507$039.00
KIMBERLY TOWNSEND
PRESIDENT1.00Yes (X)$0$775,078$039.00
BRANDON CLAPS
CIO1.00$0$210,362$039.00Yes (X)
JENNIFER INGERSON
VP OF HOUSING1.00$0$202,284$039.00Yes (X)
JOELLE MARGREY
CNO1.00$0$241,541$039.00Yes (X)
JULIE SHEEDY
VP OF MARKETING1.00$0$240,026$039.00Yes (X)
STEPHANIE BUTTON
VP OF LORETTO INDEPENDENT LIVING SERVICES, INC.1.00$0$194,812$039.00Yes (X)
HOLLY HOEHNER
VP GENERAL COUNSEL1.00$0$272,837$039.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,569,371TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business623990BusinessCd
Total Revenue Column$142,007TotalRevenueColumnAmt
Related Or Exempt Func Income$142,007RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$142,007TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$142,007TotalRevenueColumnAmt
Related Or Exempt Func Income$142,007RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$97,276TotalAmt
Program Services$97,276ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$417TotalAmt
Program Services$417ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEQUITY TRANSFER RELATEDDesc
Total$44,314TotalAmt
Program Services$44,314ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$142,007TotalAmt
Program Services$142,007ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$8,557,625EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$8,557,625EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$32,750EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,533,780EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$4,991,095EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$8,557,625EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$8,557,625EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$0ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$142,007CurrentTaxYearAmt
Total$142,007TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$142,007CurrentTaxYearAmt
Total$142,007TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$142,007PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year$142,007CurrentTaxYearAmt
Total$142,007TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
NET INVESTMENT IN DIRECT FINANCING LEASE$5,090,678
DUE FROM BUCKLEY LANDING$3,266,947
ASSETS LIMITED AS TO USE$200,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,557,625TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. AS OF DECEMBER 31, 2023 AND 2022, THE CORPORATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR ANY UNRELATED ACCRUED INTEREST OR PENALTIES. THE TAX YEARS OPEN TO EXAMINATION BY FEDERAL AND NEW YORK STATE TAXING AUTHORITIES ARE 2020 THROUGH 2023.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KIMBERLY TOWNSEND
PRESIDENT$0$586,443$0$188,635$0$0$0$0$0$27,379$0$802,457$0$0
JOHN MURRAY
CFO$0$288,090$0$17,417$0$0$0$0$0$4,238$0$309,745$0$0
HOLLY HOEHNER
VP GENERAL COUNSEL$0$246,910$0$14,927$0$11,000$0$0$0$3,894$0$276,731$0$0
JOELLE MARGREY
CNO$0$216,078$0$25,463$0$0$0$0$0$3,631$0$245,172$0$0
JULIE SHEEDY
VP OF MARKETING$0$226,342$0$13,684$0$0$0$0$0$3,722$0$243,748$0$0
BRANDON CLAPS
CIO$0$199,214$0$11,148$0$0$0$0$0$3,347$0$213,709$0$0
JENNIFER INGERSON
VP OF HOUSING$0$190,751$0$11,533$0$0$0$0$0$3,205$0$205,489$0$0
STEPHANIE BUTTON
VP OF LORETTO INDEPENDENT LIVING SER$0$184,362$0$10,450$0$0$0$0$0$3,098$0$197,910$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE BUSINESS AND PROPERTY OF THE CORPORATION ARE MANAGED AND CONTROLLED BY A BOARD OF TRUSTEES WHO ARE ELECTED ANNUALLY BY THE MEMBERS OF THE CORPORATE MEMBER OF THE CORPORATION TO HOLD OFFICE UNTIL THE NEXT ANNUAL MEETING OF THE CORPORATE MEMBER. THE TRUSTEES ARE CHOSEN BY BALLOT AT SUCH MEETING BY A MAJORITY OF THE VOTES OF THE MEMBERS OF THE CORPORATE MEMBER.
FORM 990, PART VI, SECTION A, LINE 7ATHE CORPORATION'S MEMBERS CONSIST OF DESIGNATED MEMBERS AND ELECTED MEMBERS. THE DESIGNATED MEMBERS INCLUDE THE BISHOP OF THE ROMAN CATHOLIC DIOCESE OF SYRACUSE, NEW YORK; THE VICAR GENERAL OF THE ROMAN CATHOLIC DIOCESE OF SYRACUSE, NEW YORK; AND THE CHAIR OF LMC. THE ELECTED MEMBERS ARE VARIOUS CENTRAL NEW YORK COMMUNITY INDIVIDUALS.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 WILL BE REVIEWED BY THE BOARD OF TRUSTEES AT THE OCTOBER 2024 FINANCE COMMITTEE MEETING.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS THE NOMINATING AND DEVELOPMENT COMMITTEE OF THE LORETTO BOARD OF TRUSTEES REQUESTS ALL TRUSTEES TO COMPLETE A CONFLICT OF INTEREST ASSESSMENT. THE ASSESSMENTS ARE RETURNED TO THE EXECUTIVE OFFICE AND REVIEWED FOR ANY POTENTIAL CONFLICTS. SHOULD A CONFLICT ARISE, TRUSTEES ARE ASKED TO RECUSE THEMSELVES FROM THE DELIBERATIONS AND THE DECISION MAKING PROCESS REGARDING THE TRANSACTION. ADDITIONALLY, ALL EMPLOYEES ARE REQUIRED TO ATTEST ANNUALLY TO A CORPORATE CODE OF CONDUCT WHICH ADDRESSES CONFLICT OF INTEREST ISSUES.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD OF TRUSTEES OF LORETTO (THE COMMITTEE) IS RESPONSIBLE FOR REVIEWING AND APPROVING PROPOSED COMPENSATION AND BENEFIT ARRANGEMENTS FOR KEY EMPLOYEES (COVERED PERSONS). IN REVIEWING THE REASONABLENESS OF PROPOSED COMPENSATION AND BENEFIT ARRANGEMENTS FOR COVERED PERSONS, THE COMMITTEE CONSIDERS A DETAILED DESCRIPTION OF THE COMPENSATION/BENEFIT ARRANGEMENT RECOMMENDED AND THE REASONS FOR THE RECOMMENDATION, INCLUDING EXTERNAL LABOR MARKET DATA AND COMPARABILITY INFORMATION FOR SIMILARLY SITUATED PERSONS AT LIKE ORGANIZATIONS. COMPARABILITY INFORMATION IS OBTAINED FROM INDEPENDENT SOURCES (E.G., COMPENSATION/BENEFIT CONSULTING FIRM) AND FROM RESEARCH OF PUBLICALLY AVAILABLE DATA (E.G., WAGE AND BENEFIT SURVEY DATA). BOTH EXTERNAL DATA AND INTERNAL FACTORS ARE TAKEN INTO ACCOUNT BY THE COMMITTEE AS IT REVIEWS COMPENSATION AND BENEFIT RECOMMENDATIONS. WHEN MAKING 2023 COMPENSATION DECISIONS, MANAGEMENT BENCHMARKED COMPETITIVE EXECUTIVE COMPENSATION LEVELS USING MULTIPLE INDUSTRY COMPENSATION SURVEYS. THE COMMITTEE DOCUMENTS DECISIONS AND THE BASIS FOR DECISIONS REGARDING COMPENSATION AND BENEFIT ARRANGEMENTS FOR COVERED PERSONS IN THE FORM OF MINUTES THAT ARE MAINTAINED FOR ALL MEETINGS OF THE COMMITTEE. COVERED PERSONS ARE EXCLUDED FROM DELIBERATIONS REGARDING RECOMMENDED COMPENSATION AND BENEFIT ARRANGEMENTS.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION PROVIDES FORM 1023 AND FORM 990 TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION PROVIDES OTHER INFORMATION REQUIRED UNDER INTERNAL REVENUE SERVICE REGULATIONS TO THE PUBLIC UPON REQUEST.
FORM 990, PART VII, SECTION AKIMBERLY TOWNSEND IS THE PRESIDENT AND CEO OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. JOHN MURRAY IS CFO OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. BRANDON CLAPS IS THE CHIEF INFORMATION OFFICER OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. JENNIFER INGERSON IS VICE PRESIDENT OF HOUSING AND OVERSEES THE OPERATIONS OF BERNARDINE APARTMENTS, LORETTO ADULT COMMUNITY INC., LORETTO GERIATRIC COMMUNITY RESIDENCES, NOTTINGHAM RETIREMENT COMMUNITY INC., AND CHURCHILL MANOR, INC. HOLLY HOEHNER IS THE VICE PRESIDENT AND GENERAL COUNSEL OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. JOELLE MARGREY IS CHIEF NURSING OFFICER OF CLINICAL SKILLED NURSING AT LORETTO HEALTH AND REHABILITATION CENTER, AUBURN SENIOR SERVICES, AND NOTTINGHAM RHCF. STEPHANIE BUTTON IS VICE PRESIDENT AT LORETTO INDEPENDENT LIVING SERVICES, INC JULIE SHEEDY IS CHIEF MARKETING AND ENGAGEMENT OFFICER FOR THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. ALSO, OVERSEES THE OPERATIONS OF THE LORETTO FOUNDATION.
FORM 990, PART XII, LINE 2CTHE LORETTO FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ORGANIZATION'S AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ADVANCED INSTITUTIONAL SUPPORT SERVICES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 EAST BRIGHTON AVEAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13205ZIPCd
FieldValueIRS element (for citing)
EIN200424458EIN
Primary ActivitiesPROVIDES FOOD AND FOOD SERVICE OPERATIONS TO VARIOUS LORETTO AFFILIATESPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LORETTO MANAGEMENT CORPORATIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (20 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
LORETTO HEALTH AND REHABILITATION CENTER
700 EAST BRIGHTON AVESYRACUSENY13205200503099SKILLED NURSING FACILITYNY501C39LORETTO MANAGEMENT CORPORATION0
BERNARDINE APARTMENTS
700 EAST BRIGHTON AVESYRACUSENY13205161012804OPERATES LOW INCOME HOUSING FOR THE ELDERLYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO ADULT COMMUNITY INC
700 EAST BRIGHTON AVESYRACUSENY13205222588128OPERATES AN ASSISTED LIVING PROGRAMNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO GERIATRIC COMMUNITY RESIDENCES
700 EAST BRIGHTON AVESYRACUSENY13205161234898OPERATES COMMUNITY RESIDENCES FOR MENTALLY DISABLED PERSONS IN NEED OF SUPERNY501C37LORETTO MANAGEMENT CORPORATION0
LORETTO INDEPENDENT LIVING SERVICES INC (PACE)
700 EAST BRIGHTON AVESYRACUSENY13205161470454PROGRAM FOR THE ALL INCLUSIVE CARE FOR THE ELDERLYNY501C39LORETTO REST REALTY CORPORATION0
NOTTINGHAM RHCF
700 EAST BRIGHTON AVESYRACUSENY13205161468624SKILLED NURSING FACILITYNY501C39LORETTO MANAGEMENT CORPORATION0
NOTTINGHAM RETIREMENT COMMUNITY INC
700 EAST BRIGHTON AVESYRACUSENY13205161468628OPERATES A SENIOR LIVING COMMUNITYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO PROPERTIES CORPORATION
700 EAST BRIGHTON AVESYRACUSENY13205222809537OPERATES AND MANAGES REAL PROPERTY USED FOR THE HOUSING AND SERVICES FOR THENY501C311-TYPE IILORETTO MANAGEMENT CORPORATION0
THE LORETTO FOUNDATION
700 EAST BRIGHTON AVESYRACUSENY13205222339225CHARITABLE ACTIVITIES THAT BENEFIT THE LORETTO ORGANIZATIONNY501C311-TYPE IILORETTO MANAGEMENT CORPORATION0
LORETTO APARTMENTS HOUSING DEVELOPMENT FUND COINC
700 EAST BRIGHTON AVESYRACUSENY13205161496955OWNER OF LOW INCOME HOUSING FOR THE ELDERLYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO MALTA MANOR HOUSING DEVELOP FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205161561842OWNER OF LOW INCOME HOUSING FOR THE ELDERLYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO O'BRIEN ROAD HOUSING DEV FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205161594409OWNER OF LOW INCOME HOUSING FOR THE ELDERLYNY501C39LORETTO MANAGEMENT CORPORATION0
CHURCHILL MANOR INC
700 EAST BRIGHTON AVESYRACUSENY13205161006158OPERATES AN ASSISTED LIVING FACILITYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205223116481OWNER OF REAL PROPERTY USED FOR HOUSING THE ELDERLYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO APARTMENTS AT O'BRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC
700 EAST BRIGHTON AVESYRACUSENY13205462450456OWNER OF LOW INCOME HOUSING FOR THE ELDERLYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO REST INC
700 EAST BRIGHTON AVESYRACUSENY13205150532210PARENT CORPORATION TO VARIOUS LORETTO NOT FOR PROFIT CORPORATIONSNY501C37LORETTO MANAGEMENT CORPORATION0
ELBRIDGE ADULT COMMUNITY
701 EAST BRIGHTON AVESYRACUSENY13205222784983INACTIVENY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO MANAGEMENT CORPORATION
700 EAST BRIGHTON AVESYRACUSENY13205222873640TO ADVISE & ASSIST IN THE COORDINATING OF HEALTH, HOUSING AND WELFARE OF THENY501C311-TYPE IILORETTO MANAGEMENT CORPORATION0
AUBURN SENIOR SERVICES INC
3 STANTHONY STAUBURNNY13021463900740TO OPERATE A SKILLED NURSING FACILITYNY501C39LORETTO MANAGEMENT CORPORATION0
LORETTO BUCKLEY HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205932485255HOLDS DEBT ON BEHALF OF BUCKLEY LANDING FACILITY OPERATIONSNY501C39LORETTO MANAGEMENT CORPORATION0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
BRIGHTON MANAGEMENT SERVICES INC
700 EAST BRIGHTON AVENUESYRACUSENY13205161453312CONSULTING SERVICESNYN/AC0
(no name)
0
(no name)
0
(no name)
0
(no name)
0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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