Msmc Realty Corporation

Organization Overview

Msmc Realty Corporation is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Msmc Realty Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Msmc Realty Corporation generated $4.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MSMC REALTY CORPORATION'S MISSION IS TO SUPPORT ITS TAX EXEMPT MEMBERS BY MANAGING, MAINTAINING, HOLDING, DEVELOPING, ACQUIRING OR DISPOSING REAL PROPERTY FOR THEIR BENEFIT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO HOLD AND LEASE PROPERTY TO MOUNT SINAI HOSPITAL FOR ITS TAX EXEMPT PURPOSES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,223,063
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,571,734
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,794,797

Grants Awarded

Over the last fiscal year, Msmc Realty Corporation has awarded $27,302,605 in support to 2 organizations.

Grant RecipientAmount

THE MOUNT SINAI HOSPITAL

Org PageRecipient Profile

New York, NY

PURPOSE: general support

$27,101,549

ICAHN SCHOOL OF MEDICINE

Org PageRecipient Profile

New York, NY

PURPOSE: DISTRIBUTION

$201,056
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Msmc Realty Corporation has recieved totaling $63,829.

Awarding OrganizationAmount
Mount Sinai Hospital

New York, NY

PURPOSE: FUND OPERATING LOSS

$63,829
View Grant Recipient Profile

Create an account to unlock the data you need.

or