Rome Memorial Properties Inc
- Assets
- $1.6m
- Revenue
- $167.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Rome, NY
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 16-1492003
Organization Overview
Rome Memorial Properties Inc is located in Rome, NY. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rome Memorial Properties Inc 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, Rome Memorial Properties Inc generated $167.3k 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 (3.8%) each year. All expenses for the organization totaled $93.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE CHARITABLE PURPOSES OF ROME MEMORIAL HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROME MEMORIAL PROPERTIES PROMOTES AND PROVIDES HEALTHCARE SERVICES TO THE ROME AREA COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Burns Secretary | OfficerTrustee | 1 | $0 |
Lynn G Reese Assistant VP | OfficerTrustee | 1 | $0 |
John Restivo Vice President | OfficerTrustee | 1 | $0 |
Julie Grow Denton Treasurer | OfficerTrustee | 1 | $0 |
Kristin Grunder Asst. Secretary | OfficerTrustee | 1 | $0 |
Ryan O'shaughnessy Asst. Treasurer | OfficerTrustee | 1 | $0 |
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 | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $167,287 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $4,678 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $330 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,046 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $93,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,383 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,561,355 |
| Total assets | $1,571,084 |
| Accounts payable and accrued expenses | $4,385 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,385 |
| Net assets without donor restrictions | $1,566,699 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,571,084 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Shore-Lij Cardiology At Deer Park Pc Westbury, NY | $1,851,842 | $8,492,015 |
Jeffex Inc Philadelphia, PA | $3,826,392 | $8,476,975 |
Albany Medical Center Saratoga Springs, NY | $8,508,389 | $8,765,103 |
Atlantic Health System Inc Morristown, NJ | $129,133,842 | $14,314,039 |
Main Line Health Inc External Reporting Newtown Square, PA | $72,946,788 | $8,537,974 |
North Shore-Lij Internal Medicine Pc Westbury, NY | $7,304,719 | $5,595,851 |
Community Health Systems Inc Attleboro, MA | $20,160,343 | $9,615,392 |
Hackensack Meridian Health Inc Neptune, NJ | $1,617,294 | $7,446,221 |
Metrowest Health Foundation Inc Framingham, MA | $99,772,227 | $5,790,457 |
Hackensack Meridian Health Inc Neptune, NJ | $27,492,355 | $6,327,156 |
Pca Care Connections Philadelphia, PA | $4,445,374 | $6,624,412 |
North Shore-Lij Heart Surgery Pc Westbury, NY | $620,243 | $5,717,288 |