Lourdes Realty Company Inc

Organization Overview

Lourdes Realty Company Inc is located in St Louis, MO. The organization was established in 1988. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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. Lourdes Realty Company Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 12/2021, Lourdes Realty Company Inc generated $802.4k 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 (6.8%) each year. All expenses for the organization totaled $997.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) 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

TO MANAGE ANY REAL OR PERSONAL PROPERTY AND REMIT ANY INCOME EARNED TO LOURDES HOSPITAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL OF HEALTHCARE FACILITIES - EXPENSES INCURRED TO ACQUIRE, RENOVATE AND MANAGE OFFICE SPACE IN THE PROXIMITY OF OUR LADY OF LOURDES MEMORIAL HOSPITAL, INC., THE SOLE CORPORATE MEMBER OF LOURDES REALTY COMPANY, INC. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN CY20 AND CY21.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Officer (end 8/2016)
$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$802,365
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $802,365

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