Good Samaritan Real Estate Inc is located in York, PA. Good Samaritan Real Estate 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 06/2017, Good Samaritan Real Estate Inc generated $800.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.9m during the year ending 06/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
GOOD SAMARITAN REAL ESTATE, INC. LEASES NON-RESIDENTIAL REAL ESTATE TO AFFILIATED EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOOD SAMARITAN REAL ESTATE, INC. (GSRE) RENTS NON-RESIDENTIAL REAL ESTATE TO AFFILIATED EXEMPT ORGANIZATIONS. GSRE IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. GSRE IS A SUBSIDIARY OF GOOD SAMARITAN HOSPITAL OF LEBANON, PA. GOOD SAMARITAN HOSPITAL (GSH) IS A COMPONENT OF WELLSPAN HEALTH (WSH). BOTH GSH AND WSH ARE 501(C)(3) ORGANIZATIONS, EXEMPT FROM FEDERAL INCOME TAX.GSRE SUPPORTS WSH AND ITS AFFILIATES, GSH AND GOOD SAMARITAN PHYSICIAN SERVICES, IN THEIR MISSION TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IT SERVICES. ALL OF THE SUPPORTED AFFILIATED ORGANIZATIONS ARE PURELY PUBLIC CHARITIES AND EXEMPT FROM PENNSYLVANIA SALES TAX. THE FACILITIES LEASED TO THESE EXEMPT AFFILIATES ASSIST WSH'S MISSION OF IMPROVING ACCESS TO COORDINATED, HIGH-QUALITY, COST-EFFECTIVE AND COMPASSIONATE HEALTHCARE SERVICES. ALL LEASES WERE AT FAIR MARKET VALUE.SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION: WELLSPAN HEALTH - 2017 COMMUNITY BENEFIT REPORT.
GOOD SAMARITAN REAL ESTATE, INC. (GSRE) RENTS NON-RESIDENTIAL REAL ESTATE TO AFFILIATED EXEMPT ORGANIZATIONS. GSRE IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. GSRE IS A SUBSIDIARY OF GOOD SAMARITAN HOSPITAL OF LEBANON, PA. GOOD SAMARITAN HOSPITAL (GSH) IS A COMPONENT OF WELLSPAN HEALTH (WSH). BOTH GSH AND WSH ARE 501(C)(3) ORGANIZATIONS, EXEMPT FROM FEDERAL INCOME TAX.GSRE SUPPORTS WSH AND ITS AFFILIATES, GSH AND GOOD SAMARITAN PHYSICIAN SERVICES, IN THEIR MISSION TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IT SERVICES. ALL OF THE SUPPORTED AFFILIATED ORGANIZATIONS ARE PURELY PUBLIC CHARITIES AND EXEMPT FROM PENNSYLVANIA SALES TAX. THE FACILITIES LEASED TO THESE EXEMPT AFFILIATES ASSIST WSH'S MISSION OF IMPROVING ACCESS TO COORDINATED, HIGH-QUALITY, COST-EFFECTIVE AND COMPASSIONATE HEALTHCARE SERVICES. ALL LEASES WERE AT FAIR MARKET VALUE.SEE ATTACHED FEDERAL SUPPLEMENTAL INFORMATION: WELLSPAN HEALTH - 2017 COMMUNITY BENEFIT REPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Harlow Pres./director | OfficerTrustee | 1 | $0 |
John Welch MD Chairman | OfficerTrustee | 1 | $0 |
Donald Dreibelbis Vice Chairman | OfficerTrustee | 1 | $0 |
Frederick Wolfson Secr/treas | OfficerTrustee | 1 | $0 |
Kevin Mosser Ceo-Wsh | Officer | 1 | $0 |
Michael O'connor Cfo-Wsh | Officer | 1 | $0 |
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 | $800,694 |
Investment income | $22 |
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 | $800,716 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,588,881 |
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 | $35,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,240 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7 |
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 | $45,739 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $127,095 |
Insurance | $11,710 |
All other expenses | $499 |
Total functional expenses | $1,885,162 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |