Mca Revere Realty Inc
- Assets
- $17.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- El Paso, TX
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2253097
Organization Overview
Mca Revere Realty Inc is located in El Paso, TX. The organization was established in 2015. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Mca Revere Realty 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, Mca Revere Realty Inc generated $1.4m in total revenue. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 84.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE CORPORATION IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF BEING A SUPPORTING ORGANIZATION TO MEDICAL CENTER OF THE AMERICAS FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(3); TO ENCOURAGE AND ASSIST IN THE ESTABLISHMENT OF A NON-PROFIT MEDICAL CENTER IN EL PASO, TEXAS; PARTICIPATE IN OR HAVE A SUBSTANTIAL PRESENCE AT SUCH MEDICAL CENTER; FACILITATE, PROMOTE, OR CONDUCT MEDICAL RESEARCH AND EDUCATION TO ADDRESS HEALTH ISSUES IMPACTING THE GREATER EL PASO, TEXAS GEOGRAPHIC AREA; OR FACILITATE, PROMOTE OR CONDUCT THE PROCESS OF MAKING SUCCESSFUL RESEARCH AND HEALTHCARE OUTCOMES ACCESSIBLE TO PATIENTS REGARDLESS OF THEIR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCA REVERE REALTY, INC. ACQUIRED 10 ACRES OF LAND DURING 2014 AS PART OF A PLAN FOR FUTURE DEVELOPMENT THAT WILL FACILITATE BIOMEDICAL INNOVATION AND IMPROVE HEALTHCARE ACCESS AND QUALITY IN CONJUNCTION WITH, AND SUPPORT OF, THE MEDICAL CENTER OF THE AMERICAS FOUNDATION. DURING 2020, MCA REVERE REALTY COMPLETED CONSTRUCTION OF A 33,500 SQ. FT. MENTAL WELLNESS FACILITY FOR OCCUPANCY BY THE U.S. DEPARTMENT OF VETERANS AFFAIRS PURSUANT TO A 20 YEAR TERM LEASE WITH THE U.S. GOVERNMENT.
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 |
|---|---|---|---|
Emma Schwartz President | Officer | 1 | $0 |
Carlos Ortega CFO | Officer | 1 | $0 |
Ben Marcus Board Member | Trustee | 1 | $0 |
Matthew Bohannon Board Member | Trustee | 1 | $0 |
Edward Escudero Board Member | Trustee | 1 | $0 |
Ted Houghton Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Public Properties Llc Consulting Services | 12/30/20 | $142,331 |
Jordan Foster Contruction Llc Construction Services | 12/30/20 | $3,071,907 |
Johnson Development Llc Health Care Real Estate Services | 12/30/20 | $108,254 |
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 | $1,387,775 |
| Investment income | $170 |
| 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 | $1,387,945 |
| 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 | $141,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $924 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $938,888 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $385,858 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,725,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,371,700 |
| 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 | $15,818 |
| Net Land, buildings, and equipment | $15,315,208 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $514,745 |
| Total assets | $17,217,471 |
| Accounts payable and accrued expenses | $96,207 |
| Grants payable | $0 |
| Deferred revenue | $2,012,048 |
| 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 | $15,796,303 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,904,558 |
| Net assets without donor restrictions | -$687,087 |
| 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 | $17,217,471 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mca Revere Realty Inc has recieved totaling $247,598.
| Awarding Organization | Amount |
|---|---|
Medical Center Of The Americasfoundation El Paso, TX PURPOSE: TO FUND OPERATING EXPENSES | $247,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Methodist Hospitals Foundation Inc Dallas, TX | $153,905,809 | $19,053,620 |
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Heart Of Texas Memorial Hospital Brady, TX | $57,981,362 | $27,695,651 |
Paso Del Norte Health Foundation El Paso, TX | $268,661,526 | $12,325,026 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Lsu Health Foundation New Orleans New Orleans, LA | $163,045,964 | $16,219,820 |
Baker & Botts Llp Employees Health Care Trust Agreement Houston, TX | $7,386,009 | $15,322,087 |
Shannon Business Services Inc San Angelo, TX | $6,491,391 | $14,101,592 |
Covenant Health System Foundation Lubbock, TX | $55,699,431 | $11,499,437 |
Texas Childrens Hospital Foundation Houston, TX | $3,566,256,606 | $201,987,304 |
The Menninger Clinic Foundation Houston, TX | $95,150,910 | $23,726,608 |
Presbyterian Health Foundation Oklahoma City, OK | $0 | $8,670,353 |