Presbyterian Properties Inc
Revenue
$4.6m
year to 31 December 2024
Expenses
$3.8m
year to 31 December 2024
Total assets
$93.8m
$65.2m liabilities
Net assets
$28.6m
assets less liabilities
Directors and trustees
5
2.4y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
5
reported in Part VI
Presbyterian Properties Inc's network
5 people3 organisationsi5 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Eric Cornish | VP / Director | 2024 | 2 yrs |
| James Noble | VP / Director | 2024 | 2 yrs |
| Lauren M Cates | President / Director | 2024 | 2 yrs |
| Ryan Burt | VP / Director | 2024 | 2 yrs |
| Timothy Johnsen | VP / Director | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Eric Cornish | VP / Director | 1 | $0 | $319k | $30k |
| James Noble | VP / Director | 1 | $0 | $2.2m | $150k |
| Lauren M Cates | President / Director | 1 | $0 | $1.3m | $138k |
| Ryan Burt | VP / Director | 1 | $0 | $1.8m | $113k |
| Timothy Johnsen | VP / Director | 1 | $0 | $1.4m | $116k |
About
- Legal name
- Presbyterian Properties Inc
- EIN
- 850414352
- Address
- Po Box 26666, Albuquerque, NM, 87125-6666
- State
- New Mexico
- Mission
- Support of presbyterian healthcare services, a section 501(c)(3) organization. (as filed on the Form 990)
- IRS classification
- 501(c)02 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 9 (IRS master file code)
- Formed
- 1993
- IRS ruling date
- 1 October 1993
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 1, latest 2024
Most connected
Related organisations (Schedule R)
RelatedHEALTHCAREPresbyterian Healthcare ServicesRelatedSUPPORTSouthwest Health FoundationRelatedAMBULANCE SERVICEBernalillo County Health Care CorporationRelatedRAISE FUNDSPresbyterian Healthcare Foundation
Longest observed on the filings
≥2years on the filingsEric Cornish
≥2years on the filingsJames Noble
≥2years on the filingsLauren M Cates
≥2years on the filingsRyan Burt
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $93.8m
- Total liabilities
- $65.2m
- Net assets or fund balances
- $28.6m
- Contributions and grants received
- $0
- Program service revenue
- $4.6m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $4.6m | $3.8m | $862k |
As filed on the IRS Form 990. US dollars.