Compensation 990

Loretto Properties Corporation

Fiscal year ending 2024. Filed on November 14, 2025.

700 East Brighton Avenue
Syracuse, New York 13205

Loretto Properties Corporation (EIN: 22-2809537) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Loretto Properties Corporation, a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $284,194. The highest compensated employee at Loretto Properties Corporation is Kimberly Townsend with fiscal year 2024 compensation of $637,588.

Revenue, expenses, and employee compensation

Revenue

$253,117

Expenses

$247,368

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－17.7%vs 2023
Kimberly Townsend
President and Chief Executive Officer
$637,588
$0 from org$609,681 from related$27,907 other
－0.5%vs 2023
John Murray
Chief Financial Officer
$303,847
$0 from org$299,513 from related$4,334 other
＋2.1%vs 2023
Holly Hoehner
Vice President and General Counsel
$278,584
$0 from org$274,608 from related$3,976 other
±0%vs 2023
David Heisig
Medical Director
$274,997
$0 from org$274,997 from relatedNo other comp
＋13.4%vs 2023
Joelle Margrey
Chief Nursing Officer
$273,911
$0 from org$270,163 from related$3,748 other
＋6.5%vs 2023
Julie Sheedy
Chief Marketing and Engagement Officer
$255,540
$0 from org$251,743 from related$3,797 other
New in 2024
Nancy Williams
Chief People Officer
$239,569
$0 from org$239,101 from related$468 other
＋7.3%vs 2023
Brandon Claps
Chief Information Officer
$225,704
$0 from org$222,214 from related$3,490 other
＋6.5%vs 2023
Jennifer Ingerson
Vice President, Housing
$215,482
$0 from org$212,150 from related$3,332 other
＋9.0%vs 2023
Stephanie Button
Vice President PACE
$212,297
$0 from org$209,010 from related$3,287 other
New in 2024
Christine Stanford
Chief Operating Officer
$208,614
$0 from org$205,298 from related$3,316 other

Non-Employee Board Members

Craig Luce
Board Member
Elizabeth Quilter
Board Member
Gwen Webber-McLeod
Board Member
Jay Subedi
Board Member
John McCabe
Board Member
John R Brennan
Secretary and Board Member
Kevin Bryans
Board Member
Kira Reed
Board Member
Michele Jones Galvin
Board Member
Mike Buck
Board Member
Peter Muserlian
Board Member
Rosemary Avila-Ticio
Board Member

Mission Statement

TO ACQUIRE, OWN, LEASE AND MANAGE REAL ESTATE FOR THE BENEFIT OF AFFILIATED NOT FOR PROFIT 501(C)(3) ORGANIZATIONS THAT PROVIDE LOW INCOME HOUSING TO THE FRAIL ELDERLY.

Revisions to this organization profile

November 14, 2025:
2024 Loretto Properties Corporation 990 filed
November 15, 2024:
2023 Loretto Properties Corporation 990 filed

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