2024-09-10T15:56:53+00:00 2023-12-31 990 2023-01-01 850414352 PRESBYTERIAN PROPERTIES INC PRES 5059236101 PO BOX 26666 ALBUQUERQUE NM 871256666 DALE MAXWELL PRESIDENT 5059236101 2024-09-10 true 2023 2024-08-08 14:25:15Z DALE C MAXWELL PO BOX 26666 ALBUQUERQUE NM 871256666 4295857 false X WWW.PHS.ORG X 1993 NM SEE SCHEDULE O 6 0 0 0 0 0 0 3778083 4295857 0 27 0 3778110 4295857 0 0 0 0 0 3430886 4430476 3430886 4430476 347224 -134619 94776097 96864010 66918684 69141216 27857413 27722794 SUPPORT OF PRESBYTERIAN HEALTHCARE SERVICES, A SECTION 501(C)(3) ORGANIZATION. false false 4430476 4295857 RENTAL INCOME DERIVED FROM THE RENTAL OF MEDICAL OFFICE BUILDINGS AND OTHER REAL ESTATE TO ENHANCE ACCESS TO HOSPITAL FACILITIES AND TO BENEFIT THE PARENT ORGANIZATION, PRESBYTERIAN HEALTHCARE SERVICES, A 501(C)(3) ORGANIZATION. 4430476 false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true false false true 0 0 0 false false false false false false false false X 6 0 false false false false true true false true false false false false true true true true true false false false NM X KEVIN P NOWELL CPA 5059236101 9521 SAN MATEO BLVD NE ALBUQUERQUE NM 871132237 Dale Maxwell President / Director 1.0 42.0 X X 0 4120680 398878 Eric Cornish VP / Director 1.0 40.0 X X 0 327588 41086 James Noble VP / Director 1.0 41.0 X X 0 1489096 129234 Ryan Burt VP / Director 1.0 41.0 X X 0 1301119 103133 Timothy Johnsen VP / Director 1.0 41.0 X X 0 1120489 110339 Lauren M Cates Director (Effective: 12/8/2023) 1.0 42.0 X 0 852419 75986 Donna Garcia Former VP / Director 0.0 40.0 X 0 156353 10458 0 9367744 869114 0 true true false ENTERPRISE BUILDERS 8516 PASEO ALAMEDA NE ALBUQUERQUE NM 87113 CONSTRUCTION 3477670 PUBLIC SERVICE COMPANY OF NEW MEXICO ALVADADO SQUARE ALBUQUERQUE NM 87158 ELECTRICAL SERVICE 1201436 PLATINUM BUILDERS CO 3230 LOS ARBOLES AVE NE ALBUQUERQUE NM 87107 CONSTRUCTION 879576 ELITE RESTORATION HOLDINGS LLC 24 HAGERTY BLVD SUITE 2 WEST CHESTER PA 19382 CONSTRUCTION / RESTORATION 699478 ATHENA ENERGY SERVICES 901 RHODE PL 400 HOUSTON TX 77019 NATURAL GAS 447493 9 0 RENTAL OF REAL ESTATE 531120 4295857 4295857 0 0 0 0 4295857 0 0 0 0 0 0 0 0 0 4295857 4295857 0 0 621484 93643 3184436 3530162 3541384 122524 PROPERTY TAXES 1329437 REPAIRS - OTHER 1071724 ASSET IMPAIRMENTS 242464 MISCELLANEOUS 10293 -9317075 4430476 3072 166741 379914 657182 0 0 0 0 0 152659612 56619525 94393111 96040087 0 0 0 0 94776097 96864010 888675 850163 0 0 66030009 68291053 66918684 69141216 27857413 27722794 27857413 27722794 94776097 96864010 -134619 0 X false true X false false 2237271 2237271 149898317 56178390 93719927 445451 441135 4316 78573 78573 96040087 DUE TO PRESBYTERIAN HEALTHCARE SERVICES 501(C)(3) PARENT COMPANY 68291053 68291053 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote PRESBYTERIAN PROPERTIES, INC. (PPI) FOLLOWS ASC 740, INCOME TAXES, WHICH PRESCRIBES CRITERIA FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF DECEMBER 31, 2023 AND 2022, PPI DETERMINED THAT NO PROVISION IS REQUIRED FOR UNCERTAIN TAX POSITIONS. false false false Donna Garcia Former VP / Director 0 28409 0 118967 0 8977 0 2880 0 7578 0 166811 0 0 Dale Maxwell President / Director 0 1991910 0 1290957 0 837813 0 377412 0 21466 0 4519558 0 379190 James Noble VP / Director 0 880354 0 426123 0 182619 0 99849 0 29385 0 1618330 0 0 Ryan Burt VP / Director 0 741835 0 374972 0 184312 0 78561 0 24572 0 1404252 0 47339 Timothy Johnsen VP / Director 0 759160 0 345216 0 16113 0 83710 0 26629 0 1230828 0 0 Eric Cornish VP / Director 0 269232 0 44548 0 13808 0 20139 0 20947 0 368674 0 0 Lauren M Cates Director (Effective: 12/8/2023) 0 620125 0 150504 0 81790 0 42107 0 33879 0 928405 0 0 Schedule J, Part I, Line 3 CEO/EXECUTIVE DIRECTOR COMPENSATION PRESBYTERIAN PROPERTIES, INC. (PPI), THE REPORTING ORGANIZATION, DOES NOT HAVE A CEO OR EXECUTIVE DIRECTOR. THEREFORE, NONE OF THESE ITEMS APPLY. ADDITIONALLY, NONE OF THE OFFICERS OF PPI ARE COMPENSATED BY PPI. Schedule J, Part II, Column (C) DEFERRED COMPENSATION DALE MAXWELL IS A PARTICIPANT IN A RETENTION AGREEMENT WITH PRESBYTERIAN HEALTHCARE SERVICES (PHS). IN 2023, $340,005 WAS DEFERRED UNDER THIS AGREEMENT FOR MR. MAXWELL. THIS AMOUNT IS INCLUDED IN THE REPORTED DEFERRED COMPENSATION. ALSO, IN 2023, MR. MAXWELL RECEIVED A VESTED PAYMENT FROM THE RETENTION PLAN OF $379,190. THIS AMOUNT IS REPORTED IN CURRENT COMPENSATION, AS REQUIRED, AND IS ALSO INCLUDED IN COLUMN F OF SCHEDULE J. Schedule J, Part II, Column (C) DEFFERED COMPENSATION RYAN BURT IS A PARTICIPANT IN A RETENTION AGREEMENT WITH PRESBYTERIAN HEALTHCARE SERVICES (PHS). IN 2023, $62,061 WAS DEFERRED UNDER THIS AGREEMENT FOR MR. BURT. THIS AMOUNT IS INCLUDED IN THE REPORTED DEFERRED COMPENSATION. ALSO, IN 2023, MR. BURT RECEIVED A VESTED PAYMENT FROM THE RETENTION PLAN OF $47,339. THIS AMOUNT IS REPORTED IN CURRENT COMPENSATION, AS REQUIRED, AND IS ALSO INCLUDED IN COLUMN F OF SCHEDULE J. Schedule J, Part II, Column (C) DEFERRED COMPENSATION JAMES NOBLE IS A PARTICIPANT IN A RETENTION AGREEMENT WITH PRESBYTERIAN HEALTHCARE SERVICES (PHS). IN 2023, $84,999 WAS DEFERRED UNDER THIS AGREEMENT FOR MR. NOBLE. THIS AMOUNT IS INCLUDED IN THE REPORTED DEFERRED COMPENSATION. Schedule J, Part II, Column (C) DEFERRED COMPENSATION TIMOTHY JOHNSEN IS A PARTICIPANT IN A RETENTION AGREEEMENT. IN 2023, $68,860 WAS DEFERRED UNDER THIS AGREEMENT FOR MR. JOHNSEN BY THE REPORTING ORGANIZATION. THIS AMOUNT IS INCLUDED IN THE REPORTED DEFERRED COMPENSATION AMOUNT. Schedule J, Part III OTHER DONNA GARCIA WAS COMPENSATED AS A CURRENT EMPLOYEE OF A RELATED ENTITY IN 2023. IN ONE OR MORE OF THE FIVE PRIOR YEARS, SHE WAS AN OFFICER OF PPI AND WAS REPORTED AS SUCH. IN 2023, MS. GARCIA WAS NO LONGER AN OFFICER, BUT HER COMPENSATION EXCEEDED THE MINIMUM REQUIREMENT FOR REPORTING AS A FORMER OFFICER AND SHE IS INCLUDED ON FORM 990, PART VII, AND ON SCHEDULE J AS ALSO REQUIRED. Form 990, Part I, Line 1 BRIEF MISSION PRESBYTERIAN PROPERTIES, INC. (PPI) IS A TITLE HOLDING CORPORATION WHICH OWNS REAL ESTATE IN SUPPORT OF THE TAX-EXEMPT MISSION OF PRESBYTERIAN HEALTHCARE SERVICES (PHS), A SECTION 501(C)(3) ORGANIZATION. PRESBYTERIAN EXISTS TO ENSURE ALL OF THE PATIENTS, MEMBERS AND COMMUNITIES WE SERVE CAN ACHIEVE THEIR BEST HEATLH. Form 990, Part VI, Line 6 Classes of members or stockholders PRESBYTERIAN HEALTHCARE SERVICES (PHS), A 501(C)(3) TAX-EXEMPT HEALTH CARE SYSTEM, IS THE SOLE MEMBER OF PRESBYTERIAN PROPERTIES, INC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE MEMBER, PHS, ELECTS ALL MEMBERS OF THE GOVERNING BODY OF THE FILING ORGANIZATION. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body PRESBYTERIAN PROPERTIES, INC. DOES NOT MAINTAIN ANY BOARD COMMITTEES. THEREFORE, THIS QUESTION IS NOT APPLICABLE. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PREPARED BY THE TAX DIRECTOR AND SUBMITTED TO THE CFO AND THE GENERAL COUNSEL OF THE PARENT CORPORATION, PRESBYTERIAN HEALTHCARE SERVICES (PHS) FOR DETAILED REVIEW. AFTER THIS DETAILED REVIEW IS COMPLETED, ANY NECESSARY CORRECTIONS ARE MADE BY THE TAX DIRECTOR BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. THE PHS CFO SERVES AS TREASURER AND THE PHS GENERAL COUNSEL SERVES AS SECRETARY FOR THE FILING ORGANIZATION. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED ANNUALLY. BOARD MEMBERS ARE REQUIRED TO REMOVE THEMSELVES FROM CONFLICTS OR EXCUSE THEMSELVES FROM VOTES THAT MAY LEAVE ANY APPEARANCE OF NON-INDEPENDENCE. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE GOVERNANCE COMMITTEE OF THE PARENT COMPANY AND REVISED IF APPROPRIATE. Form 990, Part VI, Line 19 Required documents available to the public COPIES OF THE MOST RECENT THREE YEARS' FORMS 990 ARE MAINTAINED AT PHS MANAGEMENT LOCATIONS. UPON REQUEST, THESE RETURNS ARE AVAILABLE FOR REVIEW OR PHOTOCOPY BY ANY INDIVIDUAL. IN ADDITION, FORMS 990 ARE ALSO PUBLISHED ON WWW.GUIDESTAR.ORG AND ARE FREELY AVAILABLE IN THIS MANNER. AT THIS TIME, COPIES OF GOVERNING DOCUMENTS ARE NOT AVAILABLE ON THE COMPANY'S WEB SITE. PRESBYTERIAN HEALTHCARE SERVICES PO BOX 26666 ALBUQUERQUE NM 87125 850105601 HEALTHCARE NM 501(c)(3) 3 NA false SOUTHWEST HEALTH FOUNDATION PO BOX 26666 ALBUQUERQUE NM 87125 850289728 SUPPORT NM 501(c)(3) 11 PHS true BERNALILLO COUNTY HEALTH CARE CORPORATION PO BOX 26666 ALBUQUERQUE NM 87125 237329437 AMBULANCE SERVICE NM 501(c)(3) 9 PHS true PRESBYTERIAN HEALTHCARE FOUNDATION PO BOX 26666 ALBUQUERQUE NM 87125 856016041 RAISE FUNDS NM 501(c)(3) 7 PHS true SUMMITONE ENTERPRISES INC PO Box 26666 Albuquerque NM 871256666 922864082 ADMIN SERVICES DE 501(c)(3) 7 NA false