Health Care
Main Line Realty Corporation
RADNOR, PA
Total revenue
$15.9M
Total expenses
$7.3M
Net assets
$59.7M
Grants received
—
EIN
222440273
Tax year
2023
Mission
Invest and manage real estate property for the benefit of the main line health system and to assist and support main line health system with these functions.
Programs
2 programs
Main line realty corporation has purchased partnership interest in bmhr associates. Specifically, main line realty corporation has an 86.28% partnership interest in bmhr associates. Main line realty corporation incurs and pays lease expenses on its pro rata share of ownership as well as related building costs associated with the operation of this medical office building.
Main line realty corporation owns a 51% interest in main line health imaging lp, an organization that provides magnetic resonance imaging and pet ct services at the main line health hospitals, as well as various outpatient health centers. Main line realty corporation also owns 100% of main line health wellness, llc. Which caters to the diverse needs of a deconditioned or medically compromised population, as well as those members of the community who are focused on maintaining and improving their health. Other joint ventures include: paoli surgery center, lp and rmh health care center associates, lp.
Financials
FY 2023
Revenue
Expenses
People
6 listed
JOHN J LYNCH III
PRESIDENT/EX-OFFICIO TRUSTEE
—
1 hrs/wk
MICHAEL J BUONGIORNO
EVP/TREAS/TTEE(Until Dec 2023)
—
1 hrs/wk
BRIAN T CORBETT ESQ
SVP, GEN COUNSEL/SECRETARY
—
1 hrs/wk
EILEEN CARR
ASSISTANT SECRETARY
—
1 hrs/wk
Leigh Ehrlich
EVP/Treas/TTEE(Start Dec 2023)
—
1 hrs/wk
STEVEN HIGGINS
CHAIRMAN/TRUSTEE
—
1 hrs/wk
Independent contractors
NONE