Main Line Realty Corporation
Main Line Realty Corporation reported $24.5 million in revenue and $13.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.00 went to program services, $2.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 56.6% of the total. The highest compensation it reported for one person was $3,302,622 (PRESIDENT/EX-OFFICIO TRUSTEE). Revenue rose 104% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 56.6% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,302,622 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 25.18% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 53.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 1 of 4 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMain Line Realty Corporation's principal purpose is to manage hospital owned medical office buildings that patients can access for outpatient care from physicians on the Main Line hospitals, inc. And riddle memorial hospital campuses. Services provided include asset management and accounting services, as well as managing the expenses incurred to operate the buildings, including utilities, repairs, real estate taxes, liability insurance and other medical office building expenses
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. MAIN LINE REALTY CORPORATION ALSO OWNS 100% OF PAOLI SURGERY CENTER, LLC effective…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/EX-OFFICIO TRUSTEE Director/trustee, officer, 1.0 hrs/week | $0 | $2,611,084 | $691,538 | $3,302,622 |
| EVP & COO Officer, 1.0 hrs/week | $0 | $1,153,412 | $238,470 | $1,391,882 |
| EVP/Treas/TTEE Director/trustee, officer, 1.0 hrs/week | $0 | $913,866 | $216,067 | $1,129,933 |
| SVP, SECRETARY(Until OCT 2024) Officer, 1.0 hrs/week | $0 | $890,361 | $37,268 | $927,629 |
| SVP, GEN COUNSEL/SECRETARY Director/trustee, 1.0 hrs/week | $0 | $414,348 | $101,748 | $516,096 |
| FORMER EVP, TREASURER AND TTEE Former, 0.0 hrs/week | $0 | $170,703 | $8,535 | $179,238 |
| ASSISTANT SECRETARY Officer, 1.0 hrs/week | $0 | $137,713 | $29,043 | $166,756 |
0 people received more than $100,000 in reportable compensation from Main Line Realty Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 1 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 61
Correct a figure or respond
Every number above is copied from Main Line Realty Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Main Line Realty Corporation, you can publish a response that is linked from this page.
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Of every $100 Main Line Realty Corporation spent in FY2025, $98.00 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Main Line Realty Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, Main Line Realty Corporation reported that 98.0% of its $13.1 million in expenses went to program services, 2.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Main Line Realty Corporation pay its top executive?
The largest total compensation Main Line Realty Corporation reported for one person in the fiscal year ending June 30, 2025 was $3,302,622, for the role of PRESIDENT/EX-OFFICIO TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Main Line Realty Corporation get its money?
Of $24.5 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 56.6% from program service revenue (Form 990, Part VIII).
Is Main Line Realty Corporation a registered charity?
The IRS lists EIN 22-2440273 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349305727 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349309863 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349311102 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022 (amended), object 202302909349301000 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221349349302432 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349305352 · read the filing
All filings for EIN 22-2440273: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.