Newcourtland Elder Service

Organization Overview

Newcourtland Elder Service is located in Philadelphia, PA. The organization was established in 1997. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2021, Newcourtland Elder Service employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newcourtland Elder Service is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Newcourtland Elder Service generated $7.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $11.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION IS ORGANIZED AND OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSE OF THE PRESBYTERIAN FOUNDATION FOR PHILADELPHIA (FID#22-2524368), A PENNSYLVANIA NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3)OF THE CODE. THE CORPORATION'S PRIMARY PURPOSE IS TO CARRY OUT THE PURPOSES OF THE FOUNDATION WHICH ARE DEDICATED TO DIRECTLY OR INDIRECTLY PROVIDING FOR THE NEEDS OF PERSONS WHO ARE SICK, DISABLED, AGED OR DISADVANTAGED, REGARDLESS OF THEIR RACE, COLOR OR CREED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES MANAGEMENT, ADMINISTRATIVE AND FINANCIAL SERVICES TO ORGANIZATIONS THAT CARE FOR THE ELDERLY, HOMELESS AND VETERANS THROUGH A NURSING HOME, ASSISTED AND INDEPENDENT LIVING FACILITIES, SKILLED NURSING CARE AND OTHER ELDER CARE ORGANIZATIONS. AS OF JUNE 30, 2021 NEWCOURTLAND IS THE SUPPORTING ORGANIZATION FOR 18 AFFILIATES THAT PROVIDE SERVICES AND HOUSING TO THE ELDERLY IN PHILADELPHIA.


NEWCOURTLAND ISSUED A GRANT PAYABLE TO HOLY FAMILY UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Duffey
Chairman Of The Board
$307,032
Michael Demarco
CFO
$238,547
Robert Kent
VP Operations & Plans
$219,929
Paul Funaro
VP Utilization Management
$191,587
Kevin Stewart
Director Of It
$149,696
Dr Mary Schuler
Medical Director
$137,615

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Zenith Insurance Company
Workers Compensation
$303,549
O'dell Studner Group
Insurance Broker
$1,609,575
Veritas Health Systems Inc
Executive Management
$240,000
Logo Concepts Llc Marcia G Nozik
Provider Of Personal Protection Equipment
$128,295
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,649,950
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$731,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,381,200
Total Program Service Revenue$1,382,698
Investment income $1,006,625
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,986,931
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,770,253

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