Sherrill House Inc
- Assets
- $30.8m
- Revenue
- $21.4m
- Investments
- $0.0
- Employees
- 295
- Location
- Boston, MA
- Founding
- 10/1942
- Data as of
- 12/2021
- EIN
- 04-2104321
Organization Overview
Sherrill House Inc is located in Boston, MA. The organization was established in 1942. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Sherrill House Inc employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherrill House Inc 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 12/2021, Sherrill House Inc generated $21.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $24.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HIGH QUALITY MEDICAL, NURSING, AND REHABILITATION SERVICES ON AN IN-PATIENT BASIS TO MEN AND WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHERRILL HOUSE IS A NONPROFIT CORPORATION THAT OWNS AND OPERATES A 196-BED SKILLED NURSING FACILITY LOCATED IN JAMAICA PLAIN, MASSACHUSETTS. EFFECTIVE SEPTEMBER 1, 2011, EIGHT LICENSED BEDS WERE TAKEN OUT OF SERVICE. SHERRILL HOUSE HAS ESTABLISHED A REFERRAL SYSTEM WITH OTHER HEALTH CARE FACILITIES IN THE AREA TO ENSURE COMPLETE HEALTH SERVICES AT ALL LEVELS. IT OFFERS LOCAL PHYSICIANS AND HOUSE STAFF A SETTING IN WHICH TO RENDER THE BEST SKILLED CARE ON A SHORT-TERM OR LONG-TERM BASIS. IN ITS CONCERN FOR THE INDIVIDUAL, SHERRILL HOUSE AIMS TO BE AS BROAD AND DIVERSE AS THE NEEDS OF THOSE IT SERVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Stapleton CEO | Officer | 40 | $288,957 |
Ivy Leung Rn - Staff Nurse | 92 | $251,476 | |
Beatrice Awuor Rn - Staff Nurse | 74 | $202,043 | |
Chantal Loiseau Rn - Resident Care Manager | 58 | $197,513 | |
Olympia Celis Rn - Staff Nurse | 74 | $191,758 | |
Marc Schultz CFO | Officer | 40 | $190,512 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beth Israel Deaconess Covid Testing | 12/30/21 | $334,310 |
Cliftonlarsonallen Llp Audit & Tax Services | 12/30/21 | $100,649 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,356,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $751,582 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,108,332 |
| Total Program Service Revenue | $17,910,936 |
| Investment income | $171,607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $163,475 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,438,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $512,042 |
| Compensation of current officers, directors, key employees. | $512,042 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,934,060 |
| Pension plan accruals and contributions | $66,154 |
| Other employee benefits | $1,713,029 |
| Payroll taxes | $931,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $177,006 |
| Fees for services: Accounting | $51,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,969 |
| Fees for services: Other | $836,674 |
| Advertising and promotion | $100,590 |
| Office expenses | $542,548 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $511,668 |
| Travel | $28,536 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $342,763 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,591,750 |
| Insurance | $200,537 |
| All other expenses | $236,887 |
| Total functional expenses | $24,469,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,733 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25,154 |
| Accounts receivable, net | $2,061,288 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $60,817 |
| Net Land, buildings, and equipment | $14,413,093 |
| Investments—publicly traded securities | $12,923,644 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $875,171 |
| Total assets | $30,843,900 |
| Accounts payable and accrued expenses | $5,213,882 |
| Grants payable | $0 |
| Deferred revenue | $85,992 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,446,479 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $163,565 |
| Total liabilities | $14,909,918 |
| Net assets without donor restrictions | $13,632,169 |
| Net assets with donor restrictions | $2,301,813 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $30,843,900 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Sherrill House Inc has recieved totaling $87,550.
| Awarding Organization | Amount |
|---|---|
G Gorham Peters Trust Uw Boston, MA PURPOSE: UNRESTRICTED | $35,000 |
Warren Alpert Foundation Providence, RI PURPOSE: DONATION | $25,000 |
Cedar Street Foundation Boston, MA PURPOSE: UNRESTRICTED SUPPORT | $10,000 |
Beatrice P Delaney Char Fdn Chicago, IL PURPOSE: GENERAL | $10,000 |
Comerica Charitable Tr Detroit, MI PURPOSE: FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $7,000 |
Grossman Fam Charitable Foundation Tr Boston, MA PURPOSE: OPERATIONS BUDGET ASSISTANCE | $300 |
Endowment Analysis
| Beg. Balance | $2,066,954 |
| Earnings | $224,420 |
| Net Contributions | $166,793 |
| Other Expense | $156,354 |
| Ending Balance | $2,301,813 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
New England Deaconess Association Concord, MA | $168,661,233 | $42,765,861 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |
United Odd Fellow And Rebekah Home Bronx, NY | $62,645,372 | $41,096,050 |
Ferncliff Nursing Home Company Inc Rhinebeck, NY | $23,442,589 | $38,117,632 |
Jamaica Hospital Nursing Home Inc Jamaica, NY | $42,982,074 | $34,835,286 |
Kendal On Hudson Sleepy Hollow, NY | $201,830,109 | $36,128,421 |