Hebrew Home For The Aged
- Assets
- $191.9m
- Revenue
- $117.7m
- Investments
- $23.0m
- Employees
- 916
- Location
- Bronx, NY
- Founding
- 11/1937
- Data as of
- 12/2021
- EIN
- 13-1739971
Organization Overview
Hebrew Home For The Aged, operating under the name Hebrew Home at Riverdale, is located in Bronx, NY. The organization was established in 1937. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 12/2021, Hebrew Home at Riverdale employed 916 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew Home at Riverdale 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, Hebrew Home at Riverdale generated $117.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $113.5m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE LONG TERM RESIDENTIAL HEALTHCARE, SHORT TERM REHAB, ASSISTED LIVING, AND ALZHEIMER'S CARE FOR OLDER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEBREW HOME OPERATES A NURSING AND REHABILITATION CARE CENTER FOR 843 ELDERLY RESIDENTS. THE HOME PROVIDED 204,910 BED DAYS OF NURSING FACILITY CARE FOR THE YEAR ENDED 12/31/21.
CERTIFIED HOME HEALTH AGENCY WHICH HAD 37,751 VISITS FOR 2021.
THE HOME'S ASSISTED LIVING PROGRAM PROVIDES ITS 35 RESIDENTS WITH COMFORTABLE APARTMENTS ALONG WITH CLINICAL AND SUPPORT SERVICES TO MAINTAIN THEIR HIGHEST LEVEL OF INDEPENDENCE ON ITS 32 ACRE CAMPUS. THE APARTMENTS, DECORATED WITH DESIGNER FURNISHINGS, OFFER AN ARRAY OF DAILY SERVICES AND AMENITIES TO HELP RESIDENTS WITH THE ASSISTANCE THEY MAY NEED. THESE INCLUDE: NURSING AND MEDICAL SERVICES, SOCIAL, RECREATIONAL AND CULTURAL ACTIVITIES, DAILY SERVICE OF THREE KOSHER MEALS, AS WELL AS PERSONAL CARE SERVICES TO ASSIST WITH DRESSING, BATHING AND GROOMING, HOUSEKEEPING AND LAUNDRY SERVICES ROUND OUT A HOME-LIKE LIVING EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary J Palace Medical Director | 35 | $331,484 | |
Mojdeh Rutigliano VP - Nursing Services | 35 | $239,976 | |
Yelena Pertsovsky Physician | 35 | $228,039 | |
Gabriel Aluze-Ele Registered Nurse | 35 | $218,735 | |
Diya D Varghese Nurse Practitioner | 35 | $218,444 | |
Jeffrey S Maurer Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1199 National Benefit Fund Labor Management | 12/30/21 | $6,591,226 |
Affinity Rehabilitation Llp Rehabilitation | 12/30/21 | $6,310,005 |
Nexdine Food Services | 12/30/21 | $5,335,885 |
Quest Diagnostics Medical Supplier | 12/30/21 | $4,950,115 |
The Bank Of New York Mellon Mortgages | 12/30/21 | $4,184,861 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,710,770 |
| Government grants | $14,097,969 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,281,641 |
| Noncash contributions included in lines 1a–1f | $144,348 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,090,380 |
| Total Program Service Revenue | $85,047,926 |
| Investment income | $254,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,366,105 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $117,684,279 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,171,221 |
| Pension plan accruals and contributions | $4,909,502 |
| Other employee benefits | $11,874,340 |
| Payroll taxes | $2,104,264 |
| Fees for services: Management | $3,874,008 |
| Fees for services: Legal | $266,388 |
| Fees for services: Accounting | $433,542 |
| Fees for services: Lobbying | $55,383 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $125,031 |
| Fees for services: Other | $21,140,700 |
| Advertising and promotion | $32,929 |
| Office expenses | $7,514,737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,325,715 |
| Travel | $59,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,556 |
| Interest | $623,012 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,079,122 |
| Insurance | $996,725 |
| All other expenses | $0 |
| Total functional expenses | $113,477,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,432,094 |
| Savings and temporary cash investments | $875,363 |
| Pledges and grants receivable | $12,302,633 |
| Accounts receivable, net | $18,317,273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,113,505 |
| Prepaid expenses and deferred charges | $4,086,798 |
| Net Land, buildings, and equipment | $98,891,047 |
| Investments—publicly traded securities | $5,306,292 |
| Investments—other securities | $23,008,064 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,592,299 |
| Total assets | $191,925,368 |
| Accounts payable and accrued expenses | $29,390,743 |
| Grants payable | $0 |
| Deferred revenue | $267,711 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $632,407 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $49,522,866 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,199,619 |
| Total liabilities | $117,013,346 |
| Net assets without donor restrictions | $59,276,953 |
| Net assets with donor restrictions | $15,635,069 |
| 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 | $191,925,368 |
Grants Awarded
Over the last fiscal year, Hebrew Home For The Aged has awarded $1,269,615 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bronx, NY PURPOSE: TRANSFER OF GIFTS TO THE FOUNDATION. | $1,197,987 |
Riverdale, NY PURPOSE: TO FUND EXPENSES | $71,628 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Hebrew Home For The Aged has recieved totaling $9,231,336.
| Awarding Organization | Amount |
|---|---|
Hebrew Home For The Aged Atriverdale Foundation Inc Bronx, NY PURPOSE: support operations | $8,921,570 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $140,180 |
United Hospital Fund Of New York New York, NY PURPOSE: ADDRESSING THE PROBLEM OF POLYPHARMACY & REDUCING POTENTIAL HARMS AMONG LONG-STAY RESIDENTS | $40,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $36,486 |
Monique Weil-Caulier Tr New York, NY PURPOSE: MEDICAL RESEARCH | $35,000 |
Foundation For Long Term Care Inc Latham, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Endowment Analysis
| Beg. Balance | $14,063,219 |
| Earnings | $2,024,843 |
| Net Contributions | $509,195 |
| Other Expense | $340,988 |
| Ending Balance | $16,256,269 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sun Coast Nursing Centers Inc Bala Cynwyd, PA | $71,510,985 | $236,264,596 |
Lahey Health Shared Services Inc Burlington, MA | $74,834,063 | $187,470,009 |
Hebrew Home For The Aged Bronx, NY | $191,925,368 | $117,684,279 |
Cabrini Of Westchester Dobbs Ferry, NY | $59,456,923 | $49,540,780 |
Ur Medicine Home Care Certified Services Inc Webster, NY | $29,553,861 | $44,132,276 |
Southcoast Visiting Nurse Association Inc Fairhaven, MA | $31,363,788 | $42,652,973 |
Family Home Care Services Of Brooklyn And Queens Inc Brooklyn, NY | $8,573,654 | $32,118,330 |
Visiting Nurse Association Of Ridgefield Inc Ridgefield, CT | $35,571,707 | $33,018,283 |
Pleasant Ridge Manor Girard, PA | $29,671,051 | $28,698,546 |
Visiting Nurse Association Of Central Jersey Inc Holmdel, NJ | $38,964,092 | $20,229,825 |
Simpson House Inc Bala Cynwyd, PA | $50,765,802 | $15,563,044 |
Board Of Directors Of The Rouse Estate Youngsville, PA | $19,678,572 | $19,377,507 |