Carmel Richmond Nursing Home Inc
- Assets
- $52.0m
- Revenue
- $47.4m
- Investments
- $0.0
- Employees
- 538
- Location
- Staten Island, NY
- Founding
- 04/1971
- Data as of
- 12/2022
- EIN
- 13-2720248
Organization Overview
Carmel Richmond Nursing Home Inc, operating under the name Carmel Richmond Healthcare And Rehabilitation Center, is located in Staten Island, NY. The organization was established in 1971. 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 12/2022, Carmel Richmond Healthcare And Rehabilitation Center employed 538 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmel Richmond Healthcare And Rehabilitation Center 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 12/2022, Carmel Richmond Healthcare And Rehabilitation Center generated $47.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $48.5m during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LOCATED IN STATEN ISLAND, ARCHCARE AT CARMEL RICHMOND IS A 300-BED SKILLED NURSING AND REHABILITATION FACILITY.CARMEL RICHMOND RESIDENTS RECEIVE CONTINUOUS, AROUND-THE-CLOCK SKILLED NURSING AND MEDICAL CARE. HEALTHCARE NEEDS ARE MET BY A TEAM OF 80 AFFILIATED PHYSICIANS AND MORE THAN 500 NURSES, PROFESSIONALS AND SUPPORT STAFF. SERVICES INCLUDE DENTISTRY, OPHTHALMOLOGY, AUDIOLOGY, SOCIAL SERVICES, PSYCHOLOGY, PODIATRY, NUTRITION THERAPY, AND RECREATION THERAPY.THROUGH ITS STATE-OF-THE-ART REHAB FACILITIES AND HIGHLY SKILLED REHABILITATION THERAPISTS, CARMEL RICHMOND HAS A PROVEN RECORD OF ACHIEVEMENT IN RESTORING RESIDENTS TO THEIR OPTIMAL LEVEL OF INDEPENDENCE. MORE THAN 90% OF THE PEOPLE ADMITTED TO THE CENTER FOR SHORT-TERM, INTENSIVE REHABILITATION RETURN TO THE COMMUNITY WITHIN THEIR TARGETED TIME FRAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE SERVICES AT CARMEL RICHMOND INCLUDE: 24-HOUR SKILLED NURSING SERVICES; SHORT-TERM REHABILITATION SERVICES INCLUDING SPEECH, PHYSICAL AND OCCUPATIONAL THERAPY; CLINICAL AND PHYSICIAN SERVICES INCLUDING CONSULTING PHYSICIANS FOR DENTAL, OPHTHALMOLOGY, AND PODIATRY; LABORATORY SERVICES; RELIGIOUS SERVICES; RECREATION THERAPY; RADIOLOGY SERVICES; NUTRITION SERVICES; IV THERAPY; PAIN MANAGEMENT; HOSPICE, AND FAMILY AND RESIDENT COUNCILS. IN 2022, THE HOME RENDERED 106,956 NURSING HOME DAYS OF CARE TO 1,223 PATIENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis J Serbaroli ESQ Chairman | OfficerTrustee | 0.1 | $0 |
Thomas M O'brien Vice-Chair | OfficerTrustee | 0.1 | $0 |
Dr Tara A Cortes Secretary | OfficerTrustee | 0.1 | $0 |
Thomas E Alberto Board Member | Trustee | 0.1 | $0 |
Steve Bujno Board Member | Trustee | 0.1 | $0 |
John Cahill Board Member | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Catholic Healthcare System Administrative Services | 12/30/22 | $2,208,545 |
Rcm Technologies Staffing Agency | 12/30/22 | $2,054,848 |
Theradynamics Rehab Llc Rehab Services | 12/30/22 | $2,042,453 |
Morrison Community Living Food Services | 12/30/22 | $1,586,519 |
Pharmscript Pharmacy Services | 12/30/22 | $678,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $480,246 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,054 |
| Total Program Service Revenue | $46,548,872 |
| Investment income | $237,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $81,123 |
| Net Gain/Loss on Asset Sales | -$91,482 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,500 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,352,663 |
| 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. | $381,373 |
| Compensation of current officers, directors, key employees. | $381,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,910,064 |
| Pension plan accruals and contributions | $1,490,402 |
| Other employee benefits | $4,564,853 |
| Payroll taxes | $2,284,100 |
| Fees for services: Management | $2,872,863 |
| Fees for services: Legal | $11,502 |
| Fees for services: Accounting | $101,250 |
| Fees for services: Lobbying | $21,640 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,237 |
| Fees for services: Other | $6,880,219 |
| Advertising and promotion | $1,631 |
| Office expenses | $2,931,656 |
| Information technology | $482,944 |
| Royalties | $0 |
| Occupancy | $1,221,684 |
| Travel | $2,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,238,723 |
| Insurance | $1,541,254 |
| All other expenses | $368,980 |
| Total functional expenses | $48,479,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,225,523 |
| Savings and temporary cash investments | $4,674,763 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,389,346 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $419,860 |
| Prepaid expenses and deferred charges | $384,004 |
| Net Land, buildings, and equipment | $11,136,033 |
| Investments—publicly traded securities | $10,305,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,475,632 |
| Total assets | $52,011,154 |
| Accounts payable and accrued expenses | $5,048,830 |
| Grants payable | $0 |
| Deferred revenue | $112,577 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $333,599 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,052,402 |
| Total liabilities | $11,547,408 |
| Net assets without donor restrictions | $40,463,746 |
| Net assets with donor restrictions | $0 |
| 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 | $52,011,154 |