Village Center For Care
- Assets
- $99.9m
- Revenue
- $32.3m
- Investments
- $0.0
- Employees
- 174
- Location
- New York, NY
- Founding
- 02/1978
- Data as of
- 12/2021
- EIN
- 13-2911059
Organization Overview
Village Center For Care is located in New York, NY. The organization was established in 1978. 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, Village Center For Care employed 174 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Center For Care 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, Village Center For Care generated $32.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $23.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 7 years. 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
THE CENTER IS FUNDED PRIMARILY BY PATIENT SERVICES FEES PAID BY MEDICAID, MEDICARE, AND PRIVATE PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLED NURSING FACILITY - PROVIDED 31,738 DAYS OF QUALITY CARE AND REHABILITATION SERVICES TO 1,190 PATIENTS IN A REHABILITATION AND NURSING FACILITY IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Velma Haye Director Of Nursing | 37.5 | $231,893 | |
Michael Schrieber Administrator | Officer | 37.5 | $163,461 |
Neil Rubin Director Of Admissions | 37.5 | $159,807 | |
Pamela Villavicencio Director Of Assessment & Clini | 37.5 | $153,191 | |
Alfredo O Tadatada Assistant Director Of Nursing | 37.5 | $150,195 | |
Jennifer Pugliese Avp Of Corporate Quality Mgmt | 37.5 | $145,265 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Theradynamics Physical Rehab Pc Therapy Services | 12/30/21 | $1,828,672 |
Li Script Llc Lab Services | 12/30/21 | $748,549 |
Sunil Gudhka Dba Uniform States Of Ppe Supplies | 12/30/21 | $420,718 |
Houston Medical Consulting Pc Physican/nurse | 12/30/21 | $217,830 |
Cassena Care Llc Consulting & Support | 12/30/21 | $320,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,682,039 |
| All other contributions, gifts, grants, and similar amounts not included above | $663,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,345,291 |
| Total Program Service Revenue | $22,487,953 |
| Investment income | $484,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,022,677 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,339,993 |
| 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. | $163,461 |
| Compensation of current officers, directors, key employees. | $163,461 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,695,486 |
| Pension plan accruals and contributions | $719,863 |
| Other employee benefits | $1,554,769 |
| Payroll taxes | $695,464 |
| Fees for services: Management | $100,000 |
| Fees for services: Legal | $147,930 |
| Fees for services: Accounting | $79,665 |
| Fees for services: Lobbying | $2,778 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $385,167 |
| Fees for services: Other | $5,754,580 |
| Advertising and promotion | $57,351 |
| Office expenses | $1,418,495 |
| Information technology | $97,256 |
| Royalties | $0 |
| Occupancy | $955,864 |
| Travel | $4,552 |
| 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 | $0 |
| Insurance | $276,876 |
| All other expenses | $0 |
| Total functional expenses | $23,172,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,440,546 |
| Savings and temporary cash investments | $265,659 |
| Pledges and grants receivable | $1,450,540 |
| Accounts receivable, net | $4,184,313 |
| 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 | $889,206 |
| Net Land, buildings, and equipment | $25,091,155 |
| Investments—publicly traded securities | $53,642,217 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,975,000 |
| Total assets | $99,938,636 |
| Accounts payable and accrued expenses | $3,594,462 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $12,015,000 |
| Escrow or custodial account liability | $10,219 |
| 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 | $3,247,424 |
| Total liabilities | $18,867,105 |
| Net assets without donor restrictions | $81,071,531 |
| 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 | $99,938,636 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Village Center For Care has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Morris Hall St Lawrence Inc Lawrenceville, NJ | $55,795,819 | $48,236,558 |
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 |
Madlyn And Leonard Abramson Center For Jewish Life Blue Bell, PA | $70,280,035 | $47,324,338 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
The Northeast Health Group Inc Bala Cynwyd, PA | $20,717,577 | $41,701,178 |
Phoebe Home Inc Allentown, PA | $44,042,871 | $37,033,122 |
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 |