Wartburg Senior Housing Inc
- Assets
- $20.4m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Vernon, NY
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 13-4043128
Organization Overview
Wartburg Senior Housing Inc, operating under the name Meadowview At The Wartburg, is located in Mt Vernon, NY. The organization was established in 1999. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadowview At The Wartburg 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, Meadowview At The Wartburg generated $8.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $7.6m 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
TO PROVIDE ASSISTED LIVING TO THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WARTBURG SENIOR HOUSING INCLUDES A 88 UNIT ASSISTED LIVING FACILITY FOR ELDERLY INDIVIDUALS AND A 15 BED MEMORY CARE CENTER. THE ASSISTED LIVING FACILITY INCLUDES PROGRAMS FOR SOCIAL AND RECREATIONAL SERVICES ALONG WITH RESTAURANT-STYLE MEALS. THE MEMORY CARE CENTER IS WHERE RESIDENTS WITH MODERATE DEMENTIA / ALZHEIMER'S CAN LIVE PRODUCTIVELY AND SAFELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Amandus Derr Chair Emeritus | OfficerTrustee | 0.5 | $0 |
Robert Ranieri Chair | OfficerTrustee | 0.5 | $0 |
Michael Holden Vice Chair | OfficerTrustee | 0.5 | $0 |
Floyd V Myers Vice Chair | OfficerTrustee | 0.5 | $0 |
Thomas A Roth Secretary | OfficerTrustee | 0.5 | $0 |
David J Gentner President | Officer | 6.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Management Specialist Food Services Distributor | 12/30/16 | $606,669 |
Dgc Capital Contracting Corp General Contractors | 12/30/16 | $375,796 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $216,072 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $266,072 |
| Total Program Service Revenue | $8,000,072 |
| Investment income | $1,595 |
| Tax Exempt Bond Proceeds | $207 |
| Royalties | $0 |
| Net Rental Income | $38,985 |
| Net Gain/Loss on Asset Sales | $8,639 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,326,549 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $13,992 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $269,781 |
| Advertising and promotion | $0 |
| Office expenses | $194,233 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $204,476 |
| Travel | $3,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $548 |
| Interest | $411,145 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $686,858 |
| Insurance | $0 |
| All other expenses | $38,087 |
| Total functional expenses | $7,561,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,750 |
| Savings and temporary cash investments | $2,153,980 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $211,966 |
| 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 | $1,500 |
| Net Land, buildings, and equipment | $9,576,631 |
| Investments—publicly traded securities | $715,141 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,780,097 |
| Total assets | $20,441,065 |
| Accounts payable and accrued expenses | $809,684 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $7,524,321 |
| Escrow or custodial account liability | $571,145 |
| 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 | $1,813,169 |
| Total liabilities | $10,718,319 |
| Net assets without donor restrictions | $9,722,746 |
| 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 | $20,441,065 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wartburg Senior Housing Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Wartburg Home Foundation Inc Mount Vernon, NY PURPOSE: FOR SUPPORT OF ELDERLY IN SENIOR HOUSING THAT NO LONGER HAVE FUNDS TO PAY. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Moravian Village Of Bethlehem Bethlehem, PA | $74,343,954 | $19,911,429 |
Community Healthcare Realty Inc Toms River, NJ | $8,596,047 | $19,288,515 |
Sarah A Reed Home Erie, PA | $16,706,184 | $19,190,049 |
Colgate Palmolive Post Retirement Veba Tr New York, NY | $1,964,886 | $6,599,849 |
Williamsport Home Williamsport, PA | $21,816,206 | $17,908,824 |
Orchard Park Ccrc Inc Orchard Park, NY | $79,217,375 | $18,334,727 |
Christopher House Inc Worcester, MA | $11,659,464 | $17,133,392 |
Seniorcare Montchanin Inc Hamilton, NJ | $10,084,234 | $15,044,151 |
Firemens Association Of The State Of New York Albany, NY | $46,544,668 | $18,019,275 |
Ascentria Care Alliance Inc West Brookfield, MA | $28,862,438 | $18,232,969 |
Holy Family Senior Living Bethlehem, PA | $8,945,725 | $16,667,938 |
Pitman Manor Inc Neptune, NJ | $6,381,281 | $14,956,021 |