Senior Isle Inn Inc
- Assets
- $1.2m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 60
- Location
- New York, NY
- Founding
- 03/2001
- Data as of
- 06/2021
- EIN
- 13-4052538
Organization Overview
Senior Isle Inn Inc is located in New York, NY. The organization was established in 2001. 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. As of 06/2021, Senior Isle Inn Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Senior Isle Inn 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 06/2021, Senior Isle Inn Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 6 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
AN INDEPENDENT SENIOR LIVING FACILITY THAT PROVIDES LODGING, RECREATIONAL AND HEALTH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR ISLES INN ("SII") OPERATES ONE SENIOR RESIDENCE, CALLED ISLAND SHORES SENIOR RESIDENCES ("ISLAND SHORES"), THAT PROVIDE AN INDEPENDENT-LIVING RESIDENCE AND OTHER SUPPORTING SERVICES, INCLUDING MEALS, HOUSEKEEPING, AND VARIOUS RECREATIONAL AND EDUCATIONAL AMENITIES. AS NECESSARY, SII ALSO ASSISTS RESIDENTS IN OBTAINING EASILY ACCESSIBLE MEDICAL AND PHARMACEUTICAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kalmus Treasurer | OfficerTrustee | 2 | $0 |
Leonard Stern Chairman (thru 02/2021) | OfficerTrustee | 2 | $0 |
Steven Cohen Secretary | OfficerTrustee | 2 | $0 |
David Webb Chairman (as Of 02/2021) | OfficerTrustee | 2 | $0 |
Rabiya Akhtar CFO (thru 01/2021) | Officer | 2 | $0 |
Ralph Nunez President & CEO (thru 02/2021) | Officer | 38 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ambassador Food Services Corp Food Services | 6/29/20 | $1,416,887 |
Spectrum Reach Advertising | 6/29/20 | $216,691 |
Ambassador Food Services Corp Food Services | 6/29/20 | $1,416,887 |
Spectrum Reach Advertising | 6/29/20 | $216,691 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,077,376 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $643 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,078,019 |
| Total Program Service Revenue | $2,263,639 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,342,075 |
| 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 | $851,389 |
| Pension plan accruals and contributions | $36,412 |
| Other employee benefits | $83,055 |
| Payroll taxes | $65,259 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,614 |
| Fees for services: Accounting | $33,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,435 |
| Advertising and promotion | $25,700 |
| Office expenses | $655,057 |
| Information technology | $39,023 |
| Royalties | $0 |
| Occupancy | $388,701 |
| Travel | $4,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $363,628 |
| Insurance | $162,423 |
| All other expenses | $0 |
| Total functional expenses | $3,450,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,109 |
| Savings and temporary cash investments | $2,414 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,217 |
| 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 | $13,995 |
| Net Land, buildings, and equipment | $824,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,235,207 |
| Accounts payable and accrued expenses | $124,289 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $963,847 |
| Total liabilities | $1,088,136 |
| Net assets without donor restrictions | $147,071 |
| 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 | $1,235,207 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Senior Isle Inn Inc has recieved totaling $1,077,376.
| Awarding Organization | Amount |
|---|---|
Homes For The Homeless Institute Inc New York, NY PURPOSE: FOR FACILITIES AND PROGRAM OPERATIONS | $1,077,376 |
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 |