Chapin Home For The Aging

Organization Overview

Chapin Home For The Aging is located in Queens, NY. The organization was established in 1936. 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, Chapin Home For The Aging employed 192 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chapin Home For The Aging 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, Chapin Home For The Aging generated $15.8m 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 (4.3%) each year. All expenses for the organization totaled $21.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SINCE 1869, THE MISSION OF THE ORGANIZATION HAS BEEN TO CARE FOR THE FRAIL AND ELDERLY. THE ORGANIZATION EXECUTES ITS MISSION THROUGH THE OPERATION OF A 220-BED SKILLED NURSING FACILITY AND A 50-REGISTRANT MEDICAL MODEL ADULT DAY HEALTHCARE CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 1869 CHAPIN HOME FOR THE AGING HAS DELIVERED LONG-TERM NURSING AND CUSTODIAL CARE IN A RESIDENTIAL SETTING TO THE FRAIL ELDERLY. LONG BEFORE THE NURSING HOME MODEL WAS DEVELOPED, CHAPIN HOME OPERATED AND FUNCTIONED AS ONE. THROUGHOUT ITS HISTORY, CHAPIN HAS RESPONDED TO AND CONFIRMED WITH A NUMBER OF CHALLENGES AND REGULATORY REQUIREMENTS. THE COVID-19 PANDEMIC PLACED CHAPIN HOME RESIDENTS AT SIGNIFICANT RISK DUE TO THEIR ELDERLY STATE AND FRAIL CONDITION. THE PANDEMIC'S INITIAL US OUTBREAK WAS MOST SEVERE IN NEW YORK CITY AND WAS MOST CONCENTRATED IN THE IMMEDIATE AREA WHERE CHAPIN HOME IS LOCATED. WITH CHAPIN'S RESIDENTS THE MOST VULNERABLE OF TARGETS, THE DEVASTATING EFFECTS OF THE PANDEMIC ARE REFLECTED IN THE LOW OCCUPANCY LEVELS ASSOCIATED WITH THE DECLINING DAILY CENSUS, BEGINNING IN MARCH OF 2020. WHILE THE FACILITY CONTINUED TO MAINTAIN ITS 220 CERTIFIED BED CAPACITY, THE AVERAGE DAILY CENSUS FOR 2021 WAS ONLY 125. THE GOVERNING BOARD OF TRUSTEES REMAINS COMMITTED TO THE ORGANIZATION'S LONG-STANDING MISSION AND IS CURRENTLY ENGAGED IN SEVERAL ENDEAVORS TO EVALUATE THE CURRENT HEALTHCARE NEEDS OF THE ELDERLY AND FRAIL POPULATION TO DEVELOPE SOLUTIONS THAT WILL SECURE CHAPIN'S FUTURE SUCCESS IN FULFILLING ITS MISSION. DURING 2021, THERE WERE 135 ADMISSIONS, 124 DISCHARGES, INCLUDING DEATHS. THERE WERE 45,764 RESIDENT DAYS IN 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Health Care Services Group
Cleaning And Housekeeping
$1,273,014
Rehab Alternatives Pllc
Staffing Agency Nurses
$990,378
Hct Llc
Staffing Agency Nurses
$430,862
Northwell Health
Laboratory Services
$442,342
White Glove Placement Agency
Temporary Staff Rn
$282,352
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$6,034
Government grants $816,699
All other contributions, gifts, grants, and similar amounts not included above$6,320
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$829,053
Total Program Service Revenue$14,096,826
Investment income $873,116
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 $15,799,720

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Chapin Home For The Aging has recieved totaling $25,600.

Awarding OrganizationAmount
Foundation For Long Term Care Inc

Latham, NY

PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE

$25,600
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$61,394
Earnings$6
Ending Balance$61,400

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