Capital Region Geriatric Center Inc
- Assets
- $43.3m
- Revenue
- $21.1m
- Investments
- $10.6m
- Employees
- 350
- Location
- Cohoes, NY
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 14-1701597
Organization Overview
Capital Region Geriatric Center Inc, operating under the name Eddy Village Green, is located in Cohoes, NY. The organization was established in 1988. 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, Eddy Village Green employed 350 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eddy Village Green 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, Eddy Village Green generated $21.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $23.7m during the year ending 12/2022. 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
TO PROVIDE LONG-TERM CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL REGION GERIATRIC CENTER, WHICH DOES BUSINESS AS EDDY VILLAGE GREEN, IS A SKILLED NURSING CENTER LOCATED IN COHOES, NEW YORK, JUST OUTSIDE OF ALBANY. THE CENTER OFFERS 16 12-UNIT SKILLED NURSING RESIDENCES DESIGNED TO ELIMINATE THE CONVENTIONAL, INSTITUTIONAL FEEL OF TRADITIONAL NURSING FACILITIES AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS WITH LESS DEPRESSION AND GREATER DIGNITY, PRIVACY, MEANINGFUL ACTIVITY, AND RELATIONSHIPS. PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION:WWW.SPHP.COM/EDDY-VILLAGE-GREEN-AT-COHOES-CC
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 |
|---|---|---|---|
Daniel Isacksen Dir At 10/22; Trinity Health CFO | Trustee | 0.2 | $0 |
James Reed MD Director; President & CEO | OfficerTrustee | 1 | $0 |
Thomas Robert VP & Cfo, New York Region | Officer | 1 | $0 |
Dawn Geisert Dir Thr 9/22; Th Chf Compliance Off | Trustee | 0.2 | $0 |
Kim Baker Fmr Officer; Sphp SVP Hospital Ops | 0 | $0 | |
Michelle Mazzacco Evp, Continuing Care | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hallmark Health Care Solutions Inc Temporary Medical Staffing Services | 12/30/22 | $940,944 |
Select Rehabilitation Inc Management & Therapy Services | 12/30/22 | $557,417 |
Unidine Corporation Management Of Dining Services | 12/30/22 | $401,319 |
Community Care Physicians Pllc Physician Medical Services | 12/30/22 | $134,571 |
Omnicare Of Ballston Spa Pharmacy Services | 12/30/22 | $112,981 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,793 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,295 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,088 |
| Total Program Service Revenue | $20,531,261 |
| Investment income | $509,582 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$65,912 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,075,833 |
| 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 | $10,955,801 |
| Pension plan accruals and contributions | $516,285 |
| Other employee benefits | $1,015,522 |
| Payroll taxes | $822,009 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,784 |
| Fees for services: Other | $2,290,411 |
| Advertising and promotion | $29,954 |
| Office expenses | $279,825 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,129,375 |
| Travel | $1,321 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,384 |
| Interest | $640,581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,806,264 |
| Insurance | $132,859 |
| All other expenses | $45,753 |
| Total functional expenses | $23,678,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,513 |
| Savings and temporary cash investments | $644,565 |
| Pledges and grants receivable | $27,855 |
| Accounts receivable, net | $1,085,481 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,492 |
| Prepaid expenses and deferred charges | $67,635 |
| Net Land, buildings, and equipment | $16,820,519 |
| Investments—publicly traded securities | $11,930,435 |
| Investments—other securities | $10,579,820 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,080,560 |
| Total assets | $43,284,875 |
| Accounts payable and accrued expenses | $2,620,219 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $25,738 |
| 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 | $17,429,393 |
| Total liabilities | $20,075,350 |
| Net assets without donor restrictions | $21,391,235 |
| Net assets with donor restrictions | $1,818,290 |
| 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 | $43,284,875 |