St Anns Home For The Aged
- Assets
- $128.3m
- Revenue
- $56.4m
- Investments
- $2.9m
- Employees
- 1,488
- Location
- Rochester, NY
- Founding
- 11/1978
- Data as of
- 12/2021
- EIN
- 16-0743146
Organization Overview
St Anns Home For The Aged is located in Rochester, 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, St Anns Home For The Aged employed 1,488 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Anns Home For The Aged 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, St Anns Home For The Aged generated $56.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $62.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE INDEPENDENCE, PHYSICAL & SPIRITUAL WELL-BEING OF OLDER ADULTS IN A SKILLED NURSING FACILITY.
Describe the Organization's Program Activity:
ST. ANN'S HOME FOR THE AGED (ST. ANN'S HOME) IS A 470 BED LICENSED SKILLED NURSING FACILITY THAT INCLUDED THESE SERVICES DURING THE 2021 FISCAL YEAR: SKILLED NURSING CARE PROVIDED A TOTAL OF 106,535 DAYS OF CARE. INCLUDED IN THESE NUMBERS ARE BED DAYS FOR OUR WEGMAN TRANSITIONAL CARE CENTER, THAT PROVIDES 72 BEDS OF SKILLED NURSING CARE, OUR SPECIAL CARE UNIT, A 36-BED UNIT DEDICATED TO THE CARE FOR THOSE LIVING WITH DEMENTIA, AS WELL AS A 34-BED TRANSITIONAL CARE UNIT DEDICATED TO PROVIDING SHORT TERM POST-ACUTE REHABILITATION. OUR TRANSITIONAL CARE CENTER PROGRAM PROVIDED A TOTAL OF 6,280 DAYS OF CARE.
CONTRIBUTION TO RELATED PARTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcrae President/ceo | OfficerTrustee | 33 | $471,752 |
Kim Petrone Chief Medical Officer | Officer | 35 | $387,027 |
Brian L Heppard Attending Physician | 20 | $314,405 | |
Dennis Kant Svp/cfo | Officer | 20 | $272,723 |
Susan Murty VP Administrator | Officer | 34 | $237,651 |
Robert Bourg VP Of Organizational Development | Officer | 31 | $233,867 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lecesse Construction Co Construction Contractor | 12/30/21 | $10,522,498 |
Cardinal Health Pharmacy Pharmaceuticals | 12/30/21 | $1,252,718 |
Select Rehabilitation Llc Agency Staff | 12/30/21 | $719,237 |
Prolink Healthcare Llc Agency Staff | 12/30/21 | $742,647 |
Us Foodservice Food And Beverage | 12/30/21 | $890,519 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,380,204 |
| Government grants | $4,064,665 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,546,362 |
| Total Program Service Revenue | $43,656,072 |
| Investment income | $589,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $96,867 |
| Net Gain/Loss on Asset Sales | $452,152 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $47,644 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,352,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,397 |
| 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. | $814,316 |
| Compensation of current officers, directors, key employees. | $814,316 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,749,948 |
| Pension plan accruals and contributions | $2,257,833 |
| Other employee benefits | $3,138,191 |
| Payroll taxes | $2,285,801 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $93,997 |
| Fees for services: Accounting | $33,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,700 |
| Fees for services: Other | $2,814,535 |
| Advertising and promotion | $50,184 |
| Office expenses | $455,046 |
| Information technology | $2,217,105 |
| Royalties | $0 |
| Occupancy | $1,270,330 |
| Travel | $35,325 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,264,020 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,729,696 |
| Insurance | $864,837 |
| All other expenses | $0 |
| Total functional expenses | $62,061,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,578,256 |
| Savings and temporary cash investments | $258,529 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,750,897 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $255,505 |
| Prepaid expenses and deferred charges | $730,574 |
| Net Land, buildings, and equipment | $67,789,191 |
| Investments—publicly traded securities | $19,245,244 |
| Investments—other securities | $2,913,466 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,761,174 |
| Total assets | $128,282,836 |
| Accounts payable and accrued expenses | $28,432,070 |
| Grants payable | $0 |
| Deferred revenue | $125,697 |
| Tax-exempt bond liabilities | $63,809,070 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,649,836 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,603,873 |
| Total liabilities | $118,620,546 |
| Net assets without donor restrictions | -$2,920,692 |
| Net assets with donor restrictions | $12,582,982 |
| 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 | $128,282,836 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that St Anns Home For The Aged has recieved totaling $4,450,420.
| Awarding Organization | Amount |
|---|---|
St Anns Foundation Inc Rochester, NY PURPOSE: SUBSTANTIAL SUPPORT TO CAPITAL IMPROVEMENTS, INCLUDING CONSTRUCTION OF NEW BUILDINGS; DIRECT SUPPORT TO RECREATION THERAPY; STAFF EDUCATION PROGRAMS; AND RESIDENT QUALITY LIFE PROGRAMS. | $4,380,204 |
Bernard And Patricia Iacovangelo Family Foundation Inc Wilmington, DE PURPOSE: FOR ALL THEY'VE GIVEN CAMPAIGN | $50,000 |
Frank & Jean Iacovangelo Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $216 |
Endowment Analysis
| Beg. Balance | $9,175,586 |
| Earnings | $1,308,529 |
| Ending Balance | $10,484,115 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rutland Nursing Home Inc Brooklyn, NY | $14,641,338 | $58,008,587 |
Terence Cardinal Cooke Health Care Center New York, NY | $89,661,206 | $110,033,189 |
Parker Jewish Institute For Health Care And Rehabilitation New Hyde Park, NY | $199,982,066 | $91,840,535 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
The Rosalind And Joseph Gurwin Jewish Geriatric Center Of Long Is Commack, NY | $54,775,668 | $80,755,778 |
The Schulman And Schachne Institute For Nursing And Rehabilitation Inc Brooklyn, NY | $15,175,367 | $62,719,757 |
Menorah Home & Hospital For The Aged & Infirm Brooklyn, NY | $95,922,650 | $81,993,639 |
Orlando Rehabilitation Group Inc Bala Cynwyd, PA | $57,006,179 | $68,104,174 |
Pittsburgh Care Partnership Inc Community Life Pittsburgh, PA | $51,132,739 | $72,021,182 |
Loretto Health And Rehabilitation Center Syracuse, NY | $32,645,614 | $69,232,567 |
Mary Manning Walsh Nursing Home Co Inc New York, NY | $75,917,101 | $69,028,602 |
Amsterdam Nursing Home Corporation New York, NY | $69,684,595 | $65,318,560 |