Niagara Lutheran Development Inc
- Assets
- $27.3m
- Revenue
- $24.9m
- Investments
- $0.0
- Employees
- 554
- Location
- Lancaster, NY
- Founding
- 09/1997
- Data as of
- 12/2023
- EIN
- 16-1502150
Organization Overview
Niagara Lutheran Development Inc, operating under the name Greenfield Health And Rehabilitation Center, is located in Lancaster, NY. The organization was established in 1997. 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 12/2023, Greenfield Health And Rehabilitation Center employed 554 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenfield Health And Rehabilitation Center 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 12/2023, Greenfield Health And Rehabilitation Center generated $24.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $26.6m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE FOR THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE INDIVIDUALS WE SERVE, IN A CHRISTIAN ENVIRONMENT. THE ORGANIZATION IS A 1632 BED FACILITY PROVIDING 24 HOUR SKILLED NURSING AND REHABILITATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A 162 BED FACILITY PROVIDING 24 HOUR SKILLED NURSING CARE, REHABILITATION SERVICES, SPECIALIZED NUTRITION PROGRAMS, HOME-STYLE MEALS TAILORED TO MEET INDIVIDUAL NEEDS, ACTIVITIES PROGRAMS, ON SITE BARBER AND BEAUTY SALON, CASE MANAGEMENT, DENTAL, OPTICAL AND PODIATRY SERVICES, ECUMENICAL WORSHIP AND PASTORAL CARE SERVICES AND 24 HOUR SECURITY AT A REASONABLE COST TO ALL OF OUR RESIDENTS. APPROXIMATELY 62% OF OUR RESIDENTS RECEIVE GOVERNMENT SUPPORT (MEDICARE AND MEDICAID). DURING 2023, WE PROVIDED SERVICES TO 1,359 RESIDENTS (1,059 INPATIENT AND 300 OUTPATIENT) NEEDING SHORT TERM REHABILITATION AND OR LONG TERM SKILLED NURSING SERVICES. THE FACILITY IS ALSO USED FOR BLOCK CLUB MEETINGS, SEMINARS, BLOOD DRIVES AND VARIOUS OTHER COMMUNITY ACTIVITIES SUCH AS LOCAL HEALTH FAIRS. (55,005 DAYS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher E Koenig President/ceo And Board Member | OfficerTrustee | 5 | $0 |
Steven Chizuk Chief Financial Officer | Officer | 5 | $0 |
Rev Carol L Lankes Board Member/chairman | OfficerTrustee | 0.5 | $0 |
Cary Haller Board Member/treasurer | OfficerTrustee | 0.5 | $0 |
Mr Gerald C Saxe Board Member/secretary | OfficerTrustee | 0.5 | $0 |
Ms Candyce Ingwersen Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Diversified Services Llc Speech Therapy Services | 12/30/21 | $194,371 |
Ingalls Site Development Site Development | 12/30/21 | $144,035 |
R&p Oak Hill Construction Services | 12/30/21 | $214,425 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $14,262 |
| Government grants | $46,814 |
| 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 | $61,076 |
| Total Program Service Revenue | $24,699,398 |
| Investment income | $114,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,740 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,938,836 |
| 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 | $12,451,366 |
| Pension plan accruals and contributions | $145,192 |
| Other employee benefits | $1,183,321 |
| Payroll taxes | $934,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,796 |
| Fees for services: Other | $3,061,154 |
| Advertising and promotion | $3,157 |
| Office expenses | $213,545 |
| Information technology | $154,706 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,194 |
| Interest | $203,400 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,007,776 |
| Insurance | $1,412,619 |
| All other expenses | $946,159 |
| Total functional expenses | $26,619,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,769,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,663,146 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $150,185 |
| Prepaid expenses and deferred charges | $141,587 |
| Net Land, buildings, and equipment | $11,944,470 |
| Investments—publicly traded securities | $9,570,674 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,086 |
| Total assets | $27,261,074 |
| Accounts payable and accrued expenses | $2,566,069 |
| Grants payable | $0 |
| Deferred revenue | $1,371,492 |
| Tax-exempt bond liabilities | $4,746,830 |
| Escrow or custodial account liability | $21,086 |
| 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 | $557,540 |
| Total liabilities | $9,263,017 |
| Net assets without donor restrictions | $17,998,057 |
| 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 | $27,261,074 |