Hebrew Home For The Aged Atriverdale Foundation Inc
- Assets
- $98.4m
- Revenue
- $8.2m
- Investments
- $19.1m
- Employees
- 4
- Location
- Bronx, NY
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 20-4352212
Organization Overview
Hebrew Home For The Aged Atriverdale Foundation Inc is located in Bronx, NY. The organization was established in 2006. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Hebrew Home For The Aged Atriverdale Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew Home For The Aged Atriverdale Foundation 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 12/2022, Hebrew Home For The Aged Atriverdale Foundation Inc generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $20.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hebrew Home For The Aged Atriverdale Foundation Inc has awarded 39 individual grants totaling $84,164,477. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO PROGRAMS FOR OLDER ADULTS IN THE NEW YORK AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEBREW HOME FOR THE AGED AT RIVERDALE FOUNDATION, INC. PROVIDES ASSISTANCE TO PROGRAMS FOR OLDER ADULTS IN THE NEW YORK AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Reingold President, CEO | Officer | 1 | $0 |
David Pomeranz Chief Operating Officer | Officer | 1 | $0 |
Luz Liebeskind Cfo/asst. Secretary/treasurer | Officer | 1 | $0 |
John Haley Chief Development Officer | 35 | $189,290 | |
Patricia Weiss VP Development (through 6/16) | 35 | $162,624 | |
Neusa Delgado-Bowers VP Of Development | 35 | $123,226 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capitol Hill Media Group Inc Advertising | 12/30/22 | $1,998,183 |
3rdthird Marketing Llc Marketing | 12/30/22 | $672,182 |
Royal Printing Services Printing | 12/30/22 | $492,009 |
Eventus Strategic Partners Real Estate Consult | 12/30/22 | $375,172 |
If Studio Llc Marketing | 12/30/22 | $328,327 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,284,981 |
| Related organizations | $864,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,819,463 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,968,944 |
| Total Program Service Revenue | $0 |
| Investment income | $502,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$39,986 |
| Net Income from Fundraising Events | -$226,589 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,204,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,444,535 |
| 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 | $636,608 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $214,147 |
| Payroll taxes | $45,240 |
| Fees for services: Management | $35,407 |
| Fees for services: Legal | $68,327 |
| Fees for services: Accounting | $24,755 |
| Fees for services: Lobbying | $168,000 |
| Fees for services: Fundraising | $82,500 |
| Fees for services: Investment Management | $500 |
| Fees for services: Other | $220,976 |
| Advertising and promotion | $21,703 |
| Office expenses | $142,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,774 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $26,000 |
| Total functional expenses | $20,153,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,129,406 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,550,862 |
| Accounts receivable, net | $0 |
| 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 | $52,712 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $18,505,927 |
| Investments—other securities | $19,077,330 |
| Investments—program-related | $49,799,457 |
| Intangible assets | $0 |
| Other assets | $307,152 |
| Total assets | $98,422,846 |
| Accounts payable and accrued expenses | $2,485,854 |
| 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 | $41,858,683 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,512,068 |
| Total liabilities | $57,856,605 |
| Net assets without donor restrictions | $17,949,928 |
| Net assets with donor restrictions | $22,616,313 |
| 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 | $98,422,846 |
Grants Awarded
Over the last fiscal year, Hebrew Home For The Aged Atriverdale Foundation Inc has awarded $18,439,535 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AJAS PURPOSE: support operations | $15,000 |
BOOMER ESIASON FOUNDATION PURPOSE: support operations | $12,500 |
HEBREW HOME FOR THE AGED AT RIVERDALE PURPOSE: support operations | $18,396,035 |
CHILDREN OF ARMENIA FUND PURPOSE: support operations | $10,000 |
NEW JEWISH HOME PURPOSE: Support operations | $6,000 |