Harry And Jeanette Weinberg Gardens Housing Development Fund Company I
- Assets
- $17.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-4981328
Organization Overview
Harry And Jeanette Weinberg Gardens Housing Development Fund Company I, operating under the name The New Jewish Home Harry And Jeanette Weinberg Gardens, is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jewish Home Harry And Jeanette Weinberg Gardens 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, New Jewish Home Harry And Jeanette Weinberg Gardens generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEINBERG GARDENS IS A HOUSING AND URBAN DEVELOPMENT (HUD) 202 SENIOR APARTMENT RESIDENCE, AND IS THE THIRD SUCH BUILDING CONSTRUCTED BY THE ORGANIZATION THE 72 ONE-BEDROOM APARTMENT BUILDING FEATURES COMMUNITY SPACES, ON-SITE LAUNDRY, A SPACIOUS LANDSCAPED DECK AND 24 HOUR SECURITY ALL APARTMENTS HAVE KITCHENS AND ARE HANDICAPPED ACCESSIBLE THE BUILDING, LOCATED AT 2550 WEBB AVENUE, BRONX, NY, OPENED IN 2010 AND WAS MADE POSSIBLE IN PART BY A GRANT FROM THE HARRY AND JEANETTE WEINBERG FOUNDATION, ONE OF THE LARGEST PRIVATE FOUNDATIONS IN THE UNITED STATES THE WEINBERG FOUNDATION PROVIDES GRANTS TO NOT-FOR-PROFITS THAT PROVIDE DIRECT SERVICES TO LOW-INCOME AND VULNERABLE INDIVIDUALS AND FAMILIES.
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 |
|---|---|---|---|
Bruce J Evans Treasurer | OfficerTrustee | 0.2 | $0 |
Jeffrey I Farber MD President And CEO | OfficerTrustee | 0.11 | $0 |
Elizabeth Pagel Serebransky Co-Chair And Secretary | OfficerTrustee | 0.2 | $0 |
Tami J Schneider Co-Chair | OfficerTrustee | 0.2 | $0 |
Dana Penny Cco | Officer | 0.11 | $0 |
Mark Weiss CFO | Officer | 0.11 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,436,547 |
| Investment income | $8,385 |
| 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 | $1,447,229 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $248,487 |
| Fees for services: Legal | $3,998 |
| Fees for services: Accounting | $17,712 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,593 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $397,659 |
| 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 | $450,990 |
| Insurance | $2,818 |
| All other expenses | $5,981 |
| Total functional expenses | $1,403,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,510 |
| Savings and temporary cash investments | $39,448 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,933 |
| 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 | $4,503 |
| Net Land, buildings, and equipment | $14,159,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,920,715 |
| Total assets | $17,441,632 |
| Accounts payable and accrued expenses | $1,976,223 |
| Grants payable | $0 |
| Deferred revenue | $7,125 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $17,187 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $12,977,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $210,968 |
| Total liabilities | $15,188,703 |
| Net assets without donor restrictions | $2,252,929 |
| 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 | $17,441,632 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Moravian Village Of Bethlehem Bethlehem, PA | $74,343,954 | $19,911,429 |
Community Healthcare Realty Inc Toms River, NJ | $8,596,047 | $19,288,515 |
Sarah A Reed Home Erie, PA | $16,706,184 | $19,190,049 |
Colgate Palmolive Post Retirement Veba Tr New York, NY | $1,964,886 | $6,599,849 |
Williamsport Home Williamsport, PA | $21,816,206 | $17,908,824 |
Orchard Park Ccrc Inc Orchard Park, NY | $79,217,375 | $18,334,727 |
Christopher House Inc Worcester, MA | $11,659,464 | $17,133,392 |
Seniorcare Montchanin Inc Hamilton, NJ | $10,084,234 | $15,044,151 |
Firemens Association Of The State Of New York Albany, NY | $46,544,668 | $18,019,275 |
Ascentria Care Alliance Inc West Brookfield, MA | $28,862,438 | $18,232,969 |
Holy Family Senior Living Bethlehem, PA | $8,945,725 | $16,667,938 |
Pitman Manor Inc Neptune, NJ | $6,381,281 | $14,956,021 |