Bacharach Institute For Rehabilitation Inc
- Assets
- $63.2m
- Revenue
- $36.3m
- Investments
- $0.0
- Employees
- 380
- Location
- Pomona, NJ
- Founding
- 09/1953
- Data as of
- 12/2022
- EIN
- 21-0634964
Organization Overview
Bacharach Institute For Rehabilitation Inc is located in Pomona, NJ. The organization was established in 1953. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Bacharach Institute For Rehabilitation Inc employed 380 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bacharach Institute For Rehabilitation 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, Bacharach Institute For Rehabilitation Inc generated $36.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $40.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. 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
RESTORING INDEPENDENCE AND WELL-BEING THROUGH QUALITY, CARING, ADVOCACY AND ACCESSIBLE INTERDISCIPLINARY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING INPATIENT ACUTE-CARE, OUTPATIENT AND SKILLED NURSING HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. FOR ADDITIONAL INFORMATION, PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATIONS COMMUNITY BENEFIT INFORMATION.
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 |
|---|---|---|---|
Craig J Anmuth DO Medical Director | Officer | 55 | $339,074 |
Wei Xu MD Physiatrist | 55 | $283,734 | |
Beth Hoffman Pt Ms President/ceo | Officer | 55 | $251,269 |
Marianne Sturr MD Physiatrist | 55 | $263,554 | |
Shehnaz Rupsee RN Registered Nurse | 55 | $219,373 | |
Salvatore Russomano MD Physiatrist | 55 | $214,376 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atlanticare Regional Medical Center Pharmacy/medical | 12/30/22 | $706,653 |
Cerner Corporation Software Maintenance | 12/30/22 | $574,386 |
Medhost Direct Inc Software Maintenance | 12/30/22 | $196,104 |
Perskie Mairone Brog Barrera Bayl Legal | 12/30/22 | $286,637 |
Capaldi Reynolds Pelosi Pa Accounting/audit | 12/30/22 | $139,311 |
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 | $1,059,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,059,761 |
| Total Program Service Revenue | $35,279,541 |
| Investment income | $418,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$496,306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,292,371 |
| 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. | $1,363,400 |
| Compensation of current officers, directors, key employees. | $298,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,177,304 |
| Pension plan accruals and contributions | $556,070 |
| Other employee benefits | $4,766,934 |
| Payroll taxes | $1,834,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $605,581 |
| Fees for services: Accounting | $124,000 |
| Fees for services: Lobbying | $14,491 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,306 |
| Fees for services: Other | $2,328,498 |
| Advertising and promotion | $31,059 |
| Office expenses | $578,809 |
| Information technology | $831,212 |
| Royalties | $0 |
| Occupancy | $1,681,487 |
| Travel | $37,448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $91,115 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,665,795 |
| Insurance | $782,995 |
| All other expenses | $13,304 |
| Total functional expenses | $40,519,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,889,036 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,774,592 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $239,019 |
| Prepaid expenses and deferred charges | $996,643 |
| Net Land, buildings, and equipment | $9,074,647 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $45,700,530 |
| Intangible assets | $0 |
| Other assets | $563,600 |
| Total assets | $63,238,067 |
| Accounts payable and accrued expenses | $5,288,757 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $2,807,300 |
| Escrow or custodial account liability | $0 |
| 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 | $1,401,037 |
| Total liabilities | $9,497,094 |
| Net assets without donor restrictions | $48,943,658 |
| Net assets with donor restrictions | $4,797,315 |
| 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 | $63,238,067 |