Greenwood House Home For The Jewish Aged Inc
- Assets
- $34.0m
- Revenue
- $16.8m
- Investments
- $0.0
- Employees
- 331
- Location
- Ewing, NJ
- Founding
- 05/1947
- Data as of
- 12/2022
- EIN
- 21-0639867
Organization Overview
Greenwood House Home For The Jewish Aged Inc, operating under the name Greenwood House Home For The Jewish, is located in Ewing, NJ. The organization was established in 1947. 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 12/2022, Greenwood House Home For The Jewish employed 331 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood House Home For The Jewish 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, Greenwood House Home For The Jewish generated $16.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $18.4m during the year ending 12/2022. While expenses have increased by 1.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MEET THE PHYSICAL, EMOTIONAL, SOCIAL AND SPIRITUAL NEEDS OF THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENWOOD HOUSE WAS FOUNDED IN 1938 AS A JEWISH HOME FOR THE AGED IN TRENTON, NJ. OVER THE YEARS THE ORGANIZATION HAS GROWN IN SCOPE AND SIZE AND TODAY IS A NONSECTARIAN "HOME" TO 137 RESIDENTS. AS A NONPROFIT MISSION-DRIVEN ORGANIZATION, GREENWOOD HOUSE STRIVES TO PROVIDE THE UTMOST IN COMPASSIONATE AND PERSONALIZED CARE TO ITS GERIATRIC RESIDENTS.
THE ABRAMS RESIDENCE IS THE 29-BED ASSISTED LIVING FACILITY THAT IS OPERATED BY GREENWOOD HOUSE ON ITS SAME CAMPUS. SINCE 2003, SENIORS IN NEED OF SOME ASPECT OF DAILY-LIVING ASSISTANCE HAVE FOUND COMFORT AND THE LEVEL OF HELP NEEDED AT ABRAMS. EACH APARTMENT IS NICELY APPOINTED AND MEAL TIMES AND SHARED ENCOURAGE A SENSE OF FAMILY AND FRIENDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Goldstein Executive Director | OfficerTrustee | 50 | $231,379 |
Douglas Zeltt President | OfficerTrustee | 0.5 | $0 |
Howard Deutsch 1st VP | OfficerTrustee | 0.5 | $0 |
Linda Grenis 2nd VP | OfficerTrustee | 0.5 | $0 |
Roberta Sutker 3rd VP | OfficerTrustee | 0.5 | $0 |
Jeff Sussman Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mylo Mechanical Llc Contractor | 12/30/22 | $281,187 |
Zimmit Healthcare Service Group Medicare Reimbursement Compliance Servic | 12/30/22 | $142,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $32,367 |
| Membership dues | $0 |
| Fundraising events | $273,142 |
| Related organizations | $809,865 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $252,576 |
| Noncash contributions included in lines 1a–1f | $10,406 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,367,950 |
| Total Program Service Revenue | $15,455,338 |
| Investment income | $125,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$206,281 |
| Net Income from Fundraising Events | -$82,226 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,841,682 |
| 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. | $349,430 |
| Compensation of current officers, directors, key employees. | $324,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,515,068 |
| Pension plan accruals and contributions | $73,318 |
| Other employee benefits | $807,415 |
| Payroll taxes | $708,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,859 |
| Fees for services: Accounting | $101,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,620 |
| Fees for services: Other | $2,228,786 |
| Advertising and promotion | $85,559 |
| Office expenses | $16,931 |
| Information technology | $2,322 |
| Royalties | $0 |
| Occupancy | $749,619 |
| Travel | $36,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,551 |
| Interest | $2,888 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $676,688 |
| Insurance | $833,720 |
| All other expenses | $292,294 |
| Total functional expenses | $18,402,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,174,556 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,800 |
| Accounts receivable, net | $1,939,088 |
| 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 | $332,010 |
| Net Land, buildings, and equipment | $5,680,359 |
| Investments—publicly traded securities | $4,223,275 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,641,561 |
| Total assets | $34,003,649 |
| Accounts payable and accrued expenses | $2,204,837 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $78,853 |
| Other liabilities | $13,043,544 |
| Total liabilities | $15,327,234 |
| Net assets without donor restrictions | $9,234,039 |
| Net assets with donor restrictions | $9,442,376 |
| 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 | $34,003,649 |