Lifequest Nursing Center
- Assets
- $44.2m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 192
- Location
- Quakertown, PA
- Founding
- 10/1982
- Data as of
- 06/2021
- EIN
- 23-2141757
Organization Overview
Lifequest Nursing Center is located in Quakertown, PA. The organization was established in 1982. 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 06/2021, Lifequest Nursing Center employed 192 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifequest Nursing 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 06/2021, Lifequest Nursing Center generated $12.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $16.5m during the year ending 06/2021. 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
THE ORGANIZATION IS A 140-BED NURSING HOME AND A 123-BED ASSISTED LIVING LOCATED IN QUAKERTOWN, PENNSYLVANIA, PROVIDING SHORT-TERM REHABILITATIVE CARE, MEMORY CARE, LONG-TERM SKILLED NURSING CARE, AND ASSISTED LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING CARE SERVICES PROVIDED: SKILLED AND INTERMEDIATE NURSING CARE TO RESIDENTS; ANCILLARY AND SUPPORTING SERVICES PROVIDED: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY, MEDICAL SUPPLIES, RADIOLOGY, PHARMACY, SOCIAL SERVICES, ACTIVITIES AND ADMISSIONS; GENERAL SERVICES PROVIDED: FOOD HOUSEKEEPING, LAUNDRY SERVCIES, AND ALLOCATED INDIRECT COSTS ASSOCIATED WITH THE OEPRATION AND MAINTENANCE OF THE PHYSICAL PLANT. IN NOVEMBER, 2020 THE ORGANIZATION OPENED A 123 UNIT ASSISTED LIVING FACILITY ADJACENT TO THE EXISTING NURSING FACILITY AND RENOVATED THE NURSING FACILITY TO CONVERT 15 BEDS TO MEMORY CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Steeley Sec/treasurer | OfficerTrustee | 1 | $0 |
Barbara Lampe Director | OfficerTrustee | 1 | $0 |
Roger Hiser President & CEO | Officer | 40 | $0 |
Shane Mcguire CFO | Officer | 40 | $0 |
Cheryl Nine Asst Secretary | Officer | 32 | $0 |
David Synder Co-Chairman | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Food Service | 6/29/21 | $1,179,638 |
Plexus Group Management Services | 6/29/21 | $574,744 |
Select Rehabilitation Therapy Services | 6/29/21 | $949,767 |
Aetna Health Benefits | 6/29/21 | $425,436 |
Medline Industries Inc Medical Supplies | 6/29/21 | $288,038 |
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 | $10,844,448 |
| Investment income | $1,308 |
| 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 | $12,048,630 |
| 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 | $5,188,647 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $550,638 |
| Payroll taxes | $376,320 |
| Fees for services: Management | $741,108 |
| Fees for services: Legal | $88,754 |
| Fees for services: Accounting | $65,026 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $241,438 |
| Office expenses | $36,568 |
| Information technology | $63,020 |
| Royalties | $0 |
| Occupancy | $1,597,004 |
| Travel | $1,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,230 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,957,560 |
| Insurance | $195,512 |
| All other expenses | $121,833 |
| Total functional expenses | $16,482,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,900 |
| Savings and temporary cash investments | $1,207,372 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,745,959 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $42,116,463 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,011,495 |
| Net Land, buildings, and equipment | $35,269,823 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | -$279,344 |
| Other assets | -$36,905,512 |
| Total assets | $44,168,156 |
| Accounts payable and accrued expenses | $3,271,709 |
| 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 | $45,409,891 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $113,339 |
| Total liabilities | $48,794,939 |
| Net assets without donor restrictions | -$4,626,783 |
| 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 | $44,168,156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Morris Hall St Lawrence Inc Lawrenceville, NJ | $55,795,819 | $48,236,558 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
Madlyn And Leonard Abramson Center For Jewish Life Blue Bell, PA | $70,280,035 | $47,324,338 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
The Northeast Health Group Inc Bala Cynwyd, PA | $20,717,577 | $41,701,178 |
Phoebe Home Inc Allentown, PA | $44,042,871 | $37,033,122 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |
United Odd Fellow And Rebekah Home Bronx, NY | $62,645,372 | $41,096,050 |