Fairmount Long Term Care is located in Philadelphia, PA. The organization was established in 1994. 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, Fairmount Long Term Care employed 404 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairmount Long Term Care 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, Fairmount Long Term Care generated $34.5m 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 $31.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAIRMOUNT LONG TERM CARE (FLTC), OPERATES THE PHILADELPHIA NURSING HOME ON BEHALF OF THE CITY OF PHILADELPHIA. FLTC PROVIDES NURSING HOME SERVICES PRIMARILY TO INDIGENT RESIDENTS OF PHILADELPHIA. LICENSED AS A 402-BED LONG-TERM CARE FACILITY, 99.8% OF THE RESIDENTS OF THE NURSING HOME ARE COVERED BY THE MEDICAL ASSISTANCE PROGRAM (MEDICAID) OR MEDICARE. IN FISCAL YEAR 2021 THE NURSING HOME PROVIDED SERVICES TO 337 INDIVIDUALS PROVIDING 91,442 DAYS OF NURSING HOME CARE. SERVICES THAT FLTC PROVIDES ITS RESIDENTS INCLUDE, DAILY ROUTINE NURSING CARE, PHYSICAL THERAPY, SPEECH THERAPY, OCCUPATIONAL THERAPY, RECREATIONAL THERAPY, ROUTINE PHYSICIAN SERVICES, SPECIALTY PHYSICIAN SERVICES, AND MENTAL HEALTH SERVICES. MOST OF THE RESIDENTS AT FLTC HAVE VERY COMPLEX PSYCHOSOCIAL HISTORIES. MANY ARE HERE WITH MEDICAL PROBLEMS DIRECTLY RELATED TO SUBSTANCE ABUSE AND/OR VIOLENCE, AND MANY HAVE VERY LITTLE SOCIAL SUPPORTS IN THEIR LIVES. THE GOAL IS TO PROVIDE COMPREHENSIVE CARE AND SERVICES TO ENSURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLTC PROVIDED LONG-TERM CARE SERVICES TO APPROXIMATELY 337 RESIDENTS DURING THE PAST YEAR. THE TOTAL DAYS OF CARE PROVIDED WERE 91,442 DAYS. GOVERNMENT PROGRAMS SUBSIDIZED THE COST OF CARE FOR ALMOST ALL OF THESE DAYS. ONLY A SMALL PORTION OF THE COST FOR CARE IS PAID FOR BY PRIVATE INDIVIDUALS. MEDICAID DAYS TOTAL 1,903 - 2.1% MEDICAID SUBS MANAGED CARE 86,096 - 94.2%MEDICARE DAYS TOTAL 2,970 - 3.2%MEDICARE SUBS MANAGED CARE 290 - 0.3%PRIVATE PAY DAYS TOTAL 183 - 0.2% --------------TOTAL 91,442
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ethel P Materdo Registered Nurse | 74 | $242,241 | |
Marie Julia Florescio Rnac/rn | 68 | $204,891 | |
Juliet Sonnoh Lpn | 72 | $184,344 | |
Luisito Labayen Rn | 56 | $164,463 | |
Ope Oduwaiye Rn Supervisor | 60 | $161,069 | |
Sheri Gifford Until 412021 President & CEO | Officer | 40 | $158,940 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Premier Therapy Services Rehabilitation Serv | 6/29/21 | $1,008,109 |
Poplar Medical Group Medical Professional Serv | 6/29/21 | $677,327 |
Keystone Quality Transport Transportation Services | 6/29/21 | $476,852 |
Prn Consultants Ii Nursing Agency | 6/29/21 | $964,127 |
Allied Universal Security Services | 6/29/21 | $524,646 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $12,444,488 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $16,417 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,444,488 |
Total Program Service Revenue | $21,896,718 |
Investment income | $120,142 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,774 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $34,473,122 |
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. | $438,383 |
Compensation of current officers, directors, key employees. | $284,671 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,189,307 |
Pension plan accruals and contributions | $466,992 |
Other employee benefits | $2,516,148 |
Payroll taxes | $1,251,318 |
Fees for services: Management | $0 |
Fees for services: Legal | $57,573 |
Fees for services: Accounting | $127,622 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,221,954 |
Advertising and promotion | $1,000 |
Office expenses | $56,717 |
Information technology | $682,550 |
Royalties | $0 |
Occupancy | $632,597 |
Travel | $5,848 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,965 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $313,621 |
All other expenses | $0 |
Total functional expenses | $31,828,472 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,051,100 |
Savings and temporary cash investments | $8,323,459 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,825,435 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $294,671 |
Prepaid expenses and deferred charges | $222,816 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $13,717,481 |
Accounts payable and accrued expenses | $5,615,760 |
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 | $0 |
Other liabilities | $946,253 |
Total liabilities | $6,562,013 |
Net assets without donor restrictions | $7,155,468 |
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 | $13,717,481 |
Organization Name | Assets | Revenue |
---|---|---|
Rutland Nursing Home Inc Brooklyn, NY | $14,641,338 | $58,008,587 |
Terence Cardinal Cooke Health Care Center New York, NY | $89,661,206 | $110,033,189 |
Parker Jewish Institute For Health Care And Rehabilitation New Hyde Park, NY | $199,982,066 | $91,840,535 |
Charlestown Community Inc Baltimore, MD | $306,805,066 | $94,859,354 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
The Rosalind And Joseph Gurwin Jewish Geriatric Center Of Long Is Commack, NY | $54,775,668 | $80,755,778 |
The Schulman And Schachne Institute For Nursing And Rehabilitation Inc Brooklyn, NY | $15,175,367 | $62,719,757 |
Menorah Home & Hospital For The Aged & Infirm Brooklyn, NY | $95,922,650 | $81,993,639 |
Orlando Rehabilitation Group Inc Bala Cynwyd, PA | $57,006,179 | $68,104,174 |
Pittsburgh Care Partnership Inc Community Life Pittsburgh, PA | $51,132,739 | $72,021,182 |
Loretto Health And Rehabilitation Center Syracuse, NY | $32,645,614 | $69,232,567 |
Hebrew Home Of Greater Washington Inc Rockville, MD | $285,489,018 | $90,628,808 |