Menorah Park Group Residences Inc
- Assets
- $331.9k
- Revenue
- $435.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Syracuse, NY
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 26-2639157
Organization Overview
Menorah Park Group Residences Inc is located in Syracuse, NY. The organization was established in 2009. 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. As of 12/2021, Menorah Park Group Residences Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menorah Park Group Residences 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 12/2021, Menorah Park Group Residences Inc generated $435.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $421.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING AND SUPPORT SERVICES TO HANDICAPPED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE MISSION STATEMENT ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Maloff Treasurer | OfficerTrustee | 1 | $0 |
Art Diamond President | OfficerTrustee | 1 | $0 |
Mary Ellen Bloodgood Chief Executive Officer | Officer | 1 | $0 |
Robert Wood Chief Financial Officer | Officer | 1 | $0 |
Xueyi Chen Director | Trustee | 1 | $0 |
Marlene Holstein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $26,625 |
| Government grants | $30,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,202 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,307 |
| Total Program Service Revenue | $364,590 |
| Investment income | $0 |
| 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 | $435,897 |
| 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 | $232,939 |
| Pension plan accruals and contributions | $10,159 |
| Other employee benefits | $33,108 |
| Payroll taxes | $17,014 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,667 |
| Advertising and promotion | $0 |
| Office expenses | $7,395 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,192 |
| Travel | $3,330 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,390 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,218 |
| Insurance | $13,357 |
| All other expenses | $1,430 |
| Total functional expenses | $421,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,235 |
| 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 | $1,556 |
| Net Land, buildings, and equipment | $289,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,448 |
| Total assets | $331,907 |
| Accounts payable and accrued expenses | $31,641 |
| Grants payable | $0 |
| Deferred revenue | $1,246 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,448 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $61,881 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,862 |
| Total liabilities | $125,078 |
| Net assets without donor restrictions | $190,329 |
| Net assets with donor restrictions | $16,500 |
| 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 | $331,907 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Menorah Park Group Residences Inc has recieved totaling $43,125.
| Awarding Organization | Amount |
|---|---|
Jewish Home Of Central New York Foundation Of Syracuse Inc Syracuse, NY PURPOSE: DONATION | $26,625 |
Green Family Foundation Inc Bradenton, FL PURPOSE: UPDATE AND REPLACEMENT OF KITCHEN APPLIANCES, UPGRADE TO WIFI AND PURCHASE OF SMART TELEVISION | $16,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Brooksby Village Inc Peabody, MA | $455,308,698 | $77,450,637 |
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Linden Ponds Inc Hingham, MA | $366,102,829 | $68,847,923 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Lantern Hill Inc New Providence, NJ | $464,665,892 | $49,148,353 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |