Abraham And Laura Lisner Home For Aged Women
- Assets
- $22.6m
- Revenue
- $13.9m
- Investments
- $1.3m
- Employees
- 146
- Location
- Washington, DC
- Founding
- 08/1941
- Data as of
- 06/2021
- EIN
- 53-0228120
Organization Overview
Abraham And Laura Lisner Home For Aged Women, operating under the name Lisner-Louise-Dickson-Hurt Home, is located in Washington, DC. The organization was established in 1941. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Lisner-Louise-Dickson-Hurt Home employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lisner-Louise-Dickson-Hurt Home 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, Lisner-Louise-Dickson-Hurt Home generated $13.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $13.9m during the year ending 06/2021. While expenses have increased by 2.7% 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 OPERATE A HOME FOR THE AGED IN WASHINGTON, DC, UNDER PROVISIONS OF THE WILL OF ABRAHAM LISNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LISNER HOME OPERATES A SHORT-TERM REHABILITATION PROGRAM FOR LOW AND MODERATE INCOME RESIDENTS OF THE GREATER WASHINGTON, DC AREA. DURING THE FISCAL YEAR, THE HOME CARED FOR OVER 100 MODEST INCOME SENIORS OF THE DISTRICT OF COLUMBIA.
THE LISNER HOME PROVIDES AFFORDABLE HOUSING ASSISTED-LIVING PROGRAMS WHICH INCLUDES MEDICAL, PSYCHOSOCIAL, NUTRITIONAL AND ANCILLARY SERVICES AND CHARITY CARE FOR LOW AND MODERATE INCOME RESIDENTS OF THE GREATER WASHINGTON, DC AREA.DURING THE FISCAL YEAR, THE HOME PROVIDED UNCOMPENSATED CARE OF APPROXIMATELY $700,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Ward Orem CEO | OfficerTrustee | 40 | $185,517 |
Matthew Frumin President | OfficerTrustee | 1 | $0 |
Patricia Johnson Director | Trustee | 1 | $0 |
Marnie T Kagan Treasurer | OfficerTrustee | 1 | $0 |
Christine Hobbs Secretary | OfficerTrustee | 1 | $0 |
Robert Cooper Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unlimited Restoration Inc Construction | 6/29/21 | $1,090,952 |
Allied Pharmaceutical Services Medical Supplies | 6/29/21 | $292,781 |
Sysco Baltimore Food Service | 6/29/21 | $308,961 |
Collins Elevator Service Construction | 6/29/21 | $174,204 |
Medline Industries Inc Medical Supplies | 6/29/21 | $287,357 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,526,895 |
| Investment income | $198,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,803,504 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,905,589 |
| Statement of Expenses | |
|---|---|
| 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. | $538,335 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,059,798 |
| Pension plan accruals and contributions | $78,015 |
| Other employee benefits | $1,141,155 |
| Payroll taxes | $627,583 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,923 |
| Fees for services: Accounting | $95,049 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,844 |
| Fees for services: Other | $274,574 |
| Advertising and promotion | $16,260 |
| Office expenses | $180,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $509,903 |
| Travel | $20,710 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,904 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $228,031 |
| Insurance | $173,712 |
| All other expenses | $0 |
| Total functional expenses | $13,891,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,209 |
| Savings and temporary cash investments | $2,700,859 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $4,004,444 |
| 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 | $70,290 |
| Investments—publicly traded securities | $11,137,251 |
| Investments—other securities | $1,268,009 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $305,724 |
| Total assets | $22,620,580 |
| Accounts payable and accrued expenses | $2,657,302 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $582,082 |
| Escrow or custodial account liability | $209,603 |
| 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 | $1,621,609 |
| Total liabilities | $5,070,596 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $17,549,984 |