Beth Sholom Home Of Virginia
- Assets
- $34.7m
- Revenue
- $20.7m
- Investments
- $1.7m
- Employees
- 446
- Location
- Richmond, VA
- Founding
- 03/1947
- Data as of
- 09/2021
- EIN
- 54-0525702
Organization Overview
Beth Sholom Home Of Virginia is located in Richmond, VA. 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 09/2021, Beth Sholom Home Of Virginia employed 446 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beth Sholom Home Of Virginia 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 09/2021, Beth Sholom Home Of Virginia generated $20.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $20.1m during the year ending 09/2021. While expenses have increased by 1.6% per year over the past 6 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
THE MISSION OF BETH SHOLOM LIFECARE COMMUNITY IS TO PROVIDE QUALITY AND COMPREHENSIVE RESIDENTIAL, HEALTHCARE AND COMMUNITY-BASED SERVICES TO INDIVIDUALS OF ALL FAITHS, IN A MANNER THAT REFLECTS OUR JEWISH TRADITIONS AND VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CARE TO NURSING HOME PATIENTS AND ASSISTED LIVING RESIDENTS THROUGH OPERATION OF A 101-BED NURSING HOME FACILITY, A 60-UNIT ASSISTED LIVING FACILITY, AND A 73-UNIT ASSISTED LIVING FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris S Funk President & CEO | OfficerTrustee | 37 | $329,428 |
Sybil Parker VP Of Qa | 40 | $166,580 | |
Richard Beckler CFO | Officer | 34 | $152,303 |
Thomas R Conrad Administrator | 40 | $134,117 | |
Patty Thompson Admin (parkside) | 40 | $121,023 | |
Patience Obiageli Ojeah Direct. Of Nursing | 40 | $117,471 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,195,276 |
| All other contributions, gifts, grants, and similar amounts not included above | $846,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,042,167 |
| Total Program Service Revenue | $17,158,926 |
| Investment income | $218,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,945 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,653,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,235 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $512,075 |
| Compensation of current officers, directors, key employees. | $512,075 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,431,651 |
| Pension plan accruals and contributions | $86,649 |
| Other employee benefits | $667,166 |
| Payroll taxes | $563,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $61,026 |
| Fees for services: Accounting | $142,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,200 |
| Fees for services: Investment Management | $36,828 |
| Fees for services: Other | $0 |
| Advertising and promotion | $60,068 |
| Office expenses | $96,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,579,720 |
| Travel | $34 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $497,914 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,193,660 |
| Insurance | $314,440 |
| All other expenses | $405,805 |
| Total functional expenses | $20,088,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,329,144 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $131,221 |
| Accounts receivable, net | $1,427,822 |
| 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 | $210,731 |
| Net Land, buildings, and equipment | $21,197,586 |
| Investments—publicly traded securities | $6,952,769 |
| Investments—other securities | $1,668,205 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,793,405 |
| Total assets | $34,710,883 |
| Accounts payable and accrued expenses | $2,067,579 |
| Grants payable | $0 |
| Deferred revenue | $89,089 |
| Tax-exempt bond liabilities | $8,739,454 |
| Escrow or custodial account liability | $190,359 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $11,651,634 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,013,232 |
| Total liabilities | $28,751,347 |
| Net assets without donor restrictions | $5,309,834 |
| Net assets with donor restrictions | $649,702 |
| 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 | $34,710,883 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beth Sholom Home Of Virginia has recieved totaling $87,932.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $87,932 |
Endowment Analysis
| Beg. Balance | $1,404,591 |
| Earnings | $37,246 |
| Other Expense | $1,224,052 |
| Ending Balance | $217,785 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Covenant Woods Mechanicsville, VA | $166,902,923 | $38,635,107 |
Richfield Living Salem, VA | $138,338,925 | $32,030,155 |
Hillcrest Healthcare Communities Inc Knoxville, TN | $35,116,427 | $32,663,319 |
Keswick Multi Care Center Inc Baltimore, MD | $21,425,413 | $33,875,242 |
Hoosier Care Inc Nashville, TN | $26,628,977 | $41,569,947 |
Cornelia Nixon Davis Inc Wilmington, NC | $106,580,029 | $35,693,854 |
Homewood At Martinsburg Pa Inc Williamsport, MD | $35,909,042 | $26,139,276 |
Roman Eagle Rehabilitation And Health Care Center Inc Danville, VA | $55,144,453 | $28,458,225 |
Courtland Gardens Nursing And Rehabilitaion Baltimore, MD | $65,934,502 | $19,637,093 |
Charles County Nursing Home Inc La Plata, MD | $15,672,185 | $19,078,576 |
Augsburg Lutheran Home Of Md Inc Frederick, MD | $46,463,810 | $18,003,635 |
Bnai Brith Home & Hospital For The Aged Inc Cordova, TN | $59,590,119 | $20,367,534 |