Miami Jewish Health Systems Inc
- Assets
- $95.8m
- Revenue
- $74.7m
- Investments
- $11.6m
- Employees
- 884
- Location
- Miami, FL
- Founding
- 12/1946
- Data as of
- 06/2022
- EIN
- 59-0624414
Organization Overview
Miami Jewish Health Systems Inc, operating under the name Miami Jewish Health, is located in Miami, FL. The organization was established in 1946. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2023, Miami Jewish Health employed 884 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami Jewish Health 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 06/2022, Miami Jewish Health generated $74.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $89.7m during the year ending 06/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE HEALTHCARE THROUGH A FULL RANGE OF QUALITY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIAMI JEWISH HEALTH SYSTEMS, INC. (MJHS) PROVIDES SKILLED NURSING, LONG-TERM CARE, RESIDENTIAL AND COMMUNITY-BASED SERVICES TO THE ELDERLY AND OTHERS WHO WOULD BENEFIT. SINCE ITS INCEPTION, THE ORGANIZATION HAS EXPANDED TO INCLUDE A NUMBER OF AFFILIATED ENTITIES, ORGANIZED TO PROVIDE AN ARRAY OF ADDITIONAL PROGRAMS, SUCH AS ASSISTIVE HOUSING, OUTPATIENT SERVICES, AND COMMUNITY-BASED PROGRAMS. THESE PROGRAMS OFFER ALTERNATIVES TO INSTITUTIONALIZATION, AS WELL AS RESEARCH, EDUCATION, AND TRAINING IN AREAS PRIMARILY FOCUSED ON CARE FOR THE ELDERLY. ACROSS ALL PROGRAMS, THERE WERE 105,721 PATIENT DAYS IN THE CURRENT YEAR.SEE SCHEDULE O FOR ADDITIONAL INFORMATION.HEALTHCARE - MIAMI JEWISH HEATH SYSTEMS, INC. IS A 494-BED FACILITY PROVIDING A FULL RANGE OF HEALTHCARE SERVICES TO THE ELDERLY. THESE INCLUDE ITS 462-BED NURSING HOME, WHICH PROVIDES LONG-TERM RESIDENTIAL CARE AND SKILLED NURSING CARE FOR OLDER ADULTS WITH CHRONIC ILLNESSES. THE FACILITY ALSO PROVIDES SHORT-TERM REHABILITATION SERVIES FOR MEDICARE BENEFICIARIES RECOVERING FROM SURGERY, STROKE, ETC. AND A 32-BED GERIATRIC MEDICAL SPECIALTY HOSPITAL, WHICH PROVIDES ACUTE CARE FOR THE ELDERLY. IN ADDITION, THE FACILITY'S AMBULATORY HEALTH CENTERS PROVIDE OUTPATIENT HEALTH SERVICES AND SUB-SPECIALTY SERVICES DELIVERED BY PHYSICIANS AND HEALTH PRACTITIONERS SPECIALIZING IN GERIATRIC HEALTHCARE, MENTAL HEALTH, PAIN MANAGEMENT, AND PSYCHIATRY.RESIDENTIAL CARE - MIAMI JEWISH HEALTH SYSTEMS, INC. PROVIDES TWO LEVELS OF ADULT LIVING FACILITIES THE FIRST IS A LICENSED 98-APARTMENT ADULT CONGREGATE LIVING FACILITY, WHICH PROVIDES MODERATE HOUSING DESIGNED FOR THE FRAIL, BUT INDEPENDENT ELDERLY. ITS TENANTS ARE OFFERED TRANSPORTATION AND CULTURAL/SOCIAL AMENITIES. THE OTHER FACILITY IS A LICENSED 92-APARTMENT ASSISTED LIVING FACILITY, WHICH PROVIDES PHYSICAL, MENTAL, AND SOCIAL ACTIVITIES, AS WELL AS DIRECT CARE ASSISTANCE AND NURSING SUPERVISION.CASE MANAGEMENT/DAY CARE - MIAMI JEWISH HEALTH SYSTEMS, INC. OPERATES A STATE SPONSORED PROGRAM IN WHICH CASE MANAGERS COORDINATE IN-HOME ASSISTANCE SUCH AS PERSONAL CARE, MEALS, ADULT DAY CARE, AND MEDICAL SUPPLIES. THE PROGRAM SERVES PEOPLE LIVING IN MIAMI-DADE OR BROWARD COUNTIES, AGE 60 OR OLDER, WHO ARE ELIGIBLE FOR CARE IN A NURSING HOME AS REQUIRED BY MEDICAID. MIAMI JEWISH HEALTH SYSTEMS OPERATES THE PROJECT ON BEHALF OF THE STATE OF FLORIDA'S AGENCY FOR HEALTHCARE ADMINISTRATION AND THE DEPARTMENT OF ELDER AFFAIRS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Freimark President/ceo | OfficerTrustee | 27 | $1,480,278 |
Shaun Corbett Chief Medical Officer | Officer | 40 | $429,206 |
Marc Agronin Chief Medical Officer | Officer | 40 | $404,837 |
Michael Durr Treasurer | Officer | 30 | $350,530 |
Dana Kulvin Chief Business Strategist And General Counsel | Officer | 40 | $329,113 |
Bernardo Larralde Chief Technology Officer | Officer | 40 | $246,288 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allied Universal Security Services Security Services | 6/29/23 | $951,013 |
Polaris Pharmacy Services Pharmaceutical Services | 6/29/23 | $774,142 |
Morevisibility Marketing Services | 6/29/23 | $387,853 |
Gray Construction Control Inc Construction Services | 6/29/23 | $341,310 |
Shiftmed Llc Staffing Services | 6/29/23 | $318,017 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,759,682 |
| Government grants | $455,778 |
| 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 | $2,215,460 |
| Total Program Service Revenue | $71,820,072 |
| Investment income | $201,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $489,889 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,726,770 |
| 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. | $3,805,327 |
| Compensation of current officers, directors, key employees. | $2,732,494 |
| Compensation to disqualified persons | $425,643 |
| Other salaries and wages | $33,132,545 |
| Pension plan accruals and contributions | $598,816 |
| Other employee benefits | $2,191,122 |
| Payroll taxes | $2,503,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $317,308 |
| Fees for services: Accounting | $248,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,533 |
| Fees for services: Other | $26,122,831 |
| Advertising and promotion | $321,493 |
| Office expenses | $1,058,198 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,136,881 |
| Travel | $298,713 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,567 |
| Interest | $2,079,357 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,084,191 |
| Insurance | $727,174 |
| All other expenses | $1,660,012 |
| Total functional expenses | $89,706,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,540,753 |
| Savings and temporary cash investments | $12,610,772 |
| Pledges and grants receivable | $55,699 |
| Accounts receivable, net | $2,504,262 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,738,450 |
| Inventories for sale or use | $661,585 |
| Prepaid expenses and deferred charges | $1,516,088 |
| Net Land, buildings, and equipment | $55,669,155 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,622,351 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $904,323 |
| Total assets | $95,823,438 |
| Accounts payable and accrued expenses | $16,207,710 |
| Grants payable | $0 |
| Deferred revenue | $1,147,416 |
| Tax-exempt bond liabilities | $40,870,935 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $93,666 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,584,126 |
| Total liabilities | $129,903,853 |
| Net assets without donor restrictions | -$35,070,965 |
| Net assets with donor restrictions | $990,550 |
| 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 | $95,823,438 |