Seven Acres Jewish Senior Care Services Inc is located in Houston, TX. The organization was established in 1944. 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 08/2022, Seven Acres Jewish Senior Care Services Inc employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seven Acres Jewish Senior Care Services 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 08/2022, Seven Acres Jewish Senior Care Services Inc generated $19.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $17.4m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NURSING AND ASSISTED LIVING CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENT CARE SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Feinstein Board Member | OfficerTrustee | 2 | $0 |
Lee Strauss Board Member | OfficerTrustee | 1 | $0 |
Adam Burck Board Member | OfficerTrustee | 1 | $0 |
Gary Greenberg Board Member | OfficerTrustee | 1 | $0 |
Paul Horwitz Board Member | OfficerTrustee | 1 | $0 |
Sandy Light Board Member | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $326,980 |
Government grants | $1,681,750 |
All other contributions, gifts, grants, and similar amounts not included above | $3,637,728 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,646,458 |
Total Program Service Revenue | $12,643,615 |
Investment income | $17,213 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,034,136 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $19,338,972 |
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. | $977,144 |
Compensation of current officers, directors, key employees. | $692,957 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,987,188 |
Pension plan accruals and contributions | $333,204 |
Other employee benefits | $752,686 |
Payroll taxes | $53,993 |
Fees for services: Management | $0 |
Fees for services: Legal | $29,077 |
Fees for services: Accounting | $381,522 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $29,551 |
Fees for services: Investment Management | $1,211 |
Fees for services: Other | $735,609 |
Advertising and promotion | $84,472 |
Office expenses | $0 |
Information technology | $65,306 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,652 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,095 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,305,347 |
Insurance | $817,452 |
All other expenses | $1,667,698 |
Total functional expenses | $17,385,310 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,445 |
Savings and temporary cash investments | $6,047,092 |
Pledges and grants receivable | $1,197,000 |
Accounts receivable, net | $977,029 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $59,241 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $99,254 |
Net Land, buildings, and equipment | $22,796,787 |
Investments—publicly traded securities | $959,486 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $32,139,334 |
Accounts payable and accrued expenses | $1,147,637 |
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 | $3,600,000 |
Total liabilities | $4,747,637 |
Net assets without donor restrictions | $25,835,500 |
Net assets with donor restrictions | $1,556,197 |
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 | $32,139,334 |