Menorah Park
- Assets
- $17.1m
- Revenue
- $6.2m
- Investments
- $12.0m
- Employees
- 16
- Location
- San Francisco, CA
- Founding
- 09/1978
- Data as of
- 06/2024
- EIN
- 94-2518498
Organization Overview
Menorah Park is located in San Francisco, CA. The organization was established in 1978. 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 06/2024, Menorah Park employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menorah Park 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 06/2024, Menorah Park generated $6.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $4.6m during the year ending 06/2024. While expenses have increased by 5.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENORAH PARK PROVIDES SUBSIDIZED HOUSING FOR MORE THAN 190 RESIDENTS IN 149 INDEPENDENT LIVING APARTMENTS IN A SINGLE BUILDING IN SAN FRANCISCO. IN ADDITION TO HOUSING, MENORAH PARK PROVIDES THE SERVICES OF A RUSSIAN-SPEAKING SOCIAL WORKER AND CHINESE-SPEAKING SOCIAL WORKER TO OUR MOSTLY MONOLINGUAL RESIDENTS. WE ALSO PROVIDE SOCIAL ACTIVITIES ONSITE AND OUT IN THE COMMUNITY AND A FOOD SECURITY PROGRAM.
MENORAH PARK GRANTS MORE THAN $1 MILLION ANNUALLY TO ORGANIZATIONS IN THE SAN FRANCISCO BAY AREA THAT WORK TO (1) PROVIDE LOW-INCOME HOUSING TO SENIORS, (2) KEEP LOW-INCOME SENIOR HOUSED SAFELY, (3) INNOVATE PROGRAMS TO HELP LOW-INCOME HOUSING DEVELOPMENT, AND (4) FOOD SECURITY. OUR GRANTS ARE ADMINISTERED THROUGH A DONOR ADVISED FUND AT THE SAN FRANCISCO FOUNDATION. THE SF FOUNDATION PROVIDES GUIDANCE TO THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS ON POTENTIAL GRANTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Levison Executive Director | Officer | 38 | $206,177 |
Sima Kaminsky Office Manager | 38 | $136,315 | |
Jason Shemtob President | OfficerTrustee | 1 | $0 |
Joan Laguatan Secretary | OfficerTrustee | 1 | $0 |
Kaia Burkett Treasurer | OfficerTrustee | 1 | $0 |
Shari Freedman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,761,292 |
| 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 | $4,761,292 |
| Total Program Service Revenue | $0 |
| Investment income | $355,811 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,068,260 |
| Net Gain/Loss on Asset Sales | -$23,422 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,171,680 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,016,000 |
| 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. | $295,763 |
| Compensation of current officers, directors, key employees. | $266,187 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,070,592 |
| Pension plan accruals and contributions | $9,949 |
| Other employee benefits | $138,841 |
| Payroll taxes | $92,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $88,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67,481 |
| Fees for services: Other | $210,068 |
| Advertising and promotion | $0 |
| Office expenses | $33,954 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $354,134 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $567,299 |
| Insurance | $278,523 |
| All other expenses | $1,542 |
| Total functional expenses | $4,625,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481 |
| Savings and temporary cash investments | $2,130,713 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,926 |
| 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 | $139,064 |
| Net Land, buildings, and equipment | $2,776,886 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,964,982 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,220 |
| Total assets | $17,099,272 |
| Accounts payable and accrued expenses | $161,919 |
| 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 | $78,917 |
| Total liabilities | $240,836 |
| Net assets without donor restrictions | $16,858,436 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,099,272 |
Grants Awarded
Over the last fiscal year, Menorah Park has awarded $730,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SAN FRANCISCO-MARIN FOOD BANK PURPOSE: PROGRAM SUPPORT | $30,600 |
CONGREGATION SHALOM BAYIT PURPOSE: PROGRAM SUPPORT | $25,000 |
CHRONICLE SEASON OF SHARING FUND PURPOSE: PROGRAM SUPPORT | $150,000 |
TIDES CENTER PURPOSE: PROGRAM SUPPORT | $50,000 |
HEBREW FREE LOAN PURPOSE: PROGRAM SUPPORT | $75,000 |
MEALS ON WHEELS AMERICA PURPOSE: PROGRAM SUPPORT | $125,000 |