Center For Elders Independence
- Assets
- $163.3m
- Revenue
- $110.9m
- Investments
- $0.0
- Employees
- 419
- Location
- Oakland, CA
- Founding
- 04/1994
- Data as of
- 06/2022
- EIN
- 94-3123446
Organization Overview
Center For Elders Independence is located in Oakland, CA. The organization was established in 1994. 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 06/2022, Center For Elders Independence employed 419 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Elders Independence 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, Center For Elders Independence generated $110.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $88.0m during the year ending 06/2022. While expenses have increased by 8.3% 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
PROVIDE HIGH QUALITY, AFFORDABLE, INTEGRATED HEALTH SERVICES TO THE ELDERLY, WHICH PROMOTE AUTONOMY, QUALITY OF LIFE AND THE ABILITY OF INDIVIDUALS TO LIVE IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ELDERLY CARE SERVICES PROVIDED ARE IN ACCORDANCE WITH THE PACE REGULATIONS, A FEDERAL PROGRAM AND AN OPTIONAL MEDI-CAL BENEFIT. PACE IS AN ACRONYM FOR 'PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY. CEI ASSUMES FULL RISK FOR AND DIRECTLY PROVIDES OR CONTRACTS TO PROVIDE THE FULL BENEFITS TO WHICH INDIVIDUAL ARE ENTITLED UNDER MEDICARE AND MEDI-CAL PROGRAMS, INCLUDING BUT NOT LIMITED TO PRIMARY CARE, SPECIALTY CARE, ACUTE AND SKILLED NURSING FACILITY CARE, DAY CARE, SKILLED NURSING HOME HEALTH VISITS, NON-NURSING HOME CARE, TRANSPORTATION, MEALS, SOCIAL AND PSYCHOSOCIAL SERVICES. DURING THE YEAR ENDING JUNE 30TH, 2022, CEI SERVED AN AVERAGE OF 948 ENROLLED MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Elena Zamora Chief Executive Officer | OfficerTrustee | 40 | $390,851 |
James Mittelberger Chief Medical Officer | Officer | 40 | $383,889 |
Laura Holden Chief Financial Officer | Officer | 40 | $102,646 |
Bing Isenberg CFO (left 2/2021) | Officer | 40 | $91,698 |
Raymond Roque Primary Care Physician | Officer | 40 | $288,986 |
Lincoln Sison Primary Care Physician | Officer | 40 | $296,265 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trhc Tpa Llc Dba Pharmastar Pharmacy Benefits Provider | 6/29/22 | $2,875,445 |
Fruitvale Healthcare Center Skilled Nursing Facility Care | 6/29/22 | $1,067,682 |
Vale Operating Company Lp Skilled Nursing Facility Care | 6/29/22 | $838,863 |
Creekside Healthcare Center Skilled Nursing Facility Care | 6/29/22 | $940,067 |
Bellaken Garden & Snf Skilled Nursing Facility Care | 6/29/22 | $738,372 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $654,932 |
| Noncash contributions included in lines 1a–1f | $534,146 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $654,932 |
| Total Program Service Revenue | $108,759,506 |
| Investment income | $24,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $272,341 |
| Net Gain/Loss on Asset Sales | $1,170,175 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,881,645 |
| 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. | $3,100,893 |
| Compensation of current officers, directors, key employees. | $351,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,887,219 |
| Pension plan accruals and contributions | $874,193 |
| Other employee benefits | $3,468,567 |
| Payroll taxes | $1,492,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135,976 |
| Fees for services: Accounting | $83,003 |
| Fees for services: Lobbying | $33,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175,315 |
| Fees for services: Other | $2,814,334 |
| Advertising and promotion | $1,543,622 |
| Office expenses | $2,606,356 |
| Information technology | $356,547 |
| Royalties | $0 |
| Occupancy | $2,879,980 |
| Travel | $238,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $237,976 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,080,536 |
| Insurance | $1,294,772 |
| All other expenses | $0 |
| Total functional expenses | $88,004,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,694,126 |
| Savings and temporary cash investments | $5,501,710 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,883,754 |
| 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 | $1,138,973 |
| Net Land, buildings, and equipment | $34,738,409 |
| Investments—publicly traded securities | $78,808,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $264,310 |
| Other assets | $303,881 |
| Total assets | $163,334,060 |
| Accounts payable and accrued expenses | $14,689,115 |
| Grants payable | $0 |
| Deferred revenue | $617,701 |
| 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 | $61,996 |
| Total liabilities | $15,368,812 |
| Net assets without donor restrictions | $107,496,000 |
| Net assets with donor restrictions | $40,469,248 |
| 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 | $163,334,060 |
Grants Awarded
Over the last fiscal year, Center For Elders Independence has awarded $17,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REBUILDING TOGETHER OAKLAND PURPOSE: GENERAL SUPPORT | $10,800 |
FAMILY BRIDGES INC PURPOSE: GENERAL SUPPORT | $6,500 |