Jewish Healthcare Center Inc
- Assets
- $14.4m
- Revenue
- $29.7m
- Investments
- $0.0
- Employees
- 582
- Location
- Worcester, MA
- Founding
- 01/1942
- Data as of
- 12/2020
- EIN
- 04-2103803
Organization Overview
Jewish Healthcare Center Inc is located in Worcester, MA. The organization was established in 1942. 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 12/2020, Jewish Healthcare Center Inc employed 582 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Healthcare Center 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 12/2020, Jewish Healthcare Center Inc generated $29.7m 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 $29.0m during the year ending 12/2020. While expenses have increased by 3.2% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER OWNS AND OPERATES A 141 BED NURSING HOME THAT CONDUCTS INPATIENT LONG-TERM CARE AND RECUPERATIVE SERVICES. THE CENTER PROVIDES A WIDE RANGE OF CARE, INCLUDING COMPREHENSIVE MEDICAL CARE, HOSPICE SERVICES, ANCILLARY HEALTH SERVICES AND AN INTEGRATED THERAPIES PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER OWNS AND OPERATES A 141 BED NURSING HOME THAT PROVIDES INPATIENT LONG-TERM CARE AND RECUPERATIVE SERVICES FOR ITS PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Willens Executive Director | Officer | 40 | $306,714 |
Vincent Librandi Administration | 40 | $167,144 | |
Minna Gregerman Secretary | Officer | 0 | $0 |
Warren Palley Vice President | Officer | 0 | $0 |
Lisa Cohen Vice President | Officer | 0 | $0 |
Philip Ostrow Treasurer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $97,242 |
| Fundraising events | $0 |
| Related organizations | $910,348 |
| Government grants | $2,413,089 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,605,524 |
| Total Program Service Revenue | $26,052,832 |
| Investment income | $7,786 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $65,821 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,731,963 |
| 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. | $306,714 |
| Compensation of current officers, directors, key employees. | $306,714 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,709,909 |
| Pension plan accruals and contributions | $245,652 |
| Other employee benefits | $433,877 |
| Payroll taxes | $1,592,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,749 |
| Fees for services: Accounting | $54,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $69,220 |
| Office expenses | $491,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $391,199 |
| Travel | $107,174 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $277,696 |
| Insurance | $1,688,752 |
| All other expenses | $1,800,302 |
| Total functional expenses | $28,972,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,910,719 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,719,378 |
| 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 | $39,722 |
| Net Land, buildings, and equipment | $3,077,557 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $640,970 |
| Total assets | $14,388,346 |
| Accounts payable and accrued expenses | $2,124,568 |
| Grants payable | $0 |
| Deferred revenue | $13,709 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $52,012 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,192,000 |
| Other liabilities | $0 |
| Total liabilities | $6,382,289 |
| Net assets without donor restrictions | $8,006,057 |
| 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 | $14,388,346 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Jewish Healthcare Center Inc has recieved totaling $84,632.
| Awarding Organization | Amount |
|---|---|
Hermann Foundation Inc Worcester, MA PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $50,000 |
Sumner And Lois Herman Charitable Foundation Worcester, MA PURPOSE: GENERAL | $11,000 |
Joseph Persky Foundation Worcester, MA PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $10,000 |
Joseph And Rae Gann Charitable Foundation Bal Harbour, FL PURPOSE: GENERAL | $5,000 |
Aksel Nielsen Foundation Cambridge, MA PURPOSE: GENERAL SUPPORT | $5,000 |
Melvin S Cutler Charitable Foundation Worcester, MA PURPOSE: GENERAL | $2,100 |
Endowment Analysis
| Beg. Balance | $13,667,281 |
| Earnings | $1,409,632 |
| Admin Expense | $54,615 |
| Grants | $597,112 |
| Ending Balance | $14,425,186 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rutland Nursing Home Inc Brooklyn, NY | $14,641,338 | $58,008,587 |
Terence Cardinal Cooke Health Care Center New York, NY | $89,661,206 | $110,033,189 |
Parker Jewish Institute For Health Care And Rehabilitation New Hyde Park, NY | $199,982,066 | $91,840,535 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
The Rosalind And Joseph Gurwin Jewish Geriatric Center Of Long Is Commack, NY | $54,775,668 | $80,755,778 |
The Schulman And Schachne Institute For Nursing And Rehabilitation Inc Brooklyn, NY | $15,175,367 | $62,719,757 |
Menorah Home & Hospital For The Aged & Infirm Brooklyn, NY | $95,922,650 | $81,993,639 |
Loretto Health And Rehabilitation Center Syracuse, NY | $32,645,614 | $69,232,567 |
Mary Manning Walsh Nursing Home Co Inc New York, NY | $75,917,101 | $69,028,602 |
Amsterdam Nursing Home Corporation New York, NY | $69,684,595 | $65,318,560 |
St Anns Home For The Aged Rochester, NY | $128,282,836 | $56,352,985 |
The Silvercrest Center For Nursing And Rehabilitation Jamaica, NY | $32,498,304 | $53,752,746 |