Parker Jewish Institute For Health Care And Rehabilitation Foundation
- Assets
- $47.0m
- Revenue
- $3.1m
- Investments
- $742.9k
- Employees
- 6
- Location
- New Hyde Park, NY
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 11-3041480
Organization Overview
Parker Jewish Institute For Health Care And Rehabilitation Foundation is located in New Hyde Park, NY. The organization was established in 1992. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Parker Jewish Institute For Health Care And Rehabilitation Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parker Jewish Institute For Health Care And Rehabilitation Foundation 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 12/2021, Parker Jewish Institute For Health Care And Rehabilitation Foundation generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Parker Jewish Institute For Health Care And Rehabilitation Foundation has awarded 21 individual grants totaling $4,727,978. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND BENEFIT THE PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION AND ANY SUPPORTING ORGANIZATION OPERATING FOR ITS BENEFIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION AWARDED DONATIONS TO OTHER LOCAL NONPROFITS WITH SIMILAR PURPOSES TO PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION, TO SUPPORT THEIR MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Breuer VP Of Research | 46 | $290,258 | |
Nina Koppelman Vice Chairman, Finance | OfficerTrustee | 1 | $0 |
Mike L Denhoff Assistant Treasurer | OfficerTrustee | 1 | $0 |
Frances Katz Assistant Secretary | OfficerTrustee | 1 | $0 |
Philip Kaplan Treasurer | OfficerTrustee | 1 | $0 |
Peter Seideman Chairman, Thru 9/30/21 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Orr Associates Inc Development Services | 12/30/21 | $324,000 |
Wynne Health Group Consulting & Lobbying | 12/30/21 | $106,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $291,410 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $236,539 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $527,949 |
| Total Program Service Revenue | $0 |
| Investment income | $337,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$22,780 |
| Net Gain/Loss on Asset Sales | $2,324,459 |
| Net Income from Fundraising Events | -$93,773 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,118,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,132 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $345,018 |
| Pension plan accruals and contributions | $5,900 |
| Other employee benefits | $35,281 |
| Payroll taxes | $11,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $140,671 |
| Fees for services: Accounting | $29,870 |
| Fees for services: Lobbying | $35,295 |
| Fees for services: Fundraising | $324,000 |
| Fees for services: Investment Management | $177,556 |
| Fees for services: Other | $18,511 |
| Advertising and promotion | $51,474 |
| Office expenses | $18,547 |
| Information technology | $20,094 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,471 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134,497 |
| Insurance | $0 |
| All other expenses | $4,822 |
| Total functional expenses | $1,462,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,828 |
| Savings and temporary cash investments | $364,185 |
| Pledges and grants receivable | $402,654 |
| Accounts receivable, net | $0 |
| 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 | $60,669 |
| Net Land, buildings, and equipment | $2,012,750 |
| Investments—publicly traded securities | $36,436,640 |
| Investments—other securities | $742,871 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,811,584 |
| Total assets | $47,048,181 |
| Accounts payable and accrued expenses | $132,764 |
| Grants payable | $0 |
| Deferred revenue | $43,295 |
| 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 | $0 |
| Total liabilities | $176,059 |
| Net assets without donor restrictions | $44,134,409 |
| Net assets with donor restrictions | $2,737,713 |
| 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 | $47,048,181 |
Grants Awarded
Over the last fiscal year, Parker Jewish Institute For Health Care And Rehabilitation Foundation has awarded $24,050 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Rockville, MD PURPOSE: GENERAL OPERATING SUPPORT | $11,550 |
Bronx, NY PURPOSE: GENERAL OPERATING SUPPORT | $6,500 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Parker Jewish Institute For Health Care And Rehabilitation Foundation has recieved totaling $32,547.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $22,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $47 |
Endowment Analysis
| Beg. Balance | $2,030,644 |
| Earnings | $76,747 |
| Ending Balance | $2,107,391 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance Health Of Quincy Inc Southborough, MA | $18,309,564 | $19,847,469 |
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Childrens Specialized Hospital Foundation Inc Mountainside, NJ | $118,333,795 | $21,767,300 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
Overlook Foundation Summit, NJ | $124,262,093 | $22,064,217 |
Broadline Risk Retention Group Inc Colchester, VT | $135,251,113 | $22,474,493 |
Deborah Hospital Foundation Browns Mills, NJ | $27,360,210 | $10,833,977 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |
The St Francis Hospital Foundation Inc Roslyn, NY | $262,392,526 | $17,931,065 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Monmouth Medical Center Foundation Inc Oceanport, NJ | $47,507,975 | $18,905,693 |